Market Snapshot
- Median listing price
- $360K
- Median rent
- $1,340/mo
- Days on market
- 148 days
- Gross rental yield
- 4.47%
- STR vs LTR
- $1,202/mo STR · $1,340/mo LTR
The median listing price in Albuquerque, NM ZIP 87110 is $359,950 as of June 2026.
The median market rent in Albuquerque, NM ZIP 87110 is $1,340/month as of June 2026.
The median days on market in Albuquerque, NM ZIP 87110 is 148 days as of June 2026. The market is currently neutral.
At a median list price of $359,950 and a median rent of $1,340/month, the gross rental yield in Albuquerque, NM ZIP 87110 is 4.47% as of June 2026.
In Albuquerque, NM ZIP 87110, median Airbnb revenue is $1,202/month compared to median long-term rent of $1,340/month as of June 2026.
Albuquerque, NM 87110 Real Estate Market Report
ZIP Code: 87110
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
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.
Property Taxes
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.
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 87110 are approximately 6.375%, reflecting a market where rates have fluctuated significantly throughout 2026.
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 unavailable in the provided metrics, so there is no direct sample-based transaction price to anchor current market value; this absence limits transaction-driven valuation signals and suggests reliance on listing-side and trend indicators instead. neutral
- median listing price is $359,950 while the median days on market is 148, indicating notable pricing friction and slower sales velocity that may cause sellers to adjust expectations or extend marketing timelines. stable-to-cool
- The analyzed sample shows excess supply relative to sales activity, which, combined with long days on market, suggests moderate transaction volume and elevated inventory pressure that may constrain rapid price appreciation despite an upward price trend. balanced-to-cooling
- Broader indicators show prices are up year-over-year while rent year-over-year trend is down and interest rate pressure is elevated; with current 30-year fixed mortgage rates around 6.375%, financing headwinds may temper buyer urgency and support the observed increase in price reductions. elevated
Notable Properties
The following 4 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.
Sold below market average
Sold below market average
Sold below market average
Investment Analysis
Compare rental income potential against ownership costs and benchmark against market averages.
Monthly rental income vs estimated ownership cost
20% down, 6.53% rate, 0.8% tax
Avg nightly rate and occupancy for this ZIP
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 6/1/2026
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