Market Intelligence · NM / Albuquerque

Albuquerque, NM 87106 Housing Market

The typical home value in Albuquerque 87106 is $371,173, down 0.2% over the past year. Homes on the market are listed at a median of $422,500 and stay listed for a median of 61 days.

Updated August 2026Median value$370K

The median home value in Albuquerque, NM 87106 is $370K as of August 2026, down 0.1% 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 87106 range

$341K to $400K

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

-0.1% over 12 months

Typical home value in 87106 over the last 12 months: $371K in Aug 2025 to $370K in Aug 2026 (-0.1%).

Aug 2025$371K

Aug 2026$370K

The numbers

What is the 87106 housing market like?

Typical home value

$370K

Down0.1%YoY

Median list price

$423K

Down3.8%MoM

Days on market

61

Down18.7%MoM

Homes for sale

73

Up7.4%MoM

Price cuts

17.9%

Down49.3%MoM

New listings

28

Up7.7%MoM

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

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The comparison

How do 87106 home prices compare?

  • 87106$370,334
  • 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 73 homes for sale as of August 2026, with 28 new listings recently added to the market. About 17.9% of listings have seen a price cut, suggesting sellers are adjusting to current conditions. The median time on market of 61 days indicates homes are taking longer to move than in stronger markets. For sellers in this area, the slight year-over-year decline in typical home value combined with increased price reductions points to a softer market where pricing strategy and presentation matter more than usual.

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20% · $74,067

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