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ZIP 87111 in Albuquerque, NM: housing market trends

The median home sale price in ZIP 87111 in Albuquerque, NM was $459,865 for the three-month period ending September 2026. Sale prices were 5.1% higher than the same period one year earlier. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$459,865
three-month period ending September 2026
Median sale price per sq ft
$232.13
three-month period ending September 2026
Active listings
328
three-month period ending September 2026
Typical monthly rent
$1,486
Rent index · August 2026

How is housing inventory changing?

There were 328 active listings for the three-month period ending September 2026. Active listings were 7.9% lower than the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 38 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for ZIP 87111 in Albuquerque, NM
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$459,865$232.13168
Single-familySeptember 2026$525,867$238.18134
TownhousesSeptember 2026$368,001$220.2026
Condos / co-opsSeptember 2026$212,744$191.869 · small sample
Multifamily (2–4 units)September 2026UnavailableUnavailableUnavailable

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for ZIP 87111 in Albuquerque, NM
MarketMedian sale priceReporting period / source
Carnuel, NM$399,8103 months ending September 2026 · Redfin
Los Ranchos de Albuquerque, NM$729,6533 months ending September 2026 · Redfin
Cedar Crest, NM$522,2513 months ending September 2026 · Redfin
Albuquerque, NM$365,000Month ending July 2026 · Zillow
Sandia Park, NM$941,0003 months ending March 2026 · Redfin
Tijeras, NM$431,0453 months ending September 2026 · Redfin

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for ZIP 87111 in Albuquerque, NM
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$459,865$232.13328
August 2026$454,500$234.74349
July 2026$440,000$234.77355
June 2026$430,000$232.29341
May 2026$425,000$230.82342
April 2026$425,000$225.27314
March 2026$430,000$225.27285
February 2026$430,000$227.95250
January 2026$436,000$226.84271
December 2025$436,500$232.05270
November 2025$430,000$228.58292
October 2025$435,000$231.69321
September 2025$437,500$229.59356
August 2025$460,000$230.17373
July 2025$452,000$230.50377
June 2025$449,000$231.41382
May 2025$427,000$229.09370
April 2025$424,900$226.06340
March 2025$414,450$220.79329
February 2025$411,950$219.62294
January 2025$410,000$217.89293
December 2024$420,000$223.52283
November 2024$410,000$220.99330
October 2024$420,000$222.35346

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

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