87120 Housing Market Report February 2025•Bernalillo County, New Mexico

Housing Prices in 87120, NM

How much do homes in 87120, NM cost?

Housing Market Conditions

Is 87120, NM a buyer’s or seller’s market?

Seller'sMarket

Buyer'sMarket

87120 is a Seller's Market

Difference Since February 2024

Since last year, 87120 has remained a Seller's Market.

Insight

87120 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

$365,250$204/SqFt

+$5,250

+1.5%

Based on all homes sold in the last 12 months

Insight

Homes in 87120 have sold for 1.5% more than they did a year ago.

Summary: The median home sold price in 87120 was $365,250 in February 2025, up 1.5% from last year, and the median price per square foot was $204.

Median Sold Price By Zip Codes

City	Feb 2024	Feb 2025	Change YoY
87107	$360K	$385.5K	+7.1%
87121	$268.9K	$285K	+6.0%
87104	$365K	$381.2K	+4.5%
87114	$353.1K	$365.5K	+3.5%
87120	$359.9K	$365.2K	+1.5%

Median Sold Price By Bedrooms

Beds	Feb 2024	Feb 2025	Change YoY
11 Bedroom	$282.5K	-	N/A
22 Bedrooms	$265K	$275K	+3.8%
33 Bedrooms	$327.2K	$343K	+4.8%
44 Bedrooms	$460K	$450K	-2.2%
55+ Bedrooms	$535K	$535K	0.0%

Summary: 87120 housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +3.8%. The home price for 3 bedroom homes increased by +4.8%. The home price for 4 bedroom homes decreased by -2.2%. The home price for 5 bedroom homes did not change.

Housing supply in 87120, NM

How many homes are available in 87120, NM?

Number of Homes For Sale

Last Month	2 months ago	Change MoM
233Last MonthFeb 2025
2462 months agoJan 2025	-5.3 % Change MoMJan – Feb

Summary: The 87120 real estate market had 233 homes for sale in Feb 2025, a 5.3 % decrease compared to Jan 2025.

Number of Homes Sold

Last Month	2 months ago	Change MoM
49Last MonthFeb 2025
492 months agoJan 2025	0.0 % Change MoMJan – Feb

Homes For Sale By Bedroom Count

Beds	Jan 2025	Feb 2025	Change MoM
11 Bedroom	0	1	+100.0%
22 Bedrooms	19	17	-10.5%
33 Bedrooms	147	134	-8.8%
44 Bedrooms	66	71	+7.6%
55+ Bedrooms	14	10	-28.6%

Summary: 87120 housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes decreased by -10.5%. The inventory for 3 bedroom homes decreased by -8.8%. The inventory for 4 bedroom homes increased by +7.6%. The inventory for 5 bedroom homes decreased by -28.6%.

Asking Price vs. Sold Price

How much do homes in 87120, NM cost?

Over Asking Price7 Homes

At Asking Price13 Homes

Under Asking Price29 Homes

Insight

If you're buying a home in 87120, you may be able to get a good deal. 59.2% of homes here sold below asking price last month.

Summary: A total of 49 homes were sold or pending in 87120 in February 2025, the same as the previous month. Of the 49 sold homes, 59% were sold under asking, 27% were sold at asking, and and 14% were sold over asking.

Days on Market for 87120, NM

How long does it take to sell a home in 87120, NM?

Breakdown of Home Sale Times

Under 30 Days23 Homes

30 – 90 Days14 Homes

Over 90 Days12 Homes

Insight

Many homes in 87120 are selling fast, if you're buying plan to act quickly.

Summary: During February 2025, 49 homes were sold in 87120; 47% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.

Average Sale Time

This Year	1 year ago	Change YoY
60 DaysThis YearFeb 2025
33 Days1 year agoFeb 2024	+77.8 % Change YoYFeb 2024 – Feb 2025

Summary: Homes in 87120 had an average listing age of 60 days in Feb 2025, up by 77.8% compared to the previous year.

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Newest Listings in 87120, NM

What homes are available in 87120, NM?

See More Listings

traditional-style home featuring driveway, a garage, and stucco siding

traditional-style home featuring driveway, fence, an attached garage, and stucco siding

carpeted living area featuring arched walkways, a textured ceiling, baseboards, and stairs

New - 6 hours on Rocket

$5,641 Closing Credit¹

$475,000

4 beds • 2.5 baths • 2,790 sqft

8516 Hawk Eye Rd NW, Albuquerque NM 87120

#1079396, Tara Jones, Listing Office: Opendoor Brokerage, LLC

view of front facade with stone siding, driveway, an attached garage, and stucco siding

view of front of property with a garage, concrete driveway, stone siding, a tiled roof, and stucco siding

New - 1 day on Rocket

$7,719 Closing Credit¹

$650,000

4 beds • 3.5 baths • 2,701 sqft

1713 Copper Mountain Trl NW, Albuquerque NM 87120

#202500795, Lisa Godin, Listing Office: Keller Williams Realty

view of front facade featuring a garage, driveway, and stucco siding

empty room with baseboards, light tile patterned flooring, a textured ceiling, and baseboard heating

empty room with baseboards, a textured ceiling, and tile patterned floors

New - 1 day on Rocket

$2,375 Closing Credit¹

$200,000

3 beds • 1 bath • 1,091 sqft

6012 Landry Ave NW, Albuquerque NM 87120

#1079116, Cindy A Chavez, Listing Office: Realty One of New Mexico

view of front of property with an attached garage and stucco siding

view of front of property with stucco siding

doorway to property with a garage, fence, and stucco siding

New - 2 days on Rocket

$4,511 Closing Credit¹

$379,900

4 beds • 2.5 baths • 2,004 sqft

1912 Sea Breeze St NW, Albuquerque NM 87120

#1079284, Mia Huynh, Listing Office: American Home Realty

view of front of property with concrete driveway, stone siding, a tiled roof, an attached garage, and stucco siding

view of front facade with an attached garage, a tile roof, driveway, stone siding, and stucco siding

New - 3 days on Rocket

$7,719 Closing Credit¹

$650,000

4 beds • 0.5 bath • 2,701 sqft

1713 Copper Mountain Trl NW, Albuquerque NM 87120

#1079249, Peace of the Planet Properties, Listing Office: Keller Williams Realty

view of front of home with driveway, central AC unit, roof with shingles, an attached garage, and brick siding

living room with hardwood / wood-style flooring, baseboards, a high ceiling, and visible vents

living area with visible vents, a towering ceiling, wood finished floors, baseboards, and stairs

New - 3 days on Rocket

$4,452 Closing Credit¹

$374,900

3 beds • 1.5 baths • 1,826 sqft

7115 Portulaca Dr NW, Albuquerque NM 87120

#1079214, Victor A. Chavero-Salgado, Listing Office: EXP Realty LLC

mediterranean / spanish house with a garage, driveway, a tile roof, fence, and stucco siding

birds eye view of property featuring a residential view

view of exterior entry featuring fence and stucco siding

New - 4 days on Rocket3D tour

$5,700 Closing Credit¹

$480,000

4 beds • 2.5 baths • 2,482 sqft

7739 Ridgeview Dr NW, Albuquerque NM 87120

#1079198, Maria Guadalupe Sotelo-Robles, Listing Office: Realty One of New Mexico

single story home featuring concrete driveway, brick siding, and an attached garage

single story home with driveway, brick siding, an attached garage, and fence

single story home featuring an attached garage, brick siding, fence, driveway, and board and batten siding

New - 4 days on Rocket3D tour

$3,741 Closing Credit¹

$315,000

3 beds • 1 bath • 1,250 sqft

5218 College Heights Dr NW, Albuquerque NM 87120

#1079118, Sarah R Griffin, Listing Office: Keller Williams Realty

view of front of home with driveway, an attached garage, and stucco siding

property entrance featuring stucco siding

living room with carpet, visible vents, and a textured ceiling

New - 4 days on Rocket

$3,919 Closing Credit¹

$330,000

4 beds • 2.5 baths • 2,360 sqft

2423 Wexford St NW, Albuquerque NM 87120

#1079054, Adam Dan Gaitan, Listing Office: Coldwell Banker Legacy

pueblo revival-style home featuring driveway, fence, an attached garage, and stucco siding

pueblo-style house featuring a garage, concrete driveway, fence, and stucco siding

southwest-style home featuring a gate, fence, and stucco siding

New - 4 days on Rocket

$2,909 Closing Credit¹

$245,000

3 beds • 1 bath • 1,047 sqft

6023 Redlands Rd NW, Albuquerque NM 87120

#1079074, Jennifer Ramirez, Listing Office: Simply Real Estate

exterior space featuring concrete driveway

entrance to property with visible vents, a balcony, and stucco siding

living room with ceiling fan, light wood-style flooring, and visible vents

New - 5 days on Rocket

$4,263 Closing Credit¹

$359,000

3 beds • 2.5 baths • 1,758 sqft

9628 Mirasol Ave NW, Albuquerque NM 87120

#1079061, Amanda M. Maldonado, Listing Office: Arias Links Realty

rear view of house with a balcony and stucco siding

view of front of house with an attached garage, a tile roof, fence, and stucco siding

living area featuring high vaulted ceiling, a mountain view, baseboard heating, hardwood / wood-style floors, and a glass covered fireplace

New - 5 days on Rocket

$5,758 Closing Credit¹

$484,900

3 beds • 1 bath • 2,898 sqft

2700 Vista Grande Dr NW Unit 87, Albuquerque NM 87120

#1079014, Jennifer L Wilson, Listing Office: RE/MAX SELECT

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MLS Disclaimers and Copyright

Based on information from Southwest Multiple Listing Service, and Santa Fe MLS for the period 03/01/2023 - 03/01/2025

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed.

Copyright © 2025 Southwest Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/4/2025, 8:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

The data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of Santa Fe Association of REALTORS® MLS, Inc. Real estate listings held by brokers other than this broker are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Copyright © 2025 Santa Fe Association of REALTORS® All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/4/2025, 8:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.