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Barelas Homes for Sale

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  • /73

    $1,575,000 New Construction

    • 12 Beds
    • 12 Baths
    • 6,148 Sq Ft

    615 Iron Ave SW, Albuquerque, NM 87102

    Exceptional investment opportunity! This modern 6-unit building, just two years old, showcases quality craftsmanship from an experienced builder/owner and delivers an impressive cap rate. Each unit is thoughtfully designed with contemporary finishes and efficient layouts, ensuring both style and durability. Currently operated as successful Airbnb rentals, this property offers strong, proven

    Agent Photo

    Thomas Gallegos

    Berkshire Hathaway NM Prop

    (505) 391-4945

    615 Iron Ave SW, Albuquerque, NM 87102
  • /7

    $50,000

    • Land
    • 2,613 Sq Ft
    • $833,333 per Acre

    517 3rd St SW, Albuquerque, NM 87102

    Positioned in the heart of Downtown Albuquerque, this .06-acre Mixed Use lot offers a rare opportunity for flexible urban development in one of the city's most walkable and evolving districts. The MX-L designation allows for a variety of potential uses including small-scale retail, office space, residential units, or a mixed-use concept with living above workspace--ideal for investors, builders,

    Gabriel Vargas Double Eagle Real Estate

    517 3rd St SW, Albuquerque, NM 87102
  • /37

    $299,900

    • 2 Beds
    • 2 Baths
    • 1,560 Sq Ft

    725 Barelas Ct SW, Albuquerque, NM 87102

    DISCOVER EASY LIVING IN A MOVE-IN READY TOWNHOME TUCKED INTO A QUIET CUL-DE-SAC. This 2 story Barelas Court gem offers 2 bedrooms and 2 baths with an open floorplan that feels bright, connected, and comfortable. The compact kitchen is designed for efficiency with everything within reach, flowing seamlessly into living and dining spaces perfect for everyday living or casual entertaining. Upstairs

    Jonathan Tenorio Keller Williams Realty

    725 Barelas Ct SW, Albuquerque, NM 87102
  • /24

    $419,000 New Construction

    • 3 Beds
    • 3 Baths
    • 1,602 Sq Ft

    1100 10th St SW, Albuquerque, NM 87102

    Don't miss out on this rare new build with a casita in the downtown area only steps away from the bosque trails! This home boasts luxurious finishes that you have to see to appreciate. New cedar fencing surrounds the property. Vallejo Gold countertops in the kitchens are absolutely stunning. Main house is 1003 sq 2 bedroom 2 bath. Each unit has high ceilings giving it an open and refreshing feel.

    Alex Argueta Realty One of New Mexico

    1100 10th St SW, Albuquerque, NM 87102
  • /3

    $1,000,000

    • 7 Beds
    • 4 Baths
    • 5,603 Sq Ft

    313 Iron Ave SW, Albuquerque, NM 87102

    Well kept property that has been in the same family for over 100 years. Call Listing agent for showing. Must give 48 hrs notice.

    Tim Luten Sperry Van Ness/WACB, Inc.

    313 Iron Ave SW, Albuquerque, NM 87102
  • /5

    $75,000

    • Land
    • 3,484 Sq Ft
    • $937,500 per Acre

    711 C 7th St SW, Albuquerque, NM 87102

    OWNER FINANCING AVAILABLE. This lot is full of potential! This lot is located near two parks, the zoo, and right next door to a community garden! Undeveloped lots in the downtown area don't come on the market very often. Don't miss out!

    Alex Argueta Realty One of New Mexico

    711 C 7th St SW, Albuquerque, NM 87102
  • /27

    $405,000 New Construction

    • 2 Beds
    • 1.5 Baths
    • 1,187 Sq Ft

    233 Stover Ave SW, Albuquerque, NM 87102

    Welcome Home!Step into this beautifully crafted, multilevel contemporary residence that seamlessly blends modern design with comfort. bathed in natural light, the home features an open-concept floor plan perfect for today's lifestyle. Enjoy luxurious flooring, elegant quartz countertops, custom tile backsplashes, and stylish tile showers. Built with quality in mind, this home includes solid-core

    Judie Ayala EXP Realty LLC

    233 Stover Ave SW, Albuquerque, NM 87102
  • /38

    $499,000

    • 2 Beds
    • 2 Baths
    • 1,492 Sq Ft

    1111 Iron Ave SW, Albuquerque, NM 87102

    Stylish and modern two BR, 2.5 BA single-family adobe home with 14 92 ft. in a rapidly revitalizing downtown community. This move-in ready home has been fully remodeled with new low E windows, flooring, aquaPEX plumbing tankless water heater Mini splits system units in every room, updated electrical and granite countertop! ****Optional 3rd bedroom conversion available and can be completed by the

    Kayla Johnson New Mexico Real Estate Solutions

    1111 Iron Ave SW, Albuquerque, NM 87102
  • /10

    $125,000

    • Land
    • 6,098 Sq Ft
    • $892,857 per Acre

    1005 Iron Ave SW, Albuquerque, NM 87102

    Price improved--don't miss this Downtown Albuquerque infill opportunity! This flat, build-ready 50' x 142' lot offers a true clean canvas with no structures to remove, utilities on site, and front + alley access. Zoned R-ML, ideal for a single-family home with ADU, duplex, townhomes, or small multi-family project. No HOA. Located in a rapidly revitalizing area near major hospitals, UNM/CNM,

    Casa ABQ LPT Realty

    1005 Iron Ave SW, Albuquerque, NM 87102
  • /43

    $437,000

    • 4 Beds
    • 2.5 Baths
    • 1,199 Sq Ft

    902 Coal Ave SW, Albuquerque, NM 87102

    Live in one, use the other or enjoy the space all to yourself. This beautifully remodeled downtown property features a 3-bedroom main home plus a detached 1-bedroom casita, perfect for guests, extended family, or added flexibility.With separate entrances, full kitchens in both units, and a prime location near Old Town, UNM, and local hotspots, this home offers comfort, versatility, and

    Vinette Graham Coldwell Banker Legacy

    902 Coal Ave SW, Albuquerque, NM 87102
  • /21

    $420,000

    • 4 Beds
    • 2 Baths
    • 1,860 Sq Ft

    1100 &1102 10th St SW, Albuquerque, NM 87102

    Beautifully renovated duplex located in the heart of Albuquerque! This is the perfect opportunity for an owner-occupant looking to generate income while living in one unit, or for an investor seeking a turnkey rental property. Huge backyard with potential to build more units as well. Thoughtfully updated with new windows, blinds, flooring, fresh paint, modern appliances, bathroom vanities and

    RYAN GUTIERREZ Realty One of New Mexico

    1100 &1102 10th St SW, Albuquerque, NM 87102

Why Live in Barelas

Barelas, a historic neighborhood in Albuquerque, is known for its rich culture. Early 20th-century bungalows, cottages, ranch-style homes and newer single-family homes and townhouses make up much of the area's inventory. Some properties feature casitas, adding to the neighborhood's charm. Barelas Park, recently renovated in 2023, includes a new multiuse court, playground and promenade, with future plans for pickleball courts and outdoor exercise equipment. The ABQ BioPark Zoo, part of a larger complex with an aquarium, botanic garden and Tingley Beach, offers numerous attractions. The Barelas-South Fourth Street Historic District, part of the historic Route 66, is home to long-standing businesses like El Modelo Mexican Foods and Barelas Coffee House. The National Hispanic Cultural Center hosts events such as the Festival Flamenco Albuquerque and the Cesar Chavez Fiesta. The Albuquerque Rail Yards, undergoing redevelopment, features the Wheels Museum and the Rail Yards Market. Transportation options include fare-free ABQ RIDE buses, the New Mexico Rail Runner Express, and Albuquerque International Sunport, about 5 miles away. Albuquerque High School is highly rated, providing quality education. Students can also apply to magnet schools.

Frequently Asked Questions

Is Barelas a good place to live?
Barelas is a good place to live. Barelas is considered somewhat walkable and a biker's paradise with minimal transit options. Barelas has 5 parks for recreational activities. It has a median age of 44. The average household income is $57,840 which is below the national average. College graduates make up 25.2% of residents. A majority of residents in Barelas are renters, with 57.1% of residents renting and 42.9% of residents owning their home. A local real estate agent serving Barelas can help you decide if this neighborhood is the right one for you. Learn more on our Barelas neighborhood guide.
Is Barelas, NM a safe neighborhood?
Barelas, NM is less safe than the average neighborhood in the United States. It received a crime score of 7 out of 10.
How much do you need to make to afford a house in Barelas?
The median home price in Barelas is $315,000. If you put a 20% down payment of $63,000 and had a 30-year fixed mortgage with an interest rate of 6.23%, your estimated principal and interest payment would be $1,550 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $66K a year to afford the median home price in Barelas. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Barelas is $58K.
What are the best public schools in Barelas?
The best public schools that serve Barelas are:
What are the best private schools in Barelas?
The best private schools that serve Barelas are:
What are the most popular zip codes in Barelas, Albuquerque, NM?
The most popular zip codes in Barelas, Albuquerque, NM include 87102, 87105, 87104, 87106 and 87121.
What are the most popular neighborhoods near Barelas, Albuquerque, NM?
The most popular neighborhoods near Barelas, Albuquerque, NM are Huning Castle, South Broadway, Downtown Albuquerque, Broadway Central Corridor and West Old Town.
Are home prices dropping in Barelas?
Yes, home prices in Barelas are down 2% in the last 12 months.

Home Trends in Barelas, NM

Housing Trends

Median Sale Price
$269,000
Median Single Family Sale Price
$292,000
Median Townhouse Sale Price
$415,000
Median 2 Bedroom Sale Price
$269,000
Average Price Per Sq Ft
$270
Number of Homes for Sale
5
Last 12 months Home Sales
19
Months of Supply
3.20
Median List Price
$315,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-8%
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