East Albuquerque, Albuquerque, NM—87106
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — East Albuquerque, Albuquerque, NM
As of Oct '25, the median home price in East Albuquerque, Albuquerque, NM is $363,000, with a year-over-year change of 0.7%. This indicates that home prices in East 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 | $363,000 | 0.7% |
| Single Family | $368,000 | 0.5% |
| Condos | $159,000 | 1.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $181,000 | 3.4% |
2 Bed | $305,000 | 0.7% |
3 Bed | $391,000 | 1.0% |
4 Bed | $499,000 | 2.7% |
| 5 Bed | $610,000 | 3.0% |
% of Housing Stock
Rental Trends — East Albuquerque, Albuquerque, NM
As of July '25, Rentcast reports the average rent in East Albuquerque, Albuquerque, NM is $1,550, with a year-over-year rent change of 6.2%. Per bedroom, the median rent as of July '25 in East Albuquerque, Albuquerque, NM is studios: $852, 1-bedrooms: $1,250, 2-bedrooms: $1,650, 3-bedrooms: $2,210, 4-bedrooms: $3,080. The most common rental property sizes in East Albuquerque, Albuquerque, NM are 2-bedroom and 1-bedroom, accounting for 36.0% and 30.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,550 | $1,550 |
| Studio Rent | $750 | $852 |
| 1 Bed Rent | $1,220 | $1,250 |
| 2 Bed Rent | $1,800 | $1,650 |
| 3 Bed Rent | $2,210 | $2,210 |
| 4 Bed Rent | $2,350 | $3,080 |
% of Rental Stock
Property Listings — East Albuquerque, Albuquerque, NM
As of Oct '25, Realtor.com reports that the median days on market for a home in East Albuquerque, Albuquerque, NM is 81. This is a increase of 29.0% 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 46.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $447,000 | -3.0% |
Listing Count | 101 | 44.0% |
| Listings as % of Homes | 0.4% | 44.0% |
Days on Market | 81 | 29.0% |
Demographics — East Albuquerque, Albuquerque, NM
As of the latest ACS Survey released in 2023, East Albuquerque, Albuquerque, NM has a population of 26,800, which has increased by 6.8% over the past 5 years. East Albuquerque, Albuquerque, NM is a less popular place for families, as children make up 14.4% of the population. The area has a highly educated workforce, with 52.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 26,800 | 6.8% |
% Under 18 | 14.4% | -5.9% |
% Seniors | 13.2% | 24.5% |
% WFH | 13.5% | 321.9% |
% w/ College Degree | 52.8% | 2.9% |
As of the latest ACS Survey released in 2023, East Albuquerque, Albuquerque, NM is a predominantly white area, with 45.6% of the population identifying as white. The white population has shrunk by 6.0% in the last 5 years. The second most common race or ethnicity in East Albuquerque, Albuquerque, NM is hispanic, making up 38.6% of the population. Foreign-born residents account for 12.5% of the population in East Albuquerque, Albuquerque, NM, and this percentage has increased by 1.6% 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 | 45.6% | -6.0% |
% Black | 3.3% | -23.3% |
% Hispanic | 38.6% | 4.3% |
% Asian | 4.0% | 0.0% |
% Foreign Born | 12.5% | 1.6% |
Mortgage and Risk — East Albuquerque, Albuquerque, NM
According to HUD data as of 2023, there were 255 mortgage originations in East Albuquerque, Albuquerque, NM, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in East Albuquerque, Albuquerque, NM. Investor activity is low, as 9.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 255 |
% Conventional Loans | 89.0% |
% Government Loans | 11.0% |
% Investor Loans | 9.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — East Albuquerque, Albuquerque, NM
As of 2024, the percent of homes in East Albuquerque, Albuquerque, NM under the Section 8 program is 6.6%. 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. In East Albuquerque, Albuquerque, NM, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 506 |
Total Units Section 8 | 506 |
% Rentals under Section 8 | 6.6% |
% Occupied Section 8 | 82.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$190 | $1,220 | $1,030 |
| 2 Bedroom | -$540 | $1,800 | $1,260 |
| 3 Bedroom | -$440 | $2,210 | $1,770 |
| 4 Bedroom | -$260 | $2,350 | $2,090 |
Affordability — East Albuquerque, Albuquerque, NM
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.6 |
| Median Home Price | $363,000 |
| Median Household Income | $51,100 |