Why Live in Peppertree-Royal Oak
Peppertree-Royal Oak in Albuquerque is just off Tramway. The neighborhood embraces its tree theme, from the names of its streets to the trees dotting them. Yards in Peppertree typically have hedges, shrubs and drought-resistant plants. Many of its homes were built in the 1980s and early 1990s. They’re often Mediterranean and Spanish-style houses with curved archways and clay tile roofs or Pueblo-style houses with flat roofs and rounded corners. The neighborhood is walkable with minimal traffic due to short streets and cul-de-sacs, though some road noise may be experienced near Tramway. ABQ RIDE bus stops and bike lanes enhance connectivity. Albuquerque International Sunport is approximately 16 miles away. The neighborhood crime score is lower than the national average. Peppertree is entirely residential, but outdoor spaces are a short drive away. Prospectors Ridge Park has nearby walking paths and a playground, while High Desert Park has basketball and tennis courts. The Sandia Foothills and Bear Canyon Open Space offer extensive trails for hiking and mountain biking, though caution is advised for wildlife. The Sandia Peak Tramway, 5 miles north, provides access to the Sandia Peak Ski Area. About 4 miles north, Ice Arenas caters to ice skating and hockey enthusiasts. Nearby shopping centers, such as those at Tramway and Academy Road Northeast, feature retail and dining options, including Albertsons Market and Boxing Bear Brewing Company. Georgia O'Keeffe Elementary School, Eisenhower Middle School and Eldorado High School are all highly rated.
Frequently Asked Questions
Is Peppertree-Royal Oak a good place to live?
Peppertree-Royal Oak is a good place to live. Peppertree-Royal Oak is considered very car-dependent and bikeable with minimal transit options. It has a median age of 45. The average household income is $158,824 which is above the national average. College graduates make up 76.8% of residents. A majority of residents in Peppertree-Royal Oak are home owners, with 33.2% of residents renting and 66.8% of residents owning their home. A
local real estate agent serving Peppertree-Royal Oak can help you decide if this neighborhood is the right one for you. Learn more on our
Peppertree-Royal Oak neighborhood guide.
Is Peppertree-Royal Oak, NM a safe neighborhood?
Peppertree-Royal Oak, NM is safer than the average neighborhood in the United States. It received a crime score of 3 out of 10.
How much do you need to make to afford a house in Peppertree-Royal Oak?
The median home price in Peppertree-Royal Oak is $652,500. If you put a 20% down payment of $130,500 and had a 30-year fixed mortgage with an interest rate of 6.31%, your estimated principal and interest payment would be $3,230 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $138K a year to afford the median home price in Peppertree-Royal Oak. Learn how much home you can afford with our
Home Affordability Calculator. The average household income in Peppertree-Royal Oak is $159K.
What are the best public schools in Peppertree-Royal Oak?
The best public schools that serve Peppertree-Royal Oak are:
What are the most popular zip codes in Peppertree-Royal Oak, Albuquerque, NM?
What are the most popular neighborhoods near Peppertree-Royal Oak, Albuquerque, NM?
Home Trends in Peppertree-Royal Oak, NM
On average, homes in Peppertree-Royal Oak, Albuquerque sell after 29 days on the market compared to the national average of 53 days. The median sale price for homes in Peppertree-Royal Oak, Albuquerque over the last 12 months is $635,000, up 7% from the median home sale price over the previous 12 months.
Median Sale Price
$635,000
Median Single Family Sale Price
$640,000
Average Price Per Sq Ft
$243
Number of Homes for Sale
1
Last 12 months Home Sales
29
Median List Price
$652,500
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
7%