Market Intelligence · NM / Albuquerque

Albuquerque, NM 87108 Housing Market

In Albuquerque's 87108 ZIP code, the typical home value is $289,641, down 1.4% over the past year. The median list price is $361,875, and homes are taking a median of 70 days on market as of June 2026.

Updated June 2026Median value$290K

The median home value in Albuquerque, NM 87108 is $290K as of June 2026, down 1.4% 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 87108 range

$266K to $313K

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

-1.4% over 12 months

Typical home value in 87108 over the last 12 months: $294K in Jun 2025 to $290K in Jun 2026 (-1.4%).

Jun 2025$294K

Jun 2026$290K

The numbers

What is the 87108 housing market like?

Typical home value

$290K

Down1.4%YoY

Median list price

$362K

Days on market

70

Homes for sale

45

Price cuts

27.8%

New listings

34

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

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The comparison

How do 87108 home prices compare?

  • 87108$289,641
  • 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

87108's typical home is valued at $289,641 by Zillow as of June 2026, a 12-month move of -1.4%. On the listing side, Realtor.com counts 45 homes on the market, 34 newly listed, and a median asking price of $361,875 in June 2026. A typical listing takes 70 days to sell, and 27.8% of active homes have seen a price reduction. The read is a cooling market, where pricing to current data decides which homes actually sell.

Monthly payment

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20% · $57,928

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