87114 Home Values & Market Trends
There are 116 homes currently listed for 87114. 87114 real estate market trends show that home prices range from $80,000 to $1,299,990, and the median sales price in the 87114 zip code is $353,143.72. The total number of properties sold within the past twelve months is 706. In 87114, 22 properties are in foreclosure, 3 are bank owned properties,and 4 are headed for auction.
87114 Real Estate Market Overview
City | Median Est. Value |
---|---|
Albuquerque | $ 350,000 $ 195/sqft |
Housing Market Summary for 87114
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $360K | $346.9K | -3.63% |
Median Sold Price | $349.6K | $346.9K | -0.78% |
Homes For Sale | 73 | 98 | 34.25% |
Homes Sold | 489 | 430 | -12.07% |
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 87114
Browse Homes in 87114
The median list price of a home in Albuquerque, is $353,143.72. A total of 116 properties are for sale, and the percentage of properties for sale in the zip code is 116.00%. The total count of 87114 properties is 21,185.
- Pre-ForeclosurePre-foreclosure homes account for 0.07% of all residential properties in 87114 with albuquerque containing 156 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 87114; 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 87114 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 0.01% of properties in 87114. There is 1 cities within 87114; albuquerque containing 33 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsalbuquerque has 29 auction properties, the highest number of properties going to auction in a single city in the state of 87114. Auction homes and other auction properties account for 0.02% of all properties in 87114. There is 1 cities within 87114; of that cities, the median estimated home value for homes going to auction ranges from $569,341 in albuquerque to the lowest value of $131,067 in albuquerque.
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Guide for 87114
Learn more about the New Mexico foreclosure laws, the NM judicial foreclosure process and timelines on RealtyTrac
Learn how to secure a house mortgage even with a low credit score.
Explore the legal pitfalls to avoid when dealing with pre-foreclosure sellers. Learn how to navigate the complex process safely and protect yourself from costly mistakes and legal complications.
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