Real-Time Real Estate Market Report

Albuquerque, NM 87104

Single-Family Homes

Have the Market Insight Before You Buy or Sell



Albuquerque, NM 87104

Wed Aug 12 2026
This week the median list price for Albuquerque, NM 87104 is $609,450 with the market action index hovering around 33. This is less than last month's market action index of 36. Inventory has increased to 38. 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 Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Albuquerque, NM 87104

Wed Aug 12 2026
This week the median list price for Albuquerque, NM 87104 is $609,450 with the market action index hovering around 33. This is less than last month's market action index of 36. Inventory has increased to 38. 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 Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Albuquerque market.
Median List Price $609,450
Median Price of New Listings $650,000
Per Square Foot $254
Average Days on Market 113
Median Days on Market 74
Price Decreased 53%
Price Increased 0%
Relisted 11%
Inventory 38
Median Rent
Market Action 33
Slight Seller's Advantage

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

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
$899,450 3,497 0.25 - 0.5 acre 4 3.3 14 0 0 126
$730,000 2,699 0.25 - 0.5 acre 3 3 52 1 0 77
$499,500 2,287 6,500 - 8,000 sqft 3 2 71 0 0 31
$335,000 1,323 6,500 - 8,000 sqft 3 2 90 0 1 63