The story of this market
The typical home in ZIP 87068 sells for about $344,000, or $185 per square foot.
Prices are up +5.4% from a year ago, so sellers still have some momentum. Homes take about 62 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,450 a month.
This ZIP has no home sales of its own, so its market figures come from Valencia County, New Mexico (county-level). Population, rents, hazards, lending and amenities are this ZIP's own readings.
ZIP 87068 — Bosque Farms
The housing market in 87068 remains stable with moderate price appreciation and steady demand. While inventory is limited, the market is not experiencing the rapid volatility seen in other regions, supported by a solid local employment base.
This area is well-suited for families and professionals seeking a suburban lifestyle with proximity to Albuquerque's employment centers. It appeals to those who value outdoor access and a quieter residential environment over urban density.
Median prices moved up 5.4% year over year.
Homes spend a median of 62 days on market with 4.8 months of supply — a balanced-paced market.
25% of listings have cut prices · homes sell at 98.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.8% · poverty 6.5% — 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 6.3%/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 6.0%/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 87068, Bernalillo County NM
Crime rates in the area are generally lower than the Albuquerque city average, with property crime being the primary concern. Local law enforcement reports stable trends in recent years.
Schools serving the area are part of the Albuquerque Public Schools district, with performance ratings varying by individual campus. Many residents opt for nearby charter or private school alternatives.
The area faces moderate wildfire risk due to its proximity to wildland-urban interfaces and high wind events common in the region. Flood risk is generally low, though localized drainage issues can occur during monsoon season.
Economic momentum is driven by the broader Albuquerque metro area, with significant employment hubs in technology, healthcare, and government sectors. Infrastructure development is focused on improving arterial road connectivity.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (New Mexico) — New Mexico Ad Valorem Property Tax: Tax is calculated by applying a tax rate (expressed in mills) to the net taxable value. The net taxable value is defined as one-third (33.33%) of the taxable value of the property.
Commuters primarily rely on private vehicles to access employment centers in Albuquerque via major highway corridors. Public transit options are limited, making the area car-dependent.
The area offers access to local parks, hiking trails, and open spaces that take advantage of the high-desert landscape. Shopping and dining amenities are concentrated in nearby commercial hubs within a short drive.
The rental market is characterized by steady demand and limited inventory, with rents trending upward in line with the broader metro area. Short-term rentals are present but regulated by local ordinances.
The economy is anchored by the Albuquerque metro area, with major sectors including aerospace, research, and healthcare. The area benefits from proximity to major regional employers.
Transportation is primarily highway-based, with limited public transit infrastructure serving this specific ZIP code. Commuters rely on major regional arteries for access to the city center.
Development is focused on residential infill and small-scale commercial projects along existing corridors. No major large-scale master-planned communities are currently under construction.
The county appraisal district conducts annual assessments based on market value, with a focus on maintaining equity across property classes.
Parcels are subject to standard municipal and county tax levies, with no significant special assessment districts reported.
Property insurance premiums are influenced by regional wildfire and wind risks, with market availability remaining stable despite rising costs.
Data retrieved from data.census.gov for ZCTA 87068.
- Urban Air Trampoline and Adventure Park416.2 mi
- Cliff's Amusement Park4.317.7 mi
- Hinkle Fun Center4.416.8 mi
- Round1 Bowling & Arcade - Albuquerque4.215.5 mi
- Electric Playhouse4.215.2 mi
- Isleta Amphitheater4.47.4 mi
- Albuquerque Convention Center4.313.3 mi
- RGCU Field at Isotopes Park4.712.2 mi
- Topgolf Albuquerque4.416.6 mi
- Sadie's of New Mexico4.317.5 mi
- ABQ BioPark Zoo4.512.6 mi
- AMC Albuquerque 124.59.1 mi
- National Hispanic Cultural Center4.612 mi
- Roosevelt Park4.512.7 mi
- USS Bullhead Memorial Park4.312 mi
- Roosevelt Park4.512.7 mi
- USS Bullhead Memorial Park4.312 mi
- Valle de Oro National Wildlife Refuge4.55.9 mi
- Hyder Park4.712.5 mi
- Rio Grande Park4.512.9 mi
- University of New Mexico Championship Golf Course4.49.6 mi
- Puerto del Sol Golf Course and Learning Center4.411.9 mi
- Isleta Golf Club4.13.2 mi
- Smith's412.8 mi
- Rail Yards Market4.612.5 mi
- Silver Street Market4.413 mi
- Smith's4.311 mi
- Smith's4.16.3 mi
- Albuquerque International Sunport4.410.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Features walking paths and playgrounds for local residents.
Provides extensive hiking and biking opportunities in the foothills.
Deterministic aggregate of 3 researched properties in this ZIP (latest reading each) — each property weighs one; per point, properties lacking the value are excluded. Property-level records (taxes, scores, permits) never roll individually.
No county-record distress flags across 3 researched properties on the ARED base layer. Key-figure check: median price diverges 15.3% from the nearest retained anchor (researched-property base layer) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Validation: the flagged $424,184 could not be independently corroborated and was removed pending review (no prior-cycle value to revert to); the case is under review in the Command Center.