The story of this market
The typical home in ZIP 87109 sells for about $375,000, or $239 per square foot.
Prices are up +7.14% from a year ago, so sellers still have some momentum. Homes take about 15 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,300 a month.
ZIP 87109 — Albuquerque
The 87109 housing market remains stable with a median sale price of $375,000 and a moderate inventory of 100 homes. Market activity is supported by consistent demand from local buyers, though rising days on market suggest a slight cooling in velocity compared to previous quarters. Overall, the market is characterized by steady price appreciation and balanced supply conditions.
This ZIP is well-suited for families and commuters seeking central access to Albuquerque's employment centers, as well as downsizers looking for established neighborhoods with proximity to amenities.
Median prices moved up 7.1% year over year.
Homes spend a median of 15 days on market with 2.4 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 98.9% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.2% · poverty 11.5% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 87109, Bernalillo County NM
Crime trends in the 87109 area are generally consistent with broader Albuquerque patterns, with property crime remaining a primary concern for residents compared to regional averages.
Schools serving the 87109 area are part of the Albuquerque Public Schools district, with performance ratings varying significantly by individual campus.
The area faces standard regional risks including high wind events and potential for wildfire smoke, though flood risk is generally low in this part of the city.
Economic momentum is driven by proximity to major Albuquerque employment hubs and established commercial corridors along Montgomery and San Mateo boulevards.
Property taxes are assessed by Bernalillo County based on the property's taxable value, with rates influenced by local school district and municipal levies.
Residents benefit from central access to I-25 and Paseo del Norte, providing efficient transit to downtown Albuquerque and the northern tech corridor.
The area features proximity to the Arroyo del Oso Park and golf course, with numerous local trails and shopping centers located along the major arterial roads.
The rental market is characterized by steady demand and moderate vacancy pressure, with a mix of long-term residential rentals and some short-term presence.
The local economy is anchored by healthcare, education, and government sectors, with significant employment provided by the nearby University of New Mexico and Sandia National Laboratories.
The area is served by a grid-based road network with strong access to I-25, facilitating north-south travel across the Albuquerque metro area.
Development is primarily focused on infill projects and the revitalization of existing commercial centers along the Montgomery and Carlisle corridors.
Parcels are subject to standard municipal and county tax levies, with no major MUD/PID districts reported for this specific ZIP.
Property insurance premiums are influenced by regional wildfire and wind risk factors, with market health remaining stable.
Data retrieved from data.census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Urban Air Trampoline and Adventure Park43.2 mi
- Cliff's Amusement Park4.31.3 mi
- Hinkle Fun Center4.46.2 mi
- Round1 Bowling & Arcade - Albuquerque4.23.6 mi
- Electric Playhouse4.27.7 mi
- Sandia Resort & Casino4.23.3 mi
- Isleta Amphitheater4.411.5 mi
- Rio Rancho Events Center4.312.1 mi
- Albuquerque Convention Center4.36.4 mi
- RGCU Field at Isotopes Park4.76.9 mi
- Sandia Peak Tramway4.75.9 mi
- ABQ BioPark Zoo4.57.4 mi
- Cinemark Century Rio Plex 24 and XD4.51.9 mi
- ABQ BioPark Aquarium4.67.4 mi
- Explora Science Center and Children's Museum of Albuquerque4.86.6 mi
- Sandia Peak Tramway4.75.9 mi
- Petroglyph National Monument4.610.3 mi
- ABQ BioPark - Botanic Garden4.77.5 mi
- Old Town Plaza4.66.9 mi
- North Domingo Baca Park4.71.6 mi
- Sandia Resort & Casino4.23.3 mi
- Topgolf Albuquerque4.42.8 mi
- Ladera Golf Course4.28 mi
- Arroyo Del Oso Golf Course4.41.4 mi
- Paradise Hills Golf Course4.36.7 mi
- Cottonwood Mall4.25.3 mi
- Coronado Center4.33.6 mi
- El Super4.18 mi
- Albuquerque International Sunport4.48.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Large public park featuring sports fields and walking paths.
Public 18-hole golf course serving the local community.
Major retail and dining hub serving the central Albuquerque area.
Deterministic aggregate of 1 researched property in this ZIP (latest reading each) — each property weighs one; per point, properties lacking the value are excluded. Property-level records (taxes, scores, permits) never roll individually.
No county-record distress flags across 1 researched property on the ARED base layer. Key-figure check: median price corroborated by the researched-property base layer (within 12.5%).