The story of this market
The typical home in ZIP 87006 sells for about $386,000, or $215 per square foot.
Prices are up +4.3% from a year ago, so sellers still have some momentum. Homes take about 15 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,450 a month.
ZIP 87006 — Bosque
The housing market in 87006 shows signs of stability with moderate price appreciation and consistent demand. While inventory remains tight, the market is balanced by steady sales activity and a strong local employment base. Buyers and sellers are navigating a period of normalized market speed compared to the volatility of previous years.
This area is well-suited for families and professionals seeking a balance between suburban living and access to Albuquerque's major employment hubs, offering a variety of housing types at accessible price points.
Median prices moved up 4.3% year over year.
Homes spend a median of 15 days on market with 2.4 months of supply — a fast-moving market.
28% of listings have cut prices · homes sell at 98.9% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.8% · poverty 9.5% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 87006, Bernalillo County, NM
Crime trends in the Albuquerque area remain a significant concern, with property crime rates consistently higher than the national average. Local law enforcement continues to prioritize community policing initiatives to address these regional challenges.
Schools serving the area are part of the Albuquerque Public Schools district, which maintains a mix of ratings; performance varies significantly by individual campus and program focus.
The region faces moderate wildfire risk and high wind exposure during spring months, necessitating standard fire-mitigation landscaping and robust home insurance coverage.
Economic momentum is driven by the aerospace, technology, and healthcare sectors, with major employers including Kirtland Air Force Base and Sandia National Laboratories anchoring the regional economy.
Property taxes are assessed by the county based on the taxable value of the property, with rates determined by local millage levies that include school, municipal, and county-specific special districts.
Commuters typically rely on I-25 and I-40 to reach the downtown Albuquerque employment core, with average commute times reflecting typical mid-sized city traffic patterns.
The area offers access to local parks, community centers, and proximity to the Sandia Mountain foothills, providing extensive hiking and biking trail networks.
The rental market remains competitive with low vacancy rates, driven by a steady influx of new residents and limited supply of multi-family housing units.
The economy is anchored by federal research facilities, healthcare systems, and a growing technology sector, providing a stable employment base for the region.
The area is served by a network of arterial roads and the ABQ RIDE bus system, with ongoing efforts to improve transit connectivity to major employment centers.
Development is focused on mixed-use projects and transit-oriented housing to accommodate population growth while preserving existing neighborhood character.
The Bernalillo County Assessor's office manages property valuations, utilizing a mass appraisal system to determine taxable values annually.
Parcels are subject to various special districts, including school district levies and municipal utility assessments for water and waste management.
Property insurance premiums are influenced by regional wildfire and wind risks, with most carriers requiring specific mitigation measures for coverage.
New Mexico has experienced modest net domestic migration gains, with Albuquerque attracting residents from neighboring states seeking lower costs of living.
New Mexico is a judicial foreclosure state, requiring court intervention for the foreclosure process, which typically extends the timeline for completion.
Sellers are required to provide a comprehensive property disclosure statement detailing known material defects to potential buyers.
Data retrieved from Census Bureau ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Fat Sats Bar and Grill4.214.6 mi
- Sevilleta National Wildlife Refuge4.512.9 mi
- Harvey House Museum4.612.2 mi
- Anna Becker Park4.112.4 mi
- Harvey House Museum4.612.2 mi
- Sevilleta National Wildlife Refuge4.512.9 mi
- Eagle Park4.312.2 mi
- Anna Becker Park4.112.4 mi
- Tierra Del Sol Golf Club3.911.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Extensive network of hiking and mountain biking trails with scenic views.
Open-air shopping and dining destination featuring major retailers and restaurants.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.