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ALBUQUERQUE, NM 87120

Real Estate Market Report  ·  Bernalillo County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
217
⇧ 23.3% vs 176 last year
Pending
77
35% pending ratio
Median Price
$442,000
⇧ 9.1% vs $405,000 last year
Average Price
$524,600
⇧ 7.6% vs $487,523 last year
Days on Market
71
⇩ 4.1% vs 74 days last year

Market Context

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

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

Market Analysis

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

The ALBUQUERQUE, NM real estate market (87120) currently shows 217 active listings, with 77 pending sales. Homes are averaging 71 days on the market before going under contract.

Inventory has increased compared to last year, with 41 more homes available — giving buyers more choice.

Homes are selling faster, averaging 71 days on market compared to 74 days last year.

The median listing price has risen 9.1% year-over-year, from $405,000 to $442,000.

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.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 217 this year vs 176 last year
  • Days on market: 71 now vs 74 last year

Median & Average Pricing

Year over Year
  • Median: $442,000 (+9.1% YoY)
  • Average: $524,600 (+7.6% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 25.0 miles — 1,457 listings ($677,889,474 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
87120Albuquerque, NM 871200.0 mi217$113,838,200$442,000$524,600
87114Albuquerque, NM 871146.1 mi146$73,427,780$400,000$502,930
87102Albuquerque, NM 871027.9 mi66$20,695,092$280,000$313,562
87048Corrales, NM 8704810.5 mi35$42,372,225$975,000$1,210,635
87110Albuquerque, NM 8711010.8 mi97$35,359,992$351,450$364,536
87121Albuquerque, NM 8712111.1 mi124$41,968,668$319,700$338,457
87108Albuquerque, NM 8710811.6 mi71$21,880,141$280,250$308,171
87144Rio Rancho, NM 8714413.4 mi300$148,697,400$430,000$495,658
87112Albuquerque, NM 8711214.3 mi94$33,845,546$337,450$360,059
87123Albuquerque, NM 8712317.6 mi95$54,267,800$350,000$571,240
87004Bernalillo, NM 8700419.7 mi31$16,955,078$460,000$546,938
87008Cedar Crest, NM 8700821.1 mi13$6,168,760$441,500$474,520
87031Los Lunas, NM 8703125.0 mi168$68,412,792$365,990$407,219

Frequently Asked Questions

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

As of January 2026, there are 217 active listings in ALBUQUERQUE, NM (zip code 87120), compared to 176 the prior year.

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

The median listing price in ALBUQUERQUE, NM 87120 is $442,000 as of January 2026, a 9.1% increase from $405,000 the prior year.

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

Homes in ALBUQUERQUE, NM 87120 spend an average of 71 days on the market before going under contract, compared to 74 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 January 2026, ALBUQUERQUE, NM 87120 is currently a Balanced Market. Inventory has increased compared to last year, with 41 more homes available — giving buyers more choice. Homes are selling faster, averaging 71 days on market compared to 74 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 $8,840 compared to a typical 5% commission on the median listing price of $442,000. 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.