Start Free
All market snapshots / 87122

Albuquerque, NM 87122 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: 0.11
ActiveActive listings: 3636PendingPending sales: 44
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): $960k$960kSoldMedian sold price (last 6 months): $777k$777k
What homes actually sell for in Albuquerque, NM
Distribution of 155 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $610k to $1.08M
$449k to $605k: 31 sales$449k$605k to $760k: 32 sales32sales$760k to $916k: 27 sales$760k$916k to $1.07M: 19 sales$1.07M to $1.23M: 14 sales$1.07M$1.23M to $1.38M: 8 sales$1.38M to $1.54M: 6 sales$1.38M$1.54M to $1.7M: 2 salesMedian $777k

What the numbers say

As of October 26, 2026, Resideline is tracking 36 active listings and 4 pending sales in ZIP code 87122. That pending-to-active ratio of 0.11 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 $960,000, while the median of the 155 closed sales Resideline tracked over the last six months was $777,000. 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 87122 for 86 days.

Frequently asked questions

What is the median home price in 87122?

The median closed sale price in Albuquerque, NM 87122 was $777,000 over the last six months, based on 155 closed sales tracked by Resideline. The middle half of those sales ranged from $610,000 to $1,075,000.

Is 87122 a buyer's or seller's market?

Resideline is currently tracking 4 pending sales against 36 active listings in 87122, a pending-to-active ratio of 0.11. 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, 87122 is currently a typical-pace market.

Nearby ZIP code market data

Full Albuquerque, NM housing market report →

Running a deal in 87122? Free tools: ARV calculator · rehab cost estimator · BRRRR calculator · wholesale calculator · MAO calculator · home appreciation calculator. One address: real estate deal analyzer · rent estimate by address

Run any 87122 address through Resideline
Free account. Includes 3 full property reports with comps, ARV and rent estimates.