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Zip Code 87114

Albuquerque, NM • Bernalillo County

Real Estate Market Analysis

Q3 2025 Report
$365,000 (June 2025)
Median Home Value
~65,000 (est.)
Population
$78,000 (est.)
Median Income
B to B+ (Niche, GreatSchools)
School District Rating

Market Statistics

Property Values

$365,000 (June 2025)
Median Home Value
$1,800–$2,100 (est.)
Median Rent
$197 (June 2025)
Price per Sq Ft

Market Performance

Home AppreciationFlat year-over-year (0%)
Market VelocitySeller's market; median days on market: 25–35 days
Foreclosure RateLow (below national average, est.)

Area Information

Area Sizeapprox. 30 sq mi
CountyBernalillo
Primary CityAlbuquerque

Housing Profile

Housing Statistics

Total Housing Units~16,000 (est.)
Owner Occupied~70%
Rental Properties~30%
Vacant Units~5%
New ConstructionActive, especially single-family homes and townhomes

Housing Types

Single-family detachedTownhomesCondosApartments

Demographics

~65,000 (est.)
Population
38
Median Age
$78,000 (est.)
Median Income
Above 95% (unemployment ~4.5%)
Employment Rate
High school grad+: 92%; Bachelor's+: 36%
Education Levels
Predominantly families and professionals; average household size: 2.7
Family Composition

Education Quality

School District Performance

B to B+ (Niche, GreatSchools)
District Rating
School DistrictAlbuquerque Public Schools (APS)
Test ScoresAt or slightly above NM average
Graduation Rates~80%

Schools in Area

  • Cibola High School
  • Petroglyph Elementary
  • James Monroe Middle School
  • Seven Bar Elementary

Economic Factors

Employment & Business

Job GrowthSteady, 1.5% YoY (2024–2025)
Unemployment Rate~4.5%
Business EnvironmentStable, moderate growth in retail and services
Commercial ActivityActive along Coors Blvd and Cottonwood Mall area

Major Employers

  • Presbyterian Healthcare
  • Intel
  • Sandia National Labs
  • Albuquerque Public Schools

Infrastructure & Quality of Life

Infrastructure

Transportation Access

  • • Coors Blvd NW
  • • Paseo del Norte Blvd
  • • Public bus routes

Utilities & Services

  • • PNM (electric)
  • • NM Gas Co.
  • • ABCWUA (water/sewer)

Quality of Life

Safety & Environment

Lower than Albuquerque average; property crime moderate, violent crime low

Good air quality, low pollution

Healthcare Access

  • • Presbyterian Rust Medical Center
  • • Urgent care clinics

Development Trends

Planned Developments

  • New subdivisions west of Coors Blvd
  • Retail expansion near Cottonwood Mall

Infrastructure Projects

  • • Road widening on Unser Blvd
  • • Park improvements

Investment Outlook

Growth Outlook

Moderate, steady population and housing growth

Investment Opportunities

  • • Single-family rentals
  • • New construction sales
  • • Retail/office leasing

Marketing Intelligence

Target Demographics

  • Move-up buyers
  • Young families
  • Healthcare professionals
  • Remote workers

Competitive Advantages

  • Lower crime than city average
  • Modern housing stock
  • Access to major employers

Pricing Strategies

Competitive pricing near median; incentives for quick close

Common Objections & Response Strategies

Objection: Higher prices compared to some Albuquerque zip codes

Response Strategy:

Emphasize value: newer homes, better schools, lower crime, and amenities

Objection: Traffic congestion on Coors Blvd

Response Strategy:

Highlight alternative routes, recent road improvements, and proximity to major employers

Objection: Limited nightlife or urban amenities

Response Strategy:

Focus on family-friendly environment, parks, and easy access to downtown

Professional Recommendations

1

Leverage virtual tours and targeted social media ads

2

Emphasize school quality and parks in marketing

3

Network with local employers for relocation leads

4

Monitor new construction inventory for opportunities

5

Educate buyers on competitive offer strategies

Competitive Analysis

Comparable Markets

  • 87120 (Westside ABQ)
  • 87121 (Southwest ABQ)
  • Rio Rancho (87124, 87144)

Market Positioning

Family-friendly, move-up market with stable values

Competitive Advantages

  • Lower crime, newer homes, better schools than 87121
  • More amenities and newer retail than 87120

Price Comparison

Slightly higher than 87121, similar to 87120, lower than Rio Rancho luxury areas

Investment Metrics

5.5%–6.5% (single-family rentals, est.)
Cap Rates
~6% gross yield
Rental Yields
16–18
Price-to-Rent
Positive for well-priced rentals, especially new builds
Cash Flow
2–3% annually (2025–2027, est.)
Appreciation

Buyer Journey Insights

First-Time Buyers

Challenging due to price, but options exist for smaller homes/condos; down payment assistance available

Move-Up Buyers

Strong inventory of larger homes; good value for upgrading within the area

Downsizers

Townhomes and low-maintenance options available, though limited

Investors

Solid rental demand and stable returns; focus on single-family and new construction

Relocators

Attractive for those seeking safety, schools, and suburban amenities

This zip code analysis was generated using comprehensive market data and AI intelligence.

Market conditions change rapidly - consult with local real estate professionals for the most current information.

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Nearby Areas

North Valley in Albuquerque, NM

neighborhood

4 miles away

$450,000

Old Town in Albuquerque, NM

neighborhood

6 miles away

$400,000

Similar Markets

87121 (NM)

zip_code

Similar market (91% price match)

$320,000

Albuquerque, NM

city

Similar market (91% price match)

$320,000