$975,000
- 4 Beds
- 3 Baths
- 4,031 Sq Ft
1523 Silver Ave SE, Albuquerque, NM 87106
Susan Buchman
Real Broker, LLC
Frequently Asked Questions
Is Silver Hill a good place to live?
Silver Hill is a good place to live. Silver Hill is considered fairly walkable and bikeable with some transit options. Silver Hill has 4 parks for recreational activities.It has a median age of 34. The average household income is $44,533 which is below the national average. College graduates make up 56.1% of residents. A majority of residents in Silver Hill are renters, with 91% of residents renting and 9% of residents owning their home. A local real estate agent serving Silver Hill can help you decide if this neighborhood is the right one for you. Learn more on our Silver Hill neighborhood guide.
How much do you need to make to afford a house in Silver Hill?
The median home price in Silver Hill is $389,990. If you put a 20% down payment of $78,000 and had a 30-year fixed mortgage with an interest rate of 6.76%, your estimated principal and interest payment would be $2,030 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $87K a year to afford the median home price in Silver Hill. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Silver Hill is $45K.
What are the best public schools in Silver Hill?
The best public schools that serve Silver Hill are:
- Albuquerque High School has an A- Niche grade, a student teacher ratio of 15:1 and an average review score of 3.8.
- Jefferson Middle School has an A- Niche grade and a student teacher ratio of 12:1.
- Monte Vista Elementary School has an A- Niche grade and a student teacher ratio of 14:1.
What are the best private schools in Silver Hill?
The best private schools that serve Silver Hill are:
- Axiom Christian Classical School has an A Niche grade, a student teacher ratio of 10:1 and an average review score of 4.0.
- St Mary's School has a student teacher ratio of 13:1.
- St Charles Catholic School has a student teacher ratio of 8:1.
What are the most popular zip codes in Silver Hill, Albuquerque, NM?
What are the most popular neighborhoods near Silver Hill, Albuquerque, NM?
The most popular neighborhoods near Silver Hill, Albuquerque, NM are Silver Hill, Broadway Central Corridor, University Heights, South Broadway and Downtown Albuquerque.
Are home prices dropping in Silver Hill?
Yes, home prices in Silver Hill are down 14% in the last 12 months.
