$530,435
Average Sale Price (Last 6 Months)
~30 days
Average Days on Market
$265
Median Price Per Sq. Ft.
1.2 Months
Supply of Inventory
Local Gem
What Makes 87111 Special?
The 87111 zip code continues to be a desirable and highly competitive area in Albuquerque. The strong property values, shown by a median price of **$265 per square foot**, indicate a robust and stable market. Homes are selling quickly, with an average of just 30 days on the market.
Furthermore, the latest data shows only a **1.2-month supply of inventory**. A market is considered balanced at 6 months, so this extremely low number points to intense buyer demand and a strong **seller's market**. The blend of a vibrant local culture and a dynamic housing market makes 87111 a special place to call home.