2021 Housing Market Overview

Albuquerque Real Estate Market 2021

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Albuquerque Real Estate Market 2021 Overview

Metro Population: 918,018

Median Household Income:$59k

Unemployment Rate:8.9%

Median Home Price*:$219,000

Median Monthly Rent*:$1,180

Should You Buy Rental Property in the Albuquerque Real Estate Market in 2021?

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.

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Major Employers

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Property Teams

Property Team details can only be viewed in the Investor Portal, which can be accessed by RealWealth members who are logged in at Investor.RealWealth.com

Sample properties

Sample properties can only be viewed in the Investor Portal, which can be accessed by RealWealth members who are logged in at Investor.RealWealth.com.

Disclaimer: The information provided on this page is for educational purposes only. RealWealth makes no warranty or representation as to the accuracy, completeness or reliability of this information. Please be advised that this content may contain errors, is subject to revision at all times, and should not be relied upon for any purpose. Under no circumstances shall RealWealth be liable to you or anyone else for damage stemming from the use or misuse of this information.

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