Redfin is joining Rocket

Discover how we're simplifying your journey home.

Redfin is joining Rocket

Discover how we're simplifying your journey home.

Land for sale in 87123, NM

5 Listings

2 days on Rocket

$120,000

Land • 0.13 Acres

1843 Smarty Jones St SE, Albuquerque, NM 87123

#1088165, Jennifer L Wilson, Listing office: RE/MAX SELECT

$350,000

Land • 3.62 Acres

18900 Frontage Rd SW, Albuquerque, NM 87121

#1076709, John Myers, Listing office: Myers & Myers Real Estate, Inc

Room to negotiate?

Median Sold Price

$325K

Avg. Sale Time

27 Days

Based on our June 2025 Market Report.

$309,000

Land • 4.34 Acres

10 Golden Hills Dr SE, Albuquerque, NM 87123

#1084008, Stephen Jehle, Listing office: MORE Realty, Inc

$55,000

Land • 2.48 Acres

Scenic Dr NW, Albuquerque, NM 87120

#1074459, Gabriel Jerome Vargas, Listing office: Double Eagle Real Estate

$44,900

Land • 0.13 Acres

8520 Trumbull Ave SE, Albuquerque, NM 87108

#1076379, Barbara S. Gregus, Listing office: Consumer Advantage RE Services

1-5 of 5 Results

87123, NM Real Estate Market Overview

There are 5 land listings for sale in 87123, NM. The following market insights reflect all property types in the 87123, NM real estate market. The number of homes for sale in 87123, NM decreased by 18.2% between May 2025 and June 2025. In June 2025 median list price was $325,000 and the average listing age was 27 days. In June 2025 more than 8 listings in 87123, NM were sold above the asking price. During the same period more than 18 listings were sold at asking price, while more than 22 were sold below.

From Rocket Homes Real Estate and based on county public records data

What is it like to live in 87123, NM

Overview

87123 is located in New Mexico. There are roughly 42,604 residents, living in 17,684 households. The average temperature for 87123 this time of the year is low of 57F and high of 87F. On average, 87123 gets about 2.42 inches of precipitation in July. Most residents are home owners (63%), have a post secondary degree (51%) and are single, no kids (46%).

Data provided by Home Junction

Schools near 87123, NM

Elementary Schools

Chelwood Elementary School
12701 Constitution Ave NE
Public District KG-5
Tomasita Elementary School
701 Tomasita St NE
Public District KG-5
Zia Elementary School
440 Jefferson St NE
Public District KG-5

Middle Schools

Hayes Dual Language Magnet Middle School
1100 Texas St NE
Public District 6-8
Kennedy Middle School
721 Tomasita St NE
Public District 6-8
Roosevelt Middle School
11799 New Mexico 337
Public District 6-8

High Schools

Manzano High School
12200 Lomas Blvd NE
Public District 9-12
Abq School of Excellence
13201 Lomas Blvd NE
Public Charter KG-12
New Futures High School
5400 Cutler Ave NE
Public District 7-12

Data provided by Great Schools

Housing market reports in Bernalillo County

Homes for sale near 87123, NM

Top real estate cities in New Mexico

MLS Disclaimers & Copyright

IDX 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: 7/24/2025, 8:45:26 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.