BMF- How much have Abq and Rio Rancho home values increased over the past five years?
In this Bickel Market Factor, Jeffrey Bickel examines FHFA repeat-sales data from 2020 through 2025. Unlike median sales prices—which can change depending on the mix of homes sold—the FHFA House Price Index follows repeat transactions involving the same properties. We break down five-year appreciation by ZIP code and walk through a real-world example in Albuquerque’s 87114 ZIP. The COVID-era housing market was unusual, with low mortgage rates, limited inventory and strong demand. But the appreciation measured during that period was real—and the FHFA data lets us evaluate it without relying solely on changing median prices. Want to know how your ZIP code performed? Leave it in the comments or visit: bickelrealestate.com Source: Federal Housing Finance Agency Five-Digit ZIP House Price Index and U.S. Bureau of Labor Statistics CPI-U.
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