Market Intelligence · NM / Albuquerque

Albuquerque, NM 87113 Housing Market

The typical home value in Albuquerque's 87113 ZIP is $428,900, up 0.2% over the past year. The median list price sits at $450,000, with homes spending 60 days on the market before selling.

Updated August 2026Median value$426K

The median home value in Albuquerque, NM 87113 is $426K as of August 2026, up 0.4% 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 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

+0.4% over 12 months

Typical home value in 87113 over the last 12 months: $424K in Aug 2025 to $426K in Aug 2026 (+0.4%).

Aug 2025$424K

Aug 2026$426K

The numbers

What is the 87113 housing market like?

Typical home value

$426K

Up0.4%YoY

Median list price

$450K

Down6.5%MoM

Days on market

60

Up30.4%MoM

Homes for sale

41

Up5.1%MoM

Price cuts

31.2%

Up39.8%MoM

New listings

16

Down27.3%MoM

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

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The comparison

How do 87113 home prices compare?

  • 87113$425,545
  • 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

There are 41 homes for sale in 87113 as of August 2026, with 16 new listings added recently. The median time homes spend on the market is 60 days. About 31.2% of current listings have had a price cut, suggesting some sellers are adjusting expectations in a gradually tightening market. For homeowners considering a sale, the combination of modest appreciation and price reductions elsewhere indicates it's worth pricing carefully from the start rather than expecting quick movement at an optimistic ask.

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