Albuquerque, NM 87109 Real Estate Market Report

ZIP Code: 87109
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.

---

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

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.

---

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 6.25%, which is 0.25% higher than the 6.0% rates typical for loans originated earlier in 2026.

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

---

Key Findings

1. The neighborhood's primary market indicator, the median sold price, is not present in the provided metrics, which may reflect reporting lag or limited recent closed sales in the analyzed sample; as context, median listing price: $375,000 provides the best available asking-price reference.

2. The median days on market: 82 suggests slower sales velocity and potential pricing friction as homes are taking longer to sell; this longer time-to-contract may indicate increased buyer negotiating leverage.

3. Pricing trends are mixed: year-over-year price direction is up (up) while market temperature is neutral (neutral); note interest-rate context is elevated with Current 30-year fixed mortgage rates in Albuquerque NM are 6.25%, which is 0.25% higher than the 6.0% rates typical for loans originated earlier in 2026. and interest rate pressure is moderate (moderate), which together suggest modest upward price pressure tempered by financing headwinds.

4. Rental market signals show softening rent trends: median market rent: $1,284 combined with rent year-over-year trend down (down) and may signal weaker near-term rental income growth for investors; this aligns with a more balanced for-sale market rather than a rent-driven surge.

---

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.