Market Intelligence · NM / Albuquerque

Albuquerque, NM 87110 Housing Market

The typical home value in Albuquerque's 87110 ZIP code is $318,887, up 1.3% over the past year as of September 2026. Sellers are listing at a median of $349,000, and homes are taking a median of 66 days to go under contract.

Updated September 2026Median value$319K

The median home value in Albuquerque, NM 87110 is $319K as of September 2026, up 1.3% 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 87110 range

$293K to $344K

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

+1.3% over 12 months

Typical home value in 87110 over the last 12 months: $315K in Sep 2025 to $319K in Sep 2026 (+1.3%).

Sep 2025$315K

Sep 2026$319K

The numbers

What is the 87110 housing market like?

Typical home value

$319K

Up1.3%YoY

Median list price

$349K

Down3.1%MoM

Days on market

66

Up11.9%MoM

Homes for sale

76

Up10.1%MoM

Price cuts

34.1%

Down6.3%MoM

New listings

32

Down33.3%MoM

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

The outlook

87110 housing market forecast 2027

+1.7%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 87110 to rise 1.7% by September 2027.

Over the 12 months through September 2026, typical home values in 87110 rose 1.3%, per the Zillow Home Value Index.

Will home prices drop in 87110?

Zillow's forecast does not call for a drop: it expects typical home values in 87110 to rise 1.7% by September 2027, after a 1.3% 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 87110 home prices compare?

  • 87110$318,887
  • 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

There were 76 homes for sale in 87110 as of September 2026, with 32 of those newly listed. The median list price stood at $349,000, while the typical home value of $318,887 sat below that mark, reflecting the gap between asking prices and overall value trends. That value is up 1.3% over the past year, a modest pace of appreciation. Homes spent a median of 66 days on the market, and 34.1% of listings had taken a price cut. For a seller, the data points to a market where realistic pricing matters more than ambition, since a meaningful share of listings needed reductions to find a buyer.

Monthly payment

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20% · $63,777

Common questions

What people ask us.

How much is a home in 87110 worth?

The typical home value in 87110 is $318,887 as of September 2026, up 1.3% over the past year. The median list price was $349,000 during the same period.

How long does it take to sell a home in 87110?

Homes in 87110 spent a median of 66 days on the market as of September 2026. With 34.1% of listings showing a price cut, pricing accurately from the start can help avoid extended time on market.

How competitive is the 87110 housing market?

As of September 2026 there were 76 homes for sale in 87110, including 32 new listings. Buyers have options, and sellers face enough competition that overpricing tends to result in reductions.

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