Taylor Ranch, Albuquerque, NM—87112
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Taylor Ranch, Albuquerque, NM
As of Oct '25, the median home price in Taylor Ranch, Albuquerque, NM is $313,000, with a year-over-year change of 1.8%. This indicates that home prices in Taylor Ranch, Albuquerque, NM are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $313,000 | 1.9% |
| Single Family | $315,000 | 1.6% |
| Condos | $260,000 | 4.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $260,000 | 2.4% |
3 Bed | $313,000 | 1.6% |
4 Bed | $389,000 | 0.5% |
| 5 Bed | $463,000 | 0.4% |
% of Housing Stock
Rental Trends — Taylor Ranch, Albuquerque, NM
As of July '25, Rentcast reports the average rent in Taylor Ranch, Albuquerque, NM is $1,320, with a year-over-year rent change of 0.8%. Per bedroom, the median rent as of July '25 in Taylor Ranch, Albuquerque, NM is studios: $904, 1-bedrooms: $1,080, 2-bedrooms: $1,300, 3-bedrooms: $1,850, 4-bedrooms: $2,270. The most common rental property sizes in Taylor Ranch, Albuquerque, NM are 2-bedroom and 1-bedroom, accounting for 35.7% and 34.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,220 | $1,320 |
| Studio Rent | $940 | $904 |
| 1 Bed Rent | $1,090 | $1,080 |
| 2 Bed Rent | $1,240 | $1,300 |
| 3 Bed Rent | $1,800 | $1,850 |
| 4 Bed Rent | $2,200 | $2,270 |
% of Rental Stock
Property Listings — Taylor Ranch, Albuquerque, NM
As of Oct '25, Realtor.com reports that the median days on market for a home in Taylor Ranch, Albuquerque, NM is 62. This is a increase of 14.0% 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 37.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $334,000 | -4.0% |
Listing Count | 129 | 6.0% |
| Listings as % of Homes | 0.4% | 6.0% |
Days on Market | 62 | 14.0% |
Demographics — Taylor Ranch, Albuquerque, NM
As of the latest ACS Survey released in 2023, Taylor Ranch, Albuquerque, NM has a population of 42,500, which has increased by 1.1% over the past 5 years. Taylor Ranch, Albuquerque, NM is a moderately popular place for families, as children make up 16.9% of the population. The area has a moderately educated workforce, with 37.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 42,500 | 1.1% |
% Under 18 | 16.9% | -12.0% |
% Seniors | 20.1% | 0.0% |
% WFH | 12.8% | 178.3% |
% w/ College Degree | 37.5% | 12.3% |
As of the latest ACS Survey released in 2023, Taylor Ranch, Albuquerque, NM is a predominantly white area, with 50.7% of the population identifying as white. The white population has shrunk by 7.1% in the last 5 years. The second most common race or ethnicity in Taylor Ranch, Albuquerque, NM is hispanic, making up 36.3% of the population. Foreign-born residents account for 5.7% of the population in Taylor Ranch, Albuquerque, NM, and this percentage has increased by 5.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 50.7% | -7.1% |
% Black | 3.0% | -31.8% |
% Hispanic | 36.3% | 13.8% |
% Asian | 2.6% | -3.7% |
% Foreign Born | 5.7% | 5.6% |
Mortgage and Risk — Taylor Ranch, Albuquerque, NM
According to HUD data as of 2023, there were 258 mortgage originations in Taylor Ranch, Albuquerque, NM, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Taylor Ranch, Albuquerque, NM. Investor activity is low, as 3.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 258 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 3.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Taylor Ranch, Albuquerque, NM
As of 2024, the percent of homes in Taylor Ranch, Albuquerque, NM under the Section 8 program is 8.2%. 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. 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Taylor Ranch, Albuquerque, NM, because HUD payments exceed market rent, while 1-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 640 |
Total Units Section 8 | 598 |
% Rentals under Section 8 | 8.2% |
% Occupied Section 8 | 83.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$70 | $1,090 | $1,020 |
| 2 Bedroom | $10 | $1,240 | $1,250 |
| 3 Bedroom | -$50 | $1,800 | $1,750 |
| 4 Bedroom | -$130 | $2,200 | $2,070 |
Affordability — Taylor Ranch, Albuquerque, NM
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4 |
| Median Home Price | $313,000 |
| Median Household Income | $69,600 |