Albuquerque, NM 87120 Real Estate & Property Data

Albuquerque, NM 87120 Real Estate Market Trends
Last Updated: April 22, 2025

A total of 995 residential properties have been sold over the past 12 months in 87120. With a median sales price of $362,481 in 87120 and a total of 2 foreclosures in Albuquerque, NM 87120. Discover market trends and get the granular level real estate data for Albuquerque, NM 87120 to keep your pulse on the housing market. Curate compelling home reports for Albuquerque, NM 87120 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Albuquerque, NM 87120 Real Estate Market Trends
Total Residential Properties 23,710
Total Commercial Properties 366
Avg. Home Age (Single Family Home) 27 Years
Avg. Square Feet (Single Family Home) 2,005
Total 2025 Residential Sales (year-to-date) 117
% of Homes Seriously Underwater (Q2 2025) 0.84%
Total 2024 Residential Sales 941
% of Equity Rich Homes (Q2 2025) 49.15%
Effective 2024 Property Tax 0.95%
Total Foreclosure Filings (year-to-date) 10
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Albuquerque, NM 87120 Real Estate Overview

There were 995 residential properties sold in the past year in Albuquerque, NM 87120. The median home value in Albuquerque, NM 87120 is $337,000. There are a total of 23,710 residential properties in the 87120.

Median Sales Price i
$362,481
(Feb 2025)
-0.7%
year-over-year
y-o-y
  • February '25 Feb '25 $362,481
  • January '25 Jan '25 $341,149
  • December '24 Dec '24 $403,750
  • November '24 Nov '24 $392,887
  • October '24 Oct '24 $346,151
  • September '24 Sep '24 $375,000
  • August '24 Aug '24 $352,694
  • July '24 Jul '24 $366,274
  • June '24 Jun '24 $384,454
  • May '24 May '24 $384,770
  • April '24 Apr '24 $374,063
  • March '24 Mar '24 $391,875
Median Down Payment i
$70,063
(Feb 2025)
+1.9%
year-over-year
y-o-y
  • February '25 Feb '25 $70,063
  • January '25 Jan '25 $59,260
  • December '24 Dec '24 $76,812
  • November '24 Nov '24 $79,825
  • October '24 Oct '24 $56,107
  • September '24 Sep '24 $74,063
  • August '24 Aug '24 $63,422
  • July '24 Jul '24 $73,225
  • June '24 Jun '24 $75,000
  • May '24 May '24 $78,300
  • April '24 Apr '24 $65,575
  • March '24 Mar '24 $75,137
Number of Homes Sold i
79
(Feb 2025)
+27.4%
year-over-year
y-o-y
  • February '25 Feb '25 79
  • January '25 Jan '25 38
  • December '24 Dec '24 59
  • November '24 Nov '24 54
  • October '24 Oct '24 74
  • September '24 Sep '24 92
  • August '24 Aug '24 102
  • July '24 Jul '24 108
  • June '24 Jun '24 86
  • May '24 May '24 96
  • April '24 Apr '24 81
  • March '24 Mar '24 64
Number of Purchase Loans i
69
(Feb 2025)
+15%
year-over-year
y-o-y
  • February '25 Feb '25 69
  • January '25 Jan '25 56
  • December '24 Dec '24 56
  • November '24 Nov '24 57
  • October '24 Oct '24 74
  • September '24 Sep '24 68
  • August '24 Aug '24 72
  • July '24 Jul '24 93
  • June '24 Jun '24 75
  • May '24 May '24 108
  • April '24 Apr '24 72
  • March '24 Mar '24 62
Number of REFI Loans i
68
(Feb 2025)
+11.5%
year-over-year
y-o-y
  • February '25 Feb '25 68
  • January '25 Jan '25 68
  • December '24 Dec '24 71
  • November '24 Nov '24 62
  • October '24 Oct '24 85
  • September '24 Sep '24 82
  • August '24 Aug '24 54
  • July '24 Jul '24 63
  • June '24 Jun '24 52
  • May '24 May '24 66
  • April '24 Apr '24 62
  • March '24 Mar '24 63
Number of HELOC Loans i
20
(Feb 2025)
year-over-year
y-o-y
  • February '25 Feb '25 20
  • January '25 Jan '25 26
  • December '24 Dec '24 21
  • November '24 Nov '24 21
  • October '24 Oct '24 23
  • September '24 Sep '24 24
  • August '24 Aug '24 28
  • July '24 Jul '24 26
  • June '24 Jun '24 21
  • May '24 May '24 22
  • April '24 Apr '24 33
  • March '24 Mar '24 16

Albuquerque, NM 87120 Foreclosure Activity

There were a total of 2 Albuquerque, NM 87120 properties with a foreclosure filing in February 2025.

Total Foreclosure Filings i
2
(Feb 2025)
-66.7%
year-over-year
y-o-y
  • February '25 Feb '25 2
  • January '25 Jan '25 8
  • December '24 Dec '24 6
  • November '24 Nov '24 9
  • October '24 Oct '24 5
  • September '24 Sep '24 8
  • August '24 Aug '24 8
  • July '24 Jul '24 5
  • June '24 Jun '24 4
  • May '24 May '24 2
  • April '24 Apr '24 6
  • March '24 Mar '24 2
Foreclosure Starts i
2
(Feb 2025)
-66.7%
year-over-year
y-o-y
  • February '25 Feb '25 2
  • January '25 Jan '25 6
  • December '24 Dec '24 6
  • November '24 Nov '24 9
  • October '24 Oct '24 5
  • September '24 Sep '24 8
  • August '24 Aug '24 8
  • July '24 Jul '24 4
  • June '24 Jun '24 4
  • May '24 May '24 1
  • April '24 Apr '24 3
  • March '24 Mar '24 2
Completed Foreclosures (REOs) i
  • February '25 Feb '25 N/A
  • January '25 Jan '25 N/A
  • December '24 Dec '24 N/A
  • November '24 Nov '24 N/A
  • October '24 Oct '24 1
  • September '24 Sep '24 N/A
  • August '24 Aug '24 N/A
  • July '24 Jul '24 N/A
  • June '24 Jun '24 N/A
  • May '24 May '24 N/A
  • April '24 Apr '24 N/A
  • March '24 Mar '24 N/A
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