87123, NM Housing Market

The 87123 housing market is very competitive. The median sale price of a home in 87123 was $302K last month, down 10.3% since last year. The median sale price per square foot in 87123 is $197, down 0.51% since last year.

Trends
Demand
Schools
Climate

87123 Housing Market Trends

What is the housing market like in 87123 today?

$302K

Sale Price

-10.3%
since last year

$197

Sale $/Sq. Ft.

-0.51%
since last year

Under List Price

0.6%

Days on Market

Down Payment

19.2%

Total Homes Sold

To compare other locations to the 87123 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 87123 housing market?

87123 is very competitive. Homes sell in 24 days.

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 24 days.
Hot homes
can sell for around list price and go pending in around 11 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.

87114

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 35 days.
Hot homes
can sell for around list price and go pending in around 18 days.

See more nearby cities and neighborhoods

View houses in 87123 that sold recently

Recently sold homes

SOLD NOV 26, 2024
$303,000
—beds
—baths
—sq ft
252 Shirley St NE, Albuquerque, NM 87123
List Price
—
Sale to List
—
Days on Market
—
252 Shirley St NE, Albuquerque, NM 87123
SOLD NOV 21, 2024
$80,464
—beds
—baths
1,064 sq ft
316 General Patch St NE, Albuquerque, NM 87123
List Price
—
Sale to List
—
Days on Market
—
316 General Patch St NE, Albuquerque, NM 87123
SOLD NOV 5, 2024
$289,185
—beds
—baths
1,372 sq ft
12600 Chico Rd NE, Albuquerque, NM 87123
List Price
—
Sale to List
—
Days on Market
—
12600 Chico Rd NE, Albuquerque, NM 87123
SOLD OCT 3, 2024
$375,000
—beds
—baths
2,630 sq ft
1904 Black Gold St SE, Albuquerque, NM 87123
List Price
—
Sale to List
—
Days on Market
—
1904 Black Gold St SE, Albuquerque, NM 87123
SOLD OCT 3, 2024
3D WALKTHROUGH
Unknown Last Sold Price
3 beds
2 baths
1,761 sq ft
1028 SE Salinas St, Albuquerque, NM 87123
List Price
—
Sale to List
—
Days on Market
42 days
1028 SE Salinas St, Albuquerque, NM 87123
SOLD AUG 27, 2024
$277,000
—beds
—baths
1,373 sq ft
10403 Lagrange Park Dr NE, Albuquerque, NM 87123
List Price
—
Sale to List
—
Days on Market
—
10403 Lagrange Park Dr NE, Albuquerque, NM 87123
SOLD AUG 1, 2024
$100,000
—beds
—baths
2,338 sq ft
213 Trimble Blvd NE, Albuquerque, NM 87123
List Price
—
Sale to List
—
Days on Market
—
213 Trimble Blvd NE, Albuquerque, NM 87123
SOLD JUL 19, 2024
$325,000
—beds
—baths
3,097 sq ft
1515 Barbaro Dr SE, Albuquerque, NM 87123
List Price
—
Sale to List
—
Days on Market
—
1515 Barbaro Dr SE, Albuquerque, NM 87123
See all recently sold homes in 87123.
See listings

Schools in 87123

Learn about schools in the 87123 area

Elementary
Middle
High

GreatSchools Rating

8/10 Onate Elementary School Public • PreK-5	229 Students	7 reviews
6/10 Inez Elementary School Public • PreK-5	285 Students	3 reviews
6/10 Collet Park Elementary School Public • PreK-5	323 Students	5 reviews
6/10 Zia Elementary School Public • PreK-5	215 Students	9 reviews
6/10 A. Montoya Elementary School Public • PreK-5	364 Students	6 reviews

Only showing 5 of 23 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 87123 housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in 87123.

Heat Factor - Moderate

49% of properties are at moderate risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for 87123

New Listings in 87123

City Housing Markets

Nearby Zip Code Housing Markets

County Housing Markets

Bernalillo County Housing Market

City Listings

Nearby Zip Code Listings

County Listings

Bernalillo County Real Estate

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