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Albuquerque, New Mexico skylinePhoto: Quintin Soloviev · CC BY 4.0
Housing in Albuquerque

5,975 homes sold in Albuquerque in the last year, at a typical $356K

Almost every sale is a house. Below: what each kind of home sells for, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Albuquerque homes are listed.

Homes sold
5,975
October 2025 to September 2026
Typical sale price
$356K
median, weighted by sales
Price per square foot
$212
New Mexico $211
Paid vs. asking
98.6%
16% sold over asking
For sale now
1,371
September 2026 · 513 sold that month
What sold · last 12 months

Houses are 0% of Albuquerque’s sales, at a typical — (year to May 2026)

5,975 homes sold in the year to September 2026.

14 years of sales

Fewer homes sell than before 2022, at twice the 2016 price

5,975 sales in the last year, against 9,783 in 2021 and a low of 4,746 in 2012. The typical sale went from $184K in 2016 to $356K.

Homes soldTypical sale price
02450490073509800$175K$250K$325K$400K2012: 4746 sold, typical $164K’122013: 6249 sold, typical $170K2014: 6085 sold, typical $174K’142015: 6998 sold, typical $178K2016: 7590 sold, typical $184K’162017: 8304 sold, typical $188K2018: 8806 sold, typical $195K’182019: 8933 sold, typical $211K2020: 9412 sold, typical $233K’202021: 9783 sold, typical $269K2022: 7746 sold, typical $308K’222023: 5943 sold, typical $327K2024: 5874 sold, typical $341K’242025: 6138 sold, typical $350KLast 12 months: 5975 sold, typical $356KNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What the sales history says · 14 years of sales

Bidding wars in Albuquerque are back to pre-pandemic levels, but a third fewer homes come up for sale

We read every month of Albuquerque’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 5,975 sales.

If you’re buying in Albuquerque

  • Shop in March. It brings about 741 new listings a month, close to the busiest month, with fewer bidding wars (21% over asking).
  • Bid near asking. Buyers paid 98.6% of the list price on average; 16% paid over.
  • You’ll usually have time. Only 26% of homes go under contract within two weeks; the typical one takes 41 days.
Best time to buy

Summer brings both the most homes and the most bidding wars

June has the most new listings (about 896 a month), and the most competition: 27% close over asking. March and April offer nearly as much choice with fewer homes bid up (21%). January has the least competition (18%) but only about 532 new listings.

New listings a monthShare sold over asking
022545067590013%27%40%Sweet spotJan: 532 new listings a month, 18% sold over asking, 47 days to sellJFeb: 592 new listings a month, 19% sold over asking, 49 days to sellFMar: 741 new listings a month, 21% sold over asking, 47 days to sellMApr: 807 new listings a month, 24% sold over asking, 40 days to sellAMay: 879 new listings a month, 26% sold over asking, 35 days to sellMJun: 896 new listings a month, 27% sold over asking, 34 days to sellJJul: 891 new listings a month, 27% sold over asking, 34 days to sellJAug: 853 new listings a month, 26% sold over asking, 35 days to sellASep: 786 new listings a month, 24% sold over asking, 36 days to sellSOct: 727 new listings a month, 22% sold over asking, 38 days to sellONov: 634 new listings a month, 21% sold over asking, 39 days to sellNDec: 536 new listings a month, 19% sold over asking, 41 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and hotter than New Mexico

Albuquerque now2017–192021 peakNM now
Sold over askingShare of sales that closed above the list price16%13%46%7%
Gone within two weeksShare of homes under contract within 14 days26%22%53%25%
Price paid vs. askingAverage sale price ÷ list price98.6%98.1%100.8%97.8%
Days to sellMedian days from listing to contract41391662
Supply

1325 homes for sale on a typical day

That’s 82.3 times the 2012 low (16), 35% fewer than in 2017–19 and well under 2015’s 3096.

2012: 16 for sale’122013: 38 for sale2014: 597 for sale2015: 3096 for sale’152016: 2845 for sale2017: 2215 for sale2018: 2131 for sale’182019: 1782 for sale2020: 1242 for sale2021: 842 for sale’212022: 880 for sale2023: 857 for sale2024: 1172 for sale’242025: 1381 for saleLast 12 months: 1325 for saleNow
Across New Mexico

Albuquerque ranks 7th of 36 busy New Mexico markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Albuquerque is one of the state’s hottest markets.

Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Albuquerque home costs about $2,130 a month

Mortgage
Property tax
Insurance
Rent

Price: Albuquerque’s typical sale, last 12 months. Property tax at Albuquerque’s 0.9% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Albuquerque is affordable on local pay is on Cost of living.

Before you buy in Albuquerque

Six things worth knowing

896

New listings in June

The month with the most choice. January has the fewest, about 532.

Best time to buy
0.9%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $356K home, about $3,270 a year.

Taxes vs. neighbors
C+

Schools

The schools grade for Albuquerque, from test results, graduation and how much students grow.

Schools in Albuquerque
22 min

Typical commute

The average one-way trip to work for people who live in Albuquerque.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

South Valley and Paradise Hills sell for less a square foot; Los Ranchos de Albuquerque, Corrales and Sandia Heights for far more

The busier markets within 25 miles of Albuquerque, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Albuquerque5,975$356K$21216%41
South Valley159$306K$20126%42
Corrales103$807K$30711%67
North Valley74$516K$2549%56
Sandia Heights57$737K$26933%52
Los Ranchos de Albuquerque55$889K$29319%51
Paradise Hills35$351K$18724%43

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Albuquerque, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Albuquerque. People who follow the town see it, and so do people comparing Albuquerque with their own town. No commission, no listing fee.

Questions about buying a home in Albuquerque

What do homes sell for in Albuquerque, NM?

5,975 homes sold in the year to September 2026 at a typical $356K, $212 a square foot.

Is Albuquerque a buyer’s or seller’s market?

A seller’s market: 1371 homes were for sale in September 2026 and 513 sold, about 2.7 months of supply. Buyers paid 98.6% of asking on average.

When is the best time to buy in Albuquerque?

June brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Albuquerque?

About 0.9% of a home’s value a year. On a $356K home that’s near $3,270.

Where can I see homes for sale in Albuquerque?

Zillow, Redfin, Realtor.com and Homes.com all carry Albuquerque’s MLS listings; the search links above open each one filtered to Albuquerque.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).