Albuquerque, NM Real Estate & Property Data

Albuquerque Real Estate Market Trends
Last Updated: April 27, 2024

Accurate and comprehensive real estate data is critical for insight into Albuquerque, NM. ATTOM’s Albuquerque real estate data is updated daily, and current market trends show that in Albuquerque, NM a total of 7,926 residential properties have sold over the past year. With a median home price of $321,522 in Albuquerque and a total of 59 foreclosures. Get detailed property data for Albuquerque, NM instantly. ATTOM is your one-stop-shop for the Albuquerque property reports and real estate data you need in Albuquerque, NM.

Albuquerque Real Estate Market Trends
Total Residential Properties 204,559
Total Commercial Properties 10,343
Avg. Home Age (Single Family Home) 45 Years
Avg. Square Feet (Single Family Home) 1,883
Total 2024 Residential Sales (year-to-date) 876
% of Homes Seriously Underwater (Q2 2024) 0.6%
Total 2023 Residential Sales 7,530
% of Equity Rich Homes (Q2 2024) 49.29%
Effective 2023 Property Tax 0.87%
Total Foreclosure Filings (year-to-date) 96
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Albuquerque, NM Real Estate Overview

There were 7,926 residential properties sold in the past year in Albuquerque, NM. The median home value in Albuquerque, NM is $323,750. There are a total of 204,559 residential properties in the Albuquerque.

Median Sales Price i
$321,522
(Feb 2024)
+3.9%
year-over-year
y-o-y
  • February '24 Feb '24 $321,522
  • January '24 Jan '24 $312,500
  • December '23 Dec '23 $310,000
  • November '23 Nov '23 $329,924
  • October '23 Oct '23 $320,512
  • September '23 Sep '23 $335,500
  • August '23 Aug '23 $340,431
  • July '23 Jul '23 $330,687
  • June '23 Jun '23 $331,013
  • May '23 May '23 $336,250
  • April '23 Apr '23 $336,900
  • March '23 Mar '23 $323,375
Median Down Payment i
$62,594
(Feb 2024)
+3.6%
year-over-year
y-o-y
  • February '24 Feb '24 $62,594
  • January '24 Jan '24 $61,625
  • December '23 Dec '23 $57,500
  • November '23 Nov '23 $67,688
  • October '23 Oct '23 $60,612
  • September '23 Sep '23 $65,000
  • August '23 Aug '23 $66,312
  • July '23 Jul '23 $65,107
  • June '23 Jun '23 $64,900
  • May '23 May '23 $65,000
  • April '23 Apr '23 $64,600
  • March '23 Mar '23 $62,990
Number of Homes Sold i
448
(Feb 2024)
-17.3%
year-over-year
y-o-y
  • February '24 Feb '24 448
  • January '24 Jan '24 428
  • December '23 Dec '23 556
  • November '23 Nov '23 547
  • October '23 Oct '23 640
  • September '23 Sep '23 639
  • August '23 Aug '23 741
  • July '23 Jul '23 695
  • June '23 Jun '23 681
  • May '23 May '23 692
  • April '23 Apr '23 635
  • March '23 Mar '23 682
Number of Purchase Loans i
451
(Feb 2024)
-3%
year-over-year
y-o-y
  • February '24 Feb '24 451
  • January '24 Jan '24 393
  • December '23 Dec '23 444
  • November '23 Nov '23 445
  • October '23 Oct '23 545
  • September '23 Sep '23 540
  • August '23 Aug '23 598
  • July '23 Jul '23 571
  • June '23 Jun '23 639
  • May '23 May '23 596
  • April '23 Apr '23 530
  • March '23 Mar '23 591
Number of REFI Loans i
412
(Feb 2024)
+64.1%
year-over-year
y-o-y
  • February '24 Feb '24 412
  • January '24 Jan '24 325
  • December '23 Dec '23 310
  • November '23 Nov '23 343
  • October '23 Oct '23 359
  • September '23 Sep '23 326
  • August '23 Aug '23 382
  • July '23 Jul '23 323
  • June '23 Jun '23 369
  • May '23 May '23 327
  • April '23 Apr '23 287
  • March '23 Mar '23 351
Number of HELOC Loans i
142
(Feb 2024)
+22.4%
year-over-year
y-o-y
  • February '24 Feb '24 142
  • January '24 Jan '24 128
  • December '23 Dec '23 130
  • November '23 Nov '23 179
  • October '23 Oct '23 148
  • September '23 Sep '23 159
  • August '23 Aug '23 219
  • July '23 Jul '23 158
  • June '23 Jun '23 166
  • May '23 May '23 194
  • April '23 Apr '23 146
  • March '23 Mar '23 176

Albuquerque, NM Real Estate Market Overview

Last 30 days
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value

Albuquerque, NM Foreclosure Activity

There were a total of 59 Albuquerque, NM properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 53 Albuquerque, NM properties and repossessed 4 Albuquerque, NM properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
59
(Feb 2024)
-37.2%
year-over-year
y-o-y
  • February '24 Feb '24 59
  • January '24 Jan '24 37
  • December '23 Dec '23 42
  • November '23 Nov '23 42
  • October '23 Oct '23 42
  • September '23 Sep '23 120
  • August '23 Aug '23 43
  • July '23 Jul '23 63
  • June '23 Jun '23 71
  • May '23 May '23 55
  • April '23 Apr '23 90
  • March '23 Mar '23 72
Foreclosure Starts i
53
(Feb 2024)
-32.9%
year-over-year
y-o-y
  • February '24 Feb '24 53
  • January '24 Jan '24 27
  • December '23 Dec '23 29
  • November '23 Nov '23 29
  • October '23 Oct '23 31
  • September '23 Sep '23 108
  • August '23 Aug '23 26
  • July '23 Jul '23 51
  • June '23 Jun '23 56
  • May '23 May '23 28
  • April '23 Apr '23 71
  • March '23 Mar '23 49
Completed Foreclosures (REOs) i
4
(Feb 2024)
-33.3%
year-over-year
y-o-y
  • February '24 Feb '24 4
  • January '24 Jan '24 5
  • December '23 Dec '23 5
  • November '23 Nov '23 3
  • October '23 Oct '23 5
  • September '23 Sep '23 6
  • August '23 Aug '23 7
  • July '23 Jul '23 10
  • June '23 Jun '23 3
  • May '23 May '23 11
  • April '23 Apr '23 7
  • March '23 Mar '23 12
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