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Albuquerque, NM Housing Market

$339,156

2.1% 1-yr

The average Albuquerque, NM home value is $339,156, up 2.1% over the past year and goes to pending in around 20 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: $339,156

1-year Value Change: +2.1%

(Data through August 31, 2025)

Albuquerque Housing Market Overview

--1-year Market Forecast
1,827For sale inventory(September 30, 2025)
591New listings(September 30, 2025)
0.995Median sale to list ratio(August 31, 2025)
$352,917Median sale price(July 31, 2025)
$382,333Median list price(September 30, 2025)
19.4%Percent of sales over list price(August 31, 2025)
52.3%Percent of sales under list price(August 31, 2025)
20Median days to pending(September 30, 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 Albuquerque

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Albuquerque Rental Market Trends

$1,511Average rent in Albuquerque(September 30, 2025)
$1,979National average rent(September 30, 2025)
-0.2%Month-over-month change(September 30, 2025)
2.4%Year-over-year change(September 30, 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.

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