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All market snapshots / 87108

Albuquerque, NM 87108 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Albuquerque, NM inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.04
ActiveActive listings: 5454PendingPending sales: 22
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): $377k$377kSoldMedian sold price (last 6 months): $305k$305k
What homes actually sell for in Albuquerque, NM
Distribution of 167 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $245k to $375k
$150k to $198k: 7 sales$150k$198k to $246k: 28 sales$246k to $294k: 31 sales$246k$294k to $342k: 31 sales$342k to $391k: 33 sales33sales$342k$391k to $439k: 10 sales$439k to $487k: 3 sales$439k$487k to $535k: 8 salesMedian $305k

What the numbers say

As of October 5, 2026, Resideline is tracking 54 active listings and 2 pending sales in ZIP code 87108. That pending-to-active ratio of 0.04 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $377,450, while the median of the 167 closed sales Resideline tracked over the last six months was $305,000. 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 63 days.

Frequently asked questions

What is the median home price in 87108?

The median closed sale price in Albuquerque, NM 87108 was $305,000 over the last six months, based on 167 closed sales tracked by Resideline. The middle half of those sales ranged from $245,000 to $375,000.

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

Resideline is currently tracking 2 pending sales against 54 active listings in 87108, a pending-to-active ratio of 0.04. 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

Full Albuquerque, NM housing market report →

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