Market Intelligence · NM / Albuquerque

Albuquerque, NM 87122 Housing Market

The typical home value in Albuquerque's 87122 ZIP code is $764,336, up 0.2% over the past year. The median list price sits at $889,000, and homes are taking a median of 63 days on market as of June 2026.

Updated June 2026Median value$764K

The median home value in Albuquerque, NM 87122 is $764K as of June 2026, up 0.2% 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

$703K to $825K

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

+0.2% over 12 months

Typical home value in 87122 over the last 12 months: $763K in Jun 2025 to $764K in Jun 2026 (+0.2%).

Jun 2025$763K

Jun 2026$764K

The numbers

What is the 87122 housing market like?

Typical home value

$764K

Up0.2%YoY

Median list price

$889K

Days on market

63

Homes for sale

60

Price cuts

22.8%

New listings

34

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

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The comparison

How do 87122 home prices compare?

  • 87122$764,336
  • 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 1, 2026, there are 60 homes for sale in 87122, with 34 new listings added recently. The median list price is $889,000, while the typical home value is $764,336. Homes are spending a median of 63 days on market, and 22.8% of listings have seen a price cut. Value growth has been essentially flat at 0.2% over the past year. Sellers should expect a measured pace here and plan for a longer marketing period.

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20% · $152,867

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