Market Intelligence · NM / Albuquerque

Albuquerque, NM 87112 Housing Market

The typical home in Albuquerque's 87112 ZIP is worth about $328,246, up 0.9% over the past year. The median list price is $339,225, and homes take a median of 40 days on market.

Updated June 2026Median value$328K

The median home value in Albuquerque, NM 87112 is $328K as of June 2026, up 0.9% 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

$302K to $355K

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

+0.9% over 12 months

Typical home value in 87112 over the last 12 months: $325K in Jun 2025 to $328K in Jun 2026 (+0.9%).

Jun 2025$325K

Jun 2026$328K

The numbers

What is the 87112 housing market like?

Typical home value

$328K

Up0.9%YoY

Median list price

$339K

Days on market

40

Homes for sale

53

Price cuts

15.8%

New listings

60

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

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The comparison

How do 87112 home prices compare?

  • 87112$328,246
  • 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 2026, there are 53 homes for sale in 87112, with 60 new listings added recently. The typical home value stands at $328,246, up 0.9% over the past year. The median list price is $339,225, and the median time on market is 40 days. About 15.8% of listings have taken a price cut. For sellers, the pace here is steady rather than fast, so realistic pricing matters more than hoping for a bidding war.

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