Albuquerque Metro Home Prices & Values

$178,500 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • -1.0% 1-year change
  • 0.3% 1-year forecast

Market Temperature: WarmWhat's This?
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Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this metro relative to other metros across the US. A particular metro may be identified as a good market for buyers in a national market favorable to sellers overall. Learn more

Buyers' Market Sellers' Market

The median home value in Albuquerque Metro is $178,500. Albuquerque Metro home values have declined -1.0% over the past year and Zillow predicts they will rise 0.3% within the next year. The median price of homes currently listed in Albuquerque Metro is $199,900. The median rent price in Albuquerque Metro is $1,025, which is higher than the New Mexico median of $980.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Albuquerque Metro is 7.4%, which is higher than the national value of 7.2%.

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Relative ZHVI
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Albuquerque Metro Market Overview

Data through May 31, 2014
  • $178,500 ZHVI
  • 0.3% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (May 31, 2015)
  • $199,900 Median listing price
  • No data Median sale price
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Albuquerque Metro Market Health

Data through May 31, 2014
  • 1.7/10 Less healthy What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • 107 Average of days on Zillow (Apr 30, 2014)
  • No data Homes with negative equity (18.8% US Avg)
  • 7.4% Delinquent on mortgage (7.2% US Avg) (Mar 31, 2014)
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Cities in Albuquerque Metro

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Los Ranchos de Albuquerque $424,700 Sandia Park $306,600 Cedar Crest $273,500
Tijeras $244,700 Bosque Farms $184,200 Albuquerque $182,400
Peralta $155,100 Los Lunas $108,300 Belen $104,900

Listings & Sales

Data through May 31, 2014
  • $108 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 32.1% Listings with price cut
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Albuquerque Metro Rentals

Data through May 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,146 Albuquerque Metro
$1,150 New Mexico
$1,310 United States
  • No data Breakeven horizon
  • $1,025 Rent list price
  • $0.78 Rent list price / sq ft
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