Albuquerque housing market: home prices, trends and forecast
Albuquerque home prices: the Zillow Home Value Index put the worth of a typical home in Albuquerque, New Mexico at $344,199 in September 2026, up +1.7% on a year earlier, the highest month on record.
- Value of a typical home
- $344,199September 2026, Zillow ZHVI
- Change over 12 months
- +1.7% compared with September 2025
Albuquerque home prices since 2000
Albuquerque is the steel line, and the United States is the grey line. The typical Albuquerque home has climbed from $136,661 to $344,199 since June 2002, ×2.52, compared with ×2.55 for the US over those months. Prices reached a boom high of $200,286 in September 2007, then a low of $160,846 in September 2012, −19.7%.
Albuquerque median home price, year by year
Each yearly figure averages the twelve monthly values; for 2026 the latest month is shown.
| Year | Albuquerque | Change on the year | United States |
|---|---|---|---|
| 2003 | $140,298 | $155,308 | |
| 2004 | $147,017 | +4.8% | $169,891 |
| 2005 | $156,309 | +6.3% | $189,732 |
| 2006 | $179,409 | +14.8% | $206,531 |
| 2007 | $197,034 | +9.8% | $208,449 |
| 2008 | $194,483 | −1.3% | $195,574 |
| 2009 | $182,092 | −6.4% | $177,542 |
| 2010 | $177,068 | −2.8% | $171,462 |
| 2011 | $165,705 | −6.4% | $162,508 |
| 2012 | $161,287 | −2.7% | $161,137 |
| 2013 | $165,816 | +2.8% | $171,420 |
| 2014 | $169,397 | +2.2% | $182,996 |
| 2015 | $173,017 | +2.1% | $192,738 |
| 2016 | $180,482 | +4.3% | $204,509 |
| 2017 | $185,799 | +2.9% | $216,767 |
| 2018 | $192,595 | +3.7% | $230,541 |
| 2019 | $204,099 | +6.0% | $242,088 |
| 2020 | $221,565 | +8.6% | $257,151 |
| 2021 | $258,277 | +16.6% | $295,959 |
| 2022 | $298,740 | +15.7% | $340,014 |
| 2023 | $313,703 | +5.0% | $348,160 |
| 2024 | $330,936 | +5.5% | $359,751 |
| 2025 | $338,790 | +2.4% | $362,959 |
| September 2026 | $344,199 | +1.7% | $366,157 |
What a home bought in Albuquerque in any year is worth now
It is an estimate based on an index for a typical home, not on an appraisal.
Each year's figure averages its twelve monthly index values, and the current value is September 2026. Also available: home appreciation calculator.
Are you thinking of selling? See how local agents compare on Realtor.com. Advertising disclosure: links like this one may bring the site payment, but no number ever changes. Disclosure.
Albuquerque housing market forecast
Zillow's metro forecast for Albuquerque, NM shows +2.4% across the 12 months from September 2026, plus +0.8% across the next three months. On Albuquerque's typical value of $344,199, the forecast suggests roughly $352,500 a year from now.
Zillow's own central estimate for the metro, restated here; this site does not publish a forecast of its own. Over 12 months, a forecast of this kind has typically been off by several percentage points from the realised change, in both directions. This is not investment advice.
Housing market forecasts for every metro are gathered in one table: housing market forecasts.
Albuquerque housing market crash risk score
53 of 100, on the high side
Using five conditions that ran high before earlier price falls, the score ranks Albuquerque against 292 cities Against the other cities, each input gets a score from 0 to 100; the five are then averaged with equal weight. Conditions today are what it describes; a crash is not what it predicts.
| Input | Value | Sub-score | Weight |
|---|---|---|---|
| Active listings vs 2019 | −11.7% | 26 | 20% |
| Days on the market vs 2019 | +34.0% | 90 | 20% |
| Price-to-rent ratio | 19.8 | 61 | 20% |
| Price-to-income ratio | 4.8 | 49 | 20% |
| 12-month price change | +1.7% | 37 | 20% |
This is not investment advice. How the inputs get their scores: methodology. All 292 cities ranked: crash risk ranking.
Albuquerque inventory and days on market
In September 2026 the Albuquerque, NM metro counted 2,313 homes for sale, up +4.8% versus a year before and down −11.7% versus that same month in 2019 Selling took a median of 67 days per listing (+34.0% against 2019), and price cuts hit 25.6% of listings.
| Albuquerque, NM metro, September 2026 | Value | On a year |
|---|---|---|
| Active listings | 2,313 | +4.8% |
| New listings | 868 | |
| Median days on market | 67 | +2.3% |
| Median list price | $410,750 | +0.3% |
| Share with a price cut | 25.6% |
Metro inventory comes from Realtor.com® Economic Research. Realtor.com data. Every metro listed: days on market by city.
Living costs in Albuquerque
Albuquerque's typical asking rent, as measured by the Zillow Observed Rent Index, is $1,452 a month, +1.4% over a year. The cost of the typical home works out to 19.8 years of that rent. Median household income stands at $71,494 (Census ACS 2024), which puts a typical home at 4.8 times a year's income. Prices in the metro sit at 95.5 on the BEA scale, versus a US average of 100, while housing costs reach 89.2.
The salary needed to move there, plus rent and prices: Albuquerque cost of living.
More housing markets in New Mexico
- Las Cruces at $287,447.
- Santa Fe $576,890
For the whole state: New Mexico housing market.
How to read the chart
Each point plots the Zillow Home Value Index for Albuquerque, tracking what a typical home among the market's middle third is worth. Figures are smoothed, seasonally adjusted, and stated in dollars for that month. The hollow dot shows the month chosen on the slider, while the terracotta dot shows the latest month. No inflation adjustment is applied here, and the index tracks a typical home rather than any one house. Use the card above or the home appreciation calculator to figure one home's value from the price it sold for.