87116 Home Prices and Home Values

  • Zillow Home Value Index

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    Zillow Home Value Index
    Mid-point of Zestimate valuations for 87116. Half the Zestimates are above this number and half are below it.
  • Median list price ($)

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    Median list price ($)
    Mid-point of the list price for homes listed on Zillow in 87116, or the asking price.
  • Median sale price ($)

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    Median sale price ($)
    Mid-point of the price homes have sold for in 87116. Half the homes sold above this number and half sold below.
  • Zillow Rent Index

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    Zillow Rent Index
    Mid-point of Rent Zestimates—Zillow's estimated monthly rent price—for homes in 87116. Half the Rent Zestimates are above this number and half are below it.
  • Median rent list price ($)

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    Median rent list price ($)
    Mid-point of the rental price for homes listed for rent on Zillow in the 87116. Half the homes have rent prices above this number and half are below.
  • Total homes sold

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    Total homes sold
    Total number of homes sold in 87116 during the prior 30 days.
  • Median value per sq. ft. ($)

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    Median value per sq. ft. ($)
    Mid-point of the value of all homes in 87116, per square foot. This is derived by taking the Zestimate for each home and dividing it by the homes square footage (e.g. a 1,000 sq ft home with a Zestimate of $200k has a $200 value/sq foot).
  • Median list price / sq. ft. ($)

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    Median list price / sq. ft. ($)
    Mid-point of 87116s list prices when divided by the square footage of a home (e.g. a 1,000 sq ft home with a list price of $200k has a list price/sq ft of $200).
  • Median sale price / sq. ft. ($)

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    Median sale price / sq. ft. ($)
    Mid-point of 87116s sale prices when divided by the square footage of a home (e.g. a 1,000 sq ft home that sold for $200k has a sale price/sq ft of $200).
  • Rent estimate / sq. ft. ($)

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    Rent estimate / sq. ft. ($)
    Mid-point of the estimated monthly rent price of all homes in 87116, per square foot. This is derived by taking the Rent Zestimate for each home and dividing it by the homes square footage (e.g. a 1,000 sq ft home with a Rent Zestimate of $2000 per month has a $2 value/sq foot).
  • Median rent list price / sq. ft. ($)

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    Median rent list price / sq. ft. ($)
    Mid-point of 87116s rent when divided by the square footage of a home (e.g. a 1,000 sq ft home with a rent of $1,200 has a rent/sq ft of $12).
  • Median sale-to-list price ratio

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    Median sale-to-list price ratio
    Mid-point of the ratio between the sale price and the list price for all homes in 87116 (e.g. if a home with a list price of $200k sells for $250k, its ratio would be 5:4 or 1.25).
  • Listings with price cut (%)

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    Listings with price cut (%)
    The percentage of current listings on Zillow in 87116 whose price has been reduced in the last 30 days.
  • Median price cut (%)

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    Median price cut (%)
    Mid-point of the percentage of price reduction for homes in 87116 whose prices have been reduced in the past full month.
  • Sold for loss (%)

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    Sold for loss (%)
    The percentage of homes in 87116 that sold for less than the previous purchase price (e.g. a home purchased for $250k and then sold for $225k). This excludes foreclosure transactions.
  • Sold for gain (%)

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    Sold for gain (%)
    The percentage of homes sold for more than their previous purchase price (e.g. a home purchased for $225k and then sold for $250k).
  • Homes foreclosed

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    Homes foreclosed
    Number of homes in 87116 that have been foreclosed but not yet resold to a private party. Expressed as a ratio (foreclosed homes per 10,000 total homes). It does not include homes for which the foreclosure process has started but not yet finished.
  • Foreclosure re-sales (%)

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    Foreclosure re-sales (%)
    The percentage of home sales in a given month in 87116 where the home was foreclosed upon within the previous 12 months (e.g. sales of bank-owned homes after the bank repossessed a home during a foreclosure).
  • Increasing values (%)

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    Increasing values (%)
    The percentage of homes in 87116 whose values have increased in the past year.
  • Decreasing values (%)

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    Decreasing values (%)
    The percentage of all homes in 87116 whose value has fallen in the last year.
  • Sold in past year (%)

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    Sold in past year (%)
    The percentage of all homes in 87116 that were sold in the past 12 months.
  • Current Value Unavailable
  • --Y-o-Y
 
 
 
 
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This data is not available for 87116.

RegionId
Region
M-o-M
Q-o-Q
Y-o-Y
Jun 2014
95311
95296
95297
95298
95299
-7.0%
11.1%
11.1%
1000
95301
95302
95303
-4.3%
-4.3%
-7.6%
550
95304
-8.9%
-11.4%
3.1%
820
95305
6.8%
6.8%
8.1%
1020
95306
95307
95308
0.4%
0.4%
4.0%
1300
95309
-0.4%
3.9%
1.7%
1200
95313
95314
3.5%
3.6%
8.2%
1190
95319
95324
95327
95328
95332
95334
95335
95336
95338
95339
95340
95341
 
Mortgage Rates
 
Homes for Sale
  1. 3417 Ross Ave SE, Albuquerque, NM Home For Sale
    3417 Ross Ave SE, Albuquerque, NM 87106

     For Sale: $140,000

    • Beds: 0
    • Sqft: 2950
    • Baths: --
    • Lot: 6969
  2. 3421 Ross Ave SE, Albuquerque, NM Home For Sale
    3421 Ross Ave SE, Albuquerque, NM 87106

     For Sale: $140,000

    • Beds: 0
    • Sqft: 2950
    • Baths: --
    • Lot: 7405
  3. 1450 Ridgecrest Dr SE, Albuquerque, NM Home For Sale
    1450 Ridgecrest Dr SE, Albuquerque, NM 87108

     For Sale: $392,000

    • Beds: 3
    • Sqft: 2450
    • Baths: 2.0
    • Lot: 14810
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