Albuquerque, NM Home Values & Market Trends
Real estate market trends reflect that there have been 6,881 transactions over the past year in Albuquerque. The median value for residential home transactions that occurred over the previous year is $363,260. The number of current listings in Albuquerque is 9,721, and the percentage of properties for sale in the city is 9721.00%. Albuquerque, NM currently has 333 properties in foreclosure, 46 bank owned properties, 56 properties headed for auction, and 9,721 properties for sale.
Albuquerque, NM Real Estate Market Overview
| Zip | Median Est. Value | Zip | Median Est. Value |
|---|---|---|---|
| 87120 | $ 375,693 $ 211/sqft | 87107 | $ 386,035 $ 241/sqft |
| 87114 | $ 376,280 $ 204/sqft | 87108 | $ 294,875 $ 206/sqft |
| 87111 | $ 450,000 $ 237/sqft | 87106 | $ 419,462 $ 243/sqft |
| 87121 | $ 302,962 $ 200/sqft | 87113 | $ 442,562 $ 244/sqft |
| 87112 | $ 323,316 $ 211/sqft | 87102 | $ 278,364 $ 246/sqft |
| 87110 | $ 340,000 $ 211/sqft | 87104 | $ 400,000 $ 259/sqft |
| 87123 | $ 350,000 $ 208/sqft | 87116 | $ -- $ -- |
| 87109 | $ 384,608 $ 219/sqft | 87151 | $ -- $ -- |
| 87105 | $ 281,688 $ 194/sqft | 87119 | $ -- $ -- |
| 87122 | $ 773,216 $ 273/sqft |
Housing Market Summary for Albuquerque, NM
| Oct 2025 | October 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $366.2K | $368.5K | 0.64% |
| Median Sold Price | $355.4K | $331.9K | -6.62% |
| Homes For Sale | 7,280 | 9,723 | 33.56% |
| Homes Sold | 2,803 | 3,209 | 14.48% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Albuquerque, NM
Browse Homes in Albuquerque, NM
Albuquerque home values range from $62,716 to $3,495,000. The median estimated value of a home in Albuquerque is $363,260. The median list price of a home is 368,287.421, and the total count of properties in the city is 13,554.
- Pre-ForeclosurePre-foreclosure homes account for 1.70% of all residential properties in Albuquerque, NM with 87121 containing 51 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 $573,220 in 87122 to the lowest home value of $62,716 in 87108.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Albuquerque, NM ranges from the highest value of $402,487 in 87122 to the lowest value of $104,726 in 87109. Bank owned homes and properties account for 0.34% of properties in Albuquerque, NM. There are 19 zips within Albuquerque, NM; 87105 containing 7 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions87121 has 17 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 0.41% 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 $337,360 in 87120 to the lowest value of $111,311 in 87120.
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More Real Estate Resources for Albuquerque, NM
Guide for Albuquerque, NM
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 […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
