87106 Homes For Sale Albuquerque NM | 87106 Real Estate & Houses

Search 87106 Homes For Sale Albuquerque NM- Your 87106 Real Estate Guide

Are you a home buyer searching for 87106 homes for sale in Albuquerque, NM? This area is one of the city’s most unique and vibrant neighborhoods, offering diverse real estate options catering to various lifestyles. From charming historic homes to modern condos, this area provides a variety of choices for buyers looking for something unique. Whether you work at UNM, CNM, Kirtland Air Force Base, Sandia National Labs, or the Albuquerque Sunport, 87106 may be your place. The area has a distinctive community vibe and has plenty to offer.  Our website makes it easy to search for the best 87106 homes for sale in the Southwest Multiple Listing Service (MLS).

• The median lot size in zip code 87106 is .16 acres
• The median size of a house in zip code 87106 is 1536 square feet.
• Most homes in zip code 87106 were built between 1930 and 1970, with the median year of construction being 1950.
• Mesa del Sol is a newer subdivision in the southern part 87106 that started building homes in 2012.
• Approximately 32% of the homes have one bedroom, 46% have two bedrooms, 19% have three bedrooms, 3% have four bedrooms, and .4% have five bedrooms or more.
• About 79% are single-story homes, 20% are two-story homes, and less than 1% are three stories or more.

The above data was developed from approximately 6,000 closed transactions in the Southwest MLS.
The map below is interactive and allows you to search the zip codes of your choice quickly.

Explore Homes For Sale in 87106 Albuquerque NM

Check out our complete MLS listings of real estate, condos, townhouses, and 87106 homes for sale in Albuquerque NM 87106.

Complete the form below, and a dedicated real estate agent from our Myers & Myers Real Estate office will assist you in searching Albuquerque NM 87106 homes for sale.

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About 87106

Albuquerque NM 87106 is a diverse and vibrant area, encompassing some of the city’s most notable neighborhoods like Nob Hill and the University of New Mexico district. This area blends historic charm with modern conveniences, offering a unique urban living experience. With a rich cultural scene and easy access to dining, entertainment, and education, 87106 attracts a mix of students, professionals, and families. The neighborhoods are walkable, and the proximity to key attractions makes it a desirable location for those who want to experience Albuquerque’s dynamic energy.

Albuquerque NM 87106 homes for sale offer various options, ranging from older, charming adobe homes to more modern condos and apartments. Many of the homes in the area reflect mid-20th-century architectural styles, especially in Nob Hill, where classic Southwestern designs are prevalent. In contrast, newer developments like Mesa del Sol at the southern edge offer contemporary homes featuring energy-efficient designs and modern amenities. The area’s housing options provide something for everyone, whether looking for a cozy historic home or a sleek, modern residence.

Here are some of the main attractions of Albuquerque NM 87106:

Median Home Price

Year	Median Sales Price	Median Sales Price/Square Foot	# Of Homes Sold Per Year	Most Expensive Home Sale
2023	$364,000	$231	225	$1,166,000
2022	$345,000	$222	259	$1,225,000
2021	$295,000	$191	354	$950,000
2020	$282,000	$169	323	$825,000
2019	$255,000	$162	287	$850,000
2018	$246,000	$158	257	$675,000
2017	$230,000	$150	249	$960,000
2016	$242,750	$150	232	$580,000
2015	$230,000	$146	235	$485,000
2014	$235,000	$149	209	$620,000

Appreciation Trends

	Median Sales Price	Median Sales Price Per Square Foot	Number Of Homes Sold Per Year
10 Year Change	+55%	+55%	-+7.7%
5 Year Change	+48%	+46%	-12%
1 Year Change	+5.5%	+4%	-13%

Location of Zip Code 87106

Zip code 87106 is centrally located in Albuquerque, making it one of the city’s most accessible areas. Bordered by major roads such as Central Avenue, Carlisle Boulevard, and I-25, 87106 offers quick and easy access to various parts of the city. The area is also well-connected by public transportation, making it a convenient choice for those who prefer to commute without a car.

Public Schools

The majority of students in 87106 will attend one of these elementary schools: Bandelier, Kirtland, Lew Wallace, Lowell, Monte Vista, Montezuma, Whittier, or Zia.

Most 87106 students will attend one of these middle schools: Jefferson, Washington, or Wilson.

Students 87106 will attend one of these high schools: Albuquerque or Highland.

Please note that this list of schools is not exact.  If the school district is essential to you, click on this link to search schools by address.

Subdivisions include:

110 Richmond Condominium	Buena Vista Heights	Centennial Villas
Clayton Heights	College View	Country Club
Dartmouth North Condos	Eagle's Nest Condominium	Granada Heights
Haines Park	John Hill	Kirtland
Knob Heights	Lobo Addition	Loma Linda
Loma Vista	Lomas Del Cielo	Lunada
Marberrys	McDuffie Place	Mesa Del Sol
Miracerros	Monte Vista	Monterrey Hills
Netherwood Park	Nob Hill	Parkland Hills
Silver Hill	Spruce Park	Summit Park
Sunset Terrace	Sunshine Terrace	Terrace Addition
The Place in Nob Hill	University Heights	University Crossings
Victory Addition	Victory Hills	Vista Larga

Conclusion How To Buy A Home In 87106

• Get Pre-Approved for a Mortgage: Obtain pre-approval from a lender to show sellers you’re a serious buyer and clarify your budget based on real numbers.
• Find a Real Estate Agent: Choose a knowledgeable agent who understands the homes for sale in 87106 NM market and can guide you through each step of the process.
• Set a Budget: Determine how much you can afford, considering your income, savings, and estimated monthly expenses. This helps narrow down homes for sale within your financial reach.
• Research the Market: Work with a real estate agent who knows the homes for sale 87106 real estate market, particularly in the area, to understand home values and market trends better.
• Begin Your Search for Homes for Sale: Start browsing Albuquerque NM 87106 homes for sale, considering factors like property size, layout, and amenities. Many listings offer virtual tours to explore homes from anywhere.
• Visit Open Houses or Schedule Showings: Touring homes for sale in 87106 in person helps you evaluate homes up close and get a feel for the neighborhood and surrounding area.
• Make an Offer: Once you find the ideal home, your real estate agent will help you craft a competitive offer based on recent market data and comparable sales.
• Negotiate Price and Terms: Once your offer is submitted, be prepared to negotiate with the seller on the price, closing date, and any additional terms.
• Plan Your Move: Coordinate moving plans by hiring movers or renting a truck. Organize packing and arrange logistics to ensure a smooth transition.
• Complete Inspections and Appraisals: After your offer is accepted, schedule a home inspection to identify potential issues. Your lender will order an appraisal to confirm the home’s market value.
• Finalize Your Mortgage: Work with your lender to finalize the mortgage, submit necessary documents, and lock in your interest rate for closing.
• Final Walkthrough: Conduct a final walkthrough of the home before closing to ensure that any agreed-upon repairs have been completed and that the property is in the expected condition.
• Transfer Utilities Into Your Name: Before moving in, contact utility providers to transfer services like electricity, water, gas, and internet into your name.
• Close the Sale: At closing, you’ll sign all required paperwork, pay closing costs, and officially take ownership of your new home.

Frequently Asked Question - FAQs About 87106

Q: Why Should I Buy a Home in Zip Code 87106?

Buying a home in zip code 87106 offers numerous benefits, making it a wise investment for many buyers. The area’s central location means you’re never far from Albuquerque’s top attractions, whether heading to work, attending a cultural event, or exploring the city’s vibrant nightlife. The walkability of the neighborhoods in 87106 is another major draw, allowing residents to easily enjoy the area’s shops, restaurants, and entertainment venues.

With many homes available, from historic properties to modern condos, you can find a home that fits your needs and preferences.  Mesa del Sol offers new 87106 homes for sale.