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All market snapshots / 87108

Albuquerque, NM 87108 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Albuquerque, NM inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.05
ActiveActive listings: 6464PendingPending sales: 33
Albuquerque, NM: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $350k$350kSoldMedian sold price (last 6 months): $325k$325k
What homes actually sell for in Albuquerque, NM
Distribution of 160 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $250k to $375k
$165k to $213k: 12 sales$165k$213k to $261k: 25 sales$261k to $309k: 30 sales$261k$309k to $358k: 32 sales32sales$358k to $406k: 24 sales$358k$406k to $454k: 8 sales$454k to $502k: 9 sales$454k$502k to $550k: 4 salesMedian $325k

What the numbers say

As of October 26, 2026, Resideline is tracking 64 active listings and 3 pending sales in ZIP code 87108. That pending-to-active ratio of 0.05 makes it a slower-moving market: listings are going under contract more slowly than in most ZIP codes Resideline tracks, which usually gives buyers more room to negotiate.

The median asking price of current listings is $349,900, while the median of the 160 closed sales Resideline tracked over the last six months was $324,655. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 87108 for 79 days.

Frequently asked questions

What is the median home price in 87108?

The median closed sale price in Albuquerque, NM 87108 was $324,655 over the last six months, based on 160 closed sales tracked by Resideline. The middle half of those sales ranged from $250,000 to $375,000.

Is 87108 a buyer's or seller's market?

Resideline is currently tracking 3 pending sales against 64 active listings in 87108, a pending-to-active ratio of 0.05. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 87108 is currently a slower-moving market.

Nearby ZIP code market data

Full Albuquerque, NM housing market report →

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