Market Intelligence · NM / Albuquerque

Albuquerque, NM 87107 Housing Market

The typical home in Albuquerque's 87107 ZIP code is worth $353,154, up 1.7% over the past year. The median list price stands at $472,564, with homes taking a median of 68 days to sell.

Updated August 2026Median value$351K

The median home value in Albuquerque, NM 87107 is $351K as of August 2026, up 2.3% 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 87107 range

$323K to $380K

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

+2.3% over 12 months

Typical home value in 87107 over the last 12 months: $344K in Aug 2025 to $351K in Aug 2026 (+2.3%).

Aug 2025$344K

Aug 2026$351K

The numbers

What is the 87107 housing market like?

Typical home value

$351K

Up2.3%YoY

Median list price

$473K

Down6.6%MoM

Days on market

68

Up19.3%MoM

Homes for sale

72

Down6.5%MoM

Price cuts

27.9%

Up5.0%MoM

New listings

24

Down14.3%MoM

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

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The comparison

How do 87107 home prices compare?

  • 87107$351,429
  • 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 87107 market has 72 homes for sale as of August 2026, with 24 new listings in the current period. About 27.9% of listings have seen a price cut, suggesting some negotiation room for buyers. The median days on market of 68 indicates a slower pace than typical seller-favorable conditions. Prices have gained modestly year over year, but the combination of price cuts and extended marketing time suggests this is a buyer's market worth exploring before listing.

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