Home prices
The median home value in South Valley is $147,400. It is approximately $62,080 (29%) lower in comparison to other places in this area.It is about $70,100 (32%) lower compared to the United States as a whole, and is roughly $50,800 (25%) lower in comparison to the city of Albuquerque.
Rents
In South Valley the median rent is $709 per month. Compared to its nearby areas it is roughly $154 (17%) lower.In comparison to the nation as a whole it is roughly $353 (33%) lower, and compared to the city of Albuquerque it is about $164 (18%) lower.
Nearby places
Bosque Farms
Bosque Farms is about 11 miles south of South Valley. The housing prices there are somewhat more expensive. Bosque Farms's median home cost is $209,400, which comes out to $62,000 (29%) higher than South Valley. Rent there is a little more expensive. In Bosque Farms the median rent is $933 a month, which comes out to $224 (24%) higher than South Valley.
Carnuel
Carnuel is about 11 miles east from South Valley. Housing prices there are significantly more expensive. The price of the median home in Carnuel is $244,400, which comes out to $97,000 (39%) higher than South Valley. The rent there is somewhat more expensive. In Carnuel the median monthly rent is $877, which comes out to $168 (19%) higher than South Valley.
North Valley
North Valley is approximately 12 miles north from South Valley. The housing prices there are significantly more expensive. The median home in North Valley is valued at $221,500, which comes out to $74,100 (33%) higher than South Valley. The rent there is somewhat more expensive. North Valley's median rent is $852 a month, which works out to $143 (16%) higher than South Valley.
Peralta
Peralta is roughly 13 miles south from South Valley. The housing prices there are a little more expensive. The median home price in Peralta is $190,000, which comes out to $42,600 (22%) higher than South Valley. Rents there are a lot less expensive. The median rent in Peralta is $533 per month, which is $176 (33%) lower than South Valley.
Paradise Hills
Paradise Hills is about 13 miles north of South Valley. Housing prices there are a bit more expensive. Paradise Hills's median home price is $182,100, which works out to $34,700 (19%) higher than South Valley. The rent there is substantially more expensive. Paradise Hills's median monthly rent is $1,121, which works out to $412 (36%) higher than South Valley.