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The annual International Balloon Fiesta, the world's largest gathering of hot-air balloons, takes place here every October. Though the overall cost of living in Albuquerque is more than New Mexico’s average by 2.7%, it is still less than the national average by 8.9%. If you’re living in Albuquerque real estate, you’ll likely pay a little more for groceries, transportation, and housing, but less for healthcare and utilities. The median home cost in Albuquerque is 4.4% more than the state average, but still 12% less than the U.S. average. The median household income in Albuquerque is $53,936. As the heart of New Mexico, Albuquerque offers residents and visitors alike the thrills of a vibrant city rooted in a diverse culture.
About 60% of Albuquerque residents own their homes, the remainder renting. The majority of homes for sale in Albuquerque are one-story stucco-walled three-bedroom houses. These homes in Albuquerque real estate are set back a bit from the street, with lawns either of grass or pebbles, and a wide variety of trees in the yard or out back. It’s not unusual to drive down the street and see cottonwoods, junipers, and even palm trees growing in the yard. Compared to the national average, Albuquerque real estate is affordable with a median sold price of around $290K. Wondering what it’s like to live in Albuquerque, New Mexico?
Popular Communities in Albuquerque, New Mexico
You’ll find that Albuquerqueans are generally laid-back and spend their weekends either visiting art museums and galleries or exploring the deserts and mountains to be found all around the city. It’s easy to make friends here, as people are pretty open and ready to get to know you. The East Mountains include the communities of Tijeras, Cedar Crest, Sandia Park, and Paako. People particularly enjoy the higher altitude mountain air, Pinetrees, and proximity to Sandia Peak and the popular Ski area. Further East on I-40 is Edgewood NM with a much slower-pace and less populated.
Start your new home journey in Albuquerque with the Abrazo family today. As you search for an Albuquerque area home, you should also consider your lifestyle. For some people, commuting time to work is paramount; for others, it’s about having a community with parks for the kids and trails for walking and biking. If you love Golf being near a favorite local course may be important. An HOA or Homeowners Association is crucial for some home buyers and a resounding NO for others. Albuquerque has some of the country’s best biking paths, so living near a trailhead may be essential.
New Homes for Sale in Albuquerque
The families said they had received an outpouring of offers from the community to help repair the damages. Meanwhile, another westside neighborhood that’s known for its holiday decorations wasn’t safe either. In the surveillance video, you can see someone throwing a white Christmas tree to the ground and running off. – Westside families are trying not to let the work of vandals dampen the holiday spirit after their hard work decorating their homes was undone in seconds. Surveillance video shows three people running up to the Gomoll residence on Albuquerque’s westside Friday night and destroying their holiday decorations. - Come see this large 2 bedroom that has been remodeled!
Please contact us if you cannot properly experience this site. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all activity in the market. New construction homes for sale in Albuquerque, NM have a median listing home price of $325,000. There are 152 new construction homes for sale in Albuquerque, NM, which spend an average of 60 days on the market.
New East Mountain rumble strips hit streets
I-25 runs parallel to the east of the Rio Grande and I-40 intersects, which runs east and west, intersects with I-25 near the city center. Residents living in Albuquerque real estate have convenient access to healthcare as the city is a hub for New Mexico’s medical care. Albuquerque’s top hospital is the University of New Mexico Hospital, which also functions as a children’s hospital, and has a burn center, a level I trauma center for adults and children, and more.
Gated communities and security can be a lifestyle decision as well. The Downtown area has many converted buildings for loft type living. As you can see, lifestyle can play a big part in your overall selection. As you navigate our webpage, you will see many opportunities to search for lifestyle specific properties. When buying a home in Albuquerque, consider the brand new homes constructed by LGI Homes. Open-concept floor plans in the area range from three to five bedrooms, include upgrades you desire at no additional cost and are backed by our 10-year structural warranty.
How to buy a home in Albuquerque, NM
We are here to assist you, so please contact us; let’s have a no-hassle no-pressure conversation about your Albuquerque real estate goals. Albuquerque’s east side is dominated by the scenic foothills of the Sandia Mountains which are more or less everyone’s backyard. Homes in Eastside are great for anyone looking to hike on more than just the weekends. Other essential lifestyle considerations could be lot size allowing more outdoor living, gardening, and the like. Many neighborhoods restrict RV parking while other communities welcome them.
The bustling Old Town area offers entertainment throughout the year. Many folks love to work and shop in Albuquerque but prefer to live and raise their families a bit further away. Consider the three smaller towns South of Albuquerque, including Los Lunas, Bosque Farms, and Peralta.
John is extremely trustworthy, highly reliable, and is very dedicated to his clients. His easy-going manner belies a deeply hard-working professional. John was consistently attentive, thorough, and guiding in my purchase. His experience and ability to listen made my transaction as smooth as silk. The kind of guy you can rely on, lean on, and trust to act in your best interest. The Albuquerque Public Schools school district caters to over 90,000 students’ educational needs and is praised for its diversity.
Here you will find valuable information on Albuquerque, NM real estate and Rio Rancho, NM real estate for both buyers and sellers. Please freely browse and utilize our Albuquerque New Mexico public MLS to search for all Albuquerque and Rio Rancho homes for sale. Our high standard is always to provide superior service and honest representation.
Exceptional Custom Beauty situated in the highly desirable neighborhood of ... Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc.
He’s a dedicated, hard-working, and reliable realtor. "We have worked with John on several properties. His professionalism and insight was extremely helpful. I would highly recommend John and certainly use him in the future." The next thing John did was an amazing video of our home that dozens of our friends and family reviewed. Several of them admitted that after being in our home several times over the 22 years we owned it, John's video showed them unique things about our house they never noticed.
The Home Builders Association of Central New Mexico is proud to bring you the Fall 2022 Parade of Homes. The Parade showcases many of our area builders as they celebrate the home. We hope everyone who comes out over both weekends of the Fall 2022 Parade enjoys seeing the best that the Albuquerque home builders have to offer. The Parade serves to provide New Mexico with a renewed celebration of the great features and exciting new home projects that are available in the Albuquerque area. For the Fall 2022 Parade we’re excited to present several homes from some amazing home builders! To view the Fall 2022 homes, please click the button below.
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