87114 Home Values & Market Trends

There are 113 homes currently listed for 87114. 87114 real estate market trends show that home prices range from $80,000 to $1,299,990, and the median sales price in the 87114 zip code is $356,344.47. The total number of properties sold within the past twelve months is 717. In 87114, 19 properties are in foreclosure, 3 are bank owned properties,and 4 are headed for auction.

87114 Real Estate Market Overview

CityMedian Est. Value
Albuquerque

$ 360,000

$ 200/sqft

Housing Market Summary for 87114

Apr 2023March 2024Change
Median Listing Price$360K$342.6K-4.84%
Median Sold Price$359.9K$342.6K-4.83%
Homes For Sale7910735.44%
Homes Sold462402-12.99%
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 87114

The median list price of a home in Albuquerque, is $356,344.47. A total of 113 properties are for sale, and the percentage of properties for sale in the zip code is 113.00%. The total count of 87114 properties is 21,185.

Foreclosure
There is 1 cities within 87114; within this cities, the median estimated home value for homes in foreclosure ranges from $840,136 in albuquerque to the lowest value of $117,264 in albuquerque. Foreclosure homes account for 0.00% of properties in 87114 with albuquerque containing 196 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.06% of all residential properties in 87114 with albuquerque containing 133 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 87114; of that cities, the estimated home value for pre-foreclosure homes ranges from $785,500 in albuquerque to the lowest home value of $117,264 in albuquerque.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 87114 ranges from the highest value of $840,136 in albuquerque to the lowest value of $214,701 in albuquerque. Bank owned homes and properties account for 0.01% of properties in 87114. There is 1 cities within 87114; albuquerque containing 30 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    albuquerque has 33 auction properties, the highest number of properties going to auction in a single city in the state of 87114. Auction homes and other auction properties account for 0.02% of all properties in 87114. There is 1 cities within 87114; of that cities, the median estimated home value for homes going to auction ranges from $521,250 in albuquerque to the lowest value of $135,751 in albuquerque.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.53% of residential properties in 87114 with albuquerque containing 826 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 87114; homes for sale in that cities, have a range of median values from $3,900,000 in albuquerque to the lowest value of $80,000 in albuquerque.
    Sold Homes
    The median value for recently sold homes ranges from $2,716,250 in albuquerque to the lowest price of $30,903 in albuquerque. There is 1 cities within 87114. albuquerque has 3779 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.02% of properties in 87114.

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      Guide for 87114

      gavel for real estate auction
      Home Buying Guides & Tips
      New Mexico Foreclosure Laws
      A new house being built
      Investment Financing
      What Type of Loan Is Best for First-Time Home Buyers?
      Home Buying Financing
      What To Consider Before Renting a RTO Home
      Market Reports
      Charleston Real Estate Market Stabilizes in March 2024 Amid Fluctuations
      See More Articles
      gavel for real estate auction
      New Mexico Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Learn more about the New Mexico foreclosure laws, the NM judicial foreclosure process and timelines on RealtyTrac

      A new house being built
      What Type of Loan Is Best for First-Time Home Buyers?
      Investment Financing|posted 9 April 2024

      Buying a new home is an important milestone for many. But how do you make sure you pick the right mortgage?

      What To Consider Before Renting a RTO Home
      Home Buying Financing|posted 5 April 2024

      RTO homes can sometimes be tricky to understand. Here are the questions you should if you are considering a rent-to-own property.

      Charleston Real Estate Market Stabilizes in March 2024 Amid Fluctuations
      Market Reports|posted 4 April 2024

      The Charleston real estate market has displayed notable fluctuations in property values, with trends for sales volume, square foot costs, and average sale price showing a general upward trajectory.

      Recently Listed Homes 87114

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