Albuquerque, NM 87110 Real Estate Market Report

ZIP Code: 87110
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.

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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

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.

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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.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates for properties in Albuquerque 87110 average 6.3%, which is higher than the 5.99% rates observed in early 2026.

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

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Key Findings

1. median sold price is not available in the provided metrics; the dataset appears to be sample-based and therefore a representative median sold price for ZIP 87110 cannot be reported from these inputs (unavailable in provided metrics), which limits transaction-based valuation conclusions.

2. median listing price — $329,999 provides the primary listing-side snapshot of seller expectations; with sold-price data missing, treat this as a listing-based indicator rather than a confirmed market transaction value (listing-based snapshot).

3. median days on market — 89 suggests slower sales velocity relative to faster-turn markets and may indicate pricing friction or longer negotiation windows; this appears consistent with the sample showing elevated inventory relative to sales activity (moderate/slow sales velocity).

4. price year-over-year trend — up combined with market temperature — neutral implies modest price appreciation without an overheated market; note that interest rate pressure — moderate and the local mortgage comparison (Current average 30-year fixed ~6.3% vs earlier 5.99%) may be tempering demand and contributing to a cautious balance between buyers and sellers (moderate interest rate pressure).

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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.