Real-Time Real Estate Market Report
Albuquerque, NM 87121
Single-Family Homes
Have the Market Insight Before You Buy or Sell
Albuquerque, NM 87121
Tue Oct 13 2026
This week the median list price for Albuquerque, NM 87121 is $320,000 with the market action index hovering around 41. This is less than last month's market action index of 43. Inventory has increased to 84.
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 off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.
Real-Time Market Profile
| Median List Price | $320,000 | |
| Median Price of New Listings | $307,000 | |
| Per Square Foot | $199 | |
| Average Days on Market | 63 | |
| Median Days on Market | 42 | |
| Price Decreased | 42% | |
| Price Increased | 4% | |
| Relisted | 7% | |
| Inventory | 84 | |
| Median Rent | ||
| Market Action | 41 | |
| Slight Seller's Advantage | ||
Again this week we see a downward notch for prices in this zip code. We continue to pull back from the market’s highs. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in 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 |
|---|---|---|---|---|---|---|---|---|
| $375,000 | 2,147 | 4,500 - 6,500 sqft | 4 | 2.5 | 12 | 0 | 1 | 56 |
| $335,000 | 1,973 | 4,500 - 6,500 sqft | 3 | 2.5 | 20 | 2 | 2 | 49 |
| $314,000 | 1,504 | 4,500 - 6,500 sqft | 3 | 2 | 21 | 3 | 3 | 28 |
| $285,000 | 1,272 | 4,500 - 6,500 sqft | 3 | 2 | 25 | 4 | 3 | 21 |