Market Intelligence · NM / Albuquerque

Albuquerque, NM 87102 Housing Market

In Albuquerque's 87102 ZIP code, the typical home value is $245,279, down 0.8% over the past year as of September 2026. The median list price stands at $315,000, and homes are spending a median of 69 days on the market.

Updated September 2026Median value$245K

The median home value in Albuquerque, NM 87102 is $245K as of September 2026, down 0.8% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 87102 range

$226K to $265K

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.

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12-month value trend

-0.8% over 12 months

Sep 2025$247K

Low $245KHigh $247K

Sep 2026$245K

The numbers

What is the 87102 housing market like?

As of September 2026

Typical home value

$245K

0.8%YoY

Median list price

$315K

6.0%MoM

Days on market

4.2%MoM

Homes for sale

1.6%MoM

Price cuts

21.3%

0.4%MoM

New listings

33.3%MoM

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

The outlook

87102 housing market forecast 2027

+1.9%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 87102 to rise 1.9% by September 2027.

Over the 12 months through September 2026, typical home values in 87102 fell 0.8%, per the Zillow Home Value Index.

Will home prices drop in 87102?

Zillow's forecast does not call for a drop: it expects typical home values in 87102 to rise 1.9% by September 2027, after a 0.8% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 87102 home prices compare?

87102$245,279
Albuquerque$352,568
New Mexico$276,177
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Albuquerque: 16 ZIPs; New Mexico: 153 ZIPs; United States: 26,262 ZIPs).

Context

The 87102 market in Albuquerque is moving at a measured pace. There are 62 homes for sale as of September 2026, with 16 new listings added, and the median days on market is 69. The median list price of $315,000 sits above the typical home value of $245,279, which is down 0.8% over the past year. Meanwhile, 21.3% of listings have taken a price cut. For a seller, the data points to a soft market where realistic pricing matters more than waiting for conditions to improve.

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Home price

Down payment20% · $49,056

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Common questions

What people ask us.

How much is a home in 87102 worth?

The typical home value in 87102 is $245,279 as of September 2026, down 0.8% over the past year.

How long does it take to sell a home in 87102?

Homes in 87102 are spending a median of 69 days on the market as of September 2026.

Are sellers in 87102 cutting prices?

Yes. As of September 2026, 21.3% of listings in 87102 have had a price cut.

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Nearby ZIP markets.

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