Market Intelligence · NM / Albuquerque

Albuquerque, NM 87114 Housing Market

The typical home value in Albuquerque 87114 is $378,535, up 1.2% over the past year. The median list price sits at $407,450, with homes spending a median 53 days on market.

Updated August 2026Median value$375K

The median home value in Albuquerque, NM 87114 is $375K as of August 2026, up 1.5% 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 87114 range

$345K to $405K

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

+1.5% over 12 months

Typical home value in 87114 over the last 12 months: $370K in Aug 2025 to $375K in Aug 2026 (+1.5%).

Aug 2025$370K

Aug 2026$375K

The numbers

What is the 87114 housing market like?

Typical home value

$375K

Up1.5%YoY

Median list price

$407K

Up1.2%MoM

Days on market

53

Up3.9%MoM

Homes for sale

116

Down4.1%MoM

Price cuts

25.5%

Up13.0%MoM

New listings

72

Flat0.0%MoM

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

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The comparison

How do 87114 home prices compare?

  • 87114$375,264
  • 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

As of early August 2026, there are 116 homes for sale in the 87114 ZIP code, with 72 new listings recently added to the market. The median list price of $407,450 reflects steady pricing in the area, though the median time on market of 53 days suggests homes are taking roughly seven weeks to sell. One quarter of listings carry a price cut, which is a meaningful share and points to some negotiation happening between buyers and sellers. For homeowners considering a sale, the modest appreciation and moderate inventory mean you'll want to price competitively and be prepared for a patient marketing period.

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20% · $75,053

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