Downtown Albuquerque, NM Housing Market

The Downtown Albuquerque housing market is somewhat competitive. The median sale price of a home in Downtown Albuquerque was $210K last month, down 46.0% since last year. The median sale price per square foot in Downtown Albuquerque is $183, down 35.3% since last year.

Trends
Demand
Schools
Climate
Transportation

Downtown Albuquerque Housing Market Trends

What is the housing market like in Downtown Albuquerque today?

$210K

Sale Price

-46.0%
since last year

$183

Sale $/Sq. Ft.

-35.3%
since last year

Under List Price

1.2%

Days on Market

Down Payment

—

Total Homes Sold

To compare other locations to the Downtown Albuquerque and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Albuquerque add value to a home.

How hot is the Downtown Albuquerque housing market?

Downtown Albuquerque is somewhat competitive. Homes sell in 17 days.

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 17 days.
Hot homes
can sell for about 2% above list price and go pending in around 11 days.

Compare With Nearby Neighborhoods

Northeast Albuquerque

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 30 days.
Hot homes
can sell for around list price and go pending in around 12 days.

Northwest Albuquerque

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 32 days.
Hot homes
can sell for around list price and go pending in around 15 days.

See more nearby cities and neighborhoods

View houses in Downtown Albuquerque that sold recently

Recently sold homes

SOLD AUG 16, 2024
$280,000
—beds
—baths
1,379 sq ft
423 Marble Ave NW, Albuquerque, NM 87102
List Price
—
Sale to List
—
Days on Market
—
423 Marble Ave NW, Albuquerque, NM 87102

Schools in Downtown Albuquerque

Learn about schools in the Downtown Albuquerque area

Elementary
Middle
High

GreatSchools Rating

5/10

Lew Wallace Elementary School

Public • K-5

200

Students

N/A

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Climate's impact on Downtown Albuquerque housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Downtown Albuquerque.

Flood Factor - Minor

98% of properties are at risk of severe flooding over the next 30 years

Heat Factor - Major

100% of properties are at major risk of heat over the next 30 years

Provided by First Street Foundation

Transportation in Downtown Albuquerque

Learn about the walkability, bikeability, and transit-friendliness of Downtown Albuquerque

84 / 100

Very Walkable

Walk Score®

53 / 100

Good Transit

Transit Score®

80 / 100

Very Bikeable

Bike Score®

More real estate resources for Downtown Albuquerque

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Downtown Albuquerque, NM Housing Market

Downtown Albuquerque Housing Market Trends

How hot is the Downtown Albuquerque housing market?

View houses in Downtown Albuquerque that sold recently

Recently sold homes

Schools in Downtown Albuquerque

GreatSchools Rating

Climate's impact on Downtown Albuquerque housing

Flood Factor - Minor

Flood Factor

Fire Factor - Moderate

Fire Factor

Wind Factor - Minimal

Wind Factor

Heat Factor - Major

Heat Factor

Transportation in Downtown Albuquerque

Walk Score®

Transit Score®

Bike Score®

More real estate resources for Downtown Albuquerque

Zip Code Housing Markets

City Housing Markets

Nearby Neighborhood Housing Markets

Zip Code Listings

City Listings

Nearby Neighborhood Listings

Rentals