Market Intelligence · NM / Albuquerque

Albuquerque, NM 87104 Housing Market

The typical home value in Albuquerque's 87104 ZIP code is $360,365, up 0.6% over the past year. The median list price sits at $544,500, and homes are taking a median of 73 days on market to sell.

Updated June 2026Median value$360K

The median home value in Albuquerque, NM 87104 is $360K as of June 2026, up 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.

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Typical 87104 range

$332K to $389K

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

+0.6% over 12 months

Typical home value in 87104 over the last 12 months: $358K in Jun 2025 to $360K in Jun 2026 (+0.6%).

Jun 2025$358K

Jun 2026$360K

The numbers

What is the 87104 housing market like?

Typical home value

$360K

Up0.6%YoY

Median list price

$545K

Days on market

73

Homes for sale

51

Price cuts

29.5%

New listings

26

Sources · Zillow ZHVI (June 2026) / Realtor.com (June 2026) / FRED (July 2026)

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The comparison

How do 87104 home prices compare?

  • 87104$360,365
  • Albuquerque$358,172
  • New Mexico$279,729
  • United States$291,471

Median Zillow home value (ZHVI), as of June 2026. Comparison levels are medians across every ZIP code with Zillow data (Albuquerque: 16 ZIPs; New Mexico: 154 ZIPs; United States: 26,270 ZIPs).

Context

As of June 2026, there are 51 homes for sale in 87104, with 26 new listings added recently. The typical home value stands at $360,365, up 0.6% over the past year, while the median list price is $544,500. Homes are spending a median of 73 days on market, and 29.5% of listings have had a price cut. For sellers, this points to a slower pace where patience and realistic pricing matter.

Monthly payment

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20% · $72,073

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