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ALBUQUERQUE, NM 87121

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

Market Overview

Active Listings
124
⇩ 4.6% vs 130 last year
Pending
58
47% pending ratio
Median Price
$319,700
⇧ 3.4% vs $309,225 last year
Average Price
$338,457
⇧ 6.5% vs $317,795 last year
Days on Market
66
vs 66 days last year

Market Context

Population: 76,980  ·  Density: 88.2/mi²  ·  Median household income: $53,326

Typical home value: $170,049  ·  Homeownership: 75.1%

Market Analysis

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

The ALBUQUERQUE, NM real estate market (87121) currently shows 124 active listings, with 58 pending sales. Homes are averaging 66 days on the market before going under contract.

Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers.

The median listing price has risen 3.4% year-over-year, from $309,225 to $319,700.

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: 124 this year vs 130 last year
  • Days on market: 66 now vs 66 last year

Median & Average Pricing

Year over Year
  • Median: $319,700 (+3.4% YoY)
  • Average: $338,457 (+6.5% 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 29.4 miles — 1,303 listings ($576,999,640 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
87121Albuquerque, NM 871210.0 mi124$41,968,668$319,700$338,457
87120Albuquerque, NM 8712011.1 mi217$113,838,200$442,000$524,600
87102Albuquerque, NM 8710214.0 mi66$20,695,092$280,000$313,562
87068Bosque Farms, NM 8706815.2 mi7$3,585,750$514,500$512,250
87042Peralta, NM 8704216.6 mi7$4,793,901$620,000$684,843
87108Albuquerque, NM 8710817.5 mi71$21,880,141$280,250$308,171
87110Albuquerque, NM 8711018.3 mi97$35,359,992$351,450$364,536
87109Albuquerque, NM 8710919.7 mi79$26,477,640$364,950$335,160
87112Albuquerque, NM 8711221.4 mi94$33,845,546$337,450$360,059
87111Albuquerque, NM 8711122.3 mi125$85,522,750$450,000$684,182
87144Rio Rancho, NM 8714424.0 mi300$148,697,400$430,000$495,658
87002Belen, NM 8700226.0 mi114$38,536,560$298,000$338,040
87023Jarales, NM 8702329.4 mi2$1,798,000$899,000$899,000

Frequently Asked Questions

How many homes are for sale in ALBUQUERQUE, NM 87121?

As of January 2026, there are 124 active listings in ALBUQUERQUE, NM (zip code 87121), compared to 130 the prior year.

What is the median home price in ALBUQUERQUE, NM 87121?

The median listing price in ALBUQUERQUE, NM 87121 is $319,700 as of January 2026, a 3.4% increase from $309,225 the prior year.

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

Homes in ALBUQUERQUE, NM 87121 spend an average of 66 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 ALBUQUERQUE, NM 87121?

Based on current inventory and days-on-market data as of January 2026, ALBUQUERQUE, NM 87121 is currently a Balanced Market. Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers.

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

With SELL123.com's maximum 3% commission, sellers in ALBUQUERQUE, NM 87121 save an estimated $6,394 compared to a typical 5% commission on the median listing price of $319,700. 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.