Market Intelligence · NM / Albuquerque

Albuquerque, NM 87122 Housing Market

The typical home value in Albuquerque 87122 is $760,017, up 0.5% over the past year. The median list price stands at $850,000, with homes typically spending 58 days on market.

Updated August 2026Median value$754K

The median home value in Albuquerque, NM 87122 is $754K as of August 2026, up 1.1% 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 87122 range

$693K to $814K

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

+1.1% over 12 months

Typical home value in 87122 over the last 12 months: $745K in Aug 2025 to $754K in Aug 2026 (+1.1%).

Aug 2025$745K

Aug 2026$754K

The numbers

What is the 87122 housing market like?

Typical home value

$754K

Up1.1%YoY

Median list price

$850K

Down5.3%MoM

Days on market

58

Up5.5%MoM

Homes for sale

74

Up13.8%MoM

Price cuts

23.4%

Up27.6%MoM

New listings

36

Down10.0%MoM

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

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The comparison

How do 87122 home prices compare?

  • 87122$753,576
  • 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

The market here shows modest upward momentum in home values, though the pace has slowed considerably. There are 74 homes currently for sale, with 36 new listings added recently. A notable finding is that 23.4% of listings have experienced a price cut, suggesting sellers are adjusting expectations in response to market conditions. For homeowners considering a sale, the data indicates a balanced market where pricing strategy matters.

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20% · $150,715

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