Market Intelligence · NM / Albuquerque

Albuquerque, NM 87111 Housing Market

In Albuquerque's 87111 ZIP code, the typical home value is $426,714, up 0.2% over the past year. The median list price sits at $505,000, and homes take a median of 50 days on market as of June 1, 2026.

Updated June 2026Median value$427K

The median home value in Albuquerque, NM 87111 is $427K as of June 2026, up 0.2% 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 87111 range

$393K to $461K

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

+0.2% over 12 months

Typical home value in 87111 over the last 12 months: $426K in Jun 2025 to $427K in Jun 2026 (+0.2%).

Jun 2025$426K

Jun 2026$427K

The numbers

What is the 87111 housing market like?

Typical home value

$427K

Up0.2%YoY

Median list price

$505K

Days on market

50

Homes for sale

109

Price cuts

25.5%

New listings

72

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

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The comparison

How do 87111 home prices compare?

  • 87111$426,714
  • 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 were 109 homes for sale in 87111, with 72 new listings added. The median list price was $505,000, while the typical home value stood at $426,714, up 0.2% over the past year. Homes took a median of 50 days on market, and 25.5% of listings had a price cut. For sellers, this points to a market that has cooled toward flat, so realistic pricing and patience matter more than they might have in a faster market.

Monthly payment

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20% · $85,343

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