Neighborhood Profile

Desert Spring Flower

Albuquerque, NM | Bernalillo County
Scored premium profile
Best Neighborhoods USA Index
45.0
National rank: #9,399 of 14,967
Stability and Strength
36.6
Score
Value Opportunity
39.0
Score
Momentum
66.6
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationAlbuquerque, NM
CountyBernalillo County
National rank#9,399 of 14,967
State rank#160 of 222
City rank#134 of 187
County rank#134 of 187
National percentile37.2
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$283,116
Year-over-year home value change2.7%
Month-over-month home value change0.13%
Home value to income ratio5.34
Median household income$53,050
Bachelor's degree or higher12.2%
Civilian unemployment rate6.4%
Homeownership rate85.2%
Housing vacancy rate2.3%
Rent burden 30% or higher74.8%

How to read this profile

  • Ranks are always shown with denominators.
  • Momentum reflects both year-over-year and month-over-month housing change.
  • Stability and Strength and Value Opportunity are governed composite scores.
  • Identity composition is descriptive intelligence and is not a scoring component.
Questions and Answers

Questions About Living in Desert Spring Flower

What is the Best Neighborhoods USA ranking for Desert Spring Flower?

Desert Spring Flower is ranked #134 of 187 eligible neighborhoods in Albuquerque; #160 of 222 eligible neighborhoods in NM; and #9,399 of 14,967 eligible neighborhoods in the United States.

Is Desert Spring Flower one of the best neighborhoods in Albuquerque?

Desert Spring Flower has a Best Neighborhoods USA Index of 45.0 and a city ranking of #134 of 187 eligible neighborhoods in Albuquerque.

How much are homes worth in Desert Spring Flower?

The current Zillow Home Value Index for Desert Spring Flower is approximately $283,116.

Are home values rising or falling in Desert Spring Flower?

Zillow neighborhood values changed 2.7% year over year and 0.13% month over month.

What is the Neighborhood Momentum Score for Desert Spring Flower?

Desert Spring Flower has a Neighborhood Momentum Score of 66.6. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Desert Spring Flower?

The NDS-derived neighborhood median household income is approximately $53,050.

How affordable is Desert Spring Flower relative to household income?

The current Zillow home-value-to-household-income ratio is 5.34. Price-to-income affordability is a major Value Opportunity input.

Is Desert Spring Flower primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 85.2%.

What is the unemployment rate in Desert Spring Flower?

The NDS-derived civilian unemployment rate is approximately 6.4%.

How educated are residents of Desert Spring Flower?

Approximately 12.2% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Desert Spring Flower face high rent burden?

Approximately 74.8% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.

How does Best Neighborhoods USA score Desert Spring Flower?

The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.

Governed ranking context

How this neighborhood ranks

HMDA Mortgage Intelligence

Neighborhood Mortgage Market

FULL_OR_NEAR_FULL

Modeled neighborhood-level mortgage activity allocated from governed HMDA tract data using Zillow neighborhood geometry. These neighborhood values are nonadditive and do not enter the Best Neighborhoods USA Index.

Activity year2024
Estimated applications84
Estimated originations42
Home-purchase applications50
Origination rate50.0%
Home-purchase share59.7%
Average application loan$118,684
Total application loan amount$9,928,103
National application rank#5,045 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 21.2% YoY; originations -0.0% YoY
Mortgage methodology

HMDA is natively reported at tract and other lender-reporting geographies, not Zillow neighborhood or ZIP geography. This module uses the certified NDS HMDA-to-Zillow tract-vintage crosswalk and area-weighted allocation. Rankings require governed geometry coverage. Applicant demographics are excluded. Neighborhood values may overlap and must not be summed to reconstruct ZIP or national totals.