Why Live in Los Duranes
Los Duranes is not Albuquerque’s best-known neighborhood, but it does offer prospective homeowners access to many of the city’s major cultural draws. “It’s kind of a niche neighborhood, just north of Interstate 40,” says Real Estate Broker Austin Wolff of The Lovely Home Company Brokerage, who has 10 years of experience in the area. “Homes there are more affordable than other parts of the city, and there’s pretty good lot sizes. It also has easy access to the trails by the Rio Grande and Old Town Albuquerque, so it’s a great spot in the middle of everything.” While it is not as historic as other neighborhoods on this side of town, recent development has lent Los Duranes a distinctly Southwestern feel with the addition of Pueblo-inspired modern homes. Its proximity to the cultural hubs of Old Town and downtown, as well as to the river, help make the neighborhood a hidden gem for value-minded buyers. Prospective buyers will find various styles throughout the neighborhood, from squat mid-century ranch-style homes with Spanish tile roofs to Modern Traditional builds from the early 2000s incorporating Southwestern Pueblo design features. “Los Duranes was developed primarily between the
Home Trends in Los Duranes, NM
On average, homes in Los Duranes, Albuquerque sell after 84 days on the market compared to the national average of 51 days. The median sale price for homes in Los Duranes, Albuquerque over the last 12 months is $354,500, up 24% from the median home sale price over the previous 12 months.
Median Sale Price
$354,500
Median Single Family Sale Price
$367,500
Average Price Per Sq Ft
$215
Number of Homes for Sale
4
Last 12 months Home Sales
14
Median List Price
$387,450
Median Change From 1st List Price
8%
Median Home Sale Price YoY Change
24%