Albuquerque, NM 87114 Real Estate Market Report

ZIP Code: 87114
Report Date: April 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.

---

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.

---

Rental Market

---

Property Taxes

---

Liquidity & Velocity

---

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.

---

Key Findings

1. median sold price is unavailable in the provided metrics, which suggests recent closed-transaction data for this sample may be limited or not yet reported; without a published median sold price, use listing-side and price-per-square-foot signals cautiously when assessing realized market value.

2. median listing price: 464,500 combined with median price per square foot: 219 points to price stability and modest appreciation in the ZIP code; the broader price trend is up, which supports seller-favorable pricing dynamics despite a neutral market temperature.

3. median days on market: 74 indicates slower sales velocity relative to fast-moving markets and may reflect some pricing friction or buyer deliberation; market temperature is described as neutral, suggesting balanced conditions rather than a strong one-sided market, and interest rate pressure is moderate, which may constrain some buyer activity.

4. median market rent: 1,980 is shown alongside a rent year-over-year trend that is down, implying softer rental growth even as demand remains described as strong in broader context; investors should weigh stabilizing sale prices against declining short-term rent momentum.

---

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.