Pajarito, Albuquerque, NM
Pajarito — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Pajarito, Albuquerque, New Mexico. Explore the cited sources and local facts below while agent underwriting continues.
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Pajarito Neighborhood Overview
Pajarito is an affordable residential neighborhood in Albuquerque's southwestern quadrant, within Bernalillo County and ZIP code 87105. It offers a quiet, community-focused environment with a median household income of $46,124. The area provides a classic Southwestern living experience at a more accessible price point than many other parts of the city.
Lifestyle & Amenities
The neighborhood has a walkability score of 7.7 out of 20, indicating that most errands require a car. Residents enjoy proximity to nearby neighborhoods like Mountainview and the South Valley, which offer additional amenities and services. The area maintains a distinctly residential character with local parks and community spaces.
Real Estate Market
Pajarito is a solidly affordable market, with a median home value of $174,900 and a median gross rent of $905 per month. The market saw significant activity in 2023 with 809 mortgage originations, primarily conventional loans (582), alongside FHA (176) and VA (49) loans. This data indicates a stable and active market for both buyers and investors.
Schools & Education
Families are served by several nearby public schools, including Polk Middle School (0.66 miles away) and Pajarito Elementary (1.4 miles away). Other options within a short drive include Mountain View Elementary, Los Padillas Elementary, Harrison Middle, and Adobe Acres Elementary. This provides a variety of educational choices for residents.
Transportation & Connectivity
Given its lower walkability score, personal vehicle travel is the primary mode of transportation for most residents. Major roadways provide connections to downtown Albuquerque, the greater South Valley, and Interstate 25. The neighborhood's location offers a balance of suburban tranquility and relative accessibility to the city's broader employment and retail centers.
Why Choose Pajarito
Pajarito is an excellent choice for first-time homebuyers, investors, and anyone seeking an affordable entry into the Albuquerque housing market. Its stable real estate activity and lower price point provide significant value. The neighborhood offers a quiet, established community with convenient access to schools and essential services.
Pajarito Market Data
| Metric | Value |
|---|---|
| Median Home Price | $175K |
| Median Gross Rent | $905/mo |
| Median Household Income | $46K |
| Homeownership Rate | 72.6% |
| Renter-Occupied | 27.4% |
| Rental Vacancy Rate | 3.7% |
| Market Type | Seller's |
| Market Tier | Affordable |
| Primary ZIP Code | 87105 |
| Mortgage Originations (2023 HMDA) | |
| Total Mortgage Originations | 809 |
| VA Loan Originations | 49 |
| VA Loan Share | 6.1% |
| Conventional Loan Originations | 582 |
| FHA Loan Originations | 176 |
Top Real Estate Agents in Pajarito, Albuquerque
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Pajarito, 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