Market Snapshot
- Median listing price
- $453K
- Median rent
- $1,495/mo
- Days on market
- 179 days
- Gross rental yield
- 3.96%
- STR vs LTR
- $1,774/mo STR · $1,495/mo LTR
The median listing price in Albuquerque, NM ZIP 87106 is $452,500 as of June 2026.
The median market rent in Albuquerque, NM ZIP 87106 is $1,495/month as of June 2026.
The median days on market in Albuquerque, NM ZIP 87106 is 179 days as of June 2026. The market is currently neutral.
At a median list price of $452,500 and a median rent of $1,495/month, the gross rental yield in Albuquerque, NM ZIP 87106 is 3.96% as of June 2026.
In Albuquerque, NM ZIP 87106, median Airbnb revenue is $1,774/month compared to median long-term rent of $1,495/month as of June 2026.
Albuquerque, NM 87106 Real Estate Market Report
ZIP Code: 87106
Report Date: June 2026
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.
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.
Market Metrics
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.
Rental Market
Property Taxes
Liquidity & Velocity
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 approximately 6.375%, reflecting the prevailing market environment for property owners in this area.
Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.
Key Findings
- median sold price is the primary indicator of current market value and liquidity, but a recent median sold price is not available in the provided metrics—this absence may reflect limited closed-sales data in the sample or reporting lag in transaction records, so rely on listing-side and trend context for near-term valuation signals.
- median listing price of 452,500, combined with a median price per square foot of 229, and a up price year-over-year trend, suggests modest appreciation pressure on asking prices even as actual transaction data may lag.
- median days on market of 179 signals slower sales velocity, which, together with the sample information, indicates elevated inventory relative to sales and potential pricing friction that may prolong time-to-close.
- interest rate pressure is elevated, with prevailing local 30-year fixed mortgage rates at approximately 6.375%, a material affordability headwind that may sustain buyer caution and temper price momentum.
- median market rent of 1,495 and a flat rent year-over-year trend indicate rental income is steady but not strengthening, reducing near-term upside from buy-to-rent dynamics for investors evaluating Albuquerque 87106.
Notable Properties
The following 1 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.
Recent Transactions
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 6/1/2026
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