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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
Seller's Market
September 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 September 2026. Source: Realtor.com.

The ALBUQUERQUE, NM real estate market (87106) currently shows 94 active listings, with 23 pending sales. Homes are averaging 69 days on the market before going under contract.

Inventory has tightened compared to last year, with 12 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 69 days on market compared to 74 days last year.

The median listing price has fallen 5.2% year-over-year, from $442,400 to $419,450.

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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
⇩ 11.3% vs 106 last year
Pending
23
24% pending ratio
Median Price
$419,450
⇩ 5.2% vs $442,400 last year
Average Price
$452,764
⇧ 1% vs $448,064 last year
Days on Market
69
⇩ 6.8% vs 74 days last year

Price Per Square Foot

Median $/sqft
$241
⇧ 4.3% vs $231/sqft last year
Median Home Size
1,799 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 94 this year vs 106 last year
  • Days on market: 69 now vs 74 last year

Median & Average Pricing

Year over Year
  • Median: $419,450 (-5.2% YoY)
  • Average: $452,764 (+1% 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 September 2026, there are 94 active listings in ALBUQUERQUE, NM (zip code 87106), compared to 106 the prior year.

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

The median listing price in ALBUQUERQUE, NM 87106 is $419,450 as of September 2026, a 5.2% decrease from $442,400 the prior year.

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

Homes in ALBUQUERQUE, NM 87106 spend an average of 69 days on the market before going under contract, compared to 74 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 September 2026, ALBUQUERQUE, NM 87106 is currently a Seller's Market. Inventory has tightened compared to last year, with 12 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 69 days on market compared to 74 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 $8,389 compared to a typical 5% commission on the median listing price of $419,450. 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.