Albuquerque, NM Housing Market
Market data powered by Zillow Research. Last updated: 2026-04-02
Albuquerque, NM offers balanced conditions for buyers.
- •Prices are essentially flat (0.9% YoY) — good negotiating leverage for buyers.
- •Price-to-rent ratio: 19.0 — buying and renting are roughly comparable.
Median Home Value
$342,449
ZHVI
Year-over-Year
+0.9%
Price change
5-Year Change
+40.6%
Since 2021
Median Rent
$1,503/mo
ZORI
Active Listings
2,366
For sale
State Avg
$310,375
New Mexico
Home Value Trends
5-year Zillow Home Value Index for Albuquerque, NM vs. state and national averages.
Rent Data
Median Rent
$1,503/mo
Rent YoY Change
+0.6%
Other Markets in New Mexico
Market data provided by Zillow Research. Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) are trademarks of Zillow, Inc.