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Alamosa Avalon Los Padillas Meade Estates Stinson Tower

ALBUQUERQUE, NM 87121

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

Neighborhoods in ZIP 87121

Alamosa · Avalon · Los Padillas · Meade Estates · Stinson Tower

Market Analysis

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

The ALBUQUERQUE, NM real estate market (87121) currently shows 121 active listings, with 64 pending sales. Homes are averaging 53 days on the market before going under contract.

Inventory has tightened compared to last year, with 20 fewer active listings — creating more competition among buyers.

The median listing price has risen 0.8% year-over-year, from $326,000 to $328,750.

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 Context

Market Context

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

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

Market Overview

Active Listings
121
⇩ 14.2% vs 141 last year
Pending
64
53% pending ratio
Median Price
$328,750
⇧ 0.8% vs $326,000 last year
Average Price
$329,002
⇩ 5.2% vs $346,895 last year
Days on Market
53
vs 53 days last year

Price Per Square Foot

Median $/sqft
$209
⇧ 3% vs $203/sqft last year
Median Home Size
1,571 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 121 this year vs 141 last year
  • Days on market: 53 now vs 53 last year

Median & Average Pricing

Year over Year
  • Median: $328,750 (+0.8% YoY)
  • Average: $329,002 (-5.2% 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 29.4 miles — 1,375 listings ($616,806,779 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
87121Albuquerque, NM 871210.0 mi130$42,621,800$315,000$327,860
87120Albuquerque, NM 8712011.1 mi224$121,133,152$462,000$540,773
87102Albuquerque, NM 8710214.0 mi70$21,592,620$275,000$308,466
87068Bosque Farms, NM 8706815.2 mi9$4,853,187$532,250$539,243
87042Peralta, NM 8704216.6 mi7$5,362,903$694,900$766,129
87108Albuquerque, NM 8710817.5 mi72$22,485,168$291,250$312,294
87110Albuquerque, NM 8711018.3 mi102$38,052,018$350,450$373,059
87109Albuquerque, NM 8710919.7 mi81$28,074,195$366,000$346,595
87112Albuquerque, NM 8711221.4 mi106$39,023,052$337,000$368,142
87111Albuquerque, NM 8711122.3 mi139$92,594,294$444,500$666,146
87144Rio Rancho, NM 8714424.0 mi320$160,246,080$449,769$500,769
87002Belen, NM 8700226.0 mi113$38,970,310$296,475$344,870
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 July 2026, there are 121 active listings in ALBUQUERQUE, NM (zip code 87121), compared to 141 the prior year.

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

The median listing price in ALBUQUERQUE, NM 87121 is $328,750 as of July 2026, a 0.8% increase from $326,000 the prior year.

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

Homes in ALBUQUERQUE, NM 87121 spend an average of 53 days on the market before going under contract, compared to 53 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 July 2026, ALBUQUERQUE, NM 87121 is currently a Balanced Market. Inventory has tightened compared to last year, with 20 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 $6,575 compared to a typical 5% commission on the median listing price of $328,750. 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.