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Market Intelligence · NM / Albuquerque

Albuquerque, NM 87105 Housing Market

The typical home in Albuquerque, NM 87105 is valued at $280,356, up 2.8% over the past year as of September 2026. The median list price is $339,950, and homes spend a median of 79 days on market.

Updated September 2026Median value$280K

The median home value in Albuquerque, NM 87105 is $280K as of September 2026, up 2.8% 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 87105 range

$258K to $303K

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

+2.8% over 12 months

Typical home value in 87105 over the last 12 months: $273K in Sep 2025 to $280K in Sep 2026 (+2.8%).

Sep 2025$273K

Sep 2026$280K

The numbers

What is the 87105 housing market like?

Typical home value

$280K

Up2.8%YoY

Median list price

$340K

Down0.7%MoM

Days on market

79

Up19.7%MoM

Homes for sale

43

Down12.2%MoM

Price cuts

21.5%

Up2.2%MoM

New listings

22

Down21.4%MoM

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

The outlook

87105 housing market forecast 2027

+2.0%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 87105 to rise 2.0% by September 2027.

Over the 12 months through September 2026, typical home values in 87105 rose 2.8%, per the Zillow Home Value Index.

Will home prices drop in 87105?

Zillow's forecast does not call for a drop: it expects typical home values in 87105 to rise 2.0% by September 2027, after a 2.8% rise 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 87105 home prices compare?

  • 87105$280,356
  • 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

As of September 2026, there are 43 homes for sale in 87105, with 22 new listings hitting the market. The median list price of $339,950 sits above the typical value of $280,356, which suggests asking prices are ambitious relative to overall home values. Homes are taking a median of 79 days to sell, a pace that favors patient buyers. More than one in five listings has had a price cut, with 21.5% of active listings reduced. For a seller, the data says price realistically from the start, because overpriced homes are sitting and eventually cutting.

Monthly payment

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20% · $56,071

Common questions

What people ask us.

How much is a home in 87105 worth?

The typical home value in 87105 is $280,356, up 2.8% over the past year as of September 2026.

How long does it take to sell a home in 87105?

Homes in 87105 spend a median of 79 days on market as of September 2026.

Are sellers in 87105 cutting prices?

Yes. As of September 2026, 21.5% of listings in 87105 have had a price cut.

Discover

Nearby ZIP markets.

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