Albuquerque, NM 87120 Housing Market
- Active listings67currently for sale
- Pending sales9under contract
- Median asking price$477,500current listings
- Listing age76 daysmedian time Resideline has been seeing the current listings
- Closed sales tracked (6 mo)386a tracked sample, not a market total
- Median sold price$375,000last 6 months
- Middle half of sold prices$325k to $499k25th to 75th percentile
What the numbers say
As of October 26, 2026, Resideline is tracking 67 active listings and 9 pending sales in ZIP code 87120. That pending-to-active ratio of 0.13 makes it a typical-pace market: listings are going under contract at about the pace of most ZIP codes Resideline tracks.
The median asking price of current listings is $477,500, while the median of the 386 closed sales Resideline tracked over the last six months was $375,000. 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 87120 for 76 days.
Frequently asked questions
What is the median home price in 87120?
The median closed sale price in Albuquerque, NM 87120 was $375,000 over the last six months, based on 386 closed sales tracked by Resideline. The middle half of those sales ranged from $325,000 to $499,000.
Is 87120 a buyer's or seller's market?
Resideline is currently tracking 9 pending sales against 67 active listings in 87120, a pending-to-active ratio of 0.13. 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, 87120 is currently a typical-pace market.
Nearby ZIP code market data
- 87114 Albuquerque, NM
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- 87110 Albuquerque, NM
- 87112 Albuquerque, NM
- 87123 Albuquerque, NM
- 87108 Albuquerque, NM
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- 87124 Rio Rancho, NM
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