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Downtown East Downtown (EDo) Hunning Highland Martinez Town South Valley (Barelas) Southeast Quadrant

ALBUQUERQUE, NM 87102

Real Estate Market Report
Buyer's Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 87102

Downtown · East Downtown (EDo) · Hunning Highland · Martinez Town · South Valley (Barelas) · Southeast Quadrant

Market Analysis

Data as of February 2026. Source: Realtor.com.

The ALBUQUERQUE, NM real estate market (87102) currently shows 70 active listings, with 23 pending sales. Homes are averaging 90 days on the market before going under contract.

Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 90 days on market compared to 82 days last year.

The median listing price has fallen 15.2% year-over-year, from $324,425 to $275,000.

Whether you are buying or selling in ALBUQUERQUE, NM, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 20,031  ·  Density: 1,185.2/mi²  ·  Median household income: $35,069

Typical home value: $168,211  ·  Homeownership: 35.3%

Market Overview

Active Listings
70
⇧ 9.4% vs 64 last year
Pending
23
33% pending ratio
Median Price
$275,000
⇩ 15.2% vs $324,425 last year
Average Price
$308,466
⇩ 12.7% vs $353,380 last year
Days on Market
90
⇧ 9.8% vs 82 days last year

Price Per Square Foot

Median $/sqft
$251
⇧ 3.7% vs $242/sqft last year
Median Home Size
1,154 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 70 this year vs 64 last year
  • Days on market: 90 now vs 82 last year

Median & Average Pricing

Year over Year
  • Median: $275,000 (-15.2% YoY)
  • Average: $308,466 (-12.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 21.3 miles — 877 listings ($445,294,896 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
87102Albuquerque, NM 871020.0 mi66$20,695,092$280,000$313,562
87107Albuquerque, NM 871073.9 mi73$60,898,644$525,000$834,228
87110Albuquerque, NM 871104.3 mi97$35,359,992$351,450$364,536
87105Albuquerque, NM 871056.4 mi84$34,239,576$362,500$407,614
87112Albuquerque, NM 871127.5 mi94$33,845,546$337,450$360,059
87114Albuquerque, NM 871148.3 mi146$73,427,780$400,000$502,930
87113Albuquerque, NM 871138.8 mi37$24,091,588$454,700$651,124
87048Corrales, NM 8704810.8 mi35$42,372,225$975,000$1,210,635
87068Bosque Farms, NM 8706812.3 mi7$3,585,750$514,500$512,250
87008Cedar Crest, NM 8700815.1 mi13$6,168,760$441,500$474,520
87042Peralta, NM 8704217.6 mi7$4,793,901$620,000$684,843
87043Placitas, NM 8704318.4 mi50$37,403,250$708,000$748,065
87031Los Lunas, NM 8703121.3 mi168$68,412,792$365,990$407,219

Frequently Asked Questions

How many homes are for sale in ALBUQUERQUE, NM 87102?

As of February 2026, there are 70 active listings in ALBUQUERQUE, NM (zip code 87102), compared to 64 the prior year.

What is the median home price in ALBUQUERQUE, NM 87102?

The median listing price in ALBUQUERQUE, NM 87102 is $275,000 as of February 2026, a 15.2% decrease from $324,425 the prior year.

How long do homes stay on the market in ALBUQUERQUE, NM?

Homes in ALBUQUERQUE, NM 87102 spend an average of 90 days on the market before going under contract, compared to 82 days the prior year.

Is it a seller's or buyer's market in ALBUQUERQUE, NM 87102?

Based on current inventory and days-on-market data as of February 2026, ALBUQUERQUE, NM 87102 is currently a Buyer's Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 90 days on market compared to 82 days last year.

How much can I save on real estate commission in ALBUQUERQUE, NM?

With SELL123.com's maximum 3% commission, sellers in ALBUQUERQUE, NM 87102 save an estimated $5,500 compared to a typical 5% commission on the median listing price of $275,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.