Albuquerque, NM 87106 Real Estate Market Report

ZIP Code: 87106
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

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Property Taxes

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Liquidity & Velocity

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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 the primary indicator of market value and recent transaction activity, but a median sold price is not present in the provided metrics; this likely reflects insufficient closed-sale data in the sample or a timing gap in transaction reporting, so rely on listed-price and liquidity signals instead. contextual note

2. median listing price: $405,000 combined with a neutral market temperature suggests asking-price positioning is consistent with a balanced market where sellers and buyers are negotiating rather than one side dominating.

3. median days on market: 134 indicates slower sales velocity, which, when paired with qualitative descriptions of inventory, may indicate pricing friction or longer negotiation cycles rather than immediate turnover.

4. median market rent: $1,650 with a rent year-over-year trend of up signals strengthening rental demand that can support investor interest and reduce downside risk for buy-and-hold strategies in the area.

5. interest rate pressure: moderate and a price year-over-year trend of up suggest buyers are proceeding selectively; pricing discipline and targeted concessions may be effective for sellers while purchasers should expect measured competition rather than frenzied bidding.

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Notable Properties

The following 8 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.