USA.com / New Mexico / Bernalillo County / Albuquerque, NM / 87107 / Housing

87107 Zip Code Housing

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As of 2010-2014, median price of a house in 87107 Zip Code is $205,300, which is higher than the state average of $159,300 and is higher than the national average of $175,700. The 87107 Zip Code median house value has grown by 71.51% since 2000. The growth rate for the price of a house in 87107 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 87107 Zip Code was built is 1969, 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 8,317 Owner Occupied Houses in 87107 Zip Code, see rank

87107 Zip Code	205,300 USD
New Mexico	159,300 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, see rank

87107 Zip Code	71.51%
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

	87107 Zip Code	New Mexico	U.S.
Total Housing Units	14,179, see rank, 100%	907,233	132,741,033
Occupied Housing Units	13,341, 94.09%, see rank	84.29%	87.55%
Owner Occupied	8,317, 58.66%, see rank	57.46%	56.34%
Renter Occupied	5,024, 35.43%, see rank	26.83%	31.21%
Vacant Housing Units	838, 5.91%, see rank	15.71%	12.45%
For Rent	221, 1.56%, see rank	2.38%	2.34%
For Sale Only	135, 0.95%, see rank	1.36%	1.20%
Rented or Sold, Not Occupied	35, 0.25%, see rank	0.84%	0.92%
For Seasonal, Recreational, or Occasional Use	66, 0.47%, see rank	5.69%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.11%	0.03%
Other Vacant	381, 2.69%, see rank	5.34%	4.00%

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

Year Structure Built

Median Built Year, #275

87107 Zip Code	New Mexico	U.S.
1969	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

	87107 Zip Code	%	New Mexico	U.S.
Owner-Occupied Units	8,317	100%	521,278	74,787,460
With a Mortgage	5,067	60.92%, see rank	58.53%	65.58%
Without a Mortgage	3,250	39.08%, 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

87107 Zip Code	1,313 USD
New Mexico	1,242 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	87107 Zip Code	%	New Mexico	U.S.
$299 or Less	10	0.20%, see rank	0.22%	0.20%
$300 to $499	198	3.91%, see rank	2.56%	1.59%
$500 to $699	279	5.51%, see rank	8.36%	5.01%
$700 to $999	912	18.00%, see rank	20.68%	14.32%
$1,000 to $1,499	1,713	33.81%, see rank	34.20%	27.90%
$1,500 to $1,999	877	17.31%, see rank	18.89%	20.35%
$2,000 to $2,999	608	12.00%, see rank	11.36%	19.52%
$3,000 or More	470	9.28%, see rank	3.72%	11.12%

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

87107 Zip Code	23.20% 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

	87107 Zip Code	%	New Mexico	U.S.
10% or Less	517	10.20%, see rank	7.26%	5.86%
10% to 20%	1,634	32.25%, see rank	32.85%	31.95%
20% to 30%	919	18.14%, see rank	25.70%	27.64%
30% to 40%	794	15.67%, see rank	12.87%	13.74%
40% or More	1,172	23.13%, 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

87107 Zip Code	416 USD
New Mexico	324 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	87107 Zip Code	%	New Mexico	U.S.
$199 or Less	288	8.86%, see rank	19.60%	7.76%
$200 to $299	549	16.89%, see rank	24.69%	14.70%
$300 to $499	1,253	38.55%, see rank	37.15%	34.63%
$500 to $699	816	25.11%, see rank	12.63%	21.16%
$700 or More	344	10.58%, see rank	5.93%	21.75%

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

87107 Zip Code	10.60% 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

	87107 Zip Code	%	New Mexico	U.S.
10% or Less	1,511	46.49%, see rank	49.80%	40.19%
10% to 20%	937	28.83%, see rank	27.25%	31.47%
20% to 30%	369	11.35%, see rank	9.72%	12.24%
30% to 40%	136	4.18%, see rank	4.52%	5.64%
40% or More	198	6.09%, 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

	87107 Zip Code	New Mexico	U.S.
Total Housing Units	14,179, 100%	907,233	132,741,033
1-unit, Detached	9,374, 66.11%, see rank	64.81%	61.65%
1-unit, Attached	1,075, 7.58%, see rank	3.71%	5.82%
2 Units	321, 2.26%, see rank	1.92%	3.75%
3 or 4 Units	997, 7.03%, see rank	3.65%	4.43%
5 to 9 Units	508, 3.58%, see rank	2.72%	4.78%
10 or More Units	996, 7.02%, see rank	6.53%	13.08%
Mobile Home, Boat, RV, Van, etc.	908, 6.40%, see rank	16.67%	6.49%

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

Rooms

	87107 Zip Code	New Mexico	U.S.
Total Housing Units	14,179, 100%	907,233	132,741,033
1 Room	465, 3.28%, see rank	2.62%	1.95%
2 Rooms	255, 1.80%, see rank	2.34%	2.48%
3 Rooms	1,311, 9.25%, see rank	7.65%	9.13%
4 Rooms	2,641, 18.63%, see rank	17.57%	16.60%
5 Rooms	3,151, 22.22%, see rank	24.59%	20.41%
6 Rooms	2,523, 17.79%, see rank	20.08%	18.06%
7 Rooms	1,550, 10.93%, see rank	12.20%	12.27%
8 Rooms	1,062, 7.49%, see rank	6.66%	8.48%
9 Rooms or More	1,221, 8.61%, see rank	6.29%	10.60%
Median Rooms	5.30, see rank	5.30	5.50

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

Bedrooms

	87107 Zip Code	New Mexico	U.S.
Total Housing Units	14,179, 100%	907,233	132,741,033
No Bedroom	504, 3.55%, see rank	2.87%	2.17%
1 Bedroom	1,405, 9.91%, see rank	9.24%	11.16%
2 Bedrooms	4,940, 34.84%, see rank	25.66%	26.69%
3 Bedrooms	5,178, 36.52%, see rank	46.23%	39.70%
4 Bedrooms	1,859, 13.11%, see rank	13.82%	16.05%
5 or More Bedrooms	293, 2.07%, see rank	2.18%	4.22%

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

House Heating Fuel

	87107 Zip Code	New Mexico	U.S.
Total Housing Units	13,341, 100%	764,684	116,211,092
Utility Gas	11,523, 86.37%, see rank	66.93%	48.85%
Bottled, Tank, or LP Gas	152, 1.14%, see rank	8.60%	4.86%
Electricity	1,219, 9.14%, see rank	16.11%	36.68%
Fuel Oil, Kerosene, etc.	18, 0.13%, see rank	0.13%	5.86%
Coal or Coke	0, 0.00%, see rank	0.04%	0.12%
Wood	274, 2.05%, see rank	6.80%	2.12%
Solar Energy	52, 0.39%, see rank	0.26%	0.05%
Other Fuel	82, 0.61%, see rank	0.94%	0.47%
No Fuel Used	21, 0.16%, see rank	0.19%	1.00%

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

Gross Rent

Monthly Rental	87107 Zip Code	New Mexico	U.S.
Occupied Units Paying Rent	4,867, 100%	224,786	39,201,928
$199 or Less	89, 1.83%, see rank	1.92%	1.50%
$200 to $299	214, 4.40%, see rank	3.59%	3.18%
$300 to $499	408, 8.38%, see rank	11.64%	7.37%
$500 to $699	1,559, 32.03%, see rank	23.80%	16.01%
$700 to $999	1,891, 38.85%, see rank	31.60%	29.17%
$1,000 to $1,499	525, 10.79%, see rank	21.59%	26.88%
$1,500 to $1,999	134, 2.75%, see rank	4.42%	9.79%
$2,000 or More	47, 0.97%, see rank	1.44%	6.10%
Median	$718, see rank	$774	$920

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

Vehicle Available

	87107 Zip Code	New Mexico	U.S.
Occupied Housing Units	13,341, 100%	764,684	116,211,092
No Vehicles Available	880, 6.60%, see rank	5.73%	9.12%
1 Vehicles Available	5,555, 41.64%, see rank	33.48%	33.80%
2 Vehicles Available	4,349, 32.60%, see rank	37.82%	37.48%
3 or More Vehicles Available	2,557, 19.17%, see rank	22.97%	19.61%

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