87105 Housing Market Report February 2025•Bernalillo County, New Mexico

Housing Prices in 87105, NM

How much do homes in 87105, NM cost?

Housing Market Conditions

Is 87105, NM a buyer’s or seller’s market?

Seller'sMarket

Buyer'sMarket

87105 is a Neutral Market

Difference Since February 2024

At the same time last year, 87105 was a Seller's Market.

Insight

87105 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Median Sold Price

$281,375$194/SqFt

-$8,625

-3.0%

Based on all homes sold in the last 12 months

Insight

Homes in 87105 have sold for 3% less than they did a year ago.

Summary: The median home sold price in 87105 was $281,375 in February 2025, down 3% from last year, and the median price per square foot was $194.

Median Sold Price By Zip Codes

City	Feb 2024	Feb 2025	Change YoY
87106	$362.4K	$390K	+7.6%
87102	$265K	$258.5K	-2.5%
87105	$290K	$281.3K	-3.0%

Median Sold Price By Bedrooms

Beds	Feb 2024	Feb 2025	Change YoY
11 Bedroom	$240K	$177.5K	-26.0%
22 Bedrooms	$221K	$220K	-0.5%
33 Bedrooms	$295.5K	$295K	-0.2%
44 Bedrooms	$325K	$392.5K	+20.8%
55+ Bedrooms	$379K	$392.9K	+3.7%

Summary: 87105 housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -26.0%. The home price for 2 bedroom homes decreased by -0.5%. The home price for 3 bedroom homes decreased by -0.2%. The home price for 4 bedroom homes increased by +20.8%. The home price for 5 bedroom homes increased by +3.7%.

Housing supply in 87105, NM

How many homes are available in 87105, NM?

Number of Homes For Sale

Last Month	2 months ago	Change MoM
127Last MonthFeb 2025
1322 months agoJan 2025	-3.8 % Change MoMJan – Feb

Summary: The 87105 real estate market had 127 homes for sale in Feb 2025, a 3.8 % decrease compared to Jan 2025.

Number of Homes Sold

Last Month	2 months ago	Change MoM
21Last MonthFeb 2025
262 months agoJan 2025	-19.2 % Change MoMJan – Feb

Homes For Sale By Bedroom Count

Beds	Jan 2025	Feb 2025	Change MoM
11 Bedroom	2	3	+50.0%
22 Bedrooms	18	18	0.0%
33 Bedrooms	83	76	-8.4%
44 Bedrooms	24	24	0.0%
55+ Bedrooms	5	6	+20.0%

Summary: 87105 housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +50.0%. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -8.4%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes increased by +20.0%.

Asking Price vs. Sold Price

How much do homes in 87105, NM cost?

Over Asking Price6 Homes

At Asking Price7 Homes

Under Asking Price8 Homes

Insight

If you're buying a home in 87105, you may be able to get a good deal. 38.1% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in 87105 in February 2025, down by 19.2% month-over-month. Of the 21 sold homes, 38% were sold under asking, 33% were sold at asking, and and 29% were sold over asking.

Days on Market for 87105, NM

How long does it take to sell a home in 87105, NM?

Breakdown of Home Sale Times

Under 30 Days13 Homes

30 – 90 Days2 Homes

Over 90 Days6 Homes

Insight

Many homes in 87105 are selling fast, if you're buying plan to act quickly.

Summary: During February 2025, 21 homes were sold in 87105; 62% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.

Average Sale Time

This Year	1 year ago	Change YoY
54 DaysThis YearFeb 2025
35 Days1 year agoFeb 2024	+51.8 % Change YoYFeb 2024 – Feb 2025

Summary: Homes in 87105 had an average listing age of 54 days in Feb 2025, up by 51.8% compared to the previous year.

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Newest Listings in 87105, NM

What homes are available in 87105, NM?

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pueblo revival-style home featuring an attached garage, concrete driveway, and stucco siding

New - 3 hours on Rocket

$3,859 Closing Credit¹

$325,000

3 beds • 2 baths • 1,407 sqft

1709 Garden Way SW, Albuquerque NM 87105

#1079394, John R Sabourin, Listing Office: Home Authority

ranch-style home featuring a garage, driveway, fence, and stucco siding

view of front of home with covered porch and stucco siding

New - 12 hours on Rocket3D tour

$2,731 Closing Credit¹

$230,000

2 beds • 1 bath • 1,542 sqft

2103 Malpais Rd SW, Albuquerque NM 87105

#1079376, Adam P. Trujillo, Listing Office: Keller Williams Realty

single story home with stucco siding, a front lawn, and brick siding

view of front of house featuring brick siding, fence, a front lawn, and stucco siding

New - 22 hours on Rocket

$5,047 Closing Credit¹

$425,000

3 beds • 2 baths • 2,215 sqft

1718 Evergreen Dr SW, Albuquerque NM 87105

#1079349, Carol J Bouloy, Listing Office: Coldwell Banker Legacy

view of front of home with fence private yard, a gate, and stucco siding

obstructed view of property with a fenced front yard, a gate, and stucco siding

exterior space with a fenced front yard, a gate, and stucco siding

New - 1 day on Rocket

$3,147 Closing Credit¹

$265,000

3 beds • 2 baths • 1,545 sqft

3129 Cypress Dr SW, Albuquerque NM 87105

#1079342, Roberta S. Robledo, Listing Office: Re/Max Exclusive

view of front of home with driveway, an attached garage, fence, a carport, and stucco siding

foyer entrance with light tile patterned floors and baseboards

New - 1 day on Rocket

$3,147 Closing Credit¹

$265,000

4 beds • 2 baths • 1,298 sqft

4527 Valley Garden Cir SW, Albuquerque NM 87105

#1078994, Eva M Reyes-Gutierrez, Listing Office: NM Home Team Realty

adobe home featuring stone siding, a tiled roof, and stucco siding

view of front of property featuring driveway, fence, and stucco siding

entryway featuring arched walkways, stone tile flooring, and a notable chandelier

New - 1 day on Rocket

$10,000 Closing Credit¹

$974,900

5 beds • 4 baths • 3,945 sqft

6908 Roble Blanco Dr SW, Albuquerque NM 87105

#1079317, Augusta R Pacheco-Mora, Listing Office: Realty One of New Mexico

southwest-style home featuring stucco siding

view of front of house featuring a yard and stucco siding

pueblo-style house featuring a front yard, fence, and stucco siding

New - 3 days on Rocket3D tour

$3,907 Closing Credit¹

$329,000

3 beds • 1 bath • 1,260 sqft

2319 Gandert Ave SE, Albuquerque NM 87106

#1079180, Cathy J Burns, Listing Office: Berkshire Hathaway NM Prop

view of front of house featuring fence and stucco siding

view of property with stairs, uncovered parking, and fence

New - 4 days on Rocket

$1,799 Closing Credit¹

$151,500

3 beds • 2 baths • 940 sqft

245 La Vida Nueva Del Oeste SW, Albuquerque NM 87105

#202500794, Leonel Munoz, Listing Office: Regal Real Estate Experts

view of front of house featuring metal roof and a fenced front yard

entrance to property featuring stucco siding

unfurnished dining area featuring a ceiling fan, baseboards, visible vents, and wood finished floors

New - 4 days on Rocket3D tour

$4,038 Closing Credit¹

$340,000

4 beds • 1 bath • 1,817 sqft

502 57th St NW, Albuquerque NM 87105

#1079094, Mitchel Waring, Listing Office: EXP Realty LLC

view of front of house featuring a garage and concrete driveway

view of front of property with concrete driveway and an attached garage

New - 4 days on Rocket

$6,709 Closing Credit¹

$565,000

3 beds • 3.5 baths • 3,433 sqft

1705 Calle Del Vista Rd NW, Albuquerque NM 87105

#1078991, Griselda Veronica Valverde, Listing Office: Realty One of New Mexico

kitchen with plenty of natural light, visible vents, stainless steel appliances, under cabinet range hood, and a sink

kitchen with dark countertops, under cabinet range hood, stainless steel appliances, and a sink

New - 5 days on Rocket

$3,324 Closing Credit¹

$279,900

3 beds • 2.5 baths • 1,810 sqft

505 Valplano Rd SE, Albuquerque NM 87105

#1079031, New Mexico Home Group, Listing Office: Jason Mitchell RE NM

view of front of property with stucco siding

view of front of property featuring stucco siding

New - 7 days on Rocket3D tour

$5,581 Closing Credit¹

$470,000

3 beds • 1.5 baths • 2,048 sqft

6053 Strand Loop SE, Albuquerque NM 87106

#1078859, Evan Cory Jones, Listing Office: Keller Williams Realty

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Based on information from Southwest Multiple Listing Service, Santa Fe MLS, and North Texas Real Estate Information Systems Inc. for the period 03/01/2023 - 03/01/2025

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed.

Copyright © 2025 Southwest Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/4/2025, 4:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

The data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of Santa Fe Association of REALTORS® MLS, Inc. Real estate listings held by brokers other than this broker are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/4/2025, 4:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

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Last updated on: 3/4/2025, 4:21:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.