Real-Time Real Estate Market Report

Albuquerque, NM 87104

Single-Family Homes

Have the Market Insight Before You Buy or Sell



Albuquerque, NM 87104

Thu Sep 10 2026
This week the median list price for Albuquerque, NM 87104 is $529,900 with the market action index hovering around 30. This is less than last month's market action index of 33. Inventory has increased to 41. Click here to stay informed with the Albuquerque market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has settled in at a relative stasis in inventory and sales conditions. It's a Buyer's market that has seen prices trend lower. Expect that consistent up trends in demand will be required before price trends change significantly.

Albuquerque, NM 87104

Thu Sep 10 2026
This week the median list price for Albuquerque, NM 87104 is $529,900 with the market action index hovering around 30. This is less than last month's market action index of 33. Inventory has increased to 41. Click here to stay informed with the Albuquerque market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has settled in at a relative stasis in inventory and sales conditions. It's a Buyer's market that has seen prices trend lower. Expect that consistent up trends in demand will be required before price trends change significantly.

Real-Time Market Profile

Never miss important changes in the Albuquerque market.
Median List Price $529,900
Median Price of New Listings $399,000
Per Square Foot $255
Average Days on Market 113
Median Days on Market 91
Price Decreased 56%
Price Increased 0%
Relisted 12%
Inventory 41
Median Rent
Market Action 30
Slight Seller's Advantage

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$889,000 3,114 0.25 - 0.5 acre 4 3 18 0 0 105
$650,000 2,197 0.25 - 0.5 acre 3 3 59 0 1 101
$449,999 2,094 8,000 - 10,000 sqft 3 2 65 0 2 56
$326,250 1,300 4,500 - 6,500 sqft 3 2 90 1 0 91