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Academy Hills East Side Foothills Northeast Quadrant

ALBUQUERQUE, NM 87111

Real Estate Market Report  ·  Bernalillo County
Seller's Market
April 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 87111

Academy Hills · East Side · Foothills · Northeast Quadrant

Market Analysis

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

The ALBUQUERQUE, NM real estate market (87111) currently shows 150 active listings, with 74 pending sales. Homes are averaging 50 days on the market before going under contract.

Inventory has tightened compared to last year, with 28 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 50 days on market compared to 52 days last year.

The median listing price has fallen 3.3% year-over-year, from $488,375 to $472,500.

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: 56,830  ·  Density: 1,727.7/mi²  ·  Median household income: $80,358

Typical home value: $330,053  ·  Homeownership: 61.4%

Market Overview

Active Listings
150
⇩ 15.7% vs 178 last year
Pending
74
49% pending ratio
Median Price
$472,500
⇩ 3.3% vs $488,375 last year
Average Price
$656,800
⇧ 5.8% vs $620,852 last year
Days on Market
50
⇩ 3.8% vs 52 days last year

Price Per Square Foot

Median $/sqft
$240
⇧ 4.8% vs $229/sqft last year
Median Home Size
2,103 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 150 this year vs 178 last year
  • Days on market: 50 now vs 52 last year

Median & Average Pricing

Year over Year
  • Median: $472,500 (-3.3% YoY)
  • Average: $656,800 (+5.8% 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 18.9 miles — 1,094 listings ($525,305,792 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
87111Albuquerque, NM 871110.0 mi139$92,594,294$444,500$666,146
87109Albuquerque, NM 871093.5 mi81$28,074,195$366,000$346,595
87110Albuquerque, NM 871104.1 mi102$38,052,018$350,450$373,059
87108Albuquerque, NM 871085.8 mi72$22,485,168$291,250$312,294
87008Cedar Crest, NM 870087.1 mi15$7,181,775$444,100$478,785
87102Albuquerque, NM 871028.4 mi70$21,592,620$275,000$308,466
87104Albuquerque, NM 871049.3 mi47$28,153,423$506,000$599,009
87106Albuquerque, NM 8710610.5 mi92$41,011,852$432,440$445,781
87105Albuquerque, NM 8710513.8 mi85$35,040,910$350,000$412,246
87047Sandia Park, NM 8704715.5 mi25$26,126,850$742,500$1,045,074
87144Rio Rancho, NM 8714417.3 mi320$160,246,080$449,769$500,769
87068Bosque Farms, NM 8706817.8 mi9$4,853,187$532,250$539,243
87015Edgewood, NM 8701518.9 mi37$19,893,420$520,000$537,660

Frequently Asked Questions

How many homes are for sale in ALBUQUERQUE, NM 87111?

As of April 2026, there are 150 active listings in ALBUQUERQUE, NM (zip code 87111), compared to 178 the prior year.

What is the median home price in ALBUQUERQUE, NM 87111?

The median listing price in ALBUQUERQUE, NM 87111 is $472,500 as of April 2026, a 3.3% decrease from $488,375 the prior year.

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

Homes in ALBUQUERQUE, NM 87111 spend an average of 50 days on the market before going under contract, compared to 52 days the prior year.

Is it a seller's or buyer's market in ALBUQUERQUE, NM 87111?

Based on current inventory and days-on-market data as of April 2026, ALBUQUERQUE, NM 87111 is currently a Seller's Market. Inventory has tightened compared to last year, with 28 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 50 days on market compared to 52 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 87111 save an estimated $9,450 compared to a typical 5% commission on the median listing price of $472,500. 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.