Netherwood Park, Albuquerque, NM
Netherwood Park — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Netherwood Park, Albuquerque, New Mexico. Explore the cited sources and local facts below while agent underwriting continues.
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Netherwood Park Neighborhood Overview
Netherwood Park is a residential neighborhood in Albuquerque, New Mexico, located in Bernalillo County (ZIP code 87106). It offers a balanced, mid-range market with a median household income of $50,999. The area provides convenient access to several nearby neighborhoods, including the vibrant Nob Hill district just 1.59 miles away.
Lifestyle & Amenities
Residents enjoy a notably walkable environment, with the neighborhood scoring 16.0 out of 20 on the EPA National Walkability Index. This pedestrian-friendly design encourages local errands and neighborly interaction. Its central location places it within a short drive of dining, shopping, and entertainment in adjacent areas.
Real Estate Market
The Netherwood Park real estate market is active, with 663 mortgage originations recorded in 2023. The median home value is $311,600, while the median gross rent is $859 per month. Conventional loans made up the majority of recent activity with 574 originations, alongside 39 VA and 49 FHA loans.
Schools & Education
The neighborhood is served by several nearby schools, including Montezuma Elementary (0.45 miles) and Jefferson Middle School (1.07 miles). For high school, options include Albuquerque High (1.16 miles) and the Digital Arts and Technology Academy (1.07 miles). The area also provides access to unique institutions like the UNM Mimbres School.
Transportation & Connectivity
Its high walkability score underscores excellent local access for daily needs. Major roadways provide quick connections to Downtown Albuquerque (2.18 miles) and other central districts. This connectivity supports an efficient commute for residents working in the city's core employment centers.
Why Choose Netherwood Park
Netherwood Park presents an attractive value proposition for buyers seeking an established, walkable community at a mid-range price point. The combination of solid home values, reasonable rents, and active housing market indicates a stable and desirable location. Its proximity to key amenities and major neighborhoods like Nob Hill makes it a practical and connected choice for Albuquerque living.
Netherwood Park Market Data
| Metric | Value |
|---|---|
| Median Home Price | $312K |
| Median Gross Rent | $859/mo |
| Median Household Income | $51K |
| Homeownership Rate | 41.5% |
| Renter-Occupied | 58.5% |
| Rental Vacancy Rate | 11.9% |
| Market Type | Buyer's |
| Market Tier | Mid-Range |
| Primary ZIP Code | 87106 |
| Mortgage Originations (2023 HMDA) | |
| Total Mortgage Originations | 663 |
| VA Loan Originations | 39 |
| VA Loan Share | 5.9% |
| Conventional Loan Originations | 574 |
| FHA Loan Originations | 49 |
Top Real Estate Agents in Netherwood Park, Albuquerque
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Netherwood 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