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All market snapshots / 87122

Albuquerque, NM 87122 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Albuquerque, NM inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.13
ActiveActive listings: 3030PendingPending 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): $1.09M$1.09MSoldMedian sold price (last 6 months): $779k$779k
What homes actually sell for in Albuquerque, NM
Distribution of 160 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $595k to $1.08M
$450k to $606k: 35 sales35sales$450k$606k to $762k: 29 sales$762k to $919k: 28 sales$762k$919k to $1.08M: 19 sales$1.08M to $1.23M: 14 sales$1.08M$1.23M to $1.39M: 9 sales$1.39M to $1.54M: 6 sales$1.39M$1.54M to $1.7M: 4 salesMedian $779k

What the numbers say

As of October 5, 2026, Resideline is tracking 30 active listings and 4 pending sales in ZIP code 87122. That pending-to-active ratio of 0.13 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $1,087,500, while the median of the 160 closed sales Resideline tracked over the last six months was $779,000. 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 69 days.

Frequently asked questions

What is the median home price in 87122?

The median closed sale price in Albuquerque, NM 87122 was $779,000 over the last six months, based on 160 closed sales tracked by Resideline. The middle half of those sales ranged from $595,000 to $1,075,000.

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

Resideline is currently tracking 4 pending sales against 30 active listings in 87122, a pending-to-active ratio of 0.13. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 87122 currently looks like a balanced market.

Nearby ZIP code market data

Full Albuquerque, NM housing market report →

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