Is Albuquerque, NM 87112 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Albuquerque is a seller’s market. With about 1.9 months of supply and 24% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score67/ 100

More competitive than 70% of U.S. ZIP codes, and #6 of 51 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply1.9Under 4 months = seller’s market

Sold above original list24.2%Share of sales, last 3 months

Median sale-to-list99.5%Sold price ÷ list price

Median days on market27Listing to accepted offer

Median price per sq ft$209▲ +0.6% vs. last year

Run the numbers for 87112

Prefilled for 87112Can I win this house?Multiple-offer likelihood for a listing Prefilled for 87112Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Albuquerque 87102Balanced $230 /sq ft Albuquerque 87104Balanced $273 /sq ft Albuquerque 87105Seller’s market $203 /sq ft Albuquerque 87106Seller’s market $242 /sq ft Browse all markets →

More tools for 87112

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology