87123 Home Values & Market Trends
There are 657 homes currently listed for 87123. 87123 real estate market trends show that home prices range from $45,000 to $1,675,000, and the median sales price in the 87123 zip code is $341,582. The total number of properties sold within the past twelve months is 450. In 87123, 18 properties are in foreclosure, 3 are bank owned properties,and 4 are headed for auction.
87123 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Albuquerque | $ 363,255 $ 217/sqft |
Housing Market Summary for 87123
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $367K | $375K | 2.18% |
| Median Sold Price | $338.7K | $326.7K | -3.56% |
| Homes For Sale | 454 | 646 | 42.29% |
| Homes Sold | 199 | 238 | 19.60% |
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 87123
Browse Homes in 87123
The median list price of a home in Albuquerque, is $341,582. A total of 657 properties are for sale, and the percentage of properties for sale in the zip code is 657.00%. The total count of 87123 properties is 927.
- Pre-ForeclosurePre-foreclosure homes account for 1.19% of all residential properties in 87123 with albuquerque containing 245 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 87123; 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 87123 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 0.32% of properties in 87123. There is 1 cities within 87123; albuquerque containing 42 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 87123. Auction homes and other auction properties account for 0.43% of all properties in 87123. There is 1 cities within 87123; 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 87123
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.
