The story of this market
The typical home in ZIP 87107 sells for about $312,953, or $205 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 34 days to sell. HUD's fair market rent for a two-bedroom is $901 a month.
ZIP 87107 — Albuquerque
The 87107 housing market shows stability with modest year-over-year price growth and a balanced inventory level. Market activity is driven by local demand for established neighborhoods and proximity to the Albuquerque urban core, though affordability remains a key factor for buyers.
This ZIP is well-suited for families and long-term residents seeking a mix of suburban and semi-rural living, as well as commuters who value proximity to downtown Albuquerque.
Median prices moved up 2.1% year over year.
Homes spend a median of 34 days on market with 2.4 months of supply — a fast-moving market.
18% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.8% · poverty 15.6% — 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 5.3%/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 4.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 87107, Bernalillo County NM
Crime rates in the 87107 area are generally consistent with broader Albuquerque trends, with property crime remaining a primary concern for local law enforcement compared to national averages.
Schools serving the 87107 area are part of the Albuquerque Public Schools district, with performance ratings varying significantly by individual campus.
The area faces moderate risks related to high winds and occasional flash flooding, typical of the high-desert climate in the Rio Grande Valley.
Economic momentum is driven by proximity to the Albuquerque employment core, with ongoing redevelopment efforts along the 4th Street corridor and agricultural-commercial mixed-use projects.
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 typically commute via I-25 or 4th Street to reach downtown Albuquerque, with average commute times reflecting typical urban traffic patterns.
The area features access to the Rio Grande Bosque trails, several local parks, and proximity to the shopping and dining districts of Los Ranchos de Albuquerque.
The rental market is characterized by a mix of single-family homes and apartment complexes, with steady demand driven by the area's central location.
The local economy is anchored by government, education, and healthcare sectors in the greater Albuquerque area, with a strong presence of small businesses in 87107.
Development is focused on infill projects and the preservation of agricultural land in the North Valley area.
Parcels are subject to Albuquerque Public Schools district taxes and various municipal utility assessments.
Property insurance premiums are influenced by regional wildfire and wind risk factors common to Bernalillo County.
Data retrieved from Census Bureau 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 Park41.5 mi
- Cliff's Amusement Park4.33 mi
- Hinkle Fun Center4.48.5 mi
- Round1 Bowling & Arcade - Albuquerque4.24.1 mi
- Electric Playhouse4.23.6 mi
- Sandia Resort & Casino4.26.5 mi
- Isleta Amphitheater4.49.4 mi
- Rio Rancho Events Center4.312.4 mi
- Albuquerque Convention Center4.33.2 mi
- RGCU Field at Isotopes Park4.74.5 mi
- Sandia Peak Tramway4.79.9 mi
- ABQ BioPark Zoo4.54.1 mi
- Cinemark Century Rio Plex 24 and XD4.52.2 mi
- ABQ BioPark Aquarium4.63.6 mi
- Explora Science Center and Children's Museum of Albuquerque4.82.8 mi
- Sandia Peak Tramway4.79.9 mi
- Petroglyph National Monument4.66.3 mi
- ABQ BioPark - Botanic Garden4.73.6 mi
- Old Town Plaza4.63.1 mi
- North Domingo Baca Park4.75.5 mi
- Sandia Resort & Casino4.26.5 mi
- Topgolf Albuquerque4.41.5 mi
- Ladera Golf Course4.24 mi
- Arroyo Del Oso Golf Course4.44.1 mi
- Paradise Hills Golf Course4.35.1 mi
- Cottonwood Mall4.24.5 mi
- Coronado Center4.34.3 mi
- El Super4.14.2 mi
- Albuquerque International Sunport4.46.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Extensive trail system along the river.
Local boutique shops and agricultural markets.
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%).