Market Intelligence · NM / Albuquerque

Albuquerque, NM 87109 Housing Market

The typical home value in Albuquerque's 87109 ZIP code is $385,473, up 0.4% over the past year. The median list price sits at $387,450, and homes are taking a median of 48 days on market.

Updated June 2026Median value$385K

The median home value in Albuquerque, NM 87109 is $385K as of June 2026, up 0.4% 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 87109 range

$355K to $416K

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

+0.4% over 12 months

Typical home value in 87109 over the last 12 months: $384K in Jun 2025 to $385K in Jun 2026 (+0.4%).

Jun 2025$384K

Jun 2026$385K

The numbers

What is the 87109 housing market like?

Typical home value

$385K

Up0.4%YoY

Median list price

$387K

Days on market

48

Homes for sale

51

Price cuts

21.6%

New listings

44

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

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The comparison

How do 87109 home prices compare?

  • 87109$385,473
  • 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 1, 2026, there are 51 homes for sale in 87109, with 44 new listings recently added. The median list price is $387,450, while the typical home value is $385,473, up 0.4% over the past year. Homes are spending a median of 48 days on market, and 21.6% of listings have had a price cut. For sellers, this points to a market where pricing carefully matters and patience may be needed.

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