Los Ranchos de Albuquerque, NM
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Los Ranchos de Albuquerque Neighborhoods Since 2000




Los Ranchos de Albuquerque, NM Real Estate Data


Los Ranchos de Albuquerque Housing Market Information

With a population of 6,063, 2,756 total housing units (homes and apartments), and a median house value of $392,828, Los Ranchos de Albuquerque house prices are not only among the most expensive in New Mexico, Los Ranchos de Albuquerque real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Los Ranchos de Albuquerque, accounting for 73.18% of the village's housing units. Other types of housing that are prevalent in Los Ranchos de Albuquerque include large apartment complexes or high rise apartments ( 14.74%), mobile homes or trailers ( 8.38%), and a few row houses and other attached homes ( 3.25%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Los Ranchos de Albuquerque. Owner-occupied housing accounts for 67.94% of Los Ranchos de Albuquerque's homes, and 60.07% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Los Ranchos de Albuquerque built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Los Ranchos de Albuquerque built between 1940-1969 ( 28.97%). A lesser amount of the housing stock also hails from between 2000 and later ( 13.15%). There's also some housing in Los Ranchos de Albuquerque built before 1939 ( 7.22%).

Los Ranchos de Albuquerque Home Appreciation Rates

Appreciation rates for homes in Los Ranchos de Albuquerque have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 3.07%, which ranks in the top 50% nationwide. This equates to an annual average Los Ranchos de Albuquerque house appreciation rate of 0.30%.

NeighborhoodScout's data show that during the latest twelve months, Los Ranchos de Albuquerque's appreciation rate, at 4.56%, has been at or slightly above the national average. In the latest quarter, Los Ranchos de Albuquerque's appreciation rate has been 1.81%, which annualizes to a rate of 7.45%.

Relative to New Mexico, our data show that Los Ranchos de Albuquerque's latest annual appreciation rate is higher than 80% of the other cities and towns in New Mexico.

Average Home Values

 

Median Home Value:
$392,828

Los Ranchos de Albuquerque, NM HOME PRICES

Value Range
> $1,097,000 6.7
$823,001 - $1,097,000 6.7
$549,001 - $823,000 11.4
$439,001 - $549,000 8.1
$329,001 - $439,000 10.9
$219,001 - $329,000 24.2
$110,001 - $219,000 19.2
$55,001 - $110,000 6.4
$0 - $55,000 6.5

Very High for NM
Very High for Nation

Value Relative to Nation Value Relative to State
10.0661708731042 1.72413793103448

Number Of Homes And Apartments:
2,756

Rent & Ownership

 

Average Market Rent:
$1,089 / per month

Homeownership Rate

Homeownership
Owners 67.94
Renters 32.06
Vacant 8.74

Housing Market Details

 

Age of Homes

AGE OF Los Ranchos de Albuquerque HOMES
2000 or Newer 13.1
1970 - 1999 50.7
1940 - 1969 29.0
1939 or Older 7.2

Types of Homes

TYPE OF Los Ranchos de Albuquerque HOMES
Single-Family 73.2
Townhomes 3.2
Small Apt. Buildings 0.5
Apt. Complexes 14.7
Mobile Homes 8.4
Other 0.0

Home Size

SIZE OF Los Ranchos de Albuquerque HOMES
No Bedroom 4.60
1 Bedroom 10.93
2 Bedrooms 18.54
3 Bedrooms 37.75
4 Bedrooms 22.32
5 or more bedrooms 5.86

Los Ranchos de Albuquerque Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NM*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
55.59% 2.63% 6 7
* 10 is highest

Popular Neighborhoods in Los Ranchos de Albuquerque

Popular Communities Near Los Ranchos de Albuquerque, NM

Zip Codes in Los Ranchos de Albuquerque, NM