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Merritt Acres North Edith Corridor North Valley Northeast Valley Northwest Quadrant

ALBUQUERQUE, NM 87113

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

Neighborhoods in ZIP 87113

Merritt Acres · North Edith Corridor · North Valley · Northeast Valley · Northwest Quadrant

Market Analysis

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

The ALBUQUERQUE, NM real estate market (87113) currently shows 40 active listings, with 14 pending sales. Homes are averaging 50 days on the market before going under contract.

Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 50 days on market compared to 43 days last year.

The median listing price has fallen 0.1% year-over-year, from $450,000 to $449,750.

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: 16,434  ·  Density: 426.3/mi²  ·  Median household income: $84,668

Typical home value: $336,237  ·  Homeownership: 73.8%

Market Overview

Active Listings
40
⇧ 14.3% vs 35 last year
Pending
14
35% pending ratio
Median Price
$449,750
⇩ 0.1% vs $450,000 last year
Average Price
$642,167
⇧ 13.7% vs $564,894 last year
Days on Market
50
⇧ 16.3% vs 43 days last year

Price Per Square Foot

Median $/sqft
$256
vs $256/sqft last year
Median Home Size
1,906 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 40 this year vs 35 last year
  • Days on market: 50 now vs 43 last year

Median & Average Pricing

Year over Year
  • Median: $449,750 (-0.1% YoY)
  • Average: $642,167 (+13.7% 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 21.5 miles — 1,125 listings ($585,885,519 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
87113Albuquerque, NM 871130.0 mi37$24,091,588$454,700$651,124
87048Corrales, NM 870484.1 mi35$42,372,225$975,000$1,210,635
87111Albuquerque, NM 871114.9 mi125$85,522,750$450,000$684,182
87110Albuquerque, NM 871105.8 mi97$35,359,992$351,450$364,536
87112Albuquerque, NM 871127.0 mi94$33,845,546$337,450$360,059
87104Albuquerque, NM 871048.5 mi46$27,575,896$492,500$599,476
87043Placitas, NM 870439.8 mi50$37,403,250$708,000$748,065
87123Albuquerque, NM 8712310.7 mi95$54,267,800$350,000$571,240
87144Rio Rancho, NM 8714412.5 mi300$148,697,400$430,000$495,658
87004Bernalillo, NM 8700413.4 mi31$16,955,078$460,000$546,938
87105Albuquerque, NM 8710515.1 mi84$34,239,576$362,500$407,614
87068Bosque Farms, NM 8706820.4 mi7$3,585,750$514,500$512,250
87121Albuquerque, NM 8712121.5 mi124$41,968,668$319,700$338,457

Frequently Asked Questions

How many homes are for sale in ALBUQUERQUE, NM 87113?

As of February 2026, there are 40 active listings in ALBUQUERQUE, NM (zip code 87113), compared to 35 the prior year.

What is the median home price in ALBUQUERQUE, NM 87113?

The median listing price in ALBUQUERQUE, NM 87113 is $449,750 as of February 2026, a 0.1% decrease from $450,000 the prior year.

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

Homes in ALBUQUERQUE, NM 87113 spend an average of 50 days on the market before going under contract, compared to 43 days the prior year.

Is it a seller's or buyer's market in ALBUQUERQUE, NM 87113?

Based on current inventory and days-on-market data as of February 2026, ALBUQUERQUE, NM 87113 is currently a Buyer's Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 50 days on market compared to 43 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 87113 save an estimated $8,995 compared to a typical 5% commission on the median listing price of $449,750. 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.