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ALGODONES, NM 87001

Real Estate Market Report  ·  Sandoval County
Seller's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The ALGODONES, NM real estate market (87001) currently shows 2 active listings. Homes are averaging 26 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 26 days on market compared to 124 days last year.

The median listing price has risen 51.6% year-over-year, from $619,999 to $940,000.

Whether you are buying or selling in ALGODONES, NM, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 3,393  ·  Density: 13.2/mi²  ·  Median household income: $38,421

Typical home value: $217,809  ·  Homeownership: 65.1%

Market Overview

Active Listings
2
⇩ 50% vs 4 last year
Pending
0
0% pending ratio
Median Price
$940,000
⇧ 51.6% vs $619,999 last year
Average Price
$940,000
⇧ 51.6% vs $619,999 last year
Days on Market
26
⇩ 79% vs 124 days last year

Price Per Square Foot

Median $/sqft
$483
⇧ 128.9% vs $211/sqft last year
Median Home Size
1,953 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 2 this year vs 4 last year
  • Days on market: 26 now vs 124 last year

Median & Average Pricing

Year over Year
  • Median: $940,000 (+51.6% YoY)
  • Average: $940,000 (+51.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 27.1 miles — 1,204 listings ($709,356,320 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
87001Algodones, NM 870010.0 mi1$940,000$940,000$940,000
87004Bernalillo, NM 8700411.7 mi25$13,326,825$507,500$533,073
87010Cerrillos, NM 8701013.8 mi12$7,081,092$595,000$590,091
87122Albuquerque, NM 8712216.7 mi65$87,867,780$972,675$1,351,812
87008Cedar Crest, NM 8700818.3 mi15$7,181,775$444,100$478,785
87144Rio Rancho, NM 8714419.6 mi320$160,246,080$449,769$500,769
87507Santa Fe, NM 8750720.9 mi193$118,206,324$541,225$612,468
87114Albuquerque, NM 8711422.7 mi165$81,638,535$399,500$494,779
87110Albuquerque, NM 8711023.8 mi102$38,052,018$350,450$373,059
87123Albuquerque, NM 8712324.7 mi93$58,605,810$357,500$630,170
87508Santa Fe, NM 8750825.5 mi94$85,571,490$797,000$910,335
87108Albuquerque, NM 8710826.0 mi72$22,485,168$291,250$312,294
87104Albuquerque, NM 8710427.1 mi47$28,153,423$506,000$599,009

Frequently Asked Questions

How many homes are for sale in ALGODONES, NM 87001?

As of March 2026, there are 2 active listings in ALGODONES, NM (zip code 87001), compared to 4 the prior year.

What is the median home price in ALGODONES, NM 87001?

The median listing price in ALGODONES, NM 87001 is $940,000 as of March 2026, a 51.6% increase from $619,999 the prior year.

How long do homes stay on the market in ALGODONES, NM?

Homes in ALGODONES, NM 87001 spend an average of 26 days on the market before going under contract, compared to 124 days the prior year.

Is it a seller's or buyer's market in ALGODONES, NM 87001?

Based on current inventory and days-on-market data as of March 2026, ALGODONES, NM 87001 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 26 days on market compared to 124 days last year.

How much can I save on real estate commission in ALGODONES, NM?

With SELL123.com's maximum 3% commission, sellers in ALGODONES, NM 87001 save an estimated $18,800 compared to a typical 5% commission on the median listing price of $940,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.