87107 Home Values & Market Trends
There are 41 homes currently listed for 87107. 87107 real estate market trends show that home prices range from $100,000 to $3,900,000, and the median sales price in the 87107 zip code is $315,333.74. The total number of properties sold within the past twelve months is 319. In 87107, 13 properties are in foreclosure, 1 are bank owned properties,and 1 are headed for auction.
87107 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Albuquerque | $ 362,495 $ 201/sqft |
Housing Market Summary for 87107
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $627.5K | $312.6K | -50.18% |
| Median Sold Price | $320K | $312.6K | -2.31% |
| Homes For Sale | 30 | 34 | 13.33% |
| Homes Sold | 167 | 144 | -13.77% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 87107
Browse Homes in 87107
The median list price of a home in Albuquerque, is $315,333.74. A total of 41 properties are for sale, and the percentage of properties for sale in the zip code is 41.00%. The total count of 87107 properties is 9,895.
- Pre-ForeclosurePre-foreclosure homes account for 0.11% of all residential properties in 87107 with albuquerque containing 174 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 87107; of that cities, the estimated home value for pre-foreclosure homes ranges from $939,629 in albuquerque to the lowest home value of $117,264 in albuquerque.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 87107 ranges from the highest value of $840,136 in albuquerque to the lowest value of $214,701 in albuquerque. Bank owned homes and properties account for 0.01% of properties in 87107. There is 1 cities within 87107; albuquerque containing 29 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsalbuquerque has 32 auction properties, the highest number of properties going to auction in a single city in the state of 87107. Auction homes and other auction properties account for 0.01% of all properties in 87107. There is 1 cities within 87107; of that cities, the median estimated home value for homes going to auction ranges from $482,750 in albuquerque to the lowest value of $163,750 in albuquerque.
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More Real Estate Resources for 87107
Guide for 87107
This article describes the fluctuating real estate market of Santa Fe and neighboring cities from July 2023 to March 2024, focusing on property values, sale prices, and number of sold homes.
Learn more about the New Mexico foreclosure laws, the NM judicial foreclosure process and timelines on RealtyTrac
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Information on foreclosure financing, refinancing, and foreclosure mortgages.