Los Padillas / Pajarito median real estate price is $170,170, which is more expensive than 61.2% of the neighborhoods in New Mexico and 44.4% of the neighborhoods in the U.S.
The average rental price in Los Padillas / Pajarito is currently $772, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 66.2% of New Mexico neighborhoods.
Los Padillas / Pajarito is a suburban neighborhood (based on population density) located in Albuquerque, New Mexico.
Los Padillas / Pajarito real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Los Padillas / Pajarito neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Vacant apartments or homes are a major fact of life in Los Padillas / Pajarito. The current real estate vacancy rate here is 19.4%. This is higher than the rate of vacancies in 84.2% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.