87111 Home Values & Market Trends
There are 63 homes currently listed for 87111. 87111 real estate market trends show that home prices range from $239,700 to $2,900,000, and the median sales price in the 87111 zip code is $389,897.63. The total number of properties sold within the past twelve months is 613. In 87111, 9 properties are in foreclosure, 3 are bank owned properties,and 1 are headed for auction.
87111 Real Estate Market Overview
City | Median Est. Value |
---|---|
Albuquerque | $ 363,822 $ 198/sqft |
Housing Market Summary for 87111
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $504.5K | $392.8K | -22.13% |
Median Sold Price | $376.9K | $392.8K | 4.24% |
Homes For Sale | 56 | 71 | 26.79% |
Homes Sold | 432 | 364 | -15.74% |
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 $389,897.63. A total of 63 properties are for sale, and the percentage of properties for sale in the zip code is 63.00%. The total count of 87111 properties is 18,198.
- Pre-ForeclosurePre-foreclosure homes account for 0.03% of all residential properties in 87111 with albuquerque containing 93 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 $849,500 in albuquerque to the lowest home value of $114,605 in albuquerque.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 87111 ranges from the highest value of $515,500 in albuquerque to the lowest value of $131,868 in albuquerque. Bank owned homes and properties account for 0.02% of properties in 87111. There is 1 cities within 87111; albuquerque containing 34 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsalbuquerque has 35 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 0.01% 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 $569,341 in albuquerque to the lowest value of $188,036 in albuquerque.
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Guide for 87111
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