Real-Time Real Estate Market Report
Albuquerque, NM 87111
Single-Family Homes
Have the Market Insight Before You Buy or Sell
Albuquerque, NM 87111
Thu Sep 17 2026
This week the median list price for Albuquerque, NM 87111 is $505,900 with the market action index hovering around 40. This is an increase over last month's market action index of 39. Inventory has increased to 101.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Market Narrative
In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.
Real-Time Market Profile
| Median List Price | $505,900 | |
| Median Price of New Listings | $799,500 | |
| Per Square Foot | $238 | |
| Average Days on Market | 68 | |
| Median Days on Market | 42 | |
| Price Decreased | 57% | |
| Price Increased | 1% | |
| Relisted | 4% | |
| Inventory | 101 | |
| Median Rent | ||
| Market Action | 40 | |
| Slight Seller's Advantage | ||
In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $972,500 | 3,688 | 0.25 - 0.5 acre | 4 | 3.5 | 28 | 3 | 2 | 31 |
| $650,000 | 2,598 | 0.25 - 0.5 acre | 4 | 2.5 | 43 | 1 | 5 | 70 |
| $465,000 | 2,038 | 8,000 - 10,000 sqft | 3 | 2 | 50 | 1 | 2 | 35 |
| $375,000 | 1,700 | 6,500 - 8,000 sqft | 3 | 2 | 54 | 0 | 4 | 56 |