7112 Pan American Fwy NE #151, Albuquerque, NM 87109 RED FOX REALTY Show $88,000 3 bds2 ba1,320 sqft - Home for sale Price cut: $500 (Oct 24) 1074 Mustang Trl SE, Albuquerque, NM 87123 COLDWELL BANKER LEGACY $95,000 3 bds2 ba1,152 sqft - Home for sale Price cut: $4,500 (Nov 25) 2800 Vail Ave SE UNIT 177, Albuquerque, NM 87106 NM HOME INVESTORS AND SALES $85,000 1 bd1 ba593 sqft - Condo for sale 36 days on Zillow 7112 Pan American Fwy NE #196, Albuquerque, NM 87109 $58,950 3 bds2 ba-- sqft - Home for sale 165 days on Zillow 7112 Pan American East Fwy NE UNIT 148, Albuquerque, NM 87109 $69,900 2 bds2 ba1,440 sqft - Home for sale 102 days on Zillow 7112 Pan American East Fwy NE UNIT 227, Albuquerque, NM 87109 $59,900 2 bds2 ba1,248 sqft - Home for sale 102 days on Zillow 7211 Quail Holw NE, Albuquerque, NM 87109 HELIX REAL ESTATE GROUP $79,500 3 bds2 ba1,680 sqft - Home for sale 15 days on Zillow 7112 Pan American East Fwy NE UNIT 335, Albuquerque, NM 87109 $45,000 2 bds1 ba840 sqft - Home for sale Price cut: $4,900 (Oct 13) Homes Available Soon Plan, Volcano Mesa D.R. Horton - Albuquerque $-- -- bds-- ba-- sqft - New construction Open: M: 12:00 PM-6:00 ...
5235-5303 Nambe Rd NE, Rio Rancho, NM 87144 DOUBLE EAGLE REAL ESTATE $30,000 1 acres lot - Lot / Land for sale 1 day on Zillow 2518 Topeka St SE, Albuquerque, NM 87102 EXP REALTY LLC $225,000 3 bds2 ba1,075 sqft - House for sale 1 day on Zillow Previous photoChevron LeftNext photoChevron Right Use arrow keys to navigateImage 1 of 286820 Vivian Dr NE, Albuquerque, NM 87109 REALTY ONE OF NEW MEXICO $299,000 3 bds2 ba1,671 sqft - House for sale 2 days on Zillow Previous photoChevron LeftNext photoChevron Right Use arrow keys to navigateImage 1 of 2012532 Singing Arrow Ave SE, Albuquerque, NM 87123 COLDWELL BANKER LEGACY $190,000 2 bds2 ba1,207 sqft - Townhouse for sale Three Dimensional 3D Tour Previous photoChevron LeftNext photoChevron Right Use arrow keys to navigateImage 1 of 401349 San Andres Ave NW, Albuquerque, NM 87107 KELLER WILLIAMS REALTY $289,900 2 bds2 ba1,000 sqft - House for sale Three Dimensional 3D Tour Previous photoChevron LeftNext photoChevron Right Use arrow keys to navigateImage 1 of 233948 Trailing Pl NW, Albuquerque, NM 87114 EXP REALTY LLC $349,900 3 bds2 ba1,643 sqft - House for sale 2 days on Zillow Previous photoChevron LeftNext photoChevron Right Use arrow keys to navigateImage 1 of 296427 Brenton Dr NW, Albuquerque, NM 87120 MADDOX MANAGEMENT, LLC $275,000 3 bds2 ba1,275 sqft - House for sale 1 day on Zillow Previous photoChevron LeftNext photoChevron Right Use arrow keys to navigateImage 1 of 368702 Black Stallion Rd SW, Albuquerque, NM 87121 COLDWELL BANKER LEGACY $250,000 3 bds2 ba1,368 sqft - House for sale 40 minutes ago 7612 Ramona Ave NW, Albuquerque, NM 87114 KELLER WILLIAMS REALTY $362,000 4 bds3 ba2,570 sqft - House for sale Three Dimensional 3D Tour Previous photoChevron LeftNext photoChevron Right Use arrow keys to navigateImage 1 of 29Is Albuquerque a cheap place to live?An Affordable Place to Live
A major perk of moving to the desert is the cost of living in Albuquerque, which is 4% lower than the national average. Albuquerque real estate is also affordable, with a median home price significantly below the U.S. average.
Are home prices dropping in Albuquerque?Albuquerque Housing Market Trends
What is the housing market like in Albuquerque today? In November 2022, Albuquerque home prices were up 6.0% compared to last year, selling for a median price of $300K. On average, homes in Albuquerque sell after 24 days on the market compared to 18 days last year.
Is New Mexico housing cheap?Compared to the national average of $1,650, New Mexico rent costs 24.2% less. Rent in Albuquerque is 72.16% lower than in New York. Housing costs are probably the biggest factor in the cost of living in New Mexico.
Is there a housing shortage in Albuquerque?“There is no doubt that Albuquerque is in a housing crisis. We know that over half the renters have seen a 30% increase in the amount of income they have to spend on rent. That is absolutely unsustainable,” said Mayor Tim Keller. Officials are also proposing reworking zoning to allow for the city to build more housing.
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