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Albuquerque, NM 87120 Real Estate & Property Data

Albuquerque, NM 87120 Real Estate Market Trends

Last Updated: April 24, 2024

A total of 945 residential properties have been sold over the past 12 months in 87120. With a median sales price of $357,262 in 87120 and a total of 6 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

Get property data for any address in Albuquerque, NM 87120 or the country:

Total Residential Properties 23,565

Total Commercial Properties 374

Avg. Home Age (Single Family Home) 26 Years

Avg. Square Feet (Single Family Home) 1,998

Total 2024 Residential Sales (year-to-date) 106

% of Homes Seriously Underwater (Q2 2024) 0.6%

Total 2023 Residential Sales 905

% of Equity Rich Homes (Q2 2024) 51.63%

Effective 2023 Property Tax 0.91%

Total Foreclosure Filings (year-to-date) 11

Albuquerque, NM 87120 Real Estate Overview

There were 945 residential properties sold in the past year in Albuquerque, NM 87120. The median home value in Albuquerque, NM 87120 is $334,543. There are a total of 23,565 residential properties in the 87120.

Median Sales Price i

$357,262

(Feb 2024)

+10.2%

year-over-year

y-o-y

February '24 Feb '24 $357,262
January '24 Jan '24 $337,000
December '23 Dec '23 $320,512
November '23 Nov '23 $337,539
October '23 Oct '23 $368,125
September '23 Sep '23 $394,531
August '23 Aug '23 $355,934
July '23 Jul '23 $388,646
June '23 Jun '23 $355,597
May '23 May '23 $351,466
April '23 Apr '23 $368,125
March '23 Mar '23 $328,465

Median Down Payment i

$62,375

(Feb 2024)

+3.5%

year-over-year

y-o-y

February '24 Feb '24 $62,375
January '24 Jan '24 $58,875
December '23 Dec '23 $60,375
November '23 Nov '23 $66,578
October '23 Oct '23 $65,000
September '23 Sep '23 $76,500
August '23 Aug '23 $70,063
July '23 Jul '23 $75,000
June '23 Jun '23 $66,344
May '23 May '23 $67,500
April '23 Apr '23 $67,363
March '23 Mar '23 $61,626

Number of Homes Sold i

54

(Feb 2024)

-10%

year-over-year

y-o-y

February '24 Feb '24 54
January '24 Jan '24 52
December '23 Dec '23 61
November '23 Nov '23 53
October '23 Oct '23 71
September '23 Sep '23 78
August '23 Aug '23 99
July '23 Jul '23 91
June '23 Jun '23 72
May '23 May '23 79
April '23 Apr '23 77
March '23 Mar '23 98

Number of Purchase Loans i

53

(Feb 2024)

-7%

year-over-year

y-o-y

February '24 Feb '24 53
January '24 Jan '24 48
December '23 Dec '23 50
November '23 Nov '23 45
October '23 Oct '23 59
September '23 Sep '23 65
August '23 Aug '23 91
July '23 Jul '23 73
June '23 Jun '23 86
May '23 May '23 78
April '23 Apr '23 79
March '23 Mar '23 98

Number of REFI Loans i

64

(Feb 2024)

+77.8%

year-over-year

y-o-y

February '24 Feb '24 64
January '24 Jan '24 40
December '23 Dec '23 48
November '23 Nov '23 61
October '23 Oct '23 60
September '23 Sep '23 47
August '23 Aug '23 59
July '23 Jul '23 54
June '23 Jun '23 70
May '23 May '23 50
April '23 Apr '23 34
March '23 Mar '23 49

Number of HELOC Loans i

19

(Feb 2024)

+35.7%

year-over-year

y-o-y

February '24 Feb '24 19
January '24 Jan '24 29
December '23 Dec '23 22
November '23 Nov '23 31
October '23 Oct '23 30
September '23 Sep '23 22
August '23 Aug '23 37
July '23 Jul '23 29
June '23 Jun '23 27
May '23 May '23 32
April '23 Apr '23 21
March '23 Mar '23 23

Albuquerque, NM 87120 Real Estate Market Overview

Last 30 days

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Albuquerque, NM 87120 Foreclosure Activity

There were a total of 6 Albuquerque, NM 87120 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

6

(Feb 2024)

-33.3%

year-over-year

y-o-y

February '24 Feb '24 6
January '24 Jan '24 5
December '23 Dec '23 7
November '23 Nov '23 2
October '23 Oct '23 2
September '23 Sep '23 13
August '23 Aug '23 2
July '23 Jul '23 8
June '23 Jun '23 12
May '23 May '23 5
April '23 Apr '23 6
March '23 Mar '23 14

Foreclosure Starts i

6

(Feb 2024)

-25%

year-over-year

y-o-y

February '24 Feb '24 6
January '24 Jan '24 5
December '23 Dec '23 4
November '23 Nov '23 1
October '23 Oct '23 1
September '23 Sep '23 13
August '23 Aug '23 1
July '23 Jul '23 7
June '23 Jun '23 9
May '23 May '23 5
April '23 Apr '23 5
March '23 Mar '23 10

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 N/A
November '23 Nov '23 N/A
October '23 Oct '23 3
September '23 Sep '23 N/A
August '23 Aug '23 N/A
July '23 Jul '23 1
June '23 Jun '23 2
May '23 May '23 N/A
April '23 Apr '23 1
March '23 Mar '23 1

Nearby Zip Codes

1. 87102
2. 87104
3. 87105
4. 87106
5. 87107
6. 87108

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