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North Valley Northwest Quadrant

ALBUQUERQUE, NM 87109

Real Estate Market Report
Seller's Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 87109

North Valley · Northwest Quadrant

Market Analysis

Data as of February 2026. Source: Realtor.com.

The ALBUQUERQUE, NM real estate market (87109) currently shows 81 active listings, with 37 pending sales. Homes are averaging 61 days on the market before going under contract.

Inventory has tightened compared to last year, with 11 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 61 days on market compared to 71 days last year.

The median listing price has risen 2.1% year-over-year, from $358,500 to $366,000.

Whether you are buying or selling in ALBUQUERQUE, NM, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 40,313  ·  Density: 1,559.2/mi²  ·  Median household income: $53,182

Typical home value: $278,689  ·  Homeownership: 50.1%

Market Overview

Active Listings
81
⇩ 12% vs 92 last year
Pending
37
46% pending ratio
Median Price
$366,000
⇧ 2.1% vs $358,500 last year
Average Price
$346,595
⇩ 4.9% vs $364,310 last year
Days on Market
61
⇩ 14.1% vs 71 days last year

Price Per Square Foot

Median $/sqft
$201
⇩ 4.3% vs $210/sqft last year
Median Home Size
1,654 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 81 this year vs 92 last year
  • Days on market: 61 now vs 71 last year

Median & Average Pricing

Year over Year
  • Median: $366,000 (+2.1% YoY)
  • Average: $346,595 (-4.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 19.8 miles — 1,027 listings ($598,236,402 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
87109Albuquerque, NM 871090.0 mi79$26,477,640$364,950$335,160
87110Albuquerque, NM 871103.1 mi97$35,359,992$351,450$364,536
87107Albuquerque, NM 871074.0 mi73$60,898,644$525,000$834,228
87122Albuquerque, NM 871225.5 mi57$75,713,100$937,500$1,328,300
87048Corrales, NM 870486.3 mi35$42,372,225$975,000$1,210,635
87104Albuquerque, NM 871046.6 mi46$27,575,896$492,500$599,476
87123Albuquerque, NM 871238.7 mi95$54,267,800$350,000$571,240
87008Cedar Crest, NM 8700810.4 mi13$6,168,760$441,500$474,520
87043Placitas, NM 8704312.0 mi50$37,403,250$708,000$748,065
87144Rio Rancho, NM 8714414.5 mi300$148,697,400$430,000$495,658
87004Bernalillo, NM 8700416.1 mi31$16,955,078$460,000$546,938
87047Sandia Park, NM 8704718.1 mi27$24,377,949$699,000$902,887
87121Albuquerque, NM 8712119.8 mi124$41,968,668$319,700$338,457

Frequently Asked Questions

How many homes are for sale in ALBUQUERQUE, NM 87109?

As of February 2026, there are 81 active listings in ALBUQUERQUE, NM (zip code 87109), compared to 92 the prior year.

What is the median home price in ALBUQUERQUE, NM 87109?

The median listing price in ALBUQUERQUE, NM 87109 is $366,000 as of February 2026, a 2.1% increase from $358,500 the prior year.

How long do homes stay on the market in ALBUQUERQUE, NM?

Homes in ALBUQUERQUE, NM 87109 spend an average of 61 days on the market before going under contract, compared to 71 days the prior year.

Is it a seller's or buyer's market in ALBUQUERQUE, NM 87109?

Based on current inventory and days-on-market data as of February 2026, ALBUQUERQUE, NM 87109 is currently a Seller's Market. Inventory has tightened compared to last year, with 11 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 61 days on market compared to 71 days last year.

How much can I save on real estate commission in ALBUQUERQUE, NM?

With SELL123.com's maximum 3% commission, sellers in ALBUQUERQUE, NM 87109 save an estimated $7,320 compared to a typical 5% commission on the median listing price of $366,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.