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All market snapshots / 87114

Albuquerque, NM 87114 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: 0.19
ActiveActive listings: 4848PendingPending sales: 99
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): $406k$406kSoldMedian sold price (last 6 months): $375k$375k
What homes actually sell for in Albuquerque, NM
Distribution of 420 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $335k to $435k
$280k to $319k: 44 sales$280k$319k to $359k: 99 sales$359k to $398k: 103 sales103sales$359k$398k to $438k: 52 sales$438k to $477k: 43 sales$438k$477k to $516k: 21 sales$516k to $556k: 13 sales$516k$556k to $595k: 3 salesMedian $375k

What the numbers say

As of September 14, 2026, Resideline is tracking 48 active listings and 9 pending sales in ZIP code 87114. That pending-to-active ratio of 0.19 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $405,750, while the median of the 420 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 57 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 420 closed sales tracked by Resideline. The middle half of those sales ranged from $335,000 to $435,000.

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

Resideline is currently tracking 9 pending sales against 48 active listings in 87114, a pending-to-active ratio of 0.19. 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

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