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Highland Southeast Heights Southeast Quadrant University Upper Nob Hill

ALBUQUERQUE, NM 87108

Real Estate Market Report  ·  Bernalillo County
Balanced Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 87108

Highland · Southeast Heights · Southeast Quadrant · University · Upper Nob Hill

Market Analysis

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

The ALBUQUERQUE, NM real estate market (87108) currently shows 74 active listings, with 33 pending sales. Homes are averaging 95 days on the market before going under contract.

Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 95 days on market compared to 64 days last year.

The median listing price has fallen 1.8% year-over-year, from $310,000 to $304,500.

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: 36,147  ·  Density: 2,374.4/mi²  ·  Median household income: $34,016

Typical home value: $207,195  ·  Homeownership: 35.5%

Market Overview

Active Listings
74
⇩ 9.8% vs 82 last year
Pending
33
45% pending ratio
Median Price
$304,500
⇩ 1.8% vs $310,000 last year
Average Price
$308,350
⇩ 10.8% vs $345,840 last year
Days on Market
95
⇧ 48.4% vs 64 days last year

Price Per Square Foot

Median $/sqft
$198
⇩ 5.3% vs $209/sqft last year
Median Home Size
1,395 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 74 this year vs 82 last year
  • Days on market: 95 now vs 64 last year

Median & Average Pricing

Year over Year
  • Median: $304,500 (-1.8% YoY)
  • Average: $308,350 (-10.8% 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 21.0 miles — 1,032 listings ($577,784,511 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
87108Albuquerque, NM 871080.0 mi72$22,485,168$291,250$312,294
87102Albuquerque, NM 871023.9 mi70$21,592,620$275,000$308,466
87106Albuquerque, NM 871064.8 mi92$41,011,852$432,440$445,781
87111Albuquerque, NM 871115.8 mi139$92,594,294$444,500$666,146
87104Albuquerque, NM 871045.9 mi47$28,153,423$506,000$599,009
87105Albuquerque, NM 871058.1 mi85$35,040,910$350,000$412,246
87122Albuquerque, NM 871229.4 mi65$87,867,780$972,675$1,351,812
87048Corrales, NM 8704811.6 mi38$44,375,640$952,500$1,167,780
87008Cedar Crest, NM 8700811.8 mi15$7,181,775$444,100$478,785
87059Tijeras, NM 8705916.7 mi31$20,261,631$531,250$653,601
87121Albuquerque, NM 8712117.5 mi130$42,621,800$315,000$327,860
87124Rio Rancho, NM 8712418.5 mi223$108,470,768$428,000$486,416
87047Sandia Park, NM 8704721.0 mi25$26,126,850$742,500$1,045,074

Frequently Asked Questions

How many homes are for sale in ALBUQUERQUE, NM 87108?

As of March 2026, there are 74 active listings in ALBUQUERQUE, NM (zip code 87108), compared to 82 the prior year.

What is the median home price in ALBUQUERQUE, NM 87108?

The median listing price in ALBUQUERQUE, NM 87108 is $304,500 as of March 2026, a 1.8% decrease from $310,000 the prior year.

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

Homes in ALBUQUERQUE, NM 87108 spend an average of 95 days on the market before going under contract, compared to 64 days the prior year.

Is it a seller's or buyer's market in ALBUQUERQUE, NM 87108?

Based on current inventory and days-on-market data as of March 2026, ALBUQUERQUE, NM 87108 is currently a Balanced Market. Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 95 days on market compared to 64 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 87108 save an estimated $6,090 compared to a typical 5% commission on the median listing price of $304,500. 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.