Albuquerque, NM 87105 Real Estate Market Report

ZIP Code: 87105
Report Date: April 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.

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Key Findings

1. median sold price is not available in the provided metrics, which means recent transaction-level pricing must be interpreted using listing-side and sample liquidity indicators rather than a direct sold-price benchmark; this absence may reflect limited closed-sale reporting in the analyzed sample.

2. median listing price: 289,950 suggests current asking-level positioning in the market, and when combined with neutral market temperature and observed slower sales velocity, it may indicate pricing friction between seller expectations and completed transactions.

3. median days on market: 141 indicates extended marketing times and slower transaction velocity in the sample, which, alongside elevated inventory relative to sales activity, suggests buyers may have increased negotiation leverage or that sellers need more time to reach contract.

4. price year-over-year trend: up and rent year-over-year trend: down together imply appreciation in sale-side pricing while rental demand or rent levels have softened; with interest rate pressure: elevated, underwriting and carry costs remain a headwind for buyers and investors, so prioritize deals with clear cashflow or price-insulation strategies.

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Notable Properties

The following 3 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.