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Albuquerque, NM 87121 Real Estate & Property Data

Albuquerque, NM 87121 Real Estate Market Trends

Last Updated: April 27, 2024

A total of 749 residential properties have been sold over the past 12 months in 87121. With a median sales price of $273,707 in 87121 and a total of 13 foreclosures in Albuquerque, NM 87121. Discover market trends and get the granular level real estate data for Albuquerque, NM 87121 to keep your pulse on the housing market. Curate compelling home reports for Albuquerque, NM 87121 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Albuquerque, NM 87121 Real Estate Market Trends

Get property data for any address in Albuquerque, NM 87121 or the country:

Total Residential Properties 23,183

Total Commercial Properties 556

Avg. Home Age (Single Family Home) 28 Years

Avg. Square Feet (Single Family Home) 1,563

Total 2024 Residential Sales (year-to-date) 98

% of Homes Seriously Underwater (Q2 2024) 0.37%

Total 2023 Residential Sales 698

% of Equity Rich Homes (Q2 2024) 55.37%

Effective 2023 Property Tax 0.76%

Total Foreclosure Filings (year-to-date) 19

Albuquerque, NM 87121 Real Estate Overview

There were 749 residential properties sold in the past year in Albuquerque, NM 87121. The median home value in Albuquerque, NM 87121 is $260,204. There are a total of 23,183 residential properties in the 87121.

Median Sales Price i

$273,707

(Feb 2024)

+8%

year-over-year

y-o-y

February '24 Feb '24 $273,707
January '24 Jan '24 $271,671
December '23 Dec '23 $265,000
November '23 Nov '23 $269,637
October '23 Oct '23 $258,356
September '23 Sep '23 $266,764
August '23 Aug '23 $296,331
July '23 Jul '23 $267,607
June '23 Jun '23 $275,462
May '23 May '23 $264,549
April '23 Apr '23 $274,724
March '23 Mar '23 $271,671

Median Down Payment i

$47,750

(Feb 2024)

+15%

year-over-year

y-o-y

February '24 Feb '24 $47,750
January '24 Jan '24 $48,750
December '23 Dec '23 $31,875
November '23 Nov '23 $37,250
October '23 Oct '23 $41,625
September '23 Sep '23 $10,078
August '23 Aug '23 $54,219
July '23 Jul '23 $10,927
June '23 Jun '23 $48,812
May '23 May '23 $39,112
April '23 Apr '23 $49,008
March '23 Mar '23 $51,000

Number of Homes Sold i

56

(Feb 2024)

-11.1%

year-over-year

y-o-y

February '24 Feb '24 56
January '24 Jan '24 42
December '23 Dec '23 60
November '23 Nov '23 50
October '23 Oct '23 60
September '23 Sep '23 61
August '23 Aug '23 49
July '23 Jul '23 55
June '23 Jun '23 63
May '23 May '23 59
April '23 Apr '23 68
March '23 Mar '23 63

Number of Purchase Loans i

62

(Feb 2024)

-3.1%

year-over-year

y-o-y

February '24 Feb '24 62
January '24 Jan '24 48
December '23 Dec '23 71
November '23 Nov '23 50
October '23 Oct '23 65
September '23 Sep '23 68
August '23 Aug '23 50
July '23 Jul '23 53
June '23 Jun '23 66
May '23 May '23 64
April '23 Apr '23 67
March '23 Mar '23 71

Number of REFI Loans i

79

(Feb 2024)

+102.6%

year-over-year

y-o-y

February '24 Feb '24 79
January '24 Jan '24 57
December '23 Dec '23 65
November '23 Nov '23 67
October '23 Oct '23 68
September '23 Sep '23 62
August '23 Aug '23 72
July '23 Jul '23 60
June '23 Jun '23 52
May '23 May '23 52
April '23 Apr '23 38
March '23 Mar '23 60

Number of HELOC Loans i

13

(Feb 2024)

+85.7%

year-over-year

y-o-y

February '24 Feb '24 13
January '24 Jan '24 13
December '23 Dec '23 13
November '23 Nov '23 15
October '23 Oct '23 16
September '23 Sep '23 9
August '23 Aug '23 19
July '23 Jul '23 15
June '23 Jun '23 16
May '23 May '23 18
April '23 Apr '23 12
March '23 Mar '23 17

Albuquerque, NM 87121 Real Estate Market Overview

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Albuquerque, NM 87121 Foreclosure Activity

There were a total of 13 Albuquerque, NM 87121 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

13

(Feb 2024)

-40.9%

year-over-year

y-o-y

February '24 Feb '24 13
January '24 Jan '24 6
December '23 Dec '23 7
November '23 Nov '23 11
October '23 Oct '23 9
September '23 Sep '23 35
August '23 Aug '23 8
July '23 Jul '23 10
June '23 Jun '23 11
May '23 May '23 17
April '23 Apr '23 27
March '23 Mar '23 15

Foreclosure Starts i

12

(Feb 2024)

-42.9%

year-over-year

y-o-y

February '24 Feb '24 12
January '24 Jan '24 4
December '23 Dec '23 3
November '23 Nov '23 5
October '23 Oct '23 6
September '23 Sep '23 30
August '23 Aug '23 6
July '23 Jul '23 5
June '23 Jun '23 11
May '23 May '23 7
April '23 Apr '23 21
March '23 Mar '23 9

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 1
December '23 Dec '23 1
November '23 Nov '23 1
October '23 Oct '23 1
September '23 Sep '23 3
August '23 Aug '23 1
July '23 Jul '23 1
June '23 Jun '23 N/A
May '23 May '23 2
April '23 Apr '23 1
March '23 Mar '23 4

Nearby Zip Codes

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

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