Southeast Albuquerque, Albuquerque, NM—87105
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Southeast Albuquerque, Albuquerque, NM
As of Oct '25, the median home price in Southeast Albuquerque, Albuquerque, NM is $270,000, with a year-over-year change of 2.2%. This indicates that home prices in Southeast Albuquerque, Albuquerque, NM are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $270,000 | 2.2% |
| Single Family | $270,000 | 1.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $180,000 | -1.1% |
2 Bed | $228,000 | 1.8% |
3 Bed | $286,000 | 1.8% |
4 Bed | $360,000 | 2.9% |
| 5 Bed | $407,000 | 3.0% |
% of Housing Stock
Rental Trends — Southeast Albuquerque, Albuquerque, NM
As of July '25, Rentcast reports the average rent in Southeast Albuquerque, Albuquerque, NM is $1,450, with a year-over-year rent change of 5.1%. Per bedroom, the median rent as of July '25 in Southeast Albuquerque, Albuquerque, NM is 1-bedrooms: $951, 2-bedrooms: $1,190, 3-bedrooms: $2,170, 4-bedrooms: $2,450. The most common rental property sizes in Southeast Albuquerque, Albuquerque, NM are 2-bedroom and 3-bedroom, accounting for 46.6% and 28.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,100 | $1,450 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $900 | $951 |
| 2 Bed Rent | $1,050 | $1,190 |
| 3 Bed Rent | $2,000 | $2,170 |
| 4 Bed Rent | $2,250 | $2,450 |
% of Rental Stock
Property Listings — Southeast Albuquerque, Albuquerque, NM
As of Oct '25, Realtor.com reports that the median days on market for a home in Southeast Albuquerque, Albuquerque, NM is 68. This is a increase of 34.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $356,000 | 7.0% |
Listing Count | 108 | 28.0% |
| Listings as % of Homes | 0.4% | 28.0% |
Days on Market | 68 | 34.0% |
Demographics — Southeast Albuquerque, Albuquerque, NM
As of the latest ACS Survey released in 2023, Southeast Albuquerque, Albuquerque, NM has a population of 54,200, which has decreased by -8.3% over the past 5 years. Southeast Albuquerque, Albuquerque, NM is a moderately popular place for families, as children make up 22.9% of the population. The area has a poorly educated workforce, with 16.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 54,200 | -8.3% |
% Under 18 | 22.9% | -4.6% |
% Seniors | 18.0% | 18.4% |
% WFH | 7.2% | 35.8% |
% w/ College Degree | 16.1% | 27.8% |
As of the latest ACS Survey released in 2023, Southeast Albuquerque, Albuquerque, NM is a predominantly hispanic area, with 80.0% of the population identifying as hispanic. The hispanic population has grown by 0.3% in the last 5 years. The second most common race or ethnicity in Southeast Albuquerque, Albuquerque, NM is white, making up 13.8% of the population. Foreign-born residents account for 14.5% of the population in Southeast Albuquerque, Albuquerque, NM, and this percentage has decreased by 5.2% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 13.8% | -3.5% |
% Black | 1.2% | -7.7% |
% Hispanic | 80.0% | 0.3% |
% Asian | 0.3% | -40.0% |
% Foreign Born | 14.5% | -5.2% |
Mortgage and Risk — Southeast Albuquerque, Albuquerque, NM
According to HUD data as of 2023, there were 741 mortgage originations in Southeast Albuquerque, Albuquerque, NM, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Southeast Albuquerque, Albuquerque, NM. Investor activity is low, as 1.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 741 |
% Conventional Loans | 71.0% |
% Government Loans | 29.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Southeast Albuquerque, Albuquerque, NM
As of 2024, the percent of homes in Southeast Albuquerque, Albuquerque, NM under the Section 8 program is 10.8%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Southeast Albuquerque, Albuquerque, NM, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 505 |
Total Units Section 8 | 489 |
% Rentals under Section 8 | 10.8% |
% Occupied Section 8 | 85.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $10 | $900 | $910 |
| 2 Bedroom | $70 | $1,050 | $1,120 |
| 3 Bedroom | -$430 | $2,000 | $1,570 |
| 4 Bedroom | -$390 | $2,250 | $1,860 |
Affordability — Southeast Albuquerque, Albuquerque, NM
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.7 |
| Median Home Price | $270,000 |
| Median Household Income | $49,900 |