Homes For Sale in 87102 Albuquerque NM
Are you a home buyer searching for homes for sale 87102 Albuquerque? This website is your go-to resource. With an easy-to-navigate search tool, you can explore the latest 87102 homes for sale, from historic homes to modern condos. The search features allow you to filter properties based on your preferences, helping you find the perfect home that meets your needs. Stay updated with real-time listings and comprehensive property details to ensure you don’t miss out on the best 87102 homes for sale.
Search Houses for Sale 87102 – Updated MLS
Explore Homes For Sale In Albuquerque By Zip Codes
Easily search Albuquerque homes for sale by clicking on the interactive zip code map below. This powerful tool lets you explore homes for sale in Albuquerque by zip code, helping you quickly find your dream home. Simply click on the zip codes you’re interested in to view available listings and start your home search today with Myers & Myers Real Estate.
Search ABQ Homes By Zip Code
Explore Albuquerque homes for sale by zip code to find the perfect property that fits your lifestyle. Whether you’re searching for single-story homes, modern condominiums, stylish townhomes, or elegant luxury homes, our website makes it simple to search the MLS and find your next house.
About 87102
Houses for sale 87102 encompass Downtown Albuquerque and its surrounding neighborhoods. This area is rich in history, culture, and urban amenities, making it a desirable location for residents and investors. With a mix of commercial, residential, and cultural spaces, 87102 homes for sale offer a unique urban living experience that combines the old with the new.
The area is characterized by its diverse population, historic buildings, museums, and vibrant arts scene. Residents enjoy a bustling atmosphere with various dining, shopping, and entertainment options. Whether you’re looking for a trendy loft in the downtown area or a charming home in one of the surrounding neighborhoods, 87102 Homes for Sale has something to offer everyone.
Homes for sale 87102 offers a variety of options, from historic homes with unique architectural details to modern condos and lofts. The area’s walkability and proximity to downtown amenities make it desirable for those who enjoy an urban lifestyle.
Here are some of Albuquerque’s most iconic attractions:
Albuquerque BioPark, KiMo Theatre, Downtown Albuquerque, Albuquerque Convention Center, National Hispanic Cultural Center, Civic Plaza, and Rail Yards.
87102 Homes For Sale Median Home Price
| Year | Median Sales Price | Median Sales Price/Square Foot | # Of Homes Sold Per Year | Most Expensive Home Sold |
| 2023 | $257,500 | $220 | 182 | $729,000 |
| 2022 | $234,000 | $208 | 185 | $600,000 |
| 2021 | $210,001 | $183 | 263 | $600,000 |
| 2020 | $170,000 | $159 | 227 | $565,000 |
| 2019 | $172,250 | $143 | 186 | $465,000 |
| 2018 | $146,000 | $128 | 202 | $581,200 |
| 2017 | $134,600 | $115 | 183 | $520,000 |
| 2016 | $133,500 | $110 | 135 | $575,000 |
| 2015 | $139,250 | $118 | 122 | $330,000 |
| 2014 | $125,000 | $122 | 125 | $344,000 |
Appreciation Trends
| Median Sales Price | Median Sales Price Per Square Foot | Number Of Homes Sold Per Year | |
| 10 Year Change | +106% | +80% | +46% |
| 5 Year Change | +76% | +72% | -10% |
| 1 Year Change | +10% | +5.7% | -1.6% |
Location
Zip code 87102 is centrally located in Albuquerque, making it one of the most accessible areas in the city. It is bordered by major roads such as Central Avenue, Lomas Boulevard, and I-25 and provides easy access to other parts of Albuquerque and beyond. The area is well-served by public transportation, with several bus routes and the Albuquerque Rapid Transit (ART) system connecting residents to various parts of the city.
Public Schools
Most students will attend one of these elementary schools: Cochiti, Dolores Gonzales, East San Jose, Eugene Field, Lew Wallace, Longfellow, or Reginald Chavez.
Most students will attend one of these middle schools: Garfield, Jefferson, Washington, and Wilson.
Students will attend one of these high schools: Albuquerque or Valley.
Please note that this list of schools is not exact. If the school district is important to you, click this link to search for schools by address.
Case Study: Types of Homes In Zip Code 87102
To better understand the housing stock in Downtown Albuquerque and ZIP code 87102, I conducted a case study using 6,432 closed residential sales reported through the Southwest Multiple Listing Service and the Greater Albuquerque Association of Realtors. I reviewed property type, living area, lot size, construction year, bedroom count, and number of stories.
Key Findings From the 87102 Housing Study
According to our case study, homes in 87102 are generally smaller, older, and located on more compact lots than properties in many newer Albuquerque neighborhoods. The area also has a relatively high concentration of condominiums and townhomes. When comparing homes for sale in 87102, carefully compare property condition, renovations, parking, location, and housing type because these factors can significantly affect value within the same ZIP code.
- The median lot size for houses in ZIP code 87102 is approximately 0.11 acres.
- The median home size is 1,179 square feet.
- Most detached single-family homes were built between 1888 and 1960.
- The median year of construction is 1945.
- Condominiums and townhomes account for approximately 28% of the housing stock, a larger percentage than in many other parts of Albuquerque.
- 17% of homes have one bedroom.
- 42% have two bedrooms.
- 31% have three bedrooms.
- 5% have four bedrooms.
- Less than 1% have five or more bedrooms.
- 90% of the homes are single-story.
- 9% are two-story.
- Less than 1% have three or more stories.
What Our Results Mean for Buyers
The results show that homes for sale in ZIP code 87102 are dominated by smaller, older homes on compact lots. Buyers will also find a relatively high concentration of condominiums and townhomes, particularly near Downtown Albuquerque.
Many properties in this area offer historic architecture, established neighborhoods, and convenient access to Downtown employment, entertainment, restaurants, hospitals, and public transportation. However, the age of the housing stock means buyers should carefully evaluate electrical systems, plumbing, roofs, foundations, heating and cooling equipment, and previous renovations.
Buyers searching for homes for sale in 87102 should expect most properties to have two or three bedrooms, less living space than newer suburban homes, and smaller lots. In exchange, buyers may gain access to central locations, distinctive architecture, and neighborhoods that cannot be duplicated in newer developments.
What Our Results Mean for Sellers
Sellers should recognize that buyers often compare homes for sale in 87102 based on condition, updates, historic character, parking, and proximity to Downtown amenities. Because many homes are older and relatively small, thoughtful improvements and accurate pricing can significantly influence buyer interest.
This case study also shows why properties in ZIP code 87102 should not be priced using broad Albuquerque averages. Condominiums, townhomes, historic houses, and renovated properties can perform very differently, even when located only a few blocks apart.
Start Your New Construction Home Search in Albuquerque
ZIP code 87102 is not a one-size-fits-all market. Historic homes, downtown condos, townhomes, and renovated properties can vary significantly in condition and value, even within a few blocks.
I have been licensed since 2010, and my background in engineering and finance helps me evaluate pricing, construction quality, repair risks, financing, and resale potential. Buyers searching for 87102 homes for sale benefit from understanding not only the asking price, but also the property’s condition, renovation costs, and long-term value.
For sellers, accurate pricing matters more than an inflated list price. The goal is not to list a home at the highest number; it is to position it for the strongest sale and highest net proceeds.
Contact Myers & Myers Real Estate to discuss buying or selling a home in ZIP code 87102. I will help you evaluate the market, avoid costly mistakes, and develop a strategy based on your specific goals.
Testimonials
About the Author: John Myers
John Myers is the Owner and Qualifying Broker of Myers & Myers Real Estate in Albuquerque, New Mexico. Licensed since 2010, he helps buyers, sellers, and investors throughout Albuquerque, Rio Rancho, and Central New Mexico.
John holds a Bachelor of Science in Electrical Engineering and a Master’s Degree in Finance. His background supports a practical approach to evaluating property condition, pricing, market data, negotiation, and investment risk.
His professional certifications include ABR, SRS, PSA, LHC, SFR, CDPE, CIAS, and CRI. His areas of experience include residential sales, luxury homes, new construction, investment properties, short sales, foreclosures, and distressed real estate.
New Mexico Real Estate License: 19085
Brokerage: Myers & Myers Real Estate