Market Intelligence · NM / Albuquerque

Albuquerque, NM 87112 Housing Market

The typical home value in 87112 is $326,646, up 1.4% over the past year. The median list price sits at $335,000, with homes spending a median of 51 days on market.

Updated August 2026Median value$323K

The median home value in Albuquerque, NM 87112 is $323K as of August 2026, up 1.7% 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 87112 range

$297K to $348K

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

+1.7% over 12 months

Typical home value in 87112 over the last 12 months: $317K in Aug 2025 to $323K in Aug 2026 (+1.7%).

Aug 2025$317K

Aug 2026$323K

The numbers

What is the 87112 housing market like?

Typical home value

$323K

Up1.7%YoY

Median list price

$335K

Down3.2%MoM

Days on market

51

Down3.8%MoM

Homes for sale

79

Up36.2%MoM

Price cuts

26.8%

Up49.5%MoM

New listings

52

Up52.9%MoM

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

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The comparison

How do 87112 home prices compare?

  • 87112$322,602
  • 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 ZIP shows modest inventory of 79 homes for sale, though 52 new listings arrived recently. At a median of 51 days on market, homes are taking time to sell. More than a quarter of active listings, 26.8%, have already seen a price cut. The underlying value has grown slightly year over year, but the pace of sales and price adjustments suggest sellers should be realistic about pricing and timing.

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20% · $64,520

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