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Merritt Acres North Edith Corridor North Valley Northeast Valley Northwest Quadrant

ALBUQUERQUE, NM 87113

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

Neighborhoods in ZIP 87113

Merritt Acres · North Edith Corridor · North Valley · Northeast Valley · Northwest Quadrant

Market Analysis

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

The ALBUQUERQUE, NM real estate market (87113) currently shows 47 active listings, with 22 pending sales. Homes are averaging 55 days on the market before going under contract.

Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.

The median listing price has fallen 0.3% year-over-year, from $475,000 to $473,500.

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: 16,434  ·  Density: 426.3/mi²  ·  Median household income: $84,668

Typical home value: $336,237  ·  Homeownership: 73.8%

Market Overview

Active Listings
47
⇧ 20.5% vs 39 last year
Pending
22
47% pending ratio
Median Price
$473,500
⇩ 0.3% vs $475,000 last year
Average Price
$681,754
⇧ 17.8% vs $578,556 last year
Days on Market
55
vs 55 days last year

Price Per Square Foot

Median $/sqft
$264
⇧ 5.2% vs $251/sqft last year
Median Home Size
1,942 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 47 this year vs 39 last year
  • Days on market: 55 now vs 55 last year

Median & Average Pricing

Year over Year
  • Median: $473,500 (-0.3% YoY)
  • Average: $681,754 (+17.8% 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 20.6 miles — 1,078 listings ($597,730,246 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
87113Albuquerque, NM 871130.0 mi40$25,686,680$449,750$642,167
87048Corrales, NM 870484.1 mi38$44,375,640$952,500$1,167,780
87111Albuquerque, NM 871114.9 mi139$92,594,294$444,500$666,146
87110Albuquerque, NM 871105.8 mi102$38,052,018$350,450$373,059
87112Albuquerque, NM 871127.0 mi106$39,023,052$337,000$368,142
87104Albuquerque, NM 871048.5 mi47$28,153,423$506,000$599,009
87043Placitas, NM 870439.8 mi51$41,423,883$746,988$812,233
87123Albuquerque, NM 8712310.7 mi93$58,605,810$357,500$630,170
87144Rio Rancho, NM 8714412.5 mi320$160,246,080$449,769$500,769
87004Bernalillo, NM 8700413.4 mi25$13,326,825$507,500$533,073
87105Albuquerque, NM 8710515.1 mi85$35,040,910$350,000$412,246
87001Algodones, NM 8700118.6 mi1$940,000$940,000$940,000
87059Tijeras, NM 8705920.6 mi31$20,261,631$531,250$653,601

Frequently Asked Questions

How many homes are for sale in ALBUQUERQUE, NM 87113?

As of March 2026, there are 47 active listings in ALBUQUERQUE, NM (zip code 87113), compared to 39 the prior year.

What is the median home price in ALBUQUERQUE, NM 87113?

The median listing price in ALBUQUERQUE, NM 87113 is $473,500 as of March 2026, a 0.3% decrease from $475,000 the prior year.

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

Homes in ALBUQUERQUE, NM 87113 spend an average of 55 days on the market before going under contract, compared to 55 days the prior year.

Is it a seller's or buyer's market in ALBUQUERQUE, NM 87113?

Based on current inventory and days-on-market data as of March 2026, ALBUQUERQUE, NM 87113 is currently a Balanced Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.

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

With SELL123.com's maximum 3% commission, sellers in ALBUQUERQUE, NM 87113 save an estimated $9,470 compared to a typical 5% commission on the median listing price of $473,500. 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.