Albuquerque, NM 87108 Real Estate & Property Data

Albuquerque, NM 87108 Real Estate Market Trends
Last Updated: April 19, 2024

A total of 365 residential properties have been sold over the past 12 months in 87108. With a median sales price of $291,904 in 87108 and a total of 3 foreclosures in Albuquerque, NM 87108. Discover market trends and get the granular level real estate data for Albuquerque, NM 87108 to keep your pulse on the housing market. Curate compelling home reports for Albuquerque, NM 87108 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Albuquerque, NM 87108 Real Estate Market Trends
Total Residential Properties 7,287
Total Commercial Properties 1,152
Avg. Home Age (Single Family Home) 72 Years
Avg. Square Feet (Single Family Home) 1,538
Total 2024 Residential Sales (year-to-date) 44
% of Homes Seriously Underwater (Q2 2024) 0.61%
Total 2023 Residential Sales 337
% of Equity Rich Homes (Q2 2024) 46.52%
Effective 2023 Property Tax 0.83%
Total Foreclosure Filings (year-to-date) 3
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Albuquerque, NM 87108 Real Estate Overview

There were 365 residential properties sold in the past year in Albuquerque, NM 87108. The median home value in Albuquerque, NM 87108 is $272,000. There are a total of 7,287 residential properties in the 87108.

Median Sales Price i
$291,904
(Feb 2024)
+11.4%
year-over-year
y-o-y
  • February '24 Feb '24 $291,904
  • January '24 Jan '24 $256,082
  • December '23 Dec '23 $243,838
  • November '23 Nov '23 $256,000
  • October '23 Oct '23 $263,552
  • September '23 Sep '23 $265,000
  • August '23 Aug '23 $289,875
  • July '23 Jul '23 $306,931
  • June '23 Jun '23 $258,125
  • May '23 May '23 $312,976
  • April '23 Apr '23 $255,646
  • March '23 Mar '23 $271,671
Median Down Payment i
$58,875
(Feb 2024)
-16.8%
year-over-year
y-o-y
  • February '24 Feb '24 $58,875
  • January '24 Jan '24 $45,700
  • December '23 Dec '23 $28,750
  • November '23 Nov '23 $48,250
  • October '23 Oct '23 $62,100
  • September '23 Sep '23 $51,625
  • August '23 Aug '23 $56,302
  • July '23 Jul '23 $50,363
  • June '23 Jun '23 $46,500
  • May '23 May '23 $59,898
  • April '23 Apr '23 $43,366
  • March '23 Mar '23 $58,109
Number of Homes Sold i
21
(Feb 2024)
-8.7%
year-over-year
y-o-y
  • February '24 Feb '24 21
  • January '24 Jan '24 23
  • December '23 Dec '23 25
  • November '23 Nov '23 28
  • October '23 Oct '23 37
  • September '23 Sep '23 37
  • August '23 Aug '23 33
  • July '23 Jul '23 26
  • June '23 Jun '23 32
  • May '23 May '23 30
  • April '23 Apr '23 25
  • March '23 Mar '23 25
Number of Purchase Loans i
19
(Feb 2024)
+18.8%
year-over-year
y-o-y
  • February '24 Feb '24 19
  • January '24 Jan '24 19
  • December '23 Dec '23 21
  • November '23 Nov '23 25
  • October '23 Oct '23 28
  • September '23 Sep '23 29
  • August '23 Aug '23 24
  • July '23 Jul '23 20
  • June '23 Jun '23 25
  • May '23 May '23 25
  • April '23 Apr '23 17
  • March '23 Mar '23 23
Number of REFI Loans i
8
(Feb 2024)
year-over-year
y-o-y
  • February '24 Feb '24 8
  • January '24 Jan '24 20
  • December '23 Dec '23 15
  • November '23 Nov '23 9
  • October '23 Oct '23 14
  • September '23 Sep '23 7
  • August '23 Aug '23 15
  • July '23 Jul '23 3
  • June '23 Jun '23 9
  • May '23 May '23 15
  • April '23 Apr '23 14
  • March '23 Mar '23 13
Number of HELOC Loans i
2
(Feb 2024)
year-over-year
y-o-y
  • February '24 Feb '24 2
  • January '24 Jan '24 4
  • December '23 Dec '23 6
  • November '23 Nov '23 8
  • October '23 Oct '23 1
  • September '23 Sep '23 4
  • August '23 Aug '23 8
  • July '23 Jul '23 5
  • June '23 Jun '23 2
  • May '23 May '23 12
  • April '23 Apr '23 3
  • March '23 Mar '23 3

Albuquerque, NM 87108 Foreclosure Activity

There were a total of 3 Albuquerque, NM 87108 properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 3 Albuquerque, NM 87108 properties and repossessed 1 Albuquerque, NM 87108 properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
3
(Feb 2024)
year-over-year
y-o-y
  • February '24 Feb '24 3
  • January '24 Jan '24 N/A
  • December '23 Dec '23 4
  • November '23 Nov '23 1
  • October '23 Oct '23 1
  • September '23 Sep '23 3
  • August '23 Aug '23 5
  • July '23 Jul '23 3
  • June '23 Jun '23 5
  • May '23 May '23 2
  • April '23 Apr '23 1
  • March '23 Mar '23 3
Foreclosure Starts i
3
(Feb 2024)
+50%
year-over-year
y-o-y
  • February '24 Feb '24 3
  • January '24 Jan '24 N/A
  • December '23 Dec '23 3
  • November '23 Nov '23 1
  • October '23 Oct '23 1
  • September '23 Sep '23 3
  • August '23 Aug '23 2
  • July '23 Jul '23 2
  • June '23 Jun '23 4
  • May '23 May '23 1
  • April '23 Apr '23 1
  • March '23 Mar '23 1
Completed Foreclosures (REOs) i
1
(Feb 2024)
year-over-year
y-o-y
  • February '24 Feb '24 1
  • January '24 Jan '24 1
  • December '23 Dec '23 N/A
  • November '23 Nov '23 2
  • October '23 Oct '23 N/A
  • September '23 Sep '23 N/A
  • August '23 Aug '23 N/A
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 N/A
  • April '23 Apr '23 2
  • March '23 Mar '23 N/A
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