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Albuquerque, NM 87122 Real Estate Market Report

ZIP Code: 87122
Report Date: April 2026
Market Temperature: HOT
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.

Analysis Window
90 Days
Total Properties Analyzed
17
Active Listings
17
Sold Properties
0

Market Metrics

Median Listing Price
$1,020,000
Median Sold Price
$0
Median Price per Sqft
$285/sqft

Note: 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

Median Market Rent
$2,930

Property Taxes

Property Tax Rate
0.71%

Liquidity & Velocity

Median Days on Market
156

Market Trends & Context

Understanding Market Temperature

A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

Price YoY Trend
flat
Market Temperature
hot
Rent YoY Trend
flat
Interest Rate Pressure
elevated

Key Findings

  1. median sold price is not available in the provided metrics, so a transaction-based market-value anchor cannot be reported here; this absence may reflect the sample size or data lags in recent sales reporting and suggests relying on upcoming closed-sale records for confirmation. data unavailable

  2. median listing price is 1,020,000 and the median price per square foot is 285, which, together with a flat year-over-year price trend, indicates pricing has largely stabilized rather than tracking a strong move up or down.

  3. median days on market is 156, which points to slower sales velocity despite a labeled hot market temperature; this combination suggests pricing friction or buyer hesitation that may be influenced by external factors rather than a lack of interest.

  4. Interest-rate dynamics are material: interest rate pressure is elevated, and both the price year-over-year trend and rent year-over-year trend are reported as flat, implying elevated financing costs are likely suppressing upward movement in both sale and rental pricing even as the market temperature remains hot.


Notable Properties

The following 8 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

11907 San Rafael Ave Ne, Albuquerque, NM 87122
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

3 beds
4 baths
4,822 sqft
$1,850,000
$384/sqft/sqft
330 days on market
18 Tierra Monte St Ne, Albuquerque, NM 87122
Premium

Sold above market average

4 beds
4 baths
4,683 sqft
$1,490,000
$318/sqft/sqft
107 days on market
250 Spring Creek Pl Ne, Albuquerque, NM 87122
Market Benchmark

Sold at market average

4 beds
3 baths
4,878 sqft
$1,390,000
$285/sqft/sqft
164 days on market
10421 Oakland Ave Ne, Albuquerque, NM 87122
Premium

Sold above market average

4 beds
3 baths
4,190 sqft
$1,349,000
$322/sqft/sqft
153 days on market
7816 Florence Ave Ne, Albuquerque, NM 87122
Market Benchmark

Sold at market average

6 beds
4 baths
4,617 sqft
$1,325,000
$287/sqft/sqft
156 days on market
9510 Modesto Ave Ne, Albuquerque, NM 87122
Market Benchmark

Sold at market average

5 beds
4 baths
4,250 sqft
$1,195,000
$281/sqft/sqft
188 days on market
8 La Luz Trl Ne, Albuquerque, NM 87122
Premium

Sold above market average

2 beds
2 baths
2,454 sqft
$1,100,000
$448/sqft/sqft
68 days on market
302 Juniper Hill Rd Ne, Albuquerque, NM 87122
Market Benchmark

Sold at market average

4 beds
2 baths
3,920 sqft
$1,075,000
$274/sqft/sqft
58 days on market

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 4/16/2026

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