As of August 16, 2026, the median list price in Albuquerque, New Mexico (city limits / MLS city designation) is $380,000 across 1,809 active listings. For residential homes (single-family and attached), the median list price is $425,000 at a median of $225 per square foot. 404 new listings hit the market in the last 30 days. With 11 listings under contract (0.6% of inventory), conditions point to a balanced-to-buyer's market.
Albuquerque Market Snapshot (city-level data)
| Metric | Value |
|---|---|
| Active listings (inventory) | 1,809 |
| Median list price | $380,000 |
| Average (mean) list price | $508,853 |
| Middle 50% price range (P25–P75) | $285,000 – $550,000 |
| Median price per sqft | $225/sqft |
| New listings (last 30 days) | 404 |
| Under contract | 11 (0.6%) |
| Median year built | 1985 |
| Median living area | 1,918 sqft |
By Property Type
| Property type | Inventory | Median list price | Median $/sqft | Median DOM |
|---|---|---|---|---|
| Residential (single-family & attached homes) | 1,101 | $425,000 | $225 | — |
| Condominium / townhome | 166 | $287,000 | $217 | — |
| Vacant land & lots | 328 | $136,250 | — | — |
| Multi-family | 108 | $497,000 | — | — |
Frequently Asked Questions
What is the median home price in Albuquerque, New Mexico?
As of August 16, 2026, the median list price in Albuquerque, New Mexico (city limits / MLS city designation) is $380,000 across 1,809 active listings (all property types). For residential homes specifically, the median list price is $425,000.
What is the average price per square foot in Albuquerque, NM?
The median price per square foot in Albuquerque, New Mexico (city limits / MLS city designation) is $225/sqft (mean $236/sqft), based on 1,267 listings with reported square footage, as of August 16, 2026.
Is Albuquerque a buyer's or seller's market right now?
Current data points to a balanced-to-buyer's market in Albuquerque, New Mexico (city limits / MLS city designation): only 1% of listed inventory is under contract — buyers have negotiating room (11 of 1,809 listings under contract as of August 16, 2026).
What price range covers most homes for sale in Albuquerque, NM?
The middle 50% of active listings in Albuquerque, New Mexico (city limits / MLS city designation) are priced between $285,000 and $550,000. Listings range from $4,000 up to $10,990,000, so segment matters — averages alone can mislead.
Data source & methodology: Statistics computed from Santa Fe Association of REALTORS® (SFAR) MLS data as displayed via IDX on buysellnewmexico.com, snapshot date August 16, 2026. Geographic bin: Albuquerque, New Mexico (city limits / MLS city designation) (bin type: city). Figures reflect ACTIVE and ACTIVE-UNDER-CONTRACT listings; sold/closed statistics are reported separately. Median values are used in preference to averages to limit distortion from luxury-segment outliers. Metrics with insufficient reporting samples are omitted rather than estimated. Prepared by Matthew Scarborough — Scarborough Realty Group, Keller Williams Santa Fe.