The Albuquerque housing market is somewhat competitive. Homes in Albuquerque receive 2 offers on average and sell in around 46 days. The median sale price of a home in Albuquerque was $330K last month, up 2.7% since last year. The median sale price per square foot in Albuquerque is $207, up 3.2% since last year.
What is the housing market like in Albuquerque today?
$330K
Sale Price
+2.7% since last year
$207
Sale $/Sq. Ft.
+3.2% since last year
Under List Price
1.4%
Days on Market
46
Down Payment
43.4%
Total Homes Sold
443
To compare other locations to the Albuquerque and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Albuquerque's median sale price is 22% lower than the national average. Overall cost of living in Albuquerque is 5% lower than the national average. Learn which home features in Albuquerque add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Albuquerque housing market?
Albuquerque is somewhat competitive. Homes sell in 46 days.
0
100
57
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 46 days.
Hot homes
can sell for around list price and go pending in around 15 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Albuquerque housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Albuquerque.
Flood Factor - Minor
20% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Albuquerque has a minor risk of flooding. 11,429 properties in Albuquerque are likely to be
severely affected
by flooding over the next 30 years. This represents 20% of all properties in Albuquerque. Flood risk is increasing slower than the national average.
61% of properties are at risk of wildfire over the next 30 years
Fire Factor
Albuquerque has a moderate risk of wildfire. There are 121,525 properties in Albuquerque that have some risk of being affected by wildfire over the next 30 years. This represents 61% of all properties in Albuquerque.
Albuquerque has minimal risk of severe winds over the next 30 years
Wind Factor
Albuquerque has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.