Albuquerque, NM 87109 Real Estate Market Report

ZIP Code: 87109
Report Date: April 2026
Market Temperature: HOT
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 Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

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Key Findings

1. Median sold price unavailable — a recent sample did not include a reliable median sold price, so direct transaction-level valuation is not present; this absence may reflect limited closed-sales data in the analyzed sample and should prompt use of corroborating comps or an expanded sales sample when setting offer strategies.

2. Median listing price $381,000 indicates asking prices sit at this level while transaction confirmation is pending; combined with a hot market temperature, this suggests seller-side pricing power and that listing price expectations may remain elevated relative to recent closed sales.

3. Median days on market 65 points to a slower sales velocity than very fast-turn markets and may indicate some pricing friction between buyer bids and seller expectations despite the hot market temperature; sellers should be prepared for modest marketing time, and buyers may use inspection or contingency timing to negotiate.

4. Median price per square foot $220 and median market rent $1,750 provide current valuation anchors for both purchase and rental comparisons while recognizing rent trends are down; investors should treat rental income projections cautiously and prioritize actual rent comps over trend extrapolation due to the rent year-over-year decline.

5. Price trend is up and interest rate pressure elevated — the market shows upward price momentum but faces cost-of-capital headwinds (elevated interest rate pressure); this combination may sustain competitive pricing in the short term but could limit buyer pool expansion until financing costs moderate.

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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.