Local Data Search

 

Albuquerque Metro Area Housing

 

As of 2010-2014, median price of a house in Albuquerque Area is $177,100, which is higher than the state average of $159,300 and is about the same as the national average of $175,700. The median year that a house in Albuquerque Area was built is 1983, which is newer than the median year for a house built in the state which is 1981 and is newer than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 229,093 Owner Occupied Houses in Albuquerque Area, #168
Albuquerque Area
177,100 USD
New Mexico
159,300 USD
U.S.
175,700 USD
Median House Price Growth Since 2005-2009, see rank
Albuquerque Area
2.97%
New Mexico
47.36%
U.S.
46.91%

*The Albuquerque Area median house price growth rate is since 2005-2009. The New Mexico and U.S population growth rate is since 2000.
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

 Albuquerque AreaNew MexicoU.S.
Total Housing Units377,475, see rank, 100%907,233132,741,033
Occupied Housing Units344,168, 91.18%, see rank84.29%87.55%
Owner Occupied229,093, 60.69%, see rank57.46%56.34%
Renter Occupied115,075, 30.49%, see rank26.83%31.21%
Vacant Housing Units33,307, 8.82%, see rank15.71%12.45%
For Rent8,565, 2.27%, see rank2.38%2.34%
For Sale Only4,146, 1.10%, see rank1.36%1.20%
Rented or Sold, Not Occupied2,689, 0.71%, see rank0.84%0.92%
For Seasonal, Recreational, or Occasional Use6,071, 1.61%, see rank5.69%3.97%
For Migrant Workers183, 0.05%, see rank0.11%0.03%
Other Vacant11,653, 3.09%, see rank5.34%4.00%

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

Year Structure Built

Median Built Year, #161
Albuquerque AreaNew MexicoU.S.
198319811976

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

 Albuquerque Area%New MexicoU.S.
Owner-Occupied Units229,093100%521,27874,787,460
With a Mortgage156,43568.28%, see rank58.53%65.58%
Without a Mortgage72,65831.72%, see rank41.47%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
Albuquerque Area
1,332 USD
New Mexico
1,242 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsAlbuquerque Area%New MexicoU.S.
$299 or Less2720.17%, see rank0.22%0.20%
$300 to $4992,7201.74%, see rank2.56%1.59%
$500 to $6998,6545.53%, see rank8.36%5.01%
$700 to $99927,77917.76%, see rank20.68%14.32%
$1,000 to $1,49957,01036.44%, see rank34.20%27.90%
$1,500 to $1,99934,00821.74%, see rank18.89%20.35%
$2,000 to $2,99919,84012.68%, see rank11.36%19.52%
$3,000 or More6,1523.93%, see rank3.72%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Albuquerque Area
23.90% 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
 Albuquerque Area%New MexicoU.S.
10% or Less9,7866.26%, see rank7.26%5.86%
10% to 20%49,50731.65%, see rank32.85%31.95%
20% to 30%41,51426.54%, see rank25.70%27.64%
30% to 40%21,25913.59%, see rank12.87%13.74%
40% or More32,96921.08%, see rank20.48%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
Albuquerque Area
374 USD
New Mexico
324 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsAlbuquerque Area%New MexicoU.S.
$199 or Less8,17211.25%, see rank19.60%7.76%
$200 to $29914,85820.45%, see rank24.69%14.70%
$300 to $49931,76843.72%, see rank37.15%34.63%
$500 to $69912,39517.06%, see rank12.63%21.16%
$700 or More5,4657.52%, see rank5.93%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Albuquerque Area
10.00% 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
 Albuquerque Area%New MexicoU.S.
10% or Less35,87249.37%, see rank49.80%40.19%
10% to 20%20,23227.85%, see rank27.25%31.47%
20% to 30%6,9059.50%, see rank9.72%12.24%
30% to 40%3,3984.68%, see rank4.52%5.64%
40% or More4,9826.86%, see rank6.81%9.16%

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

Units in Structure

 Albuquerque AreaNew MexicoU.S.
Total Housing Units377,475, 100%907,233132,741,033
1-unit, Detached251,425, 66.61%, see rank64.81%61.65%
1-unit, Attached18,045, 4.78%, see rank3.71%5.82%
2 Units4,769, 1.26%, see rank1.92%3.75%
3 or 4 Units17,696, 4.69%, see rank3.65%4.43%
5 to 9 Units13,060, 3.46%, see rank2.72%4.78%
10 or More Units39,594, 10.49%, see rank6.53%13.08%
Mobile Home, Boat, RV, Van, etc.32,886, 8.71%, see rank16.67%6.49%

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

Rooms

 Albuquerque AreaNew MexicoU.S.
Total Housing Units377,475, 100%907,233132,741,033
1 Room7,759, 2.06%, see rank2.62%1.95%
2 Rooms7,712, 2.04%, see rank2.34%2.48%
3 Rooms30,069, 7.97%, see rank7.65%9.13%
4 Rooms60,603, 16.05%, see rank17.57%16.60%
5 Rooms84,233, 22.31%, see rank24.59%20.41%
6 Rooms75,507, 20.00%, see rank20.08%18.06%
7 Rooms53,440, 14.16%, see rank12.20%12.27%
8 Rooms29,823, 7.90%, see rank6.66%8.48%
9 Rooms or More28,329, 7.50%, see rank6.29%10.60%
Median Rooms5.50, see rank5.305.50

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

Bedrooms

 Albuquerque AreaNew MexicoU.S.
Total Housing Units377,475, 100%907,233132,741,033
No Bedroom8,663, 2.29%, see rank2.87%2.17%
1 Bedroom37,891, 10.04%, see rank9.24%11.16%
2 Bedrooms87,775, 23.25%, see rank25.66%26.69%
3 Bedrooms171,531, 45.44%, see rank46.23%39.70%
4 Bedrooms62,120, 16.46%, see rank13.82%16.05%
5 or More Bedrooms9,495, 2.52%, see rank2.18%4.22%

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

House Heating Fuel

 Albuquerque AreaNew MexicoU.S.
Total Housing Units344,168, 100%764,684116,211,092
Utility Gas273,255, 79.40%, see rank66.93%48.85%
Bottled, Tank, or LP Gas14,659, 4.26%, see rank8.60%4.86%
Electricity40,421, 11.74%, see rank16.11%36.68%
Fuel Oil, Kerosene, etc.309, 0.09%, see rank0.13%5.86%
Coal or Coke40, 0.01%, see rank0.04%0.12%
Wood11,660, 3.39%, see rank6.80%2.12%
Solar Energy581, 0.17%, see rank0.26%0.05%
Other Fuel2,754, 0.80%, see rank0.94%0.47%
No Fuel Used489, 0.14%, see rank0.19%1.00%

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

Gross Rent

Monthly RentalAlbuquerque AreaNew MexicoU.S.
Occupied Units Paying Rent110,144, 100%224,78639,201,928
$199 or Less1,295, 1.18%, see rank1.92%1.50%
$200 to $2992,588, 2.35%, see rank3.59%3.18%
$300 to $4999,274, 8.42%, see rank11.64%7.37%
$500 to $69926,216, 23.80%, see rank23.80%16.01%
$700 to $99936,447, 33.09%, see rank31.60%29.17%
$1,000 to $1,49927,218, 24.71%, see rank21.59%26.88%
$1,500 to $1,9995,435, 4.93%, see rank4.42%9.79%
$2,000 or More1,671, 1.52%, see rank1.44%6.10%
Median$811, see rank$774$920

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

Vehicle Available

 Albuquerque AreaNew MexicoU.S.
Occupied Housing Units344,168, 100%764,684116,211,092
No Vehicles Available19,779, 5.75%, see rank5.73%9.12%
1 Vehicles Available119,936, 34.85%, see rank33.48%33.80%
2 Vehicles Available131,258, 38.14%, see rank37.82%37.48%
3 or More Vehicles Available73,195, 21.27%, see rank22.97%19.61%

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


 
The USA.com website and domain are privately owned and are not operated by or affiliated with any government or municipal authority.
© 2024 World Media Group, LLC.