Real-Time Real Estate Market Report

Albuquerque, NM 87120

Single-Family Homes

Have the Market Insight Before You Buy or Sell



Albuquerque, NM 87120

Tue Jul 01 2025
This week the median list price for Albuquerque, NM 87120 is $474,000 with the market action index hovering around 40. This is less than last month's market action index of 43. Inventory has held steady at or around 174. 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.

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its 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 87120

Tue Jul 01 2025
This week the median list price for Albuquerque, NM 87120 is $474,000 with the market action index hovering around 40. This is less than last month's market action index of 43. Inventory has held steady at or around 174. 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.

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its 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 $474,000
Median Price of New Listings $422,500
Per Square Foot $216
Average Days on Market 67
Median Days on Market 42
Price Decreased 48%
Price Increased 1%
Relisted 4%
Inventory 174
Median Rent
Market Action 40
Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

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
$699,950 3,142 0.25 - 0.5 acre 4 3 9 3 1 63
$530,000 2,393 6,500 - 8,000 sqft 4 2.3 9 4 2 56
$422,500 2,069 4,500 - 6,500 sqft 3 2.3 21 5 4 35
$349,999 1,743 4,500 - 6,500 sqft 3 2 30 6 7 21