Albuquerque, NM Home Values & Market Trends

Real estate market trends reflect that there have been 6,908 transactions over the past year in Albuquerque. The median value for residential home transactions that occurred over the previous year is $363,810. The number of current listings in Albuquerque is 9,605, and the percentage of properties for sale in the city is 9605.00%. Albuquerque, NM currently has 338 properties in foreclosure, 43 bank owned properties, 58 properties headed for auction, and 9,605 properties for sale.

Albuquerque, NM Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
87120

$ 378,018

$ 211/sqft

87107

$ 387,500

$ 240/sqft

87114

$ 375,479

$ 202/sqft

87108

$ 295,087

$ 207/sqft

87111

$ 450,000

$ 237/sqft

87106

$ 422,030

$ 244/sqft

87121

$ 302,408

$ 201/sqft

87113

$ 445,000

$ 244/sqft

87112

$ 322,456

$ 211/sqft

87102

$ 278,535

$ 239/sqft

87110

$ 340,383

$ 210/sqft

87104

$ 414,016

$ 257/sqft

87123

$ 347,754

$ 208/sqft

87116

$ --

$ --

87109

$ 385,549

$ 219/sqft

87151

$ --

$ --

87105

$ 280,817

$ 195/sqft

87119

$ --

$ --

87122

$ 775,819

$ 271/sqft

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Housing Market Summary for Albuquerque, NM

Sep 2025September 2026Change
Median Listing Price$367.3K$369.1K0.50%
Median Sold Price$358.6K$333.7K-6.94%
Homes For Sale6,5519,43243.98%
Homes Sold3,1073,3066.40%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Albuquerque, NM

Albuquerque home values range from $80,777 to $3,495,000. The median estimated value of a home in Albuquerque is $363,810. The median list price of a home is 368,947.569, and the total count of properties in the city is 13,376.

Foreclosure
There are 19 zips within Albuquerque, NM; within these zips, the median estimated home value for homes in foreclosure ranges from $836,259 in 87109 to the lowest value of $105,973 in 87109. Foreclosure homes account for 2.00% of properties in Albuquerque, NM with 87121 containing 63 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 1.77% of all residential properties in Albuquerque, NM with 87121 containing 43 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 19 zips within Albuquerque, NM; of those zips, the estimated home value for pre-foreclosure homes ranges from $375,000 in 87122 to the lowest home value of $141,212 in 87105.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Albuquerque, NM ranges from the highest value of $469,392 in 87122 to the lowest value of $105,973 in 87109. Bank owned homes and properties account for 0.32% of properties in Albuquerque, NM. There are 19 zips within Albuquerque, NM; 87120 containing 7 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    87121 has 18 auction properties, the highest number of properties going to auction in a single zip in the state of Albuquerque, NM. Auction homes and other auction properties account for 0.43% of all properties in Albuquerque, NM. There are 19 zips within Albuquerque, NM; of those zips, the median estimated home value for homes going to auction ranges from $607,513 in 87120 to the lowest value of $172,503 in 87120.
Homes for Sale
Homes and properties that are actively listed for sale account for 71.81% of residential properties in Albuquerque, NM with 87120 containing 1308 homes for sale, the highest number of listed properties in a single zip. There are 19 zips within Albuquerque, NM; homes for sale in those zips, have a range of median values from $2,561,504 in 87122 to the lowest value of $80,777 in 87109.
    Sold Homes
    The median value for recently sold homes ranges from $2,144,121 in 87122 to the lowest price of $85,504 in 87122. There are 19 zips within Albuquerque, NM. 87111 has 346 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 23.14% of properties in Albuquerque, NM.

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      Guide for Albuquerque, NM

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.