Albuquerque, NM 87122 Real Estate Market Report

ZIP Code: 87122
Report Date: May 2026
Market Temperature: NEUTRAL
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.

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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.

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Market Metrics

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.

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Rental Market

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Property Taxes

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Liquidity & Velocity

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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.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Albuquerque NM 87122 average 6.25%, reflecting a stable market environment for property owners in this area.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. The primary transaction metric, median sold price, is not available in the provided metrics, so a definitive transaction-based market value cannot be stated from these data; this absence may reflect limited recent closed-sale data in the analyzed sample rather than overall market activity.

2. Seller expectations appear elevated relative to available transaction context given the median listing price $960,000, which may indicate pricing friction between asking prices and actual sale outcomes.

3. Market velocity is slow based on the median days on market 190, which suggests slower sales velocity and longer negotiation windows for both buyers and sellers despite steady demand.

4. Fundamentals show a mixed signal: the price year-over-year trend up alongside a market temperature neutral reading and interest rate pressure moderate; rental conditions are softening as indicated by the rent year-over-year trend down and the median market rent $1,899, which may temper investor appetite even as price momentum remains positive.

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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.