Real Estate details: Albuquerque NM vs Portsmouth VA

RE Insights

Metric Albuquerque Portsmouth
Population 561,008 97,029
Median Home Price $272,000 $265,000
Rent 39% 44%
Own 61% 56%

Real Estate Insights Comparison: Albuquerque vs Portsmouth

  • Albuquerque has a larger population of 561,008 compared to 97,029 in Portsmouth.
  • A higher median home price of $272,000 is found in Albuquerque compared to $265,000 in Portsmouth.
  • The rent percentage in Portsmouth is higher at 44% compared to 39% in Albuquerque.
  • A greater percentage of homeowners in Albuquerque at 61% compared to 56% in Portsmouth.

Environmental Insights

Understanding environmental factors is crucial for assessing the sustainability and quality of life in a city or town. Environmental conditions can vary significantly, influenced by factors such as air quality, green spaces, and local climate. Evaluating these aspects helps in making informed decisions about living and investing in a community.