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 Oct 07 2026
This week the median list price for Albuquerque, NM 87104 is $532,500 with the market action index hovering around 31. This is an increase over last month's market action index of 30. Inventory has decreased to 34. 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Albuquerque, NM 87104

Wed Oct 07 2026
This week the median list price for Albuquerque, NM 87104 is $532,500 with the market action index hovering around 31. This is an increase over last month's market action index of 30. Inventory has decreased to 34. 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Albuquerque market.
Median List Price $532,500
Median Price of New Listings $350,000
Per Square Foot $250
Average Days on Market 95
Median Days on Market 88
Price Decreased 44%
Price Increased 0%
Relisted 3%
Inventory 34
Median Rent
Market Action 31
Slight Seller's Advantage

This week prices in this zip code bumped up a bit but the trend of recent weeks is generally downward. Keep an eye on the Market Action Index for a leading indicator of the duration of this downtrend.

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
$850,000 3,114 0.25 - 0.5 acre 3 3 25 0 2 126
$640,000 2,110 8,000 - 10,000 sqft 3 2.5 50 0 0 45
$444,000 2,000 6,500 - 8,000 sqft 3 2 72 0 0 84
$330,000 1,334 6,500 - 8,000 sqft 3 2 81 1 4 77