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All market snapshots / 87112

Albuquerque, NM 87112 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Albuquerque, NM inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.20
ActiveActive listings: 3030PendingPending sales: 66
Albuquerque, NM: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $322k$322kSoldMedian sold price (last 6 months): $330k$330k
What homes actually sell for in Albuquerque, NM
Distribution of 231 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $285k to $415k
$229k to $278k: 37 sales$229k$278k to $327k: 63 sales63sales$327k to $376k: 49 sales$327k$376k to $424k: 20 sales$424k to $473k: 12 sales$424k$473k to $522k: 16 sales$522k to $571k: 5 sales$522k$571k to $620k: 6 salesMedian $330k

What the numbers say

As of October 26, 2026, Resideline is tracking 30 active listings and 6 pending sales in ZIP code 87112. That pending-to-active ratio of 0.20 makes it a faster-moving market: listings are going under contract faster than in most of the ZIP codes Resideline tracks.

The median asking price of current listings is $322,450, while the median of the 231 closed sales Resideline tracked over the last six months was $330,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 87112 for 72 days.

Frequently asked questions

What is the median home price in 87112?

The median closed sale price in Albuquerque, NM 87112 was $330,000 over the last six months, based on 231 closed sales tracked by Resideline. The middle half of those sales ranged from $285,000 to $415,000.

Is 87112 a buyer's or seller's market?

Resideline is currently tracking 6 pending sales against 30 active listings in 87112, a pending-to-active ratio of 0.20. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 87112 is currently a faster-moving market.

Nearby ZIP code market data

Full Albuquerque, NM housing market report →

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