Albuquerque, NM 87105 Real Estate Market Report

ZIP Code: 87105
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Albuquerque, NM, are 6.30% compared to the 5.87% average seen in February 2026, indicating a rise in borrowing costs for property owners in this market.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. The median sold price is not provided in the supplied metrics, which limits direct transaction-value tracking; its absence likely reflects that a representative median from recent closed sales was not available in the analyzed dataset, so interpretation must rely on listing-side metrics and trend signals instead.

2. The median listing price is $310,000, which—combined with a median price per square foot of $189—suggests listed supply sits at a moderate value tier; with a up year-over-year price trend, this indicates ongoing moderate price appreciation even though sold-price confirmation is unavailable.

3. The median days on market is 207, indicating slower sales velocity and meaningful pricing friction between listing and final sale timing; this longer market exposure may suggest buyers are pacing decisions or that price adjustments are needed to accelerate closings.

4. Inventory appears as elevated inventory relative to sales activity in the analyzed sample, while the broader market is neutral in temperature. Interest-rate conditions show moderate interest rate pressure, and notably current 30-year fixed mortgage rates in Albuquerque, NM, are 6.30% compared to the 5.87% average seen in February 2026, which may temper buyer purchasing power and contribute to the observed slower velocity and elevated supply tone.

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Notable Properties

The following 4 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.