Barelas, Albuquerque, NM
Barelas — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Barelas, Albuquerque, New Mexico. Explore the cited sources and local facts below while agent underwriting continues.
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Barelas Neighborhood Overview
Barelas is a historic and culturally rich neighborhood in Albuquerque, New Mexico, located in ZIP code 87102 within Bernalillo County. It is situated just south of Downtown, offering residents a central location with a strong sense of community and heritage. This affordable market tier neighborhood provides a unique blend of traditional character and urban proximity.
Lifestyle & Amenities
The neighborhood is known for its deep roots and vibrant local businesses, including the iconic Barelas Coffee House. Residents enjoy proximity to major cultural assets like the National Hispanic Cultural Center. Its walkability score of 9.7 out of 20 indicates a somewhat walkable environment, enhanced by its closeness to Downtown Albuquerque.
Real Estate Market
Barelas represents an affordable entry point into Albuquerque's urban core, with a median home value of $170,900. The median household income is $35,069, and the median gross rent is $828 per month. Strong market activity is evidenced by 595 mortgage originations in 2023, predominantly conventional loans.
Schools & Education
Families in Barelas have access to several nearby schools, including multiple elementary options like Dolores Gonzales Elementary and Coronado Elementary within half a mile. For high school, students can attend Amy Biehl Charter High School or Siembra Leadership High School, both located less than a mile from the neighborhood's core.
Transportation & Connectivity
The neighborhood offers excellent connectivity due to its central location, with major routes providing quick access to Downtown Albuquerque and the rest of the city. It is bordered by neighborhoods like Five Points and Martineztown-Santa Barbara, enhancing its integrated urban feel. Public transit options are readily available, supporting a car-light lifestyle for some residents.
Why Choose Barelas
Barelas is ideal for buyers and renters seeking historic charm, cultural authenticity, and urban accessibility at an affordable price point. Its strong community identity and ongoing market activity make it a neighborhood with both character and momentum. Choosing Barelas means investing in one of Albuquerque's foundational neighborhoods with deep cultural significance.
Barelas Market Data
| Metric | Value |
|---|---|
| Median Home Price | $171K |
| Median Gross Rent | $828/mo |
| Median Household Income | $35K |
| Homeownership Rate | 35.3% |
| Renter-Occupied | 64.7% |
| Rental Vacancy Rate | 5.7% |
| Market Type | Balanced |
| Market Tier | Affordable |
| Primary ZIP Code | 87102 |
| Mortgage Originations (2023 HMDA) | |
| Total Mortgage Originations | 595 |
| VA Loan Originations | 29 |
| VA Loan Share | 4.9% |
| Conventional Loan Originations | 501 |
| FHA Loan Originations | 62 |
Top Real Estate Agents in Barelas, Albuquerque
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Barelas, Albuquerque, NM. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: New Mexico Real Estate Commission (NMREC) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2023
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-14