USA.com / New Mexico / Bernalillo County / Albuquerque, NM / 87102 / Housing

87102 Zip Code Housing

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As of 2010-2014, median price of a house in 87102 Zip Code is $129,900, which is lower than the state average of $159,300 and is lower than the national average of $175,700. The 87102 Zip Code median house value has grown by 61.77% since 2000. The growth rate for the price of a house in 87102 Zip Code is higher than the state average rate of 47.36% and is higher than the national average rate of 46.91%. The median year that a house in 87102 Zip Code was built is 1960, which is older than the median year for a house built in the state which is 1981 and is older than the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 3,344 Owner Occupied Houses in 87102 Zip Code, see rank

87102 Zip Code	129,900 USD
New Mexico	159,300 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, see rank

87102 Zip Code	61.77%
New Mexico	47.36%
U.S.	46.91%

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

	87102 Zip Code	New Mexico	U.S.
Total Housing Units	10,432, see rank, 100%	907,233	132,741,033
Occupied Housing Units	8,868, 85.01%, see rank	84.29%	87.55%
Owner Occupied	3,344, 32.06%, see rank	57.46%	56.34%
Renter Occupied	5,524, 52.95%, see rank	26.83%	31.21%
Vacant Housing Units	1,564, 14.99%, see rank	15.71%	12.45%
For Rent	720, 6.90%, see rank	2.38%	2.34%
For Sale Only	217, 2.08%, see rank	1.36%	1.20%
Rented or Sold, Not Occupied	110, 1.05%, see rank	0.84%	0.92%
For Seasonal, Recreational, or Occasional Use	148, 1.42%, see rank	5.69%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.11%	0.03%
Other Vacant	369, 3.54%, see rank	5.34%	4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #303

87102 Zip Code	New Mexico	U.S.
1960	1981	1976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

	87102 Zip Code	%	New Mexico	U.S.
Owner-Occupied Units	3,344	100%	521,278	74,787,460
With a Mortgage	1,939	57.98%, see rank	58.53%	65.58%
Without a Mortgage	1,405	42.02%, see rank	41.47%	34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

87102 Zip Code	1,010 USD
New Mexico	1,242 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	87102 Zip Code	%	New Mexico	U.S.
$299 or Less	19	0.98%, see rank	0.22%	0.20%
$300 to $499	61	3.15%, see rank	2.56%	1.59%
$500 to $699	330	17.02%, see rank	8.36%	5.01%
$700 to $999	547	28.21%, see rank	20.68%	14.32%
$1,000 to $1,499	545	28.11%, see rank	34.20%	27.90%
$1,500 to $1,999	367	18.93%, see rank	18.89%	20.35%
$2,000 to $2,999	70	3.61%, see rank	11.36%	19.52%
$3,000 or More	0	0.00%, see rank	3.72%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

87102 Zip Code	26.60% of the Total Income
New Mexico	23.20% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	87102 Zip Code	%	New Mexico	U.S.
10% or Less	158	8.15%, see rank	7.26%	5.86%
10% to 20%	407	20.99%, see rank	32.85%	31.95%
20% to 30%	526	27.13%, see rank	25.70%	27.64%
30% to 40%	283	14.60%, see rank	12.87%	13.74%
40% or More	548	28.26%, see rank	20.48%	20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

87102 Zip Code	304 USD
New Mexico	324 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	87102 Zip Code	%	New Mexico	U.S.
$199 or Less	153	10.89%, see rank	19.60%	7.76%
$200 to $299	530	37.72%, see rank	24.69%	14.70%
$300 to $499	528	37.58%, see rank	37.15%	34.63%
$500 to $699	165	11.74%, see rank	12.63%	21.16%
$700 or More	29	2.06%, see rank	5.93%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

87102 Zip Code	12.60% of the Total Income
New Mexico	10.00% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	87102 Zip Code	%	New Mexico	U.S.
10% or Less	504	35.87%, see rank	49.80%	40.19%
10% to 20%	498	35.44%, see rank	27.25%	31.47%
20% to 30%	130	9.25%, see rank	9.72%	12.24%
30% to 40%	96	6.83%, see rank	4.52%	5.64%
40% or More	131	9.32%, see rank	6.81%	9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	87102 Zip Code	New Mexico	U.S.
Total Housing Units	10,432, 100%	907,233	132,741,033
1-unit, Detached	5,357, 51.35%, see rank	64.81%	61.65%
1-unit, Attached	537, 5.15%, see rank	3.71%	5.82%
2 Units	686, 6.58%, see rank	1.92%	3.75%
3 or 4 Units	498, 4.77%, see rank	3.65%	4.43%
5 to 9 Units	526, 5.04%, see rank	2.72%	4.78%
10 or More Units	2,656, 25.46%, see rank	6.53%	13.08%
Mobile Home, Boat, RV, Van, etc.	172, 1.65%, see rank	16.67%	6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

	87102 Zip Code	New Mexico	U.S.
Total Housing Units	10,432, 100%	907,233	132,741,033
1 Room	742, 7.11%, see rank	2.62%	1.95%
2 Rooms	713, 6.83%, see rank	2.34%	2.48%
3 Rooms	2,113, 20.25%, see rank	7.65%	9.13%
4 Rooms	2,532, 24.27%, see rank	17.57%	16.60%
5 Rooms	1,814, 17.39%, see rank	24.59%	20.41%
6 Rooms	1,264, 12.12%, see rank	20.08%	18.06%
7 Rooms	630, 6.04%, see rank	12.20%	12.27%
8 Rooms	322, 3.09%, see rank	6.66%	8.48%
9 Rooms or More	302, 2.89%, see rank	6.29%	10.60%
Median Rooms	4.20, see rank	5.30	5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

	87102 Zip Code	New Mexico	U.S.
Total Housing Units	10,432, 100%	907,233	132,741,033
No Bedroom	926, 8.88%, see rank	2.87%	2.17%
1 Bedroom	3,293, 31.57%, see rank	9.24%	11.16%
2 Bedrooms	3,624, 34.74%, see rank	25.66%	26.69%
3 Bedrooms	2,006, 19.23%, see rank	46.23%	39.70%
4 Bedrooms	544, 5.21%, see rank	13.82%	16.05%
5 or More Bedrooms	39, 0.37%, see rank	2.18%	4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

	87102 Zip Code	New Mexico	U.S.
Total Housing Units	8,868, 100%	764,684	116,211,092
Utility Gas	6,937, 78.23%, see rank	66.93%	48.85%
Bottled, Tank, or LP Gas	99, 1.12%, see rank	8.60%	4.86%
Electricity	1,773, 19.99%, see rank	16.11%	36.68%
Fuel Oil, Kerosene, etc.	0, 0.00%, see rank	0.13%	5.86%
Coal or Coke	9, 0.10%, see rank	0.04%	0.12%
Wood	28, 0.32%, see rank	6.80%	2.12%
Solar Energy	4, 0.05%, see rank	0.26%	0.05%
Other Fuel	13, 0.15%, see rank	0.94%	0.47%
No Fuel Used	5, 0.06%, see rank	0.19%	1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	87102 Zip Code	New Mexico	U.S.
Occupied Units Paying Rent	5,418, 100%	224,786	39,201,928
$199 or Less	106, 1.96%, see rank	1.92%	1.50%
$200 to $299	271, 5.00%, see rank	3.59%	3.18%
$300 to $499	769, 14.19%, see rank	11.64%	7.37%
$500 to $699	2,068, 38.17%, see rank	23.80%	16.01%
$700 to $999	1,559, 28.77%, see rank	31.60%	29.17%
$1,000 to $1,499	550, 10.15%, see rank	21.59%	26.88%
$1,500 to $1,999	61, 1.13%, see rank	4.42%	9.79%
$2,000 or More	34, 0.63%, see rank	1.44%	6.10%
Median	$653, see rank	$774	$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

	87102 Zip Code	New Mexico	U.S.
Occupied Housing Units	8,868, 100%	764,684	116,211,092
No Vehicles Available	1,250, 14.10%, see rank	5.73%	9.12%
1 Vehicles Available	4,456, 50.25%, see rank	33.48%	33.80%
2 Vehicles Available	2,192, 24.72%, see rank	37.82%	37.48%
3 or More Vehicles Available	970, 10.94%, see rank	22.97%	19.61%

*Based on 2010-2014 data. View historical vehicle available data.