Market Intelligence · NM / Albuquerque

Albuquerque, NM 87113 Housing Market

The typical home in 87113 is worth $425,563, up 0.5% over the past year. Homes here are listed at a median of $453,750 and take a median of 76 days to sell.

Updated September 2026Median value$426K

The median home value in Albuquerque, NM 87113 is $426K as of September 2026, up 0.5% 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 87113 range

$392K to $460K

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

+0.5% over 12 months

Sep 2025$423K

Low $423KHigh $427K

Sep 2026$426K

The numbers

What is the 87113 housing market like?

As of September 2026

Typical home value

$426K

0.5%YoY

Median list price

$454K

0.8%MoM

Days on market

26.7%MoM

Homes for sale

17.1%MoM

Price cuts

23.5%

24.5%MoM

New listings

25.0%MoM

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

The outlook

87113 housing market forecast 2027

+1.6%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 87113 to rise 1.6% by September 2027.

Over the 12 months through September 2026, typical home values in 87113 rose 0.5%, per the Zillow Home Value Index.

Will home prices drop in 87113?

Zillow's forecast does not call for a drop: it expects typical home values in 87113 to rise 1.6% by September 2027, after a 0.5% 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 87113 home prices compare?

87113$425,563
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

The Albuquerque 87113 market is moving slowly by most standards. A median of 76 days on market means sellers should not expect a quick sale. Only 12 new listings came on in September 2026, against 34 homes for sale overall, so fresh competition is limited. Still, 23.5% of listings have taken a price cut, which suggests some sellers are testing prices above what buyers will pay. If you are thinking of selling, realistic pricing from day one matters more than optimism right now.

Monthly payment

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Home price

Down payment20% · $85,113

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Common questions

What people ask us.

How much is a home in 87113 worth?

The typical home value in 87113 is $425,563, up 0.5% over the past year. The median list price is higher at $453,750, which reflects what sellers are asking rather than what homes are worth.

How long does it take to sell a home in 87113?

Homes in 87113 spend a median of 76 days on market. That is a relatively slow pace, so sellers should plan accordingly.

Are there many homes for sale in 87113?

There were 34 homes for sale in 87113 as of September 2026, with 12 new listings added that month.

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Nearby ZIP markets.

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