87120 Home Values & Market Trends
There are 1,295 homes currently listed for 87120. 87120 real estate market trends show that home prices range from $5,000 to $2,600,000, and the median sales price in the 87120 zip code is $376,793. The total number of properties sold within the past twelve months is 830. In 87120, 45 properties are in foreclosure, 7 are bank owned properties,and 5 are headed for auction.
87120 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Albuquerque | $ 363,072 $ 217/sqft |
Housing Market Summary for 87120
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $398.9K | $400K | 0.28% |
| Median Sold Price | $364.8K | $350.7K | -3.85% |
| Homes For Sale | 827 | 1,288 | 55.74% |
| Homes Sold | 423 | 374 | -11.58% |
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
Explore recent offers and recently sold homes in 87120
Browse Homes in 87120
The median list price of a home in Albuquerque, is $376,793. A total of 1,295 properties are for sale, and the percentage of properties for sale in the zip code is 1295.00%. The total count of 87120 properties is 1,758.
- Pre-ForeclosurePre-foreclosure homes account for 1.88% of all residential properties in 87120 with albuquerque containing 245 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 87120; of that cities, the estimated home value for pre-foreclosure homes ranges from $1,429,708 in albuquerque to the lowest home value of $141,212 in albuquerque.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 87120 ranges from the highest value of $1,320,912 in albuquerque to the lowest value of $105,973 in albuquerque. Bank owned homes and properties account for 0.40% of properties in 87120. There is 1 cities within 87120; albuquerque containing 43 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsalbuquerque has 57 auction properties, the highest number of properties going to auction in a single city in the state of 87120. Auction homes and other auction properties account for 0.28% of all properties in 87120. There is 1 cities within 87120; of that cities, the median estimated home value for homes going to auction ranges from $704,218 in albuquerque to the lowest value of $109,570 in albuquerque.
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Guide for 87120
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
