Why Live in North Valley
North Valley is a rural community in central New Mexico, situated along the Rio Grande and approximately 7 miles from downtown Albuquerque. The area is known for its large homes with expansive lots, suitable for farming or gardening, and features a mix of million-dollar estates and smaller farms that have been family-owned for generations. Home styles include 1950s and 1970s ranch-style and adobe homes, as well as newer Spanish Revival estates with custom amenities like in-ground pools. The community is served by Albuquerque Public Schools, which are highly rated, and Sandia Preparatory School, a top private institution for grades six through 12. Points of interest include the Balloon Fiesta Park, which hosts the annual Albuquerque International Balloon Fiesta, and the Anderson Abruzzo Albuquerque International Balloon Museum. Outdoor attractions such as fishing, boating, and whitewater rafting are popular along the Rio Grande. Dining options include El Pinto Restaurant, Dave's Valley Grill, and Vernon’s Speakeasy. Local amenities feature Smith’s grocery store and Los Poblanos Historic Inn & Organic Farm. The area has low crime risk compared to the national average, with the Albuquerque Police Department serving residents. Commuting is facilitated by New Mexico State Roads 47 and 423, and the Montaño Rail Runner Station. The Albuquerque International Sunport is 13 miles away. North Valley experiences a semi-arid climate with hot summers and cold winters, receiving about 11 inches of rainfall annually.
Home Trends in North Valley, NM
On average, homes in North Valley, NM sell after 52 days on the market compared to the national average of 50 days. The median sale price for homes in North Valley, NM over the last 12 months is $490,000, up 13% from the median home sale price over the previous 12 months.
Median Sale Price
$490,000
Median Single Family Sale Price
$508,000
Average Price Per Sq Ft
$255
Number of Homes for Sale
16
Last 12 months Home Sales
45
Median List Price
$550,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
13%