Albuquerque, NM 87111 Real Estate Market Report

ZIP Code: 87111
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

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.

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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.

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Key Findings

1. The primary indicator of market value is the median sold price, which is currently unavailable in the provided metrics; this absence may reflect the small sample of recent closed transactions or reporting lags in the dataset. contextual

2. Current listing-side signals show a median listing price $434,000 alongside a long median days on market 145, which suggests pricing friction and slower sales velocity; this occurs while price year-over-year trend is up, indicating modest appreciation pressure despite slower turnover.

3. Valuation benchmarking is anchored by a median price per square foot $234, and with market temperature described as neutral, the negotiation environment appears balanced rather than one-sided.

4. Rental and macro signals show a median market rent $1,475 with rent year-over-year trend down, while interest rate pressure is moderate (moderate); together these factors may soften investor demand and limit immediate buyer urgency.

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Notable Properties

The following 5 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.