Real-Time Real Estate Market Report
Bernalillo, NM 87004
Single-Family Homes
Have the Market Insight Before You Buy or Sell
Bernalillo, NM 87004
Thu Sep 10 2026
This week the median list price for Bernalillo, NM 87004 is $440,000 with the market action index hovering around 35. This is less than last month's market action index of 43. Inventory has increased to 33.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Market Narrative
The market has been consistently cool for several weeks. Demand level are low relative to the available inventory. It's a Buyer's market and prices continue to fall. Look for a persistent shift in Market Action before prices plateau or begin to rise again.
Real-Time Market Profile
| Median List Price | $440,000 | |
| Median Price of New Listings | $427,500 | |
| Per Square Foot | $225 | |
| Average Days on Market | 108 | |
| Median Days on Market | 49 | |
| Price Decreased | 52% | |
| Price Increased | 0% | |
| Relisted | 6% | |
| Inventory | 33 | |
| Median Rent | ||
| Market Action | 35 | |
| Slight Seller's Advantage | ||
The market has been consistently cool for several weeks. Demand level are low relative to the available inventory. It's a Buyer's market and prices continue to fall. Look for a persistent shift in Market Action before prices plateau or begin to rise again.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $675,000 | 2,634 | 4,500 - 6,500 sqft | 3 | 2.5 | 19 | 0 | 0 | 70 |
| $467,000 | 2,225 | 4,500 - 6,500 sqft | 3 | 2.5 | 16 | 1 | 0 | 101 |
| $415,000 | 1,614 | 4,500 - 6,500 sqft | 3 | 2 | 19 | 2 | 0 | 38 |
| $297,000 | 1,400 | 6,500 - 8,000 sqft | 3 | 2 | 42 | 1 | 0 | 35 |