Call or Text (240) SELL-123
Alban Hills Paradise Hills

ALBUQUERQUE, NM 87120

Real Estate Market Report  ·  Bernalillo County
Buyer's Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 87120

Alban Hills · Paradise Hills

Market Analysis

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

The ALBUQUERQUE, NM real estate market (87120) currently shows 228 active listings, with 93 pending sales. Homes are averaging 58 days on the market before going under contract.

Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 58 days on market compared to 49 days last year.

The median listing price has fallen 2% year-over-year, from $468,500 to $459,225.

Whether you are buying or selling in ALBUQUERQUE, 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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for ALBUQUERQUE, NM 87120 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 65,918  ·  Density: 441.6/mi²  ·  Median household income: $80,704

Typical home value: $248,772  ·  Homeownership: 79.0%

Market Overview

Active Listings
228
⇧ 3.6% vs 220 last year
Pending
93
41% pending ratio
Median Price
$459,225
⇩ 2% vs $468,500 last year
Average Price
$538,992
⇧ 2.9% vs $523,972 last year
Days on Market
58
⇧ 18.4% vs 49 days last year

Price Per Square Foot

Median $/sqft
$215
vs $215/sqft last year
Median Home Size
2,162 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 228 this year vs 220 last year
  • Days on market: 58 now vs 49 last year

Median & Average Pricing

Year over Year
  • Median: $459,225 (-2% YoY)
  • Average: $538,992 (+2.9% 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 25.0 miles — 1,549 listings ($728,191,677 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
87120Albuquerque, NM 871200.0 mi224$121,133,152$462,000$540,773
87114Albuquerque, NM 871146.1 mi165$81,638,535$399,500$494,779
87102Albuquerque, NM 871027.9 mi70$21,592,620$275,000$308,466
87048Corrales, NM 8704810.5 mi38$44,375,640$952,500$1,167,780
87110Albuquerque, NM 8711010.8 mi102$38,052,018$350,450$373,059
87121Albuquerque, NM 8712111.1 mi130$42,621,800$315,000$327,860
87108Albuquerque, NM 8710811.6 mi72$22,485,168$291,250$312,294
87144Rio Rancho, NM 8714413.4 mi320$160,246,080$449,769$500,769
87112Albuquerque, NM 8711214.3 mi106$39,023,052$337,000$368,142
87123Albuquerque, NM 8712317.6 mi93$58,605,810$357,500$630,170
87004Bernalillo, NM 8700419.7 mi25$13,326,825$507,500$533,073
87008Cedar Crest, NM 8700821.1 mi15$7,181,775$444,100$478,785
87031Los Lunas, NM 8703125.0 mi189$77,909,202$369,275$412,218

Frequently Asked Questions

How many homes are for sale in ALBUQUERQUE, NM 87120?

As of March 2026, there are 228 active listings in ALBUQUERQUE, NM (zip code 87120), compared to 220 the prior year.

What is the median home price in ALBUQUERQUE, NM 87120?

The median listing price in ALBUQUERQUE, NM 87120 is $459,225 as of March 2026, a 2% decrease from $468,500 the prior year.

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

Homes in ALBUQUERQUE, NM 87120 spend an average of 58 days on the market before going under contract, compared to 49 days the prior year.

Is it a seller's or buyer's market in ALBUQUERQUE, NM 87120?

Based on current inventory and days-on-market data as of March 2026, ALBUQUERQUE, NM 87120 is currently a Buyer's Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 58 days on market compared to 49 days last year.

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

With SELL123.com's maximum 3% commission, sellers in ALBUQUERQUE, NM 87120 save an estimated $9,185 compared to a typical 5% commission on the median listing price of $459,225. 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.