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All market snapshots / 87108

Albuquerque, NM 87108 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Albuquerque, NM inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.07
ActiveActive listings: 5454PendingPending sales: 44
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): $366k$366kSoldMedian sold price (last 6 months): $300k$300k
What homes actually sell for in Albuquerque, NM
Distribution of 162 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $240k to $375k
$150k to $196k: 8 sales$150k$196k to $241k: 28 sales$241k to $287k: 29 sales$241k$287k to $332k: 25 sales$332k to $378k: 30 sales30sales$332k$378k to $424k: 11 sales$424k to $469k: 8 sales$424k$469k to $515k: 8 salesMedian $300k

What the numbers say

As of September 14, 2026, Resideline is tracking 54 active listings and 4 pending sales in ZIP code 87108. That pending-to-active ratio of 0.07 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $366,500, while the median of the 162 closed sales Resideline tracked over the last six months was $299,900. 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 50 days.

Frequently asked questions

What is the median home price in 87108?

The median closed sale price in Albuquerque, NM 87108 was $299,900 over the last six months, based on 162 closed sales tracked by Resideline. The middle half of those sales ranged from $239,900 to $375,000.

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

Resideline is currently tracking 4 pending sales against 54 active listings in 87108, a pending-to-active ratio of 0.07. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 87108 currently looks like a balanced market.

Nearby ZIP code market data

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