Albuquerque, NM 87112 Real Estate Market Report

ZIP Code: 87112
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.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Albuquerque NM 87112 are 6.25%, 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.

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Key Findings

1. median sold price is the primary indicator of market value and recent transaction activity; however, a median sold price value is not provided in the available metrics for this report, so recent transaction-level valuation must be interpreted using other supplied indicators.

2. The market shows a price trend of up, with year-over-year pricing pressure characterized as up, while the overall market temperature is neutral which suggests a generally balanced market environment rather than a clear buyer- or seller-dominant condition; this combination may indicate selective appreciation rather than broad-based rapid gains.

3. Observed market velocity is slower than typical for fast-moving markets: the median days on market is 112, which points to extended listing durations and implies pricing friction or longer decision cycles for buyers; alongside elevated interest rate pressure (current rates noted at 6.25%), this may weigh on transaction acceleration. elevated interest rate pressure

4. Supply and rental dynamics are mixed: sample evidence indicates elevated inventory relative to sales activity, and the median market rent is 1,204 with rent year-over-year trend down, suggesting softening rental demand or pricing even as for-sale pricing trends remain mildly positive; investors should factor in softer rent trends when modeling near-term cash flow.

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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.