Skip main navigation

Albuquerque Housing Market

$340,795

1.5% 1-yr

The average Albuquerque home value is $340,795, up 1.5% over the past year and goes to pending in around 23 days.

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Albuquerque Key Takeaways

Typical Home Values: $340,795

1-year Value Change: +1.5%

(Data through October 31, 2025)

Albuquerque Housing Market Overview

2.5%1-year Market Forecast(October 31, 2025)
2,940For sale inventory(October 31, 2025)
865New listings(October 31, 2025)
0.994Median sale to list ratio(September 30, 2025)
$359,983Median sale price(September 30, 2025)
$393,015Median list price(October 31, 2025)
16.5%Percent of sales over list price(September 30, 2025)
53.9%Percent of sales under list price(September 30, 2025)
23Median days to pending(October 31, 2025)
(Metric availability is based on market coverage and data)
How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Neighborhoods in Manzano

Move forward with a local partner

Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.

Talk to a local agent
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact on your credit score.
Start Now
An equal housing lender. NMLS #10287.

Albuquerque Rental Market Trends

$1,527Average rent in Albuquerque(October 31, 2025)
$1,949National average rent(October 31, 2025)
-0.2%Month-over-month change(October 31, 2025)
2.5%Year-over-year change(October 31, 2025)
How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.

More on Zillow Research