North Albuquerque, Albuquerque, NM—87109

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$384,000

0.0% YoY Growth

Household Income

$56,300

11.4% YoY Growth

Days on Market

5.0% Shorter YoY

Home Price Forecast

1.3%

Median Rent

$1,290

0.0% YoY Growth

1-Bed Rent

$1,200

5.1% YoY Growth

2-Bed Rent

$1,350

2.0% YoY Growth

3-Bed Rent

$1,680

13.5% YoY Growth

Home Price Trends — North Albuquerque, Albuquerque, NM

As of May '26, the median home price in North Albuquerque, Albuquerque, NM is $384,000, with a year-over-year change of 0.0%. This indicates that home prices in North Albuquerque, Albuquerque, NM are flat. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$384,000	0.0%
Single Family	$393,000	0.0%
Condos	$204,000	-0.5%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Type	Median Rent	Average Rent
Average Rent	$1,290	$1,390
Studio Rent	$960	$1,150
1 Bed Rent	$1,200	$1,230
2 Bed Rent	$1,350	$1,440
3 Bed Rent	$1,680	$1,730
4 Bed Rent	$2,420	$3,930

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$387,000	-2.0%
Listing Count	94	-14.0%
Listings as % of Homes	0.3%	-14.0%
Days on Market	57	-5.0%

Metric	Latest Census	YoY % Change
Population	39,300	0.0%
% Under 18	17.3%	1.8%
% Seniors	23.6%	25.5%
% WFH	13.0%	176.6%
% w/ College Degree	42.2%	8.2%

Metric	Latest Census	5-Year % Change
% White	47.3%	-6.0%
% Black	4.5%	32.4%
% Hispanic	36.1%	-0.3%
% Asian	3.3%	3.1%
% Foreign Born	7.3%	-8.8%

Metric	Zip Code Average
Total Loan Originations	158
% Conventional Loans	78.0%
% Government Loans	22.0%
% Investor Loans	3.0%
% Second Loans	1.0%
% Cash Out Refinance	12.0%

North Albuquerque, Albuquerque, NM—87109

Key Metrics at a Glance

Home Price Trends — North Albuquerque, Albuquerque, NM

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — North Albuquerque, Albuquerque, NM

% of Rental Stock

Property Listings — North Albuquerque, Albuquerque, NM

Demographics — North Albuquerque, Albuquerque, NM

Race and Ethnicity

Mortgage and Risk — North Albuquerque, Albuquerque, NM

Mortgages

Rentals and Section 8 — North Albuquerque, Albuquerque, NM

Section 8 Market Size

Section 8 Opportunity

Affordability — North Albuquerque, Albuquerque, NM

Home Price to Income Ratio

North Albuquerque, Albuquerque, NM — ZIP Code Boundary Map

Nearby ZIP Codes

West Albuquerque, Albuquerque, NM

North Valley, Albuquerque, NM

Near North Valley, Albuquerque, NM

Far Northeast, Albuquerque, NM

Taylor Ranch, Albuquerque, NM

Frequently Asked Questions

Total Units under HUD	803
Total Units Section 8	802
% Rentals under Section 8	9.1%
% Occupied Section 8	82.9%

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$50	$1,200	$1,150
2 Bedroom	$60	$1,350	$1,410
3 Bedroom	$300	$1,680	$1,980
4 Bedroom	-$80	$2,420	$2,340

Metric	Zip Code Average
Home Price to Income Ratio	6.1
Median Home Price	$384,000
Median Household Income	$56,300

North Albuquerque, Albuquerque, NM—87109

Key Metrics at a Glance

Home Price Trends — North Albuquerque, Albuquerque, NM

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — North Albuquerque, Albuquerque, NM

% of Rental Stock

Property Listings — North Albuquerque, Albuquerque, NM

Demographics — North Albuquerque, Albuquerque, NM

Race and Ethnicity

Mortgage and Risk — North Albuquerque, Albuquerque, NM

Mortgages

Rentals and Section 8 — North Albuquerque, Albuquerque, NM

Section 8 Market Size

Section 8 Opportunity

Affordability — North Albuquerque, Albuquerque, NM

Home Price to Income Ratio

North Albuquerque, Albuquerque, NM — ZIP Code Boundary Map

Nearby ZIP Codes

West Albuquerque, Albuquerque, NM

North Valley, Albuquerque, NM

Near North Valley, Albuquerque, NM

Far Northeast, Albuquerque, NM

Taylor Ranch, Albuquerque, NM

Frequently Asked Questions

What is the average home price in North Albuquerque, Albuquerque, NM 87109?

How have home prices in North Albuquerque, Albuquerque, NM 87109 changed over the past year?

What is the home price projection for North Albuquerque, Albuquerque, NM 87109?

What are the demographics of North Albuquerque, Albuquerque, NM 87109?

How long does it take homes to sell in North Albuquerque, Albuquerque, NM 87109?

What is the average rent price in North Albuquerque, Albuquerque, NM 87109?