Market Intelligence · NM / Albuquerque

Albuquerque, NM 87102 Housing Market

The typical home value in Albuquerque 87102 is $247,886, down 0.5% over the past year. The median list price stands at $335,000, with homes spending a median 72 days on market.

Updated August 2026Median value$248K

The median home value in Albuquerque, NM 87102 is $248K as of August 2026, down 0.6% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

Get a cash offer

Sell without the wait

Sell your Albuquerque home for cash.

A competitive, no-obligation cash offer from our institutional network. No repairs, no showings, close on your timeline. Most sellers get their cash offer within 24 hours.

Typical 87102 range

$228K to $267K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

Track my home's value

Asset monitoring

Track your home's value.

A free monthly briefing with your estimated value and 87102 market stats. Unsubscribe anytime.

See how a cash offer works citywide: Sell your house fast in Albuquerque, NM.

12-month value trend

-0.6% over 12 months

Typical home value in 87102 over the last 12 months: $249K in Aug 2025 to $248K in Aug 2026 (-0.6%).

Aug 2025$249K

Aug 2026$248K

The numbers

What is the 87102 housing market like?

Typical home value

$248K

Down0.6%YoY

Median list price

$335K

Up4.7%MoM

Days on market

72

Up2.9%MoM

Homes for sale

63

Up3.3%MoM

Price cuts

21.2%

Up50.3%MoM

New listings

24

Flat0.0%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

Free home value report

See what your 87102 home is worth.

See your estimated value and a real cash offer, side by side. No obligation, about a minute.

The comparison

How do 87102 home prices compare?

  • 87102$247,534
  • Albuquerque$354,361
  • New Mexico$282,082
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Albuquerque: 16 ZIPs; New Mexico: 153 ZIPs; United States: 26,265 ZIPs).

Context

The ZIP has 63 homes for sale with 24 new listings as of early August 2026. Homes are taking longer to move in this inventory environment. About 21.2% of listings have seen price cuts, a sign that sellers are adjusting to current market conditions. The gap between typical home value and median list price reflects a mix of property types and conditions across the area. Sellers should expect a measured pace and be prepared for negotiation.

Monthly payment

Estimate your monthly payment.

20% · $49,507

Common questions

What people ask us.

Discover

Nearby ZIP markets.

Keep reading

Guides for sellers.