How much do homeowners pay a month in North Valley, NM?
Homeowners with a mortgage in North Valley, NM pay a median of $1,723 (±$153) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $507 (±$102).
43.3% of owned homes carry a mortgage.
In North Valley, the median monthly cost with a mortgage went from $1,325 in 2015–2019 to $1,723 in 2020–2024 (+30.0%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- With a mortgage
- $1,723 (±$153)
- Without a mortgage
- $507 (±$102)
- Owned with a mortgage
- 43.3%
Monthly owner costs in North Valley
| North Valley | Bernalillo County | New Mexico | United States | |
|---|---|---|---|---|
| With a mortgage | $1,723 (±$153) | $1,615 (±$17) | $1,564 (±$11) | $1,963 |
| Without a mortgage | $507 (±$102) | $538 (±$10) | $451 (±$4) | $638 |
| Owned homes with a mortgage | 43.3% (±8.2 points) | 62.8% (±1.0 points) | 51.5% (±0.5 points) | 60.6% |
| Median real estate taxes (a year) | $2,120 (±$385) | $2,629 (±$32) | $1,731 (±$19) | $3,119 |
Selected monthly owner costs are the mortgage payment, property taxes, insurance, utilities, fuels and any condominium or mobile-home fees.
In North Valley, the median cost with a mortgage is not measurably different from Bernalillo County ($1,615).
It is also higher than in New Mexico ($1,564).
It is lower than the national figure ($1,963).
In Bernalillo County, North Valley ranks 5 of 10 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 37 of 175.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in North Valley have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,325 (±$179) | $1,723 (±$153) | +30.0% | No measurable change after inflation |
| Median real estate taxes | $1,918 (±$258) | $2,120 (±$385) | +10.5% | No measurable change after inflation |
| Median home value | $221,500 (±$22,897) | $302,700 (±$46,361) | +36.7% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median monthly cost with a mortgage in places near North Valley
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| North Valley | — | $1,723 (±$153) | — |
| Los Ranchos de Albuquerque | 1.5 mi | $2,340 (±$822) | Not measurably different |
| Corrales | 4.6 mi | $2,638 (±$171) | Higher |
| Paradise Hills | 4.8 mi | $1,327 (±$198) | Lower |
| Albuquerque | 4.9 mi | $1,604 (±$17) | Not measurably different |
| Sandia Heights | 7.6 mi | $2,929 (±$397) | Higher |
| Rio Rancho | 8.8 mi | $1,651 (±$42) | Not measurably different |
| Bernalillo | 10 mi | $1,376 (±$156) | Lower |
| South Valley | 12 mi | $1,363 (±$61) | Lower |
Nearby places with a measurably lower figure: Paradise Hills, NM ($1,327), Bernalillo, NM ($1,376), South Valley, NM ($1,363).
Nearby places with a measurably higher figure: Corrales, NM ($2,638), Sandia Heights, NM ($2,929).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Bernalillo County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 1 | Sandia Heights | $2,929 (±$397) |
| 2 | Los Ranchos de Albuquerque | $2,340 (±$822) |
| 3 | Barton | $2,253 (±$326) |
| 4 | Ponderosa Pine | $1,807 (±$253) |
| 5 | North Valley | $1,723 (±$153) |
| 6 | Albuquerque | $1,604 (±$17) |
| 7 | Sandia Knolls | $1,570 (±$74) |
| 8 | Tijeras | $1,537 (±$401) |
| 9 | South Valley | $1,363 (±$61) |
| 10 | Paradise Hills | $1,327 (±$198) |
North Valley is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in North Valley
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for North Valley beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near North Valley, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near North Valley, and send estimates and invoices from your phone.
Questions about North Valley
What is the average mortgage payment in North Valley?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in North Valley, NM is $1,723 (±$153) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in North Valley?
Owners without a mortgage in North Valley pay a median of $507 (±$102) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in North Valley gone up?
In North Valley, the median monthly cost with a mortgage went from $1,325 in 2015–2019 to $1,723 in 2020–2024 (+30.0%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — North Valley CDP, New Mexico
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — North Valley CDP, New Mexico
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — North Valley CDP, New Mexico
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — North Valley CDP, New Mexico
- Median Value (B25077), 2015–2019 ACS 5-year estimates — North Valley CDP, New Mexico
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for North Valley CDP, New Mexico (place:52750, in state:35).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25088_002E, B25088_002M, B25103_001E, B25103_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP04_0101E, DP04_0101M, DP04_0109E, DP04_0109M, DP04_0091PE, DP04_0091PM, B25103_001E, B25103_001M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in North Valley at a glance
- Median rent in North Valley
- Rent by bedrooms in North Valley
- Rent burden in North Valley
- Renters and owners in North Valley
- Income and affordability in North Valley
- Home values in North Valley
- Property taxes in North Valley
- Types of homes in North Valley
- Bedrooms in North Valley
- Age of homes in North Valley
- Heating fuel in North Valley
- Commute and cars in North Valley
- Population growth in North Valley
- How long people stay in North Valley
- Crowding and facilities in North Valley
- New Mexico landlord and tenant rules
- Housing across Bernalillo County
- Housing data for every place in New Mexico