Real-Time Real Estate Market Report
Albuquerque, NM 87104
Single-Family Homes
Have the Market Insight Before You Buy or Sell
Albuquerque, NM 87104
Tue May 26 2026
This week the median list price for Albuquerque, NM 87104 is $625,000 with the market action index hovering around 37. This is an increase over last month's market action index of 35. Inventory has increased to 35.
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 been cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.
Real-Time Market Profile
| Median List Price | $625,000 | |
| Median Price of New Listings | $750,000 | |
| Per Square Foot | $270 | |
| Average Days on Market | 101 | |
| Median Days on Market | 56 | |
| Price Decreased | 40% | |
| Price Increased | 0% | |
| Relisted | 9% | |
| Inventory | 35 | |
| Median Rent | ||
| Market Action | 37 | |
| Slight Seller's Advantage | ||
The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.
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 |
|---|---|---|---|---|---|---|---|---|
| $898,500 | 3,303 | 0.25 - 0.5 acre | 4 | 3 | 11 | 1 | 0 | 77 |
| $765,000 | 2,652 | 0.25 - 0.5 acre | 3 | 2.5 | 33 | 2 | 1 | 28 |
| $425,000 | 1,899 | 8,000 - 10,000 sqft | 3 | 2 | 82 | 1 | 1 | 21 |
| $327,450 | 1,379 | 4,500 - 6,500 sqft | 3 | 2 | 76 | 1 | 1 | 66 |