Albuquerque, NM Real Estate Prices per Square Foot

Buy prices, rent prices, historical development and submitted values for Albuquerque, NM.

Average buy price
$216.00 / sqft

Typical residential purchase price per square foot.

Average rent
$1.68 / sqft / month

Monthly rent per square foot.

Median home price
$354,788

Estimated median residential sale price.

Median monthly rent
$1,282

Estimated median rent for the city.

Historical price development

Buy price development

Buy prices have increased by about 8.7% over the last 5 years.

Rent price development

Rent prices have increased by about 5.6% over the last 5 years.

Submitted values in Albuquerque

This table includes recent submitted values and individual historical comparable values, so the local price development is easier to compare.

Date Type Property Price / sqft Size Total Area
2026-07-04 Buy single-family home $205.00 / sqft 2,240 sqft $459,200 Taylor Ranch 87120
2026-07-03 Rent townhouse $1.42 / sqft 1,430 sqft $2,025 Taylor Ranch 87120
2026-07-03 Buy single-family home $238.00 / sqft 1,680 sqft $399,840 Ridgecrest 87108
2026-07-02 Buy luxury single-family home $360.00 / sqft 4,100 sqft $1,476,000 Sandia Heights 87122
2026-07-02 Rent apartment $2.05 / sqft 650 sqft $1,330 Nob Hill 87108
2026-06-29 Rent single-family home $1.42 / sqft 1,660 sqft $2,350 Ridgecrest 87108
2026-06-27 Buy single-family home $180.00 / sqft 2,145 sqft $386,100 Paradise Hills 87114
2026-06-27 Rent luxury apartment $2.08 / sqft 1,180 sqft $2,450 Nob Hill 87108
2026-06-22 Buy townhouse $198.00 / sqft 1,540 sqft $304,920 Westside 87114
2026-06-19 Buy single-family home $225.00 / sqft 2,475 sqft $556,875 North Domingo Baca 87113
2026-06-16 Rent apartment $1.73 / sqft 735 sqft $1,275 Uptown 87110
2026-06-14 Rent condo $2.12 / sqft 990 sqft $2,100 Old Town 87104
2026-06-14 Buy luxury single-family home $335.00 / sqft 3,560 sqft $1,192,600 High Desert 87122
2026-06-13 Rent single-family home $1.18 / sqft 2,250 sqft $2,650 Ventana Ranch 87114
2026-06-12 Buy multi-family home $205.00 / sqft 2,860 sqft $586,300 Huning Highland 87102
2026-06-09 Buy single-family home $245.00 / sqft 3,120 sqft $764,400 Four Hills 87123
2026-06-06 Rent apartment $1.61 / sqft 575 sqft $925 Barelas 87102
2026-06-05 Buy townhouse $290.00 / sqft 1,190 sqft $345,100 Old Town 87104
2026-06-03 Rent luxury apartment $2.09 / sqft 1,055 sqft $2,200 North Domingo Baca 87113
2026-05-25 Rent duplex $1.27 / sqft 1,020 sqft $1,300 South Valley 87105
2026-05-23 Buy condo $218.00 / sqft 1,050 sqft $228,900 Uptown 87110
2026-05-22 Rent duplex $1.44 / sqft 1,215 sqft $1,750 Huning Highland 87102
2026-05-20 Buy single-family home $155.00 / sqft 1,280 sqft $198,400 South Valley 87105
2026-05-15 Rent luxury apartment $1.97 / sqft 940 sqft $1,850 Uptown 87110
2026-05-14 Rent townhouse $1.52 / sqft 1,280 sqft $1,950 Northeast Heights 87111
2026-05-13 Rent townhouse $1.43 / sqft 1,325 sqft $1,900 Wells Park 87102
2026-05-13 Rent apartment $1.33 / sqft 640 sqft $850 International District 87108
2026-05-12 Rent condo $2.14 / sqft 875 sqft $1,875 Sawmill 87104
2026-05-12 Buy single-family home $275.00 / sqft 2,600 sqft $715,000 North Valley 87107
2026-05-11 Buy single-family home $190.00 / sqft 2,380 sqft $452,200 Ventana Ranch 87114
2026-05-11 Rent single-family home $1.48 / sqft 2,100 sqft $3,100 North Valley 87107
2026-05-10 Buy duplex $172.00 / sqft 1,740 sqft $299,280 Barelas 87102
2026-05-09 Buy loft $310.00 / sqft 920 sqft $285,200 Sawmill 87104
2026-05-08 Buy duplex $185.00 / sqft 2,100 sqft $388,500 Wells Park 87102
2026-05-08 Rent apartment $1.99 / sqft 450 sqft $895 Downtown 87102
2026-05-05 Rent single-family home $1.50 / sqft 2,400 sqft $3,600 High Desert 87122
2026-05-02 Buy condo $150.00 / sqft 690 sqft $103,500 International District 87108
2026-05-01 Buy condo $285.00 / sqft 780 sqft $222,300 Downtown 87102
2026-04-29 Rent apartment $1.82 / sqft 710 sqft $1,295 UNM Area 87106
2026-04-28 Rent loft $2.16 / sqft 520 sqft $1,125 Downtown 87102
2026-04-24 Buy single-family home $202.00 / sqft 1,510 sqft $305,020 Siesta Hills 87108
2026-04-24 Buy townhouse $215.00 / sqft 1,365 sqft $293,475 Academy Acres 87109
2026-04-17 Buy luxury single-family home $330.00 / sqft 4,450 sqft $1,468,500 Tanoan 87111
2026-04-17 Buy condo $245.00 / sqft 840 sqft $205,800 UNM Area 87106
2026-04-15 Rent single-family home $1.15 / sqft 1,950 sqft $2,250 Paradise Hills 87114
2026-04-14 Rent single-family home $1.30 / sqft 1,850 sqft $2,400 Westside 87114
2026-04-13 Rent condo $1.52 / sqft 1,150 sqft $1,750 Four Hills 87123
2026-04-12 Rent apartment $1.68 / sqft 800 sqft $1,345 Academy Acres 87109
2026-04-12 Buy single-family home $255.00 / sqft 1,420 sqft $362,100 Nob Hill 87108
2026-04-08 Buy single-family home $230.00 / sqft 1,985 sqft $456,550 Northeast Heights 87111
2025-11-09 Rent apartment $1.71 / sqft / month 790 sqft $1,351 Nob Hill 87108
2025-03-27 Buy condo $224.00 / sqft 1,080 sqft $241,920 Uptown 87110
2024-07-18 Rent townhouse $1.58 / sqft / month 1,480 sqft $2,338 Taylor Ranch 87120
2024-02-06 Buy single-family home $241.00 / sqft 2,680 sqft $645,880 North Valley 87107
2023-08-22 Rent luxury apartment $2.05 / sqft / month 1,030 sqft $2,112 Uptown 87110
2023-04-13 Buy loft $286.00 / sqft 910 sqft $260,260 Sawmill 87104
2022-12-10 Rent single-family home $1.43 / sqft / month 2,200 sqft $3,146 Ventana Ranch 87114
2022-05-05 Buy single-family home $226.00 / sqft 1,605 sqft $362,730 Ridgecrest 87108
2021-09-21 Rent apartment $1.62 / sqft / month 720 sqft $1,166 UNM Area 87106
2021-03-08 Buy townhouse $206.00 / sqft 1,440 sqft $296,640 Academy Acres 87109
2020-10-30 Rent condo $1.55 / sqft / month 950 sqft $1,473 Old Town 87104
2020-06-19 Buy single-family home $189.00 / sqft 2,340 sqft $442,260 Northeast Heights 87111
2019-08-02 Rent single-family home $1.22 / sqft / month 2,050 sqft $2,501 Four Hills 87123
2019-04-26 Buy duplex $148.00 / sqft 1,920 sqft $284,160 Barelas 87102
2018-12-14 Rent apartment $1.42 / sqft / month 660 sqft $937 Downtown 87102
2018-07-17 Buy single-family home $174.00 / sqft 3,020 sqft $525,480 High Desert 87122
2017-11-06 Rent townhouse $1.25 / sqft / month 1,380 sqft $1,725 Taylor Ranch 87120
2017-05-23 Buy single-family home $165.00 / sqft 1,720 sqft $283,800 Nob Hill 87108
2016-09-29 Rent luxury apartment $1.38 / sqft / month 840 sqft $1,159 Uptown 87110
2016-03-11 Buy condo $152.00 / sqft 880 sqft $133,760 Sawmill 87104
2015-12-18 Rent duplex $1.09 / sqft / month 1,120 sqft $1,221 North Valley 87107
2015-06-01 Buy single-family home $141.00 / sqft 2,480 sqft $349,680 North Domingo Baca 87113
2014-10-25 Rent apartment $1.18 / sqft / month 780 sqft $920 Nob Hill 87108
2014-04-09 Buy townhouse $132.00 / sqft 1,345 sqft $177,540 Academy Acres 87109
2013-11-13 Rent single-family home $1.02 / sqft / month 1,900 sqft $1,938 Ventana Ranch 87114
2013-02-21 Buy single-family home $125.00 / sqft 2,040 sqft $255,000 Taylor Ranch 87120
2012-08-07 Rent condo $1.12 / sqft / month 910 sqft $1,019 University Heights 87106
2012-03-16 Buy multi-family home $98.00 / sqft 2,860 sqft $280,280 South Valley 87105
2011-09-27 Rent apartment $1.05 / sqft / month 620 sqft $651 Downtown 87102
2011-05-18 Buy single-family home $116.00 / sqft 1,580 sqft $183,280 Ridgecrest 87108
2010-12-03 Rent single-family home $0.94 / sqft / month 1,650 sqft $1,551 Northeast Heights 87112
2010-06-22 Buy condo $111.00 / sqft 1,010 sqft $112,110 Uptown 87110
2009-10-12 Rent duplex $0.91 / sqft / month 1,040 sqft $946 Huning Highland 87102
2009-04-29 Buy single-family home $121.00 / sqft 1,900 sqft $229,900 Westside 87114
2008-11-05 Rent townhouse $1.03 / sqft / month 1,320 sqft $1,360 Academy Hills 87111
2008-07-10 Buy single-family home $152.00 / sqft 2,250 sqft $342,000 Four Hills 87123
2007-12-19 Rent apartment $1.08 / sqft / month 740 sqft $799 Uptown 87110
2007-05-04 Buy luxury single-family home $176.00 / sqft 3,380 sqft $594,880 Sandia Heights 87122
2006-09-14 Rent single-family home $0.98 / sqft / month 1,880 sqft $1,842 Taylor Ranch 87120
2006-03-20 Buy townhouse $145.00 / sqft 1,260 sqft $182,700 Old Town 87104
2005-08-31 Rent condo $1.02 / sqft / month 870 sqft $887 Ridgecrest 87108
2005-04-14 Buy single-family home $134.00 / sqft 2,140 sqft $286,760 Northeast Heights 87111
2004-10-28 Rent apartment $0.95 / sqft / month 695 sqft $660 UNM Area 87106
2004-07-24 Buy single-family home $128.00 / sqft 1,460 sqft $186,880 Nob Hill 87108
2003-12-08 Rent duplex $0.88 / sqft / month 980 sqft $862 Sawmill 87104
2003-06-17 Buy loft $118.00 / sqft 760 sqft $89,680 Downtown 87102
2002-11-04 Rent single-family home $0.78 / sqft / month 1,780 sqft $1,388 Ventana Ranch 87114
2002-04-07 Buy single-family home $105.00 / sqft 1,970 sqft $206,850 Academy Acres 87109
2001-09-25 Rent townhouse $0.86 / sqft / month 1,120 sqft $963 Academy Acres 87109
2001-05-19 Buy condo $96.00 / sqft 930 sqft $89,280 Uptown 87110
2000-12-12 Rent apartment $0.82 / sqft / month 540 sqft $443 Downtown 87102
2000-06-02 Buy single-family home $88.00 / sqft 1,680 sqft $147,840 Paradise Hills 87114
1999-10-16 Rent condo $0.76 / sqft / month 820 sqft $623 Old Town 87104
1999-03-30 Buy single-family home $91.00 / sqft 2,320 sqft $211,120 Four Hills 87123
1998-09-09 Rent single-family home $0.64 / sqft / month 1,600 sqft $1,024 North Valley 87107
1998-04-22 Buy duplex $64.00 / sqft 1,700 sqft $108,800 Wells Park 87102
1997-12-01 Rent apartment $0.73 / sqft / month 600 sqft $438 Uptown 87110
1997-05-06 Buy single-family home $82.00 / sqft 2,060 sqft $168,920 Taylor Ranch 87120
1996-07-13 Rent townhouse $0.70 / sqft / month 1,050 sqft $735 Taylor Ranch 87120
1996-02-26 Buy single-family home $78.00 / sqft 1,850 sqft $144,300 Northeast Heights 87111
1995-08-19 Rent apartment $0.68 / sqft / month 710 sqft $483 Ridgecrest 87108
1995-03-15 Buy condo $72.00 / sqft 840 sqft $60,480 University Heights 87106
1994-10-08 Rent single-family home $0.58 / sqft / month 1,350 sqft $783 Princess Jeanne 87112
1994-05-27 Buy townhouse $66.00 / sqft 1,180 sqft $77,880 Uptown 87110
1993-11-20 Rent duplex $0.55 / sqft / month 920 sqft $506 Barelas 87102
1993-06-11 Buy single-family home $52.00 / sqft 1,550 sqft $80,600 South Valley 87105
1992-09-03 Rent apartment $0.62 / sqft / month 650 sqft $403 UNM Area 87106
1992-04-18 Buy single-family home $58.00 / sqft 1,320 sqft $76,560 Nob Hill 87108

Housing market overview for Albuquerque, NM

The real estate market in Albuquerque, NM can be compared more clearly by looking at price per square foot. Current estimates show an average buy price of $216.00 / sqft and an average rent of $1.68 / sqft / month.

Buyers can use the purchase price per square foot to compare homes, condos and apartments of different sizes. Renters can use monthly rent per square foot to compare different rental listings more accurately.

The reported values on this page show how prices can vary by neighborhood, property type, size and condition. Historical values help explain whether the local market has been rising, stable or cooling.

Frequently asked questions

What is the average home price per square foot in Albuquerque?

The average residential buy price in Albuquerque, NM is $216.00 / sqft based on the current values available on this page.

How much is rent per square foot in Albuquerque?

The average rental price in Albuquerque, NM is $1.68 / sqft / month. Actual rents can vary by neighborhood, property type and building quality.

Are property prices in Albuquerque increasing?

Buy prices have increased by about 8.7% over the last 5 years. Rent prices have increased by about 5.6% over the last 5 years. These 5-year trends are based on the available individual historical comparable values.