Is Albuquerque, NM 87199 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 1.1 months of supply and 33% 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.

Months of supply1.1Under 4 months = seller’s market

Sold above original list33.3%Share of sales, last 3 months

Median sale-to-list99.6%Sold price ÷ list price

Median days on market5Listing to accepted offer

Median price per sq ft$295▲ +23.1% vs. last year

Run the numbers for 87199

Prefilled for 87199Can I win this house?Multiple-offer likelihood for a listing Prefilled for 87199Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

More nearby ZIPs coming soon.

Browse all markets →

Local agents

See all agents in 87199 →

No sponsored agents in 87199 yet. Are you an agent here? Put your name in front of local buyers.

More tools for 87199

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