87120, NM Housing Market

The 87120 housing market is somewhat competitive. The median sale price of a home in 87120 was $364K last month, up 11.0% since last year. The median sale price per square foot in 87120 is $208, up 5.3% since last year.

Trends
Demand
Schools
Climate
Transportation

87120 Housing Market Trends

What is the housing market like in 87120 today?

$364K

Sale Price

+11.0%
since last year

$208

Sale $/Sq. Ft.

+5.3%
since last year

Under List Price

1.4%

Days on Market

Down Payment

27.6%

Total Homes Sold

To compare other locations to the 87120 and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in New Mexico add value to a home.

How hot is the 87120 housing market?

87120 is somewhat competitive. Homes sell in 37 days.

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 37 days.
Hot homes
can sell for around list price and go pending in around 14 days.

Compare With Nearby Zip codes

87111

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 26 days.
Hot homes
can sell for about 1% above list price and go pending in around 9 days.

87144

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 38 days.
Hot homes
can sell for around list price and go pending in around 19 days.

See more nearby cities and neighborhoods

View houses in 87120 that sold recently

Recently sold homes

SOLD OCT 30, 2024
$206,000
—beds
—baths
1,100 sq ft
5329 Sooner Trl NW, Albuquerque, NM 87120
List Price
—
Sale to List
—
Days on Market
—
5329 Sooner Trl NW, Albuquerque, NM 87120
SOLD OCT 25, 2024
$710,000
—beds
—baths
3,691 sq ft
4631 Mi Cordelia Dr NW, Albuquerque, NM 87120
List Price
—
Sale to List
—
Days on Market
—
4631 Mi Cordelia Dr NW, Albuquerque, NM 87120
SOLD OCT 3, 2024
$330,000
—beds
—baths
1,507 sq ft
4905 Wagon Mound Trl NW, Albuquerque, NM 87120
List Price
—
Sale to List
—
Days on Market
—
4905 Wagon Mound Trl NW, Albuquerque, NM 87120
SOLD SEP 17, 2024
$345,894
—beds
—baths
1,676 sq ft
4119 Ojos Negros Dr NW, Albuquerque, NM 87120
List Price
—
Sale to List
—
Days on Market
—
4119 Ojos Negros Dr NW, Albuquerque, NM 87120
SOLD AUG 23, 2024
$575,000
—beds
—baths
3,249 sq ft
5215 Newberry Way NW, Albuquerque, NM 87120
List Price
—
Sale to List
—
Days on Market
—
5215 Newberry Way NW, Albuquerque, NM 87120
SOLD JUL 11, 2024
Unknown Last Sold Price
5 beds
3 baths
3,857 sq ft
1332 Summer Breeze Dr, Albuquerque, NM 87120
List Price
—
Sale to List
—
Days on Market
91 days
1332 Summer Breeze Dr, Albuquerque, NM 87120
SOLD JUL 11, 2024
$435,400
—beds
—baths
2,704 sq ft
5801 Tres Vistas Ct NW, Albuquerque, NM 87120
List Price
—
Sale to List
—
Days on Market
—
5801 Tres Vistas Ct NW, Albuquerque, NM 87120
SOLD JUL 9, 2024
$296,264
—beds
—baths
1,717 sq ft
6744 Conrad Ave NW, Albuquerque, NM 87120
List Price
—
Sale to List
—
Days on Market
—
6744 Conrad Ave NW, Albuquerque, NM 87120
See all recently sold homes in 87120.
See listings

Schools in 87120

Learn about schools in the 87120 area

Elementary
Middle
High

GreatSchools Rating

8/10 Ventana Ranch Elementary School Public • PreK-5	594 Students	3 reviews
8/10 Tierra Antigua Elementary School Public • K-5	749 Students	15 reviews
6/10 Petroglyph Elementary School Public • PreK-5	530 Students	5 reviews
6/10 Alvarado Elementary School Public • K-5	282 Students	5 reviews
6/10 Griegos Elementary School Public • K-5	283 Students	18 reviews

Only showing 5 of 25 elementary schools.

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 87120 housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in 87120.

Heat Factor - Major

89% of properties are at major risk of heat over the next 30 years

Provided by First Street Foundation

Transportation in 87120

Learn about the walkability, bikeability, and transit-friendliness of 87120

29 / 100

Car-Dependent

Walk Score®

More real estate resources for 87120

New Listings in 87120

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