USA.com / New Mexico / Bernalillo County / Albuquerque, NM / 87112 / Housing

87112 Zip Code Housing

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As of 2010-2014, median price of a house in 87112 Zip Code is $174,900, which is higher than the state average of $159,300 and is about the same as the national average of $175,700. The 87112 Zip Code median house value has grown by 47.97% since 2000. The growth rate for the price of a house in 87112 Zip Code is about the same as the state average rate of 47.36% and is about the same as the national average rate of 46.91%. The median year that a house in 87112 Zip Code was built is 1971, 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 11,302 Owner Occupied Houses in 87112 Zip Code, see rank

87112 Zip Code	174,900 USD
New Mexico	159,300 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, see rank

87112 Zip Code	47.97%
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

	87112 Zip Code	New Mexico	U.S.
Total Housing Units	20,194, see rank, 100%	907,233	132,741,033
Occupied Housing Units	18,652, 92.36%, see rank	84.29%	87.55%
Owner Occupied	11,302, 55.97%, see rank	57.46%	56.34%
Renter Occupied	7,350, 36.40%, see rank	26.83%	31.21%
Vacant Housing Units	1,542, 7.64%, see rank	15.71%	12.45%
For Rent	382, 1.89%, see rank	2.38%	2.34%
For Sale Only	250, 1.24%, see rank	1.36%	1.20%
Rented or Sold, Not Occupied	180, 0.89%, see rank	0.84%	0.92%
For Seasonal, Recreational, or Occasional Use	140, 0.69%, see rank	5.69%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.11%	0.03%
Other Vacant	590, 2.92%, see rank	5.34%	4.00%

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

Year Structure Built

Median Built Year, #256

87112 Zip Code	New Mexico	U.S.
1971	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

	87112 Zip Code	%	New Mexico	U.S.
Owner-Occupied Units	11,302	100%	521,278	74,787,460
With a Mortgage	7,792	68.94%, see rank	58.53%	65.58%
Without a Mortgage	3,510	31.06%, 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

87112 Zip Code	1,316 USD
New Mexico	1,242 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	87112 Zip Code	%	New Mexico	U.S.
$299 or Less	13	0.17%, see rank	0.22%	0.20%
$300 to $499	139	1.78%, see rank	2.56%	1.59%
$500 to $699	246	3.16%, see rank	8.36%	5.01%
$700 to $999	1,456	18.69%, see rank	20.68%	14.32%
$1,000 to $1,499	3,250	41.71%, see rank	34.20%	27.90%
$1,500 to $1,999	1,795	23.04%, see rank	18.89%	20.35%
$2,000 to $2,999	860	11.04%, see rank	11.36%	19.52%
$3,000 or More	33	0.42%, see rank	3.72%	11.12%

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

87112 Zip Code	23.50% 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

	87112 Zip Code	%	New Mexico	U.S.
10% or Less	481	6.17%, see rank	7.26%	5.86%
10% to 20%	2,576	33.06%, see rank	32.85%	31.95%
20% to 30%	1,970	25.28%, see rank	25.70%	27.64%
30% to 40%	1,192	15.30%, see rank	12.87%	13.74%
40% or More	1,533	19.67%, 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

87112 Zip Code	385 USD
New Mexico	324 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	87112 Zip Code	%	New Mexico	U.S.
$199 or Less	149	4.25%, see rank	19.60%	7.76%
$200 to $299	712	20.28%, see rank	24.69%	14.70%
$300 to $499	2,013	57.35%, see rank	37.15%	34.63%
$500 to $699	485	13.82%, see rank	12.63%	21.16%
$700 or More	151	4.30%, see rank	5.93%	21.75%

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

87112 Zip Code	10.40% 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

	87112 Zip Code	%	New Mexico	U.S.
10% or Less	1,703	48.52%, see rank	49.80%	40.19%
10% to 20%	1,048	29.86%, see rank	27.25%	31.47%
20% to 30%	244	6.95%, see rank	9.72%	12.24%
30% to 40%	195	5.56%, see rank	4.52%	5.64%
40% or More	320	9.12%, 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

	87112 Zip Code	New Mexico	U.S.
Total Housing Units	20,194, 100%	907,233	132,741,033
1-unit, Detached	13,620, 67.45%, see rank	64.81%	61.65%
1-unit, Attached	949, 4.70%, see rank	3.71%	5.82%
2 Units	119, 0.59%, see rank	1.92%	3.75%
3 or 4 Units	1,991, 9.86%, see rank	3.65%	4.43%
5 to 9 Units	877, 4.34%, see rank	2.72%	4.78%
10 or More Units	2,530, 12.53%, see rank	6.53%	13.08%
Mobile Home, Boat, RV, Van, etc.	108, 0.53%, see rank	16.67%	6.49%

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

Rooms

	87112 Zip Code	New Mexico	U.S.
Total Housing Units	20,194, 100%	907,233	132,741,033
1 Room	137, 0.68%, see rank	2.62%	1.95%
2 Rooms	222, 1.10%, see rank	2.34%	2.48%
3 Rooms	1,730, 8.57%, see rank	7.65%	9.13%
4 Rooms	3,211, 15.90%, see rank	17.57%	16.60%
5 Rooms	3,763, 18.63%, see rank	24.59%	20.41%
6 Rooms	4,864, 24.09%, see rank	20.08%	18.06%
7 Rooms	2,963, 14.67%, see rank	12.20%	12.27%
8 Rooms	1,785, 8.84%, see rank	6.66%	8.48%
9 Rooms or More	1,519, 7.52%, see rank	6.29%	10.60%
Median Rooms	5.70, see rank	5.30	5.50

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

Bedrooms

	87112 Zip Code	New Mexico	U.S.
Total Housing Units	20,194, 100%	907,233	132,741,033
No Bedroom	137, 0.68%, see rank	2.87%	2.17%
1 Bedroom	2,156, 10.68%, see rank	9.24%	11.16%
2 Bedrooms	4,488, 22.22%, see rank	25.66%	26.69%
3 Bedrooms	9,657, 47.82%, see rank	46.23%	39.70%
4 Bedrooms	3,282, 16.25%, see rank	13.82%	16.05%
5 or More Bedrooms	474, 2.35%, see rank	2.18%	4.22%

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

House Heating Fuel

	87112 Zip Code	New Mexico	U.S.
Total Housing Units	18,652, 100%	764,684	116,211,092
Utility Gas	15,970, 85.62%, see rank	66.93%	48.85%
Bottled, Tank, or LP Gas	112, 0.60%, see rank	8.60%	4.86%
Electricity	2,417, 12.96%, see rank	16.11%	36.68%
Fuel Oil, Kerosene, etc.	5, 0.03%, see rank	0.13%	5.86%
Coal or Coke	0, 0.00%, see rank	0.04%	0.12%
Wood	94, 0.50%, see rank	6.80%	2.12%
Solar Energy	0, 0.00%, see rank	0.26%	0.05%
Other Fuel	54, 0.29%, see rank	0.94%	0.47%
No Fuel Used	0, 0.00%, see rank	0.19%	1.00%

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

Gross Rent

Monthly Rental	87112 Zip Code	New Mexico	U.S.
Occupied Units Paying Rent	7,066, 100%	224,786	39,201,928
$199 or Less	13, 0.18%, see rank	1.92%	1.50%
$200 to $299	132, 1.87%, see rank	3.59%	3.18%
$300 to $499	423, 5.99%, see rank	11.64%	7.37%
$500 to $699	2,078, 29.41%, see rank	23.80%	16.01%
$700 to $999	2,643, 37.40%, see rank	31.60%	29.17%
$1,000 to $1,499	1,605, 22.71%, see rank	21.59%	26.88%
$1,500 to $1,999	172, 2.43%, see rank	4.42%	9.79%
$2,000 or More	0, 0.00%, see rank	1.44%	6.10%
Median	$762, see rank	$774	$920

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

Vehicle Available

	87112 Zip Code	New Mexico	U.S.
Occupied Housing Units	18,652, 100%	764,684	116,211,092
No Vehicles Available	1,277, 6.85%, see rank	5.73%	9.12%
1 Vehicles Available	7,425, 39.81%, see rank	33.48%	33.80%
2 Vehicles Available	6,389, 34.25%, see rank	37.82%	37.48%
3 or More Vehicles Available	3,561, 19.09%, see rank	22.97%	19.61%

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