Market Intelligence · NM / Albuquerque

Albuquerque, NM 87112 Housing Market

In Albuquerque, NM 87112, the typical home value is $320,551, up 1.8% over the past year as of September 2026. The median list price is $327,000, and homes spend a median of 56 days on the market.

Updated September 2026Median value$321K

The median home value in Albuquerque, NM 87112 is $321K as of September 2026, up 1.8% 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.

Sell without the wait

Sell your Albuquerque home for cash.

A competitive, no-obligation cash offer from our institutional network. No repairs, no showings, close on your timeline. Most sellers get their cash offer within 24 hours.

Typical 87112 range

$295K to $346K

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.

Not sure cash is the right move? Discuss your options with a licensed local pro, free.

Asset monitoring

Track your home's value.

A free monthly briefing with your estimated value and 87112 market stats. Unsubscribe anytime.

See how a cash offer works citywide: Sell your house fast in Albuquerque, NM.

12-month value trend

+1.8% over 12 months

Sep 2025$315K

Low $315KHigh $321K

Sep 2026$321K

The numbers

What is the 87112 housing market like?

As of September 2026

Typical home value

$321K

1.8%YoY

Median list price

$327K

2.4%MoM

Days on market

9.8%MoM

Homes for sale

3.8%MoM

Price cuts

29.4%

9.4%MoM

New listings

34.6%MoM

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

The outlook

87112 housing market forecast 2027

+1.5%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 87112 to rise 1.5% by September 2027.

Over the 12 months through September 2026, typical home values in 87112 rose 1.8%, per the Zillow Home Value Index.

Will home prices drop in 87112?

Zillow's forecast does not call for a drop: it expects typical home values in 87112 to rise 1.5% by September 2027, after a 1.8% 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.

Free home value report

See what your 87112 home is worth.

See your estimated value and a real cash offer, side by side. No obligation, about a minute.

The comparison

How do 87112 home prices compare?

87112$320,551
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

As of September 2026, Albuquerque, NM 87112 has 82 homes for sale and 34 new listings. The typical home value is $320,551, up 1.8% over the past year. The median list price is $327,000, and the median days on market is 56. A 29.4% share of listings has a price cut. For a seller, that points to steady values but selective buyers, so pricing and condition matter from day one.

Monthly payment

Estimate your monthly payment.

Home price

Down payment20% · $64,110

Term

Rate (%)

Common questions

What people ask us.

How much is a home in 87112 worth?

The typical home value in Albuquerque, NM 87112 is $320,551, up 1.8% over the past year as of September 2026.

How fast are homes selling in Albuquerque, NM 87112?

Homes spend a median of 56 days on the market as of September 2026.

Are sellers cutting prices in 87112?

A 29.4% share of listings has a price cut as of September 2026.

Discover

Nearby ZIP markets.

Keep reading