Market Snapshot
- Median listing price
- $1.02M
- Median rent
- $1,943/mo
- Days on market
- 300 days
- Gross rental yield
- 2.27%
- STR vs LTR
- $2,804/mo STR · $1,943/mo LTR
The median listing price in Albuquerque, NM ZIP 87122 is $1,025,000 as of June 2026.
The median market rent in Albuquerque, NM ZIP 87122 is $1,943/month as of June 2026.
The median days on market in Albuquerque, NM ZIP 87122 is 300 days as of June 2026. The market is currently neutral.
At a median list price of $1,025,000 and a median rent of $1,943/month, the gross rental yield in Albuquerque, NM ZIP 87122 is 2.27% as of June 2026.
In Albuquerque, NM ZIP 87122, median Airbnb revenue is $2,804/month compared to median long-term rent of $1,943/month as of June 2026.
Albuquerque, NM 87122 Real Estate Market Report
ZIP Code: 87122
Report Date: June 2026
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.
Market Overview
This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.
Market Metrics
The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.
Rental Market
Property Taxes
Liquidity & Velocity
Market Trends & Context
Understanding Market Temperature
A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.
Key Findings
- The median sold price is the primary indicator of market value and recent transaction activity; available transaction signals show prices are up year-over-year (up), indicating slight appreciation in realized sale prices.
- The median listing price is 1,025,000, which may reflect elevated seller expectations relative to recent transactions and could increase pricing friction given the market's slower velocity (neutral market temperature).
- Elevated inventory relative to sales in the analyzed sample appears consistent with slower sales velocity; the long median days on market of 300 supports the interpretation of more protracted time-to-contract (slower sales velocity).
- Rental and unit economics show a median market rent of 1,943 and a median price per square foot of 261; with rent year-over-year trend up and price year-over-year trend up, investors should monitor interest rate pressure (elevated) as a moderating factor on buyer affordability.
Notable Properties
The following 3 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.
Recent Transactions
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Sold below market average
Sold below market average
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 6/1/2026
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