ZIP 87109 Housing Market & Real Estate Update (Albuquerque, NM) — February 21, 2026
87109 – February 21, 2026 – Albuquerque-area pulse: Redfin shows $352K median sale last month; inventory steady; rentals active; timelines ~6 weeks.
ZIP 87109 covers a slice of Albuquerque, New Mexico, and today’s read is a quick, numbers-first check on pricing, inventory, and how much leverage buyers and renters appear to have right now.
Top takeaways
- Closed-sale pricing is mixed: Redfin puts last month’s median sale around $352K (down year over year), while Zillow’s typical value is about $370K (slightly up year over year).
- Homes are still moving, but not overnight: Redfin shows ~42 days on market and Zillow shows a ~28-day median time to pending (different measures, but both point to roughly a 4–6 week cadence for many listings).
- Inventory looks moderate: Zillow shows roughly 90+ homes for sale, and Realtor.com’s ZIP snapshot shows about 100 active listings.
- Renters have plenty to browse: Realtor.com’s ZIP housing-market view shows hundreds of rental options and a median rent around $1,320/month (reporting period shown on their page).
Market snapshot (latest portal reads)
Sales: Redfin’s ZIP-level market page describes 87109 as very competitive, with a median sale price of $352K last month and a median sale price per square foot of $205. Their page also shows homes selling for about 2% below list on average and spending about 42 days on market.
Values/listing context: Zillow’s home-value dashboard for 87109 shows a typical home value near $369,866 (data through Jan 31, 2026) along with inventory and new-listing counts for that month. Realtor.com’s ZIP housing-market dashboard (reporting period: Dec 2025) lists a median home price around $367,000 and provides active-listing and rent context.
What’s for sale (no-address, practical ranges)
On the major portals, the active mix in 87109 spans condos and smaller attached homes in the low-to-mid $100Ks and $200Ks, plus a broad band of single-family options in the mid-$300Ks to $500Ks. There are also occasional higher-end listings well above that range, so pricing can feel ‘all over the map’ depending on neighborhood pocket, condition, and lot size.
Local planning + homeowner notes
With marketing times clustering in the 4–8 week range across portals, sellers generally benefit from being inspection-ready (roof, HVAC, plumbing) and from clean, well-documented upgrades. Buyers, meanwhile, may have room to negotiate on homes that sit past the first few weeks, especially if the listing started ambitious.
ServiceXTC local pros
ServiceXTC’s directory is still expanding, and we do not yet have enough clearly ZIP 87109-tagged provider pages to recommend a short, verified local list in this update. If you’re a home-service pro serving 87109 (inspection, HVAC, roofing, plumbing, electrical, remodeling), consider adding your business so locals can find you.
Sources (used for the figures above)
- Redfin ZIP 87109 housing market
- Zillow 87109 homes for sale search
- Zillow 87109 home values dashboard
- Realtor.com 87109 housing market dashboard
What are you seeing right now in 87109: more price cuts, more multiple-offer situations, or longer days before a home goes pending?