Real-Time Real Estate Market Report

Albuquerque, NM 87121

Single-Family Homes

Have the Market Insight Before You Buy or Sell



Albuquerque, NM 87121

Fri Jul 11 2025
This week the median list price for Albuquerque, NM 87121 is $335,000 with the market action index hovering around 53. This is less than last month's market action index of 57. Inventory has held steady at or around 62. Click here to stay informed with the Albuquerque market!

Market Action Index

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

Strong Seller's Market

Market Narrative

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Albuquerque, NM 87121

Fri Jul 11 2025
This week the median list price for Albuquerque, NM 87121 is $335,000 with the market action index hovering around 53. This is less than last month's market action index of 57. Inventory has held steady at or around 62. Click here to stay informed with the Albuquerque market!

Market Action Index

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

Strong Seller's Market

Market Narrative

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Albuquerque market.
Median List Price $335,000
Median Price of New Listings $315,000
Per Square Foot $206
Average Days on Market 67
Median Days on Market 39
Price Decreased 26%
Price Increased 2%
Relisted 5%
Inventory 62
Median Rent
Market Action 53
Strong Seller's Market

While the median price in this zip code hasn’t moved much in the last few weeks, we are relatively close to the market’s high-water mark. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.

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
$378,990 2,054 4,500 - 6,500 sqft 4 2.5 3 2 3 91
$350,000 1,623 0 - 4,500 sqft 3 2 3 3 1 35
$315,000 1,651 4,500 - 6,500 sqft 3 2 20 3 4 14
$284,900 1,232 6,500 - 8,000 sqft 3 2 48 4 1 21