Market Intelligence · NM / Albuquerque

Albuquerque, NM 87114 Housing Market

The typical home in Albuquerque's 87114 ZIP code is worth $380,793, up 0.9% over the past year. The median list price is $400,724, and homes are taking a median of 50 days on market.

Updated June 2026Median value$381K

The median home value in Albuquerque, NM 87114 is $381K 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 87114 range

$350K to $411K

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 87114 over the last 12 months: $377K in Jun 2025 to $381K in Jun 2026 (+0.9%).

Jun 2025$377K

Jun 2026$381K

The numbers

What is the 87114 housing market like?

Typical home value

$381K

Up0.9%YoY

Median list price

$401K

Days on market

50

Homes for sale

124

Price cuts

22.5%

New listings

78

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

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The comparison

How do 87114 home prices compare?

  • 87114$380,793
  • 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 124 homes for sale in 87114, with 78 new listings added. The typical home value sits at $380,793, up 0.9% over the past year, while the median list price is $400,724. Homes are spending a median of 50 days on market, and 22.5% of listings have had a price cut. If you are weighing a sale, the modest value trend and the share of price cuts suggest pricing carefully from the start matters more than expecting a quick bidding war.

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20% · $76,159

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