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All market snapshots / 87114

Albuquerque, NM 87114 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: 0.15
ActiveActive listings: 5252PendingPending sales: 88
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): $402k$402kSoldMedian sold price (last 6 months): $375k$375k
What homes actually sell for in Albuquerque, NM
Distribution of 429 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $334k to $436k
$275k to $315k: 40 sales$275k$315k to $355k: 109 sales109sales$355k to $395k: 94 sales$355k$395k to $435k: 53 sales$435k to $475k: 44 sales$435k$475k to $515k: 28 sales$515k to $555k: 14 sales$515k$555k to $595k: 4 salesMedian $375k

What the numbers say

As of October 5, 2026, Resideline is tracking 52 active listings and 8 pending sales in ZIP code 87114. That pending-to-active ratio of 0.15 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $402,491, while the median of the 429 closed sales Resideline tracked over the last six months was $375,000. 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 87114 for 65 days.

Frequently asked questions

What is the median home price in 87114?

The median closed sale price in Albuquerque, NM 87114 was $375,000 over the last six months, based on 429 closed sales tracked by Resideline. The middle half of those sales ranged from $334,500 to $436,000.

Is 87114 a buyer's or seller's market?

Resideline is currently tracking 8 pending sales against 52 active listings in 87114, a pending-to-active ratio of 0.15. 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, 87114 currently looks like a balanced market.

Nearby ZIP code market data

Full Albuquerque, NM housing market report →

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