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BERNALILLO, NM 87004

Real Estate Market Report  ·  Sandoval County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The BERNALILLO, NM real estate market (87004) currently shows 25 active listings, with 7 pending sales. Homes are averaging 81 days on the market before going under contract.

Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 81 days on market compared to 66 days last year.

The median listing price has risen 7.2% year-over-year, from $482,500 to $517,475.

Whether you are buying or selling in BERNALILLO, 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: 11,614  ·  Density: 49.5/mi²  ·  Median household income: $58,442

Typical home value: $195,249  ·  Homeownership: 76.0%

Market Overview

Active Listings
25
⇩ 21.9% vs 32 last year
Pending
7
28% pending ratio
Median Price
$517,475
⇧ 7.2% vs $482,500 last year
Average Price
$598,778
⇩ 20.9% vs $756,609 last year
Days on Market
81
⇧ 22.7% vs 66 days last year

Price Per Square Foot

Median $/sqft
$219
⇩ 2.7% vs $225/sqft last year
Median Home Size
2,387 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 25 this year vs 32 last year
  • Days on market: 81 now vs 66 last year

Median & Average Pricing

Year over Year
  • Median: $517,475 (+7.2% YoY)
  • Average: $598,778 (-20.9% 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 26.1 miles — 870 listings ($506,648,996 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
87004Bernalillo, NM 870040.0 mi25$13,326,825$507,500$533,073
87043Placitas, NM 8704310.3 mi51$41,423,883$746,988$812,233
87001Algodones, NM 8700111.7 mi1$940,000$940,000$940,000
87114Albuquerque, NM 8711414.1 mi165$81,638,535$399,500$494,779
87122Albuquerque, NM 8712214.8 mi65$87,867,780$972,675$1,351,812
87107Albuquerque, NM 8710717.5 mi82$74,832,298$512,475$912,589
87110Albuquerque, NM 8711019.2 mi102$38,052,018$350,450$373,059
87008Cedar Crest, NM 8700819.7 mi15$7,181,775$444,100$478,785
87112Albuquerque, NM 8711220.0 mi106$39,023,052$337,000$368,142
87053San Ysidro, NM 8705321.1 mi1$260,000$260,000$260,000
87108Albuquerque, NM 8710821.6 mi72$22,485,168$291,250$312,294
87123Albuquerque, NM 8712323.3 mi93$58,605,810$357,500$630,170
87106Albuquerque, NM 8710626.1 mi92$41,011,852$432,440$445,781

Frequently Asked Questions

How many homes are for sale in BERNALILLO, NM 87004?

As of March 2026, there are 25 active listings in BERNALILLO, NM (zip code 87004), compared to 32 the prior year.

What is the median home price in BERNALILLO, NM 87004?

The median listing price in BERNALILLO, NM 87004 is $517,475 as of March 2026, a 7.2% increase from $482,500 the prior year.

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

Homes in BERNALILLO, NM 87004 spend an average of 81 days on the market before going under contract, compared to 66 days the prior year.

Is it a seller's or buyer's market in BERNALILLO, NM 87004?

Based on current inventory and days-on-market data as of March 2026, BERNALILLO, NM 87004 is currently a Balanced Market. Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 81 days on market compared to 66 days last year.

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

With SELL123.com's maximum 3% commission, sellers in BERNALILLO, NM 87004 save an estimated $10,350 compared to a typical 5% commission on the median listing price of $517,475. 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.