Cities with the fastest growing home prices in Albuquerque metro area

Written by:
March 2, 2022
4 PM production // Shutterstock

Cities with the fastest growing home prices in Albuquerque metro area

It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and not other market has quite felt its impact like that of real estate.

The pandemic has become a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of housing that has prompted buyers and investors to bid up prices for affordable properties, causing home prices to skyrocket. The ability to work remotely played a role in the vacation home demand in mid-2020, as affluent Americans opted to ride out the pandemic with more amenities and space outside dense urban areas.

Stacker compiled a list of cities with the fastest-growing home prices in Albuquerque using data from Zillow. Cities are ranked by 1-year price change as of April 2022. The charts in this story were created automatically using Matplotlib. The typical home value in the United States increased over the last year by +20.9% to $334,141.

You may also like: Where people in Albuquerque are moving to most

1 / 28
Stacker

#28. Estancia, NM

- 1-year price change: +$11,070 (+8.4%)
- 5-year price change: +$42,876 (+42.9%)
- Typical home value: $142,812 (#27 most expensive city in metro)
2 / 28
Stacker

#27. Mountainair, NM

- 1-year price change: +$19,247 (+16.2%)
- 5-year price change: +$42,876 (data not available)
- Typical home value: $138,177 (#28 most expensive city in metro)
3 / 28
Stacker

#26. Moriarty, NM

- 1-year price change: +$19,844 (+15.0%)
- 5-year price change: +$46,041 (+43.4%)
- Typical home value: $152,094 (#26 most expensive city in metro)
4 / 28
Stacker

#25. Pena Blanca, NM

- 1-year price change: +$25,799 (+12.1%)
- 5-year price change: +$81,497 (+51.5%)
- Typical home value: $239,661 (#21 most expensive city in metro)
5 / 28
Stacker

#24. Belen, NM

- 1-year price change: +$34,356 (+24.8%)
- 5-year price change: +$70,324 (+68.6%)
- Typical home value: $172,776 (#25 most expensive city in metro)

You may also like: Highest-rated steakhouses in Albuquerque, according to Tripadvisor

6 / 28
Stacker

#23. Jarales, NM

- 1-year price change: +$38,056 (+23.5%)
- 5-year price change: +$78,556 (+64.6%)
- Typical home value: $200,139 (#24 most expensive city in metro)
7 / 28
Stacker

#22. South Valley, NM

- 1-year price change: +$42,385 (+20.9%)
- 5-year price change: +$102,465 (+71.7%)
- Typical home value: $245,293 (#20 most expensive city in metro)
8 / 28
Stacker

#21. Carnuel, NM

- 1-year price change: +$44,100 (+18.3%)
- 5-year price change: +$112,768 (+65.4%)
- Typical home value: $285,211 (#16 most expensive city in metro)
9 / 28
Stacker

#20. Ponderosa, NM

- 1-year price change: +$44,299 (+19.9%)
- 5-year price change: +$112,768 (data not available)
- Typical home value: $267,038 (#17 most expensive city in metro)
10 / 28
Stacker

#19. Cuba, NM

- 1-year price change: +$44,345 (+23.8%)
- 5-year price change: +$63,902 (+38.3%)
- Typical home value: $230,790 (#23 most expensive city in metro)

You may also like: Highest-rated seafood restaurants in Albuquerque, according to Tripadvisor

11 / 28
Stacker

#18. Los Lunas, NM

- 1-year price change: +$44,626 (+21.9%)
- 5-year price change: +$99,617 (+67.1%)
- Typical home value: $248,100 (#19 most expensive city in metro)
12 / 28
Stacker

#17. Jemez Pueblo, NM

- 1-year price change: +$45,731 (+15.8%)
- 5-year price change: +$99,617 (data not available)
- Typical home value: $334,593 (#10 most expensive city in metro)
13 / 28
Stacker

#16. Albuquerque, NM

- 1-year price change: +$49,672 (+19.5%)
- 5-year price change: +$112,796 (+58.8%)
- Typical home value: $304,631 (#13 most expensive city in metro)
14 / 28
Stacker

#15. Tijeras, NM

- 1-year price change: +$52,168 (+15.4%)
- 5-year price change: +$147,683 (+60.9%)
- Typical home value: $390,323 (#6 most expensive city in metro)
15 / 28
Stacker

#14. Peralta, NM

- 1-year price change: +$54,809 (+22.7%)
- 5-year price change: +$118,409 (+66.6%)
- Typical home value: $296,264 (#14 most expensive city in metro)

You may also like: Highest paying jobs that require a 2 year degree in Albuquerque

16 / 28
Stacker

#13. Bosque Farms, NM

- 1-year price change: +$55,455 (+19.6%)
- 5-year price change: +$125,492 (+59.1%)
- Typical home value: $337,849 (#9 most expensive city in metro)
17 / 28
Stacker

#12. Jemez Springs, NM

- 1-year price change: +$56,229 (+23.8%)
- 5-year price change: +$113,307 (+63.3%)
- Typical home value: $292,220 (#15 most expensive city in metro)
18 / 28
Stacker

#11. Algodones, NM

- 1-year price change: +$59,355 (+21.1%)
- 5-year price change: +$123,591 (+56.9%)
- Typical home value: $340,953 (#8 most expensive city in metro)
19 / 28
Stacker

#10. North Valley, NM

- 1-year price change: +$60,424 (+19.8%)
- 5-year price change: +$137,444 (+60.2%)
- Typical home value: $365,594 (#7 most expensive city in metro)
20 / 28
Stacker

#9. Cochiti Lake, NM

- 1-year price change: +$60,824 (+29.7%)
- 5-year price change: +$110,606 (+71.4%)
- Typical home value: $265,437 (#18 most expensive city in metro)

You may also like: Biggest sources of immigrants to Albuquerque

21 / 28
Stacker

#8. Sandia Park, NM

- 1-year price change: +$61,659 (+15.8%)
- 5-year price change: +$163,409 (+56.5%)
- Typical home value: $452,711 (#4 most expensive city in metro)
22 / 28
Stacker

#7. Rio Rancho, NM

- 1-year price change: +$62,898 (+25.3%)
- 5-year price change: +$129,795 (+71.3%)
- Typical home value: $311,905 (#12 most expensive city in metro)
23 / 28
Stacker

#6. Cedar Crest, NM

- 1-year price change: +$63,189 (+17.7%)
- 5-year price change: +$155,139 (+58.6%)
- Typical home value: $419,925 (#5 most expensive city in metro)
24 / 28
Stacker

#5. Bernalillo, NM

- 1-year price change: +$69,599 (+27.6%)
- 5-year price change: +$127,470 (+65.7%)
- Typical home value: $321,534 (#11 most expensive city in metro)
25 / 28
Stacker

#4. La Jara, NM

- 1-year price change: +$76,041 (+48.5%)
- 5-year price change: +$127,470 (data not available)
- Typical home value: $232,860 (#22 most expensive city in metro)

You may also like: Highest-rated Mexican restaurants in Albuquerque, according to Tripadvisor

26 / 28
Stacker

#3. Placitas, NM

- 1-year price change: +$83,226 (+15.9%)
- 5-year price change: +$221,356 (+57.6%)
- Typical home value: $605,572 (#3 most expensive city in metro)
27 / 28
Stacker

#2. Los Ranchos de Albuquerque, NM

- 1-year price change: +$100,295 (+19.4%)
- 5-year price change: +$199,690 (+48.0%)
- Typical home value: $615,981 (#2 most expensive city in metro)
28 / 28
Stacker

#1. Corrales, NM

- 1-year price change: +$105,693 (+20.1%)
- 5-year price change: +$234,198 (+59.0%)
- Typical home value: $631,007 (#1 most expensive city in metro)

Trending Now