87121, NM Housing Market

The 87121 housing market is very competitive. The median sale price of a home in 87121 was $305K last month, up 8.3% since last year. The median sale price per square foot in 87121 is $212, up 10.4% since last year.

Trends
Demand
Schools
Climate

87121 Housing Market Trends

What is the housing market like in 87121 today?

$305K

Sale Price

+8.3%
since last year

$212

Sale $/Sq. Ft.

+10.4%
since last year

Under List Price

0.4%

Days on Market

Down Payment

0.0%

Total Homes Sold

To compare other locations to the 87121 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 87121 housing market?

87121 is very competitive. Homes sell in 31 days.

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 31 days.
Hot homes
can sell for about 1% above list price and go pending in around 13 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 87121 that sold recently

Recently sold homes

SOLD NOV 18, 2024
$215,000
—beds
—baths
—sq ft
4507 Karrol SW, Albuquerque, NM 87121
List Price
—
Sale to List
—
Days on Market
—
4507 Karrol SW, Albuquerque, NM 87121
SOLD NOV 8, 2024
$160,000
—beds
—baths
1,190 sq ft
708 Nicklaus Dr SW, Albuquerque, NM 87121
List Price
—
Sale to List
—
Days on Market
—
708 Nicklaus Dr SW, Albuquerque, NM 87121
SOLD OCT 31, 2024
$215,000
—beds
—baths
—sq ft
4509 Karrol SW, Albuquerque, NM 87121
List Price
—
Sale to List
—
Days on Market
—
4509 Karrol SW, Albuquerque, NM 87121
SOLD OCT 30, 2024
$100,000
—beds
—baths
1,708 sq ft
4126 Abees St SW, Albuquerque, NM 87121
List Price
—
Sale to List
—
Days on Market
—
4126 Abees St SW, Albuquerque, NM 87121
SOLD OCT 30, 2024
$250,000
—beds
—baths
1,205 sq ft
412 67th St SW, Albuquerque, NM 87121
List Price
—
Sale to List
—
Days on Market
—
412 67th St SW, Albuquerque, NM 87121
SOLD OCT 17, 2024
$330,000
—beds
—baths
1,721 sq ft
9116 Sandy Spring Ave SW, Albuquerque, NM 87121
List Price
—
Sale to List
—
Days on Market
—
9116 Sandy Spring Ave SW, Albuquerque, NM 87121
SOLD SEP 18, 2024
$235,000
—beds
—baths
—sq ft
2700 Gun Club Rd SW, Albuquerque, NM 87105
List Price
—
Sale to List
—
Days on Market
—
2700 Gun Club Rd SW, Albuquerque, NM 87105
SOLD SEP 18, 2024
$87,500
—beds
—baths
1,272 sq ft
5501 Cleo Rd SW, Albuquerque, NM 87121
List Price
—
Sale to List
—
Days on Market
—
5501 Cleo Rd SW, Albuquerque, NM 87121
See all recently sold homes in 87121.
See listings

Schools in 87121

Learn about schools in the 87121 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
7/10 Colinas Del Norte Elementary School Public • K-5	632 Students	2 reviews
6/10 Coyote Willow Public • K-8	229 Students	4 reviews
6/10 Chamiza Elementary School Public • K-5	286 Students	4 reviews

Only showing 5 of 28 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 87121 housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in 87121.

Heat Factor - Major

95% of properties are at major risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for 87121

New Listings in 87121

County Housing Markets

Nearby Zip Code Housing Markets

City Housing Markets

County Listings

Nearby Zip Code Listings

City Listings

Rentals

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Why Redfin?

Community Impact

Diversity & Inclusion

Find us

Become a Lender Partner

Subsidiaries

Rent.

ApartmentGuide

Bay Equity Home Loans

Title Forward

Countries

United States

Canada

Updated January 2023: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, TITLE FORWARD, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.