Search 87108 Homes For Sale – Your Insider’s Real Estate Guide
Are you a home buyer searching for 87108 homes for sale in Albuquerque, NM? You’ve come to the right place. This website offers a comprehensive and easy-to-use search tool to browse the latest MLS listings, 87108. Whether you’re looking for a cozy condo, townhouse, single-family home, or investment property, our search features will help you find exactly what you want. With up-to-date listings and detailed property information, you can explore the best 87108 homes for sale from the comfort of your home.
- The median lot size is .16 acres
- The median size of a house is 1296 square feet.
- Most homes were built between 1940 and 1970, with the median year of construction being 1951.
- Approximately 3% of the homes have one bedroom, 28% have two bedrooms, 54% have three bedrooms, 12% have four bedrooms, and 1.7% have five bedrooms or more.
- About 90% are single-story homes, 9% 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.
Explore Homes For Sale in 87108 Albuquerque, NM
Check out our complete MLS listings of real estate, condos, townhouses, and 87108 homes for sale in Albuquerque, NM.
4613 Crest Avenue SE Albuquerque, New Mexico
2 Beds 1 Baths 1,036 SqFt 0.15 Acres
600 Montclaire Drive SE Albuquerque, New Mexico
4 Beds 3 Baths 3,550 SqFt 0.29 Acres
532 Arizona Street SE Albuquerque, New Mexico
3 Beds 3 Baths 1,974 SqFt 0.19 Acres
617 Palomas Drive SE Albuquerque, New Mexico
2 Beds 1 Baths 1,244 SqFt 0.19 Acres
351 Washington Street SE 102 Albuquerque, New Mexico
1 Beds 1 Baths 463 SqFt 0.06 Acres
4625 Gibson Boulevard SE Albuquerque, New Mexico
3 Beds 1 Baths 1,070 SqFt 0.15 Acres
420 Ortiz Drive NE Albuquerque, New Mexico
2 Beds 2 Baths 1,666 SqFt 0.08 Acres
4401 Marquette Avenue NE Albuquerque, New Mexico
4 Beds 2 Baths 2,380 SqFt 0.15 Acres
1708 Ridgecrest Drive SE Albuquerque, New Mexico
4 Beds 2 Baths 2,361 SqFt 0.16 Acres
1100 Alvarado Drive SE 304 Albuquerque, New Mexico
2 Beds 1 Baths 800 SqFt 0.15 Acres
8212 Southern Avenue SE Albuquerque, New Mexico
2 Beds 1 Baths 899 SqFt 0.16 Acres
812 Valencia Drive NE Albuquerque, New Mexico
2 Beds 2 Baths 1,226 SqFt 0.11 Acres
1100 Alvarado Drive SE 303 Albuquerque, New Mexico
1 Beds 1 Baths 616 SqFt
421 Texas Street NE Albuquerque, New Mexico
3 Beds 2 Baths 1,150 SqFt 0.15 Acres
5015 Pershing Avenue SE Albuquerque, New Mexico
3 Beds 2 Baths 1,415 SqFt 0.12 Acres
304 Shawnee Court SE Albuquerque, New Mexico
3 Beds 2 Baths 1,439 SqFt 0.05 Acres
1100 Alvarado Drive SE 201 Albuquerque, New Mexico
2 Beds 2 Baths 866 SqFt
322 Tennessee Street NE Albuquerque, New Mexico
2 Beds 1 Baths 854 SqFt 0.14 Acres
4632 Crest Avenue SE Albuquerque, New Mexico
3 Beds 2 Baths 1,546 SqFt 0.16 Acres
420 Alvarado Drive NE Albuquerque, New Mexico
3 Beds 2 Baths 2,190 SqFt 0.17 Acres
431 Alcazar Street NE Albuquerque, New Mexico
6 Beds 3 Baths 2,669 SqFt 0.16 Acres
529 Solano Drive NE Albuquerque, New Mexico
3 Beds 3 Baths 2,001 SqFt 0.15 Acres
405 Rhode Island Street NE Albuquerque, New Mexico
4 Beds 2 Baths 1,536 SqFt 0.16 Acres
4918 Palo Alto Avenue SE Albuquerque, New Mexico
2 Beds 1 Baths 1,289 SqFt 0.19 Acres
224 Shawnee Court SE Albuquerque, New Mexico
3 Beds 3 Baths 1,576 SqFt 0.05 Acres
945 Madeira Drive SE Albuquerque, New Mexico
2 Beds 1 Baths 906 SqFt 0.16 Acres
817 Alvarado Drive SE Albuquerque, New Mexico
2 Beds 1 Baths 850 SqFt 0.16 Acres
908 Ortiz Drive NE Albuquerque, New Mexico
3 Beds 2 Baths 1,410 SqFt 0.14 Acres
401 San Pablo Street NE Albuquerque, New Mexico
3 Beds 2 Baths 1,928 SqFt 0.23 Acres
337 Rhode Island Street NE Albuquerque, New Mexico
4 Beds 2 Baths 1,631 SqFt 0.16 Acres
525 Graceland Drive SE Albuquerque, New Mexico
3 Beds 2 Baths 2,052 SqFt 0.22 Acres
329 Washington Street NE Albuquerque, New Mexico
3 Beds 2 Baths 1,789 SqFt 0.18 Acres
8410 San Juan Road NE Albuquerque, New Mexico
3 Beds 1 Baths 1,116 SqFt
318 Grove Street SE Albuquerque, New Mexico
2 Beds 2 Baths 1,055 SqFt 0.16 Acres
716 Georgia Street SE Albuquerque, New Mexico
3 Beds 2 Baths 1,694 SqFt 0.19 Acres
4805 Trumbull Avenue SE Albuquerque, New Mexico
4 Beds 2 Baths 2,408 SqFt 0.21 Acres
809 Ridgecrest Drive SE Albuquerque, New Mexico
3 Beds 3 Baths 3,750 SqFt 0.75 Acres
320 Chula Vista Place NE Albuquerque, New Mexico
3 Beds 2 Baths 1,596 SqFt 0.19 Acres
413 Madeira Dr Drive NE Albuquerque, New Mexico
2 Beds 2 Baths 1,415 SqFt 0.07 Acres
400 Sierra Drive SE Albuquerque, New Mexico
3 Beds 2 Baths 1,727 SqFt 0.15 Acres
1100 Alvarado Drive SE 310 Albuquerque, New Mexico
1 Beds 1 Baths 627 SqFt
636 Florida Street SE Albuquerque, New Mexico
4 Beds 2 Baths 1,821 SqFt 0.18 Acres
709 Ortiz Drive NE Albuquerque, New Mexico
3 Beds 2 Baths 1,481 SqFt 0.14 Acres
1100 Alvarado Drive SE 307 Albuquerque, New Mexico
2 Beds 2 Baths 932 SqFt
1100 Alvarado Drive SE 208 Albuquerque, New Mexico
2 Beds 2 Baths 988 SqFt
417 Alvarado Drive NE Albuquerque, New Mexico
3 Beds 2 Baths 1,793 SqFt 0.17 Acres
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87108 Houses – Market Trends
The information below offers a comprehensive view of 87108’s real estate market, showcasing key trends in median home prices, sales volumes, and property appreciation. Additionally, demographic information reveals a diverse mix of residents, from young professionals to retirees, driving market dynamics. Understanding these key market trends is crucial for anyone looking to buy or sell a home, as they provide valuable insights into pricing, competition, and potential future returns.
Median Home Price
Year | Median Sales Price | Median Sales Price/Square Foot | # Of Homes Sold Per Year | Most Expensive Home Sale |
2023 | $265,000 | $193 | 274 | $925,000 |
2022 | $254,800 | $179 | 279 | $1,225,000 |
2021 | $230,000 | $166 | 384 | $680,000 |
2020 | $188,000 | $139 | 369 | $702,500 |
2019 | $175,000 | $124 | 334 | $1,140,000 |
2018 | $177,000 | $124 | 355 | $724,900 |
2017 | $158,000 | $112 | 333 | $740,000 |
2016 | $155,000 | $116 | 314 | $615,000 |
2015 | $157,250 | $109 | 240 | $508,000 |
2014 | $146,375 | $107 | 200 | $545,000 |
Appreciation Trends
Median Sales Price | Median Sales Price Per Square Foot | Number Of Homes Sold Per Year | |
10 Year Change | +81% | +80% | +36% |
5 Year Change | +50% | +56% | -23% |
1 Year Change | +4% | +7.8% | -1.8% |
Market Report
About 87108
Zip code 87108 is a diverse and vibrant community in Albuquerque, known for its rich cultural heritage and affordable housing options. The area is a blend of older, established neighborhoods and newer developments, providing a variety of housing styles and price points. The community is characterized by its strong sense of identity, with residents deeply connected to the neighborhood’s history and culture.
Zip code 87108 is one of Albuquerque’s most distinctive and diverse neighborhoods. Known for its eclectic mix of cultures, this vibrant area offers a unique blend of urban and suburban living. The area is home to the iconic International District, a melting pot of cultures that reflects Albuquerque’s rich heritage. Here, you’ll find a variety of ethnic restaurants, shops, and community events that celebrate the diversity of the neighborhood.
What makes 87108 truly unique is its sense of community and history. The area features historic homes, giving it a charming and authentic character. Residents of 87108 enjoy a neighborhood that is both walkable and bike-friendly, with easy access to parks, schools, and public transportation. The vibrant cultural scene, combined with the area’s affordability, makes 87108 a great place to live for those seeking a diverse and dynamic community.
Location of Zip Code 87108
Zip code 87108 is centrally located in Albuquerque, making it an ideal area for those who want to be close to the city’s amenities while enjoying a more relaxed neighborhood atmosphere. Bordered by major roads such as Central Avenue, San Mateo Boulevard, and Louisiana Boulevard, 87108 offers excellent connectivity to other parts of the city. The location provides easy access to downtown Albuquerque, the University of New Mexico, and the popular Nob Hill district.
87108 is also close to several key attractions, including the State Fairgrounds, Expo New Mexico, and the historic Route 66. For those who enjoy outdoor activities, the area is near several parks, including Wilson Park and Hyder Park, offering residents plenty of green spaces to relax and unwind. With its central location and diverse offerings, 87108 is a convenient and desirable place to call home.
Public Schools
The majority of students in 87106 will attend one of these elementary schools: Bandelier, Emerson, Kirtland, La Mesa, Mark Twain, Monte Vista, Sandia Base, Wherry, or Zia.
Most 87106 students will attend one of these middle schools: Hayes, Jefferson, Van Buren, 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.
Types of 87108 Homes For Sale in Albuquerque, NM
87108 homes for sale offer a variety of homes to suit different needs and budgets. You’ll find various property types, from charming mid-century bungalows to modern townhomes and condos. Many 87108 homes for sale feature unique architectural details that reflect the area’s history and character. Several older homes have been well-maintained or renovated for those interested in historic properties to meet modern standards.
In addition to single-family homes, 87108 offers a selection of multi-family properties, making it an attractive option for investors. The area’s affordability and variety of housing options make it popular for first-time homebuyers, families, and those looking for investment opportunities. Whether you’re interested in a condominium or a single-family home, you’ll find plenty of options here.
87108 Attractions
The 87108 zip code in Albuquerque is home to a vibrant mix of attractions that showcase the area’s rich cultural heritage and lively community spirit. From historic landmarks to modern entertainment venues, this neighborhood offers something for everyone. Whether you’re interested in exploring local art, enjoying green spaces, or discovering unique dining experiences, 87108 is full of hidden gems and popular destinations that make it a must-visit area. With a blend of tradition and modernity, the attractions in 87108 provide an authentic glimpse into Albuquerque’s diverse and dynamic character.
Expo New Mexico
Expo New Mexico, located in the heart of Albuquerque’s 87108 zip code, is a hub of activity and excitement throughout the year. As the home of the New Mexico State Fair, Expo New Mexico draws thousands of visitors every September, offering everything from carnival rides and agricultural showcases to live music and local art exhibits. The sprawling fairgrounds also host various other events, including car shows, rodeos, and cultural festivals, making it a vibrant and essential part of Albuquerque’s community life.
In addition to the State Fair, Expo New Mexico is a versatile venue that holds events year-round. Concerts, trade shows, and craft markets regularly attract diverse crowds from across the region. The venue’s expansive space allows for multiple events to coincide, whether a major concert at the Tingley Coliseum or a local farmers market in one of the smaller event halls. With such a wide range of activities, Expo New Mexico is truly a cornerstone of entertainment and culture in Albuquerque.
USS Bullhead Memorial Park
USS Bullhead Memorial Park, located in Albuquerque’s 87108 zip code, spans 44 acres and is dedicated to honoring the crew of the USS Bullhead, a World War II submarine lost in action. The park offers a tranquil setting with memorials that pay tribute to the brave sailors. Beyond its historical significance, the park boasts a variety of recreational amenities, including two playgrounds, seven soccer fields, four lit softball fields, barbecue grills, and picnic tables.
Downs Racetrack and Casino
The Downs Racetrack and Casino, located in Albuquerque’s 87108 area, is a popular entertainment destination featuring live horse racing and a full casino experience. As part of Expo New Mexico, the venue offers thrilling races during the season, attracting both locals and visitors. The casino provides various gaming options, from slot machines to electronic table games. With its rich history and modern amenities, The Downs is a hub for racing enthusiasts and a lively spot for dining, gaming, and special events throughout the year.
Nob Hill
Nob Hill in Albuquerque is a lively and historic neighborhood known for its unique charm and urban energy blend. Located along Route 66, this area has vibrant shops, eclectic dining options, and a thriving arts scene. Its iconic neon signs and classic architecture give Nob Hill a retro feel, while modern boutiques and cafes add a contemporary touch. The neighborhood is also home to beautifully preserved older homes, making it a sought-after destination for residents and visitors. With its walkability and creative atmosphere, Nob Hill is one of Albuquerque’s most beloved districts.
Ridgecrest
Ridgecrest in Albuquerque is a serene and established neighborhood known for its tree-lined streets, mid-century homes, and peaceful atmosphere. Located in the southeast part of the city, Ridgecrest offers a mix of charming older homes, many of which feature unique architectural designs. The area is popular for its quiet, family-friendly environment, yet it remains close to key attractions like the University of New Mexico and Nob Hill. With its lush parks and easy access to downtown, Ridgecrest provides a perfect balance of suburban tranquility and urban convenience.
International District
The International District in Albuquerque, located within the 87108 zip code, is a vibrant and diverse community known for its rich cultural tapestry. Often referred to as the city’s melting pot, this area is home to an array of international restaurants, markets, and businesses offering flavors and goods from around the world. The district celebrates its multicultural heritage through art, food, and festivals, making it a unique and colorful destination for visitors. The International District is also known for its close-knit community and ongoing revitalization efforts, enhancing its appeal as both a cultural hub and a residential area.
Subdivisions include:
Aliso Nob Hill Condos | Amesa Grande | B&R Addition |
Baron Burg Heights | Bel Park Villas Townhouses | Bosque Redondo |
Broadmoor | Carlisle Serenas | Central Park Addition |
College View | Del Norte | Elder Homestead |
Emil Mann Addition | Esperanza | Granada Heights |
Hatchell & Rice | Heights Reservoir | La Mesa |
Loma Verde | Mankato Place | Makins |
Mendelsbergs | Mesa Court | Mesa Grande |
Mesa Park | Mesa Verde | Moana Condos |
Nob Hill | Nob Hill East Condos | Parkland Hills |
Ridgecrest | Santilla Place | Straton Heights |
Siesta Hills | Silver Street Townhomes | Southern Terrace |
Tijeras Park | Tijeras Place | Tres Caminos |
Trumbull Park Village | Zuni Townhomes |
87108 Homes For Sales – Negotiation Strategies and Closing the Deal
Effective negotiation is crucial in securing a favorable deal. Research comparable properties in the 87108 area to understand the market value. This information can serve as a basis for your offer. Be prepared to negotiate on various aspects, including the price, closing costs, and contingencies. It’s essential to remain flexible and open to compromise while protecting your interests. Once an agreement is reached, work closely with your real estate agent and a trusted attorney to navigate the closing process, which includes finalizing the contract, securing financing, and completing necessary inspections and appraisals.
87108 Homes For Sale Investment Opportunities
This zip code presents numerous investment opportunities for real estate investors. This includes multi-family properties such as duplexes, triplexes, and apartment buildings, which can provide a steady rental income. There are also opportunities to invest in fixer-uppers or distressed properties that can be renovated and resold for a profit. The area’s diverse housing market and growing demand for rental properties make it an attractive option for new and experienced investors.
About Myers & Myers Real Estate
We have deep knowledge of 87108 homes for sale and are ready to assist home buyers, sellers, and investors. The area is rich in history and has a variety of homes, from charming older properties to newer builds that cater to different lifestyles. Whether you’re looking for a starter home, a vintage property with unique character, or a solid investment opportunity, we have the expertise to guide you through the process.
Our team understands the nuances of the 87108 real estate market. Many 87108 homes for sale offer affordable options for first-time buyers, while others are ideal for those seeking investment properties. With our extensive experience in helping clients navigate the complexities of buying and selling in 87108, you can trust us to provide the most relevant information and help you find the best opportunities.
We pride ourselves on offering personalized service to meet the needs of each client. Whether you’re a home buyer searching for your dream property, a seller looking to get the best price for your home, or an investor seeking long-term value, we’re here to assist you. Let our experience and commitment work for you in the 87108 real estate market.
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Conclusion
In conclusion, 87108 homes for sale in Albuquerque are a vibrant and diverse community offering various real estate options to suit different needs and preferences. Whether you're drawn to the area for its unique cultural charm, central location, or affordable housing, 87108 provides an appealing mix of historic character and modern convenience. By working with a knowledgeable Realtor and exploring the different neighborhoods, you can search for homes for sale in 87108 to meet your lifestyle and investment goals. Whether you're buying, investing, or selling, the 87108 real estate market presents exciting opportunities in one of Albuquerque's most distinctive areas.
How Do I Find the Best Realtor in 87108 to Purchase a Home?
Partnering with a local real estate agent can significantly streamline your home search process. Local agents possess in-depth knowledge of 87108 homes for sale, including neighborhood trends, school districts, and market conditions. They can provide valuable insights and access to listings that may not be widely advertised. Moreover, their expertise in negotiation and familiarity with the local market can help you secure a better deal. When selecting an agent, look for someone with a strong track record and positive client reviews.
Finding the best Realtor in 87108 to help you purchase a home is crucial to a successful buying experience. Start by asking for recommendations from friends, family, or colleagues who have recently bought homes in the area. You can also research online for Realtors with strong reviews and a proven track record.
When interviewing potential Realtors, ask about their experience with 87108 homes for sale, their approach to finding homes, and their availability to work with you. A good Realtor should be knowledgeable about the local market, responsive to your needs, and able to provide valuable insights throughout the buying process. Choose someone who understands your goals and is committed to helping you find the perfect home.
Contact Myers & Myers Real Estate to help you search for homes for sale in 87108.
How Do I Find the Best Realtor in 87108 to Sell My House?
If you’re looking to sell your home in 87108, finding the right Realtor is essential for achieving the best possible outcome. Start by researching Realtors with a strong presence in the area and a history of successful sales. Look for agents familiar with the local market trends, including pricing, buyer preferences, and effective marketing strategies.
When choosing a Realtor to sell your home, ask about their marketing plan, including how they plan to list and promote your property to attract potential buyers. A good Realtor should also provide a comparative market analysis (CMA) to help you price your home competitively. Additionally, consider their communication style and availability, as selling a home often requires close coordination and timely updates. By selecting a knowledgeable and proactive Realtor, you can increase your chances of a successful sale.
Why Should I Buy a Home in Zip Code 87108?
Buying 87108 homes for sale offers numerous advantages, making it an appealing choice for many homebuyers. The area’s central location provides easy access to all Albuquerque offers, from cultural attractions to shopping and dining. Additionally, the affordability of 87108 homes for sale makes it an attractive option for first-time buyers and those looking for a good value.
Nob Hill is among the most sought-after neighborhoods in the 87108 zip code. Known for its vibrant atmosphere, it offers a mix of historic charm and modern amenities. The area has trendy shops, restaurants, and entertainment options, making it a popular choice for young professionals and families.
Ridgecrest is another desirable neighborhood within the 87108 zip code. Its tree-lined streets and well-maintained homes characterize it. The community is known for its strong neighborhood pride and involvement in local events and activities.
The International District is a hub of activity, with local markets, festivals, and events that bring residents together. For those who value living in a vibrant and culturally rich area, 87108 is an excellent choice. Whether you are looking for a place to raise a family, invest in real estate, or enjoy a diverse community, this neighborhood offers a unique and rewarding living experience.