2021 Housing Market Overview
Albuquerque Real Estate Market 2021
Albuquerque Real Estate Market 2021 Overview
Metro Population: 918,018
Median Household Income:$59k
Median Home Price*:$219,000
Median Monthly Rent*:$1,180
Interested in investing in the Albuquerque real estate market in 2021? On this page you’ll learn about housing market trends and statistics to help you make that decision.
About the Albuquerque Housing Market in 2021
Located in the middle of the Rio Grande valley, Albuquerque is the most populous city in the state of New Mexico and the 32nd-most populous city in the United States.
Albuquerque is a culturally rich and naturally beautiful metropolitan area. It’s home to most notably, the University of New Mexico, along with 10 other educational institutions. Albuquerque’s elevation of 5,326 feet is the highest metropolitan in the entire nation.
At the center of New Mexico’s “Technology Corridor,” Albuquerque has a concentration of high-tech private companies and government institutions. It is also home to Intel, Sandia National Laboratories, Kirtland Air Force Base.
In 2018, Netflix moved its U.S. production hub to the Albuquerque area. As of November 2020, Netflix plans to expand its production site by 300 acres and agrees to spend more than $1 billion over the next decade. This expansion by Netflix is expected to produce roughly 1,000 more jobs in the coming years.
With one foot in the past, one foot in the present and both eyes on the future, Albuquerque is a fascinating place to visit and an even better place to call home.
Albuquerque Housing Market Trends 2021
Albuquerque Housing Market Trends & Statistics 2021In this section, you’ll learn about the top factors that make the Albuquerque real estate market one of the most popular for 2021, including: affordable home values, passive income, and a quickly growing job market. Explore Albuquerque’s housing market, population, and employment trends in the tabs to learn more.
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