Start Free
All market snapshots / 87123

Albuquerque, NM 87123 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Albuquerque, NM inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.16
ActiveActive listings: 3131PendingPending sales: 55
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): $369k$369kSoldMedian sold price (last 6 months): $350k$350k
What homes actually sell for in Albuquerque, NM
Distribution of 225 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $290k to $445k
$239k to $295k: 46 sales$239k$295k to $350k: 59 sales59sales$350k to $406k: 35 sales$350k$406k to $462k: 25 sales$462k to $518k: 17 sales$462k$518k to $574k: 13 sales$574k to $629k: 4 sales$574k$629k to $685k: 3 salesMedian $350k

What the numbers say

As of September 14, 2026, Resideline is tracking 31 active listings and 5 pending sales in ZIP code 87123. That pending-to-active ratio of 0.16 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $369,000, while the median of the 225 closed sales Resideline tracked over the last six months was $350,000. 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 87123 for 57 days.

Frequently asked questions

What is the median home price in 87123?

The median closed sale price in Albuquerque, NM 87123 was $350,000 over the last six months, based on 225 closed sales tracked by Resideline. The middle half of those sales ranged from $290,000 to $445,000.

Is 87123 a buyer's or seller's market?

Resideline is currently tracking 5 pending sales against 31 active listings in 87123, a pending-to-active ratio of 0.16. 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, 87123 currently looks like a balanced market.

Nearby ZIP code market data

Full Albuquerque, NM housing market report →
Run any 87123 address through Resideline
Free account. Includes 3 full property reports with comps, ARV and rent estimates.