Albuquerque Real Estate Market — May 2026 Update

Every month the Zillow Research data refreshes, and every month the picture for Albuquerque sellers shifts a little. Here's where things stand in May 2026.

Albuquerque market snapshot — May 2026

Late spring is when Albuquerque sellers see the most inquiries but also the highest fall-through rates as buyers chase financing and inspections. Cash closes side-step both.

$280,054 Median home value
$1,238/mo Median rent
5.6% Avg gross yield
20 Days on market (NM)
0.85% Property tax rate
6-12 months Foreclosure timeline

Source: Zillow Research (ZHVI + ZORI), May 2026. State-level figures from public records.

What this means if you're selling

Albuquerque is a smaller market for us — 5 tracked ZIPs with a median value of $280,054. Smaller metros usually mean fewer buyers, longer days on market, and a higher premium on certainty over headline price.

Top-yield ZIPs in Albuquerque

These are the ZIPs where investor and cash-buyer demand tends to be highest — driven by rental yield. If your property sits in one of these ZIPs, you're more likely to see competitive cash offers:

ZIP City Median value Median rent Gross yield
87121 Albuquerque $289,510 $1,683/mo 7%
87105 Albuquerque $280,054 $1,455/mo 6.2%
87002 Belen $268,239 $1,238/mo 5.5%

Run your numbers

Wherever your Albuquerque property sits on the value spectrum above, the math is what it is. The calculators below let you plug in your own numbers; the cash-offer button gets you a real, written number on your specific address.

Selling a home in Albuquerque?

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