Chelwood Park, Albuquerque, NM
Chelwood Park — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Chelwood Park, Albuquerque, New Mexico. Explore the cited sources and local facts below while agent underwriting continues.
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Chelwood Park Neighborhood Overview
Chelwood Park is a residential neighborhood in Albuquerque, New Mexico, located in Bernalillo County (ZIP 87112). It offers a balanced, mid-range market tier with a notably high walkability score of 16.5 out of 20. The community is characterized by its quiet streets and convenient access to local amenities.
Lifestyle & Amenities
The neighborhood's high walkability fosters a connected, local lifestyle where daily errands are easily accomplished on foot. Residents enjoy proximity to nearby neighborhoods including Sandia Vista, La Cuesta, and Los Campos, all within approximately 1.3 miles. This central location provides a variety of dining and shopping options just a short drive away.
Real Estate Market
The real estate market in Chelwood Park is active, with 1,279 mortgage originations recorded in 2023, the majority being conventional loans. The median home value is $231,800, with a median household income of $63,832. Rental options are available at a median gross rent of $970 per month.
Schools & Education
Families benefit from access to several nearby schools, most notably Chelwood Elementary School located just 0.14 miles away. Other options within a mile include Public Academy for Performing Arts (high school) and Onate Elementary. This concentration of schools makes the neighborhood particularly appealing for those with children.
Transportation & Connectivity
The neighborhood's excellent walkability reduces reliance on cars for local trips. Major roads provide quick connections to other parts of Albuquerque, including the nearby I-40 corridor. This balance of pedestrian-friendly design and vehicular access defines the area's transportation profile.
Why Choose Chelwood Park
Chelwood Park is an ideal choice for those seeking an affordable, walkable community with strong family amenities. Its stable mid-range market, active housing activity, and proximity to quality schools create a compelling value proposition. The neighborhood successfully blends suburban comfort with urban convenience.
Chelwood Park Market Data
| Metric | Value |
|---|---|
| Median Home Price | $232K |
| Median Gross Rent | $970/mo |
| Median Household Income | $64K |
| Homeownership Rate | 60.8% |
| Renter-Occupied | 39.2% |
| Rental Vacancy Rate | 4.8% |
| Market Type | Balanced |
| Market Tier | Mid-Range |
| Primary ZIP Code | 87112 |
| Mortgage Originations (2023 HMDA) | |
| Total Mortgage Originations | 1,279 |
| VA Loan Originations | 101 |
| VA Loan Share | 7.9% |
| Conventional Loan Originations | 980 |
| FHA Loan Originations | 194 |
Top Real Estate Agents in Chelwood Park, Albuquerque
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Chelwood 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