Albuquerque, NM 87112 Real Estate & Property Data

Albuquerque, NM 87112 Real Estate Market Trends
Last Updated: April 28, 2024

A total of 664 residential properties have been sold over the past 12 months in 87112. With a median sales price of $300,844 in 87112 and a total of 4 foreclosures in Albuquerque, NM 87112. Discover market trends and get the granular level real estate data for Albuquerque, NM 87112 to keep your pulse on the housing market. Curate compelling home reports for Albuquerque, NM 87112 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Albuquerque, NM 87112 Real Estate Market Trends
Total Residential Properties 14,473
Total Commercial Properties 519
Avg. Home Age (Single Family Home) 59 Years
Avg. Square Feet (Single Family Home) 1,711
Total 2024 Residential Sales (year-to-date) 81
% of Homes Seriously Underwater (Q2 2024) 0.41%
Total 2023 Residential Sales 631
% of Equity Rich Homes (Q2 2024) 49.17%
Effective 2023 Property Tax 0.87%
Total Foreclosure Filings (year-to-date) 9
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Albuquerque, NM 87112 Real Estate Overview

There were 664 residential properties sold in the past year in Albuquerque, NM 87112. The median home value in Albuquerque, NM 87112 is $301,803. There are a total of 14,473 residential properties in the 87112.

Median Sales Price i
$300,844
(Feb 2024)
+4.6%
year-over-year
y-o-y
  • February '24 Feb '24 $300,844
  • January '24 Jan '24 $321,313
  • December '23 Dec '23 $315,463
  • November '23 Nov '23 $310,000
  • October '23 Oct '23 $308,969
  • September '23 Sep '23 $303,125
  • August '23 Aug '23 $331,875
  • July '23 Jul '23 $296,528
  • June '23 Jun '23 $306,277
  • May '23 May '23 $291,087
  • April '23 Apr '23 $287,969
  • March '23 Mar '23 $292,128
Median Down Payment i
$52,813
(Feb 2024)
-8.2%
year-over-year
y-o-y
  • February '24 Feb '24 $52,813
  • January '24 Jan '24 $57,450
  • December '23 Dec '23 $50,050
  • November '23 Nov '23 $54,675
  • October '23 Oct '23 $56,583
  • September '23 Sep '23 $53,625
  • August '23 Aug '23 $62,400
  • July '23 Jul '23 $69,000
  • June '23 Jun '23 $60,695
  • May '23 May '23 $51,524
  • April '23 Apr '23 $64,350
  • March '23 Mar '23 $52,500
Number of Homes Sold i
41
(Feb 2024)
+7.9%
year-over-year
y-o-y
  • February '24 Feb '24 41
  • January '24 Jan '24 40
  • December '23 Dec '23 45
  • November '23 Nov '23 47
  • October '23 Oct '23 56
  • September '23 Sep '23 57
  • August '23 Aug '23 68
  • July '23 Jul '23 60
  • June '23 Jun '23 46
  • May '23 May '23 53
  • April '23 Apr '23 60
  • March '23 Mar '23 53
Number of Purchase Loans i
44
(Feb 2024)
+33.3%
year-over-year
y-o-y
  • February '24 Feb '24 44
  • January '24 Jan '24 37
  • December '23 Dec '23 33
  • November '23 Nov '23 42
  • October '23 Oct '23 51
  • September '23 Sep '23 49
  • August '23 Aug '23 64
  • July '23 Jul '23 43
  • June '23 Jun '23 38
  • May '23 May '23 53
  • April '23 Apr '23 47
  • March '23 Mar '23 53
Number of REFI Loans i
42
(Feb 2024)
+121.1%
year-over-year
y-o-y
  • February '24 Feb '24 42
  • January '24 Jan '24 29
  • December '23 Dec '23 19
  • November '23 Nov '23 20
  • October '23 Oct '23 31
  • September '23 Sep '23 21
  • August '23 Aug '23 33
  • July '23 Jul '23 30
  • June '23 Jun '23 30
  • May '23 May '23 28
  • April '23 Apr '23 27
  • March '23 Mar '23 33
Number of HELOC Loans i
11
(Feb 2024)
+120%
year-over-year
y-o-y
  • February '24 Feb '24 11
  • January '24 Jan '24 7
  • December '23 Dec '23 2
  • November '23 Nov '23 10
  • October '23 Oct '23 12
  • September '23 Sep '23 13
  • August '23 Aug '23 16
  • July '23 Jul '23 6
  • June '23 Jun '23 16
  • May '23 May '23 13
  • April '23 Apr '23 10
  • March '23 Mar '23 12

Albuquerque, NM 87112 Foreclosure Activity

There were a total of 4 Albuquerque, NM 87112 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i
4
(Feb 2024)
-33.3%
year-over-year
y-o-y
  • February '24 Feb '24 4
  • January '24 Jan '24 5
  • December '23 Dec '23 N/A
  • November '23 Nov '23 3
  • October '23 Oct '23 5
  • September '23 Sep '23 14
  • August '23 Aug '23 3
  • July '23 Jul '23 4
  • June '23 Jun '23 7
  • May '23 May '23 5
  • April '23 Apr '23 3
  • March '23 Mar '23 9
Foreclosure Starts i
3
(Feb 2024)
-40%
year-over-year
y-o-y
  • February '24 Feb '24 3
  • January '24 Jan '24 3
  • December '23 Dec '23 N/A
  • November '23 Nov '23 2
  • October '23 Oct '23 3
  • September '23 Sep '23 14
  • August '23 Aug '23 1
  • July '23 Jul '23 4
  • June '23 Jun '23 4
  • May '23 May '23 3
  • April '23 Apr '23 2
  • March '23 Mar '23 6
Completed Foreclosures (REOs) i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 N/A
  • December '23 Dec '23 1
  • November '23 Nov '23 N/A
  • October '23 Oct '23 1
  • September '23 Sep '23 N/A
  • August '23 Aug '23 1
  • July '23 Jul '23 1
  • June '23 Jun '23 1
  • May '23 May '23 1
  • April '23 Apr '23 N/A
  • March '23 Mar '23 1
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