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Janet M. housing

Housing market in Albuquerque — is it worth buying?

Median home value here is around $266,700. Prices are reasonable compared to major metros. For those renting, typical rent is $1085.

Is now a good time to buy in Albuquerque? Or better to keep renting?

Looking for opinions from both homeowners and renters.
16 upvotes

10 Replies

Sandra W.
Great post! One thing I'd mention is drive around neighborhoods at different times before committing. Makes a big difference.
36 upvotes
Bobby M.
Rent tip: look for places in fall. Prices drop and there's more availability.
35 upvotes
Sophia M.
The food scene here is seriously underrated. So many great restaurants.
27 upvotes
Sophia M.
Good summary. I'd rate it higher personally — maybe 7/10.
23 upvotes
Janet M.
Rent tip: look for places in winter. Prices drop and there's more availability.
23 upvotes
Sandra W.
Great post! One thing I'd mention is check out the local Facebook groups for neighborhood info. Makes a big difference.
13 upvotes
Sophia M.
The food scene here is seriously underrated. So many great restaurants.
11 upvotes
Janet M.
Coming from New York, the cost of living difference is noticeable. Groceries and gas are cheaper.
11 upvotes
Sandra W.
Moved here last year. No regrets. People are super nice.
9 upvotes
Sophia M.
If you can afford it, Riverside is the best place to live. Period.
0 upvotes
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