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Campus (The Pit) Netherwood Park Nob Hill Southeast Heights Southeast Quadrant University University Heights

ALBUQUERQUE, NM 87106

Real Estate Market Report  ·  Bernalillo County
Buyer's Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 87106

Campus (The Pit) · Netherwood Park · Nob Hill · Southeast Heights · Southeast Quadrant · University · University Heights

Market Analysis

Data as of March 2026. Source: Realtor.com.

The ALBUQUERQUE, NM real estate market (87106) currently shows 94 active listings, with 35 pending sales. Homes are averaging 53 days on the market before going under contract.

Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 53 days on market compared to 46 days last year.

The median listing price has fallen 2.7% year-over-year, from $435,895 to $423,922.

Whether you are buying or selling in ALBUQUERQUE, NM, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 25,825  ·  Density: 278.4/mi²  ·  Median household income: $50,999

Typical home value: $310,070  ·  Homeownership: 41.5%

Market Overview

Active Listings
94
⇧ 8% vs 87 last year
Pending
35
37% pending ratio
Median Price
$423,922
⇩ 2.7% vs $435,895 last year
Average Price
$443,768
⇧ 2.5% vs $432,928 last year
Days on Market
53
⇧ 15.2% vs 46 days last year

Price Per Square Foot

Median $/sqft
$235
⇩ 0.4% vs $236/sqft last year
Median Home Size
1,850 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 94 this year vs 87 last year
  • Days on market: 53 now vs 46 last year

Median & Average Pricing

Year over Year
  • Median: $423,922 (-2.7% YoY)
  • Average: $443,768 (+2.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 23.0 miles — 1,530 listings ($784,554,126 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
87106Albuquerque, NM 871060.0 mi92$41,011,852$432,440$445,781
87108Albuquerque, NM 871084.8 mi72$22,485,168$291,250$312,294
87110Albuquerque, NM 871107.2 mi102$38,052,018$350,450$373,059
87104Albuquerque, NM 871047.4 mi47$28,153,423$506,000$599,009
87123Albuquerque, NM 871238.8 mi93$58,605,810$357,500$630,170
87109Albuquerque, NM 8710910.2 mi81$28,074,195$366,000$346,595
87120Albuquerque, NM 8712012.6 mi224$121,133,152$462,000$540,773
87042Peralta, NM 8704213.1 mi7$5,362,903$694,900$766,129
87122Albuquerque, NM 8712214.2 mi65$87,867,780$972,675$1,351,812
87008Cedar Crest, NM 8700815.8 mi15$7,181,775$444,100$478,785
87031Los Lunas, NM 8703117.1 mi189$77,909,202$369,275$412,218
87124Rio Rancho, NM 8712421.0 mi223$108,470,768$428,000$486,416
87144Rio Rancho, NM 8714423.0 mi320$160,246,080$449,769$500,769

Frequently Asked Questions

How many homes are for sale in ALBUQUERQUE, NM 87106?

As of March 2026, there are 94 active listings in ALBUQUERQUE, NM (zip code 87106), compared to 87 the prior year.

What is the median home price in ALBUQUERQUE, NM 87106?

The median listing price in ALBUQUERQUE, NM 87106 is $423,922 as of March 2026, a 2.7% decrease from $435,895 the prior year.

How long do homes stay on the market in ALBUQUERQUE, NM?

Homes in ALBUQUERQUE, NM 87106 spend an average of 53 days on the market before going under contract, compared to 46 days the prior year.

Is it a seller's or buyer's market in ALBUQUERQUE, NM 87106?

Based on current inventory and days-on-market data as of March 2026, ALBUQUERQUE, NM 87106 is currently a Buyer's Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 53 days on market compared to 46 days last year.

How much can I save on real estate commission in ALBUQUERQUE, NM?

With SELL123.com's maximum 3% commission, sellers in ALBUQUERQUE, NM 87106 save an estimated $8,478 compared to a typical 5% commission on the median listing price of $423,922. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.