Albuquerque, NM 87123

Real-Time Real Estate Market Report

Albuquerque, NM 87123

Single-Family Homes

Have the Market Insight Before You Buy or Sell

Tue Oct 13 2026
This week the median list price for Albuquerque, NM 87123 is $399,899 with the market action index hovering around 42. This is less than last month's market action index of 44. Inventory has increased to 58. Click here to stay informed with the Albuquerque market!

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Median List Price		$399,899
Median Price of New Listings		$390,000
Per Square Foot		$224
Average Days on Market		57
Median Days on Market		49
Price Decreased		43%
Price Increased		0%
Relisted		2%
Inventory		58
Median Rent
Market Action		42
Slight Seller's Advantage

Each segment below represents approximately 25% of the market ordered by price.

Median Price	Sq. Ft.	Lot Size	Beds	Bath	Age	New	Absorbed	DOM
$649,000	3,092	0.5 - 1 acre	4	3	38	2	4	56
$462,500	2,340	6,500 - 8,000 sqft	4	2	40	1	1	52
$364,000	1,535	4,500 - 6,500 sqft	3	2	37	1	1	49
$300,000	1,177	6,500 - 8,000 sqft	3	2	54	2	3	21

Median Price	Sq. Ft.	Lot Size	Beds	Bath	Age	New	Absorbed	DOM
$649,000	3,092	0.5 - 1 acre	4	3	38	2	4	56
$462,500	2,340	6,500 - 8,000 sqft	4	2	40	1	1	52
$364,000	1,535	4,500 - 6,500 sqft	3	2	37	1	1	49
$300,000	1,177	6,500 - 8,000 sqft	3	2	54	2	3	21

Median Price	Top $649,000	Upper $462,500	Lower $364,000	Bottom $300,000
Sq. Ft.	3,092	2,340	1,535	1,177
Lot Size	0.5 - 1 acre	6,500 - 8,000 sqft	4,500 - 6,500 sqft	6,500 - 8,000 sqft
Beds	4	4	3	3
Baths	3	2	2	2
Age	38	40	37	54
New	2	1	1	2
Absorbed	4	1	1	3
DOM	56	52	49	21

Real-Time Real Estate Market Report