Albuquerque, NM 87197 Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
County Demographics
County Economy
Albuquerque, NM — 87197
Median Listing Price
--
Population
--
Households
285,495
Median Days on Market
--
Active Listings
--
New Listings
--
Housing Market
Units & Occupancy
2024 Occupancy
303K
units
Occupied
285,495
94.3%
Vacant
17,251
5.7%
2024 Tenure
285K
occupied
Owner
184,254
64.5%
Renter
101,241
35.5%
Renter Share
35.5%
-0.8% YoY
Total Housing Units
302,746
+0.5% YoY
FY2026 Fair Market Rent — Bernalillo County
HUD government estimate (40th percentile) — not actual market asking rent.
Studio
$1,009
/month
1 BR
$1,185
/month
2 BR
$1,464
/month
3 BR
$2,036
/month
4 BR
$2,399
/month
FMR Trends — Bernalillo County
Source: HUD Fair Market Rents
County Demographics
Median Age
39.5
2024
Population
Bernalillo County Population
671,747
-0.1% YoY
Households
Total Households
285,495
+0.7% YoY
Household Types
--
Not reported for this area (ACS).
Avg Household Size
2.32
-0.9% YoY
Age
2024 Age Mix
674K
residents
Under 18
136,749
20.3%
Adults 18–64
413,961
61.4%
65 & Over
123,220
18.3%
Age Composition Over Time
2017–2024
Population growth (first year = 100)
Share of population (change in pp)
Under 18
Adults 18–64
65 & Over
Population Under 18
136,749
-1.8% YoY
Population 65 & Over
123,220
+2.8% YoY
Median Age
39.50
+0.5% YoY
Mobility & Veterans
2024 Residential Mobility
of residents
Same house
86.7%
Moved (within US)
12.8%
Other
0.5%
Veterans
8.0%
-1.2% YoY
County Economy
Income
Median Household Income
$69K
+4.4% YoY
Per-Capita Income
$41K
+3.7% YoY
Mean Household Income
$93K
+3.1% YoY
Poverty
Below Poverty Level
15.2%
-3.8% YoY
Transportation to Work
2024 Commute Mode
of workers
Drove alone
71.0%
Public transit
0.8%
Worked from home
14.9%
Other
13.3%
Worked From Home
14.9%
+16.4% YoY
Mean Commute
22.90
0.0% YoY
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