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Market Snapshot

Median listing price
$340K

The median listing price in Albuquerque, NM ZIP 87112 is $340,000 as of June 2026.

Median rent
$1,250/mo

The median market rent in Albuquerque, NM ZIP 87112 is $1,250/month as of June 2026.

Days on market
147 days

The median days on market in Albuquerque, NM ZIP 87112 is 147 days as of June 2026. The market is currently neutral.

Gross rental yield
4.41%

At a median list price of $340,000 and a median rent of $1,250/month, the gross rental yield in Albuquerque, NM ZIP 87112 is 4.41% as of June 2026.

STR vs LTR
$2,197/mo STR · $1,250/mo LTR

In Albuquerque, NM ZIP 87112, median Airbnb revenue is $2,197/month compared to median long-term rent of $1,250/month as of June 2026.

Albuquerque, NM 87112 Real Estate Market Report

ZIP Code: 87112

Report Date: June 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.

Analysis Window
12 Months
Total Properties Analyzed
10
Active Listings
8
Sold Properties
2

Market Metrics

Median Listing Price
$340,000
Median Sold Price
$0
Median Price per Sqft
$220/sqft

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

Median Market Rent
$1,250

Property Taxes

Property Tax Rate
0.93%

Liquidity & Velocity

Median Days on Market
147

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.

Price YoY Trend
up
Market Temperature
neutral
Rent YoY Trend
up
Interest Rate Pressure
moderate

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates for properties in Albuquerque NM 87112 are 6.375%, reflecting the prevailing market conditions for this loan type 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 primary indicator of market value—median sold price—is not provided in the available metrics, so actionable interpretation must rely on listing and transaction dynamics while acknowledging that actual sale prices are unavailable for definitive valuation.
  2. The median listing price is $340,000 and, paired with the sample's elevated inventory relative to sales, this suggests pricing friction may be present as seller expectations meet slower absorption in the current market.
  3. The median days on market is 147, which points to slower sales velocity and suggests liquidity is muted despite a neutral market temperature; sellers should expect longer time-to-contract and buyers may achieve greater negotiation leverage.
  4. Local rental demand shows resilience with median market rent at $1,250 and rent year-over-year trend reported as up, while interest rate pressure is moderate and the prevailing 30-year fixed mortgage rate is 6.375%, signaling caution for financing-sensitive buyers and modest upside for buy-to-rent scenarios.

Notable Properties

The following 2 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

12208 Eastridge Dr Ne, Albuquerque, NM 87112
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

3 beds2 baths2,395 sqft
$295,000
Sep 1, 2025
$123/sqft/sqft
312 days on market
1501 Ocean Breeze Dr Ne, Albuquerque, NM 87112
Market Benchmark

Sold at market average

2 beds2 baths1,247 sqft
$255,000
Jan 1, 2026
$204/sqft/sqft
600 days on market

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 6/1/2026

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