87122, NM Housing Market

The 87122 housing market is somewhat competitive. The median sale price of a home in 87122 was $833K last month, up 6.0% since last year. The median sale price per square foot in 87122 is $264, up 0.0% since last year.

Trends
Demand
Schools
Climate

87122 Housing Market Trends

What is the housing market like in 87122 today?

$833K

Sale Price

+6.0%
since last year

$264

Sale $/Sq. Ft.

+0.0%
since last year

Under List Price

1.6%

Days on Market

42.5

Down Payment

—

Total Homes Sold

To compare other locations to the 87122 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 87122 housing market?

87122 is somewhat competitive. Homes sell in 42.5 days.

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 43 days.
Hot homes
can sell for about 1% above 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 87122 that sold recently

Recently sold homes

SOLD OCT 25, 2024
$367,740
—beds
—baths
—sq ft
San Bernardino Ave Ne, Albuquerque, NM 87122
List Price
—
Sale to List
—
Days on Market
—
San Bernardino Ave Ne, Albuquerque, NM 87122
SOLD AUG 8, 2024
$950,000
—beds
—baths
3,443 sq ft
8321 Florence Ave NE, Albuquerque, NM 87122
List Price
—
Sale to List
—
Days on Market
—
8321 Florence Ave NE, Albuquerque, NM 87122
SOLD JUN 18, 2024
$85,000
—beds
—baths
4,906 sq ft
11710 Coyote Run Rd NE, Albuquerque, NM 87122
List Price
—
Sale to List
—
Days on Market
—
11710 Coyote Run Rd NE, Albuquerque, NM 87122

Schools in 87122

Learn about schools in the 87122 area

Elementary
Middle
High

GreatSchools Rating

8/10 Double Eagle Elementary School Public • PreK-5	486 Students	11 reviews
8/10 Dennis Chavez Elementary School Public • PreK-5	530 Students	3 reviews
8/10 North Star Elementary School Public • K-5	522 Students	13 reviews

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 87122 housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in 87122.

Heat Factor - Moderate

69% of properties are at moderate risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for 87122

New Listings in 87122

County Housing Markets

Bernalillo County Housing Market

Nearby Zip Code Housing Markets

City Housing Markets

County Listings

Bernalillo County Real Estate

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.