Bernalillo County, NM Home Values & Market Trends
The median home price in Bernalillo County, NM is $325,485.37. There were 8,005 home sales in Bernalillo County, NM over the past 12 months. The median residential Bernalillo County, NM home value for transactions over the previous year is $248,139.427. The number of current listings in Bernalillo County, NM is 934, and the percentage of properties for sale is 934.00%. The county has 239 foreclosures, 30 bank owned properties, 35 headed for auction, and 934 properties for sale.
Bernalillo County, NM Real Estate Market Overview
City | Median Est. Value | City | Median Est. Value |
---|---|---|---|
Albuquerque | $ 361,942 $ 200/sqft | Cedar Crest | $ 467,000 $ 214/sqft |
Sandia Park | $ 625,000 $ 253/sqft | Isleta | $ -- $ -- |
Tijeras | $ 425,000 $ 192/sqft |
Housing Market Summary for Bernalillo County, NM
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $374.7K | $314.1K | -16.18% |
Median Sold Price | $325K | $314.1K | -3.37% |
Homes For Sale | 677 | 804 | 18.76% |
Homes Sold | 4,132 | 3,744 | -9.39% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
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Browse Homes in Bernalillo County, NM
Bernalillo County, NM home values range from $19,792 to $5,035,549. Sandia Park is the priciest city with a median listing home price of $635,000, and Albuquerque is most affordable with average house prices of around $374,950.
- Pre-ForeclosurePre-foreclosure homes account for 0.08% of all residential properties in Bernalillo County, NM with Albuquerque containing 171 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 5 cities within Bernalillo County, NM; of those cities, the estimated home value for pre-foreclosure homes ranges from $939,629 in Sandia Park to the lowest home value of $117,264 in Albuquerque.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Bernalillo County, NM ranges from the highest value of $840,136 in Albuquerque to the lowest value of $214,701 in Albuquerque. Bank owned homes and properties account for 0.01% of properties in Bernalillo County, NM. There are 5 cities within Bernalillo County, NM; Albuquerque containing 29 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsAlbuquerque has 35 auction properties, the highest number of properties going to auction in a single city in the state of Bernalillo County, NM. Auction homes and other auction properties account for 0.02% of all properties in Bernalillo County, NM. There are 5 cities within Bernalillo County, NM; of those cities, the median estimated home value for homes going to auction ranges from $482,750 in Albuquerque to the lowest value of $163,750 in Albuquerque.
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More Real Estate Resources for Bernalillo County, NM
Guide for Bernalillo County, NM
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