87111 Home Values & Market Trends
There are 95 homes currently listed for 87111. 87111 real estate market trends show that home prices range from $192,500 to $2,900,000, and the median sales price in the 87111 zip code is $392,377.41. The total number of properties sold within the past twelve months is 626. In 87111, 13 properties are in foreclosure, 2 are bank owned properties,and 3 are headed for auction.
87111 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Albuquerque | $ 360,000 $ 200/sqft |
Housing Market Summary for 87111
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $444K | $391.1K | -11.91% |
| Median Sold Price | $397.8K | $391.1K | -1.68% |
| Homes For Sale | 67 | 72 | 7.46% |
| Homes Sold | 400 | 336 | -16.00% |
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 87111
Browse Homes in 87111
The median list price of a home in Albuquerque, is $392,377.41. A total of 95 properties are for sale, and the percentage of properties for sale in the zip code is 95.00%. The total count of 87111 properties is 18,198.
- Pre-ForeclosurePre-foreclosure homes account for 0.04% of all residential properties in 87111 with albuquerque containing 133 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 87111; of that cities, the estimated home value for pre-foreclosure homes ranges from $785,500 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 87111 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 87111. There is 1 cities within 87111; albuquerque containing 30 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsalbuquerque has 33 auction properties, the highest number of properties going to auction in a single city in the state of 87111. Auction homes and other auction properties account for 0.02% of all properties in 87111. There is 1 cities within 87111; of that cities, the median estimated home value for homes going to auction ranges from $521,250 in albuquerque to the lowest value of $135,751 in albuquerque.
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More Real Estate Resources for 87111
Guide for 87111
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