Candlelight Park, Albuquerque, NM
Candlelight Park — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Candlelight Park, Albuquerque, New Mexico. Explore the cited sources and local facts below while agent underwriting continues.
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Candlelight Park Neighborhood Overview
Candlelight Park is a residential neighborhood in Albuquerque, New Mexico, located within Bernalillo County and ZIP code 87111. It is a mid-range market community characterized by its central location and proximity to several other established neighborhoods like La Reina de Los Altos and Holiday Park.
Lifestyle & Amenities
The neighborhood offers a moderately walkable environment, scoring a 15.0 out of 20 on the EPA National Walkability Index. Residents enjoy convenient access to local parks, shopping, and dining options within a short drive of the area's quiet streets.
Real Estate Market
Candlelight Park features a stable real estate market with a median home value of $330,300 and a median household income of $80,358. In 2023, the area saw 1,075 mortgage originations, predominantly conventional loans, indicating strong buyer activity.
Schools & Education
Families are served by several nearby schools, including Mitchell Elementary and Matheson Park Elementary. Southwest Preparatory Learning Center and Southwest Secondary Learning Center are also within half a mile, with Eldorado High School nearby.
Transportation & Connectivity
The area provides good vehicular access to major Albuquerque thoroughfares, facilitating commutes across the city. The walkability score suggests some errands can be done on foot, but most residents rely on personal vehicles for daily transportation.
Why Choose Candlelight Park
This neighborhood is an ideal choice for those seeking an affordable, established community with a median gross rent of $1,231 per month. It offers a balanced lifestyle with decent walkability, solid school options, and a stable housing market for buyers and renters alike.
Candlelight Park Market Data
| Metric | Value |
|---|---|
| Median Home Price | $330K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $80K |
| Homeownership Rate | 61.4% |
| Renter-Occupied | 38.6% |
| Rental Vacancy Rate | 4.9% |
| Market Type | Balanced |
| Market Tier | Mid-Range |
| Primary ZIP Code | 87111 |
| Mortgage Originations (2023 HMDA) | |
| Total Mortgage Originations | 1,075 |
| VA Loan Originations | 83 |
| VA Loan Share | 7.7% |
| Conventional Loan Originations | 897 |
| FHA Loan Originations | 95 |
Top Real Estate Agents in Candlelight Park, Albuquerque
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Candlelight Park, 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