Albuquerque, NM Housing
As of 2010-2014, median price of a house in Albuquerque is $185,100, which is higher than the state average of $159,300 and is higher than the national average of $175,700. The Albuquerque median house value has grown by 45.06% since 2000. The growth rate for the price of a house in Albuquerque is lower than 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 Albuquerque was built is 1980, which is about the same as 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.
House Value
Median Value of a Total of 132,144 Owner Occupied Houses in Albuquerque, NM, #73Albuquerque, NM | 185,100 USD |
New Mexico | 159,300 USD |
U.S. | 175,700 USD |
Albuquerque, NM | 45.06% |
New Mexico | 47.36% |
U.S. | 46.91% |
*Based on 2010-2014 data. View historical house value data.
Housing Occupancy
Albuquerque, NM | New Mexico | U.S. | |
Total Housing Units | 240,961, see rank, 100% | 907,233 | 132,741,033 |
Occupied Housing Units | 222,868, 92.49%, see rank | 84.29% | 87.55% |
Owner Occupied | 132,144, 54.84%, see rank | 57.46% | 56.34% |
Renter Occupied | 90,724, 37.65%, see rank | 26.83% | 31.21% |
Vacant Housing Units | 18,093, 7.51%, see rank | 15.71% | 12.45% |
For Rent | 7,026, 2.92%, see rank | 2.38% | 2.34% |
For Sale Only | 2,005, 0.83%, see rank | 1.36% | 1.20% |
Rented or Sold, Not Occupied | 1,823, 0.76%, see rank | 0.84% | 0.92% |
For Seasonal, Recreational, or Occasional Use | 1,947, 0.81%, see rank | 5.69% | 3.97% |
For Migrant Workers | 118, 0.05%, see rank | 0.11% | 0.03% |
Other Vacant | 5,174, 2.15%, see rank | 5.34% | 4.00% |
*Based on 2010-2014 data. View historical housing occupancy data.
Year Structure Built
Median Built Year, #186Albuquerque, NM | New Mexico | U.S. |
1980 | 1981 | 1976 |
*Based on 2010-2014 data. View historical year structure built data.
Mortgage Status
Albuquerque, NM | % | New Mexico | U.S. | |
Owner-Occupied Units | 132,144 | 100% | 521,278 | 74,787,460 |
With a Mortgage | 93,557 | 70.80%, see rank | 58.53% | 65.58% |
Without a Mortgage | 38,587 | 29.20%, 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
Albuquerque, NM | 1,356 USD |
New Mexico | 1,242 USD |
U.S. | 1,522 USD |
Owner Costs Distribution
Monthly Owner Costs | Albuquerque, NM | % | New Mexico | U.S. |
$299 or Less | 171 | 0.18%, see rank | 0.22% | 0.20% |
$300 to $499 | 1,336 | 1.43%, see rank | 2.56% | 1.59% |
$500 to $699 | 4,073 | 4.35%, see rank | 8.36% | 5.01% |
$700 to $999 | 15,278 | 16.33%, see rank | 20.68% | 14.32% |
$1,000 to $1,499 | 36,578 | 39.10%, see rank | 34.20% | 27.90% |
$1,500 to $1,999 | 22,021 | 23.54%, see rank | 18.89% | 20.35% |
$2,000 to $2,999 | 11,459 | 12.25%, see rank | 11.36% | 19.52% |
$3,000 or More | 2,641 | 2.82%, see rank | 3.72% | 11.12% |
Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Albuquerque, NM | 23.40% 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, NM | % | New Mexico | U.S. | |
10% or Less | 5,624 | 6.01%, see rank | 7.26% | 5.86% |
10% to 20% | 30,884 | 33.01%, see rank | 32.85% | 31.95% |
20% to 30% | 25,269 | 27.01%, see rank | 25.70% | 27.64% |
30% to 40% | 12,340 | 13.19%, see rank | 12.87% | 13.74% |
40% or More | 18,827 | 20.12%, 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
Albuquerque, NM | 397 USD |
New Mexico | 324 USD |
U.S. | 457 USD |
Owner Costs Distribution
Monthly Owner Costs | Albuquerque, NM | % | New Mexico | U.S. |
$199 or Less | 2,631 | 6.82%, see rank | 19.60% | 7.76% |
$200 to $299 | 7,111 | 18.43%, see rank | 24.69% | 14.70% |
$300 to $499 | 18,418 | 47.73%, see rank | 37.15% | 34.63% |
$500 to $699 | 7,341 | 19.02%, see rank | 12.63% | 21.16% |
$700 or More | 3,086 | 8.00%, see rank | 5.93% | 21.75% |
Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Albuquerque, NM | 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, NM | % | New Mexico | U.S. | |
10% or Less | 19,012 | 49.27%, see rank | 49.80% | 40.19% |
10% to 20% | 10,894 | 28.23%, see rank | 27.25% | 31.47% |
20% to 30% | 3,501 | 9.07%, see rank | 9.72% | 12.24% |
30% to 40% | 1,972 | 5.11%, see rank | 4.52% | 5.64% |
40% or More | 2,681 | 6.95%, 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
Albuquerque, NM | New Mexico | U.S. | |
Total Housing Units | 240,961, 100% | 907,233 | 132,741,033 |
1-unit, Detached | 149,124, 61.89%, see rank | 64.81% | 61.65% |
1-unit, Attached | 13,848, 5.75%, see rank | 3.71% | 5.82% |
2 Units | 3,974, 1.65%, see rank | 1.92% | 3.75% |
3 or 4 Units | 15,354, 6.37%, see rank | 3.65% | 4.43% |
5 to 9 Units | 12,013, 4.99%, see rank | 2.72% | 4.78% |
10 or More Units | 37,280, 15.47%, see rank | 6.53% | 13.08% |
Mobile Home, Boat, RV, Van, etc. | 9,368, 3.89%, see rank | 16.67% | 6.49% |
*Based on 2010-2014 data. View historical units in structure data.
Rooms
Albuquerque, NM | New Mexico | U.S. | |
Total Housing Units | 240,961, 100% | 907,233 | 132,741,033 |
1 Room | 6,239, 2.59%, see rank | 2.62% | 1.95% |
2 Rooms | 5,817, 2.41%, see rank | 2.34% | 2.48% |
3 Rooms | 24,592, 10.21%, see rank | 7.65% | 9.13% |
4 Rooms | 42,042, 17.45%, see rank | 17.57% | 16.60% |
5 Rooms | 50,070, 20.78%, see rank | 24.59% | 20.41% |
6 Rooms | 45,797, 19.01%, see rank | 20.08% | 18.06% |
7 Rooms | 32,013, 13.29%, see rank | 12.20% | 12.27% |
8 Rooms | 17,487, 7.26%, see rank | 6.66% | 8.48% |
9 Rooms or More | 16,904, 7.02%, 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
Albuquerque, NM | New Mexico | U.S. | |
Total Housing Units | 240,961, 100% | 907,233 | 132,741,033 |
No Bedroom | 6,891, 2.86%, see rank | 2.87% | 2.17% |
1 Bedroom | 31,525, 13.08%, see rank | 9.24% | 11.16% |
2 Bedrooms | 60,622, 25.16%, see rank | 25.66% | 26.69% |
3 Bedrooms | 99,420, 41.26%, see rank | 46.23% | 39.70% |
4 Bedrooms | 37,312, 15.48%, see rank | 13.82% | 16.05% |
5 or More Bedrooms | 5,191, 2.15%, see rank | 2.18% | 4.22% |
*Based on 2010-2014 data. View historical bedrooms data.
House Heating Fuel
Albuquerque, NM | New Mexico | U.S. | |
Total Housing Units | 222,868, 100% | 764,684 | 116,211,092 |
Utility Gas | 188,065, 84.38%, see rank | 66.93% | 48.85% |
Bottled, Tank, or LP Gas | 1,942, 0.87%, see rank | 8.60% | 4.86% |
Electricity | 30,296, 13.59%, see rank | 16.11% | 36.68% |
Fuel Oil, Kerosene, etc. | 71, 0.03%, see rank | 0.13% | 5.86% |
Coal or Coke | 16, 0.01%, see rank | 0.04% | 0.12% |
Wood | 1,679, 0.75%, see rank | 6.80% | 2.12% |
Solar Energy | 95, 0.04%, see rank | 0.26% | 0.05% |
Other Fuel | 409, 0.18%, see rank | 0.94% | 0.47% |
No Fuel Used | 295, 0.13%, see rank | 0.19% | 1.00% |
*Based on 2010-2014 data. View historical house heating fuel data.
Gross Rent
Monthly Rental | Albuquerque, NM | New Mexico | U.S. |
Occupied Units Paying Rent | 88,035, 100% | 224,786 | 39,201,928 |
$199 or Less | 1,168, 1.33%, see rank | 1.92% | 1.50% |
$200 to $299 | 2,163, 2.46%, see rank | 3.59% | 3.18% |
$300 to $499 | 7,088, 8.05%, see rank | 11.64% | 7.37% |
$500 to $699 | 22,289, 25.32%, see rank | 23.80% | 16.01% |
$700 to $999 | 29,117, 33.07%, see rank | 31.60% | 29.17% |
$1,000 to $1,499 | 21,154, 24.03%, see rank | 21.59% | 26.88% |
$1,500 to $1,999 | 4,012, 4.56%, see rank | 4.42% | 9.79% |
$2,000 or More | 1,044, 1.19%, see rank | 1.44% | 6.10% |
Median | $798, see rank | $774 | $920 |
*Based on 2010-2014 data. View historical gross rent data.
Vehicle Available
Albuquerque, NM | New Mexico | U.S. | |
Occupied Housing Units | 222,868, 100% | 764,684 | 116,211,092 |
No Vehicles Available | 15,420, 6.92%, see rank | 5.73% | 9.12% |
1 Vehicles Available | 86,550, 38.83%, see rank | 33.48% | 33.80% |
2 Vehicles Available | 82,832, 37.17%, see rank | 37.82% | 37.48% |
3 or More Vehicles Available | 38,066, 17.08%, see rank | 22.97% | 19.61% |
*Based on 2010-2014 data. View historical vehicle available data.