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Albuquerque, NM 87109 Real Estate & Property Data

Albuquerque, NM 87109 Real Estate Market Trends

Last Updated: April 24, 2024

A total of 481 residential properties have been sold over the past 12 months in 87109. With a median sales price of $359,000 in 87109 and a total of 3 foreclosures in Albuquerque, NM 87109. Discover market trends and get the granular level real estate data for Albuquerque, NM 87109 to keep your pulse on the housing market. Curate compelling home reports for Albuquerque, NM 87109 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Albuquerque, NM 87109 Real Estate Market Trends

Get property data for any address in Albuquerque, NM 87109 or the country:

Total Residential Properties 12,007

Total Commercial Properties 769

Avg. Home Age (Single Family Home) 46 Years

Avg. Square Feet (Single Family Home) 1,915

Total 2024 Residential Sales (year-to-date) 51

% of Homes Seriously Underwater (Q2 2024) 0.42%

Total 2023 Residential Sales 457

% of Equity Rich Homes (Q2 2024) 50.97%

Effective 2023 Property Tax 0.87%

Total Foreclosure Filings (year-to-date) 6

Albuquerque, NM 87109 Real Estate Overview

There were 481 residential properties sold in the past year in Albuquerque, NM 87109. The median home value in Albuquerque, NM 87109 is $361,000. There are a total of 12,007 residential properties in the 87109.

Median Sales Price i

$359,000

(Feb 2024)

-36.4%

year-over-year

y-o-y

February '24 Feb '24 $359,000
January '24 Jan '24 $397,813
December '23 Dec '23 $394,490
November '23 Nov '23 $400,000
October '23 Oct '23 $374,501
September '23 Sep '23 $446,203
August '23 Aug '23 $418,000
July '23 Jul '23 $335,774
June '23 Jun '23 $386,125
May '23 May '23 $393,125
April '23 Apr '23 $423,006
March '23 Mar '23 $369,861

Median Down Payment i

$76,630

(Feb 2024)

-32.8%

year-over-year

y-o-y

February '24 Feb '24 $76,630
January '24 Jan '24 $79,563
December '23 Dec '23 $79,000
November '23 Nov '23 $80,000
October '23 Oct '23 $82,738
September '23 Sep '23 $89,241
August '23 Aug '23 $82,550
July '23 Jul '23 $62,625
June '23 Jun '23 $77,225
May '23 May '23 $76,447
April '23 Apr '23 $83,460
March '23 Mar '23 $66,094

Number of Homes Sold i

26

(Feb 2024)

-31.6%

year-over-year

y-o-y

February '24 Feb '24 26
January '24 Jan '24 25
December '23 Dec '23 28
November '23 Nov '23 34
October '23 Oct '23 45
September '23 Sep '23 47
August '23 Aug '23 34
July '23 Jul '23 41
June '23 Jun '23 39
May '23 May '23 42
April '23 Apr '23 45
March '23 Mar '23 37

Number of Purchase Loans i

23

(Feb 2024)

year-over-year

y-o-y

February '24 Feb '24 23
January '24 Jan '24 19
December '23 Dec '23 20
November '23 Nov '23 23
October '23 Oct '23 35
September '23 Sep '23 38
August '23 Aug '23 25
July '23 Jul '23 32
June '23 Jun '23 36
May '23 May '23 24
April '23 Apr '23 38
March '23 Mar '23 30

Number of REFI Loans i

13

(Feb 2024)

+116.7%

year-over-year

y-o-y

February '24 Feb '24 13
January '24 Jan '24 6
December '23 Dec '23 12
November '23 Nov '23 12
October '23 Oct '23 15
September '23 Sep '23 15
August '23 Aug '23 13
July '23 Jul '23 9
June '23 Jun '23 13
May '23 May '23 11
April '23 Apr '23 16
March '23 Mar '23 12

Number of HELOC Loans i

5

(Feb 2024)

-37.5%

year-over-year

y-o-y

February '24 Feb '24 5
January '24 Jan '24 7
December '23 Dec '23 5
November '23 Nov '23 7
October '23 Oct '23 7
September '23 Sep '23 9
August '23 Aug '23 11
July '23 Jul '23 13
June '23 Jun '23 9
May '23 May '23 6
April '23 Apr '23 2
March '23 Mar '23 12

Albuquerque, NM 87109 Real Estate Market Overview

Last 30 days

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Albuquerque, NM 87109 Foreclosure Activity

There were a total of 3 Albuquerque, NM 87109 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

3

(Feb 2024)

+200%

year-over-year

y-o-y

February '24 Feb '24 3
January '24 Jan '24 3
December '23 Dec '23 N/A
November '23 Nov '23 2
October '23 Oct '23 N/A
September '23 Sep '23 4
August '23 Aug '23 1
July '23 Jul '23 3
June '23 Jun '23 2
May '23 May '23 4
April '23 Apr '23 8
March '23 Mar '23 3

Foreclosure Starts i

3

(Feb 2024)

+200%

year-over-year

y-o-y

February '24 Feb '24 3
January '24 Jan '24 2
December '23 Dec '23 N/A
November '23 Nov '23 2
October '23 Oct '23 N/A
September '23 Sep '23 2
August '23 Aug '23 1
July '23 Jul '23 3
June '23 Jun '23 2
May '23 May '23 1
April '23 Apr '23 7
March '23 Mar '23 1

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 N/A
November '23 Nov '23 N/A
October '23 Oct '23 N/A
September '23 Sep '23 1
August '23 Aug '23 N/A
July '23 Jul '23 1
June '23 Jun '23 N/A
May '23 May '23 N/A
April '23 Apr '23 N/A
March '23 Mar '23 N/A

Nearby Zip Codes

1. 87102
2. 87104
3. 87105
4. 87106
5. 87107
6. 87108

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