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All market snapshots / 87111

Albuquerque, NM 87111 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: 0.12
ActiveActive listings: 5757PendingPending sales: 77
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): $450k$450kSoldMedian sold price (last 6 months): $449k$449k
What homes actually sell for in Albuquerque, NM
Distribution of 333 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $365k to $655k
$250k to $356k: 56 sales$250k$356k to $462k: 106 sales106sales$462k to $569k: 47 sales$462k$569k to $675k: 30 sales$675k to $781k: 32 sales$675k$781k to $887k: 18 sales$887k to $994k: 6 sales$887k$994k to $1.1M: 5 salesMedian $449k

What the numbers say

As of September 14, 2026, Resideline is tracking 57 active listings and 7 pending sales in ZIP code 87111. That pending-to-active ratio of 0.12 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $450,000, while the median of the 333 closed sales Resideline tracked over the last six months was $448,800. 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 87111 for 62 days.

Frequently asked questions

What is the median home price in 87111?

The median closed sale price in Albuquerque, NM 87111 was $448,800 over the last six months, based on 333 closed sales tracked by Resideline. The middle half of those sales ranged from $365,000 to $655,000.

Is 87111 a buyer's or seller's market?

Resideline is currently tracking 7 pending sales against 57 active listings in 87111, a pending-to-active ratio of 0.12. 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, 87111 currently looks like a balanced market.

Nearby ZIP code market data

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