Is now a good time to buy a home in Albuquerque, NM?
The typical home value in Albuquerque, NM is $346K as of Aug 2026 (Zillow Home Value Index), up 1.8% from a year earlier. Over five years prices have compounded at +5.1% a year. Prices are 10.8% below their 10-year trend line.
Albuquerque, NM price trend & forecast
Frequently asked questions
Is now a good time to buy a home in Albuquerque, NM?
As of Aug 2026, our buy-timing signal for Albuquerque, NM is ACCUMULATE — prices are near fair value with a modest expected change (+0.5% over 12 months). Buy opportunistically and negotiate on price. Seasonally, prices tend to be softest around Feb 2027. Buy-timing score: 61/100.
Will home prices in Albuquerque, NM go down in 2027?
The model projects +0.5% over the next 12 months: about $348K by Aug 2027, with an 80% range of $341K–$355K (today $346K). Forecasts are statistical and can be wrong — rates, supply and local events matter.
What is the average home price in Albuquerque, NM?
The typical (mid-tier) home value in Albuquerque, NM is $346K as of Aug 2026, +1.8% year over year.
What is the cheapest time of year to buy in Albuquerque, NM?
Historically, prices in Albuquerque, NM run lowest in February, about 1.3% below the annual average, and highest in July.
Other cities in New Mexico
Source & method
Data: Zillow Home Value Index (ZHVI) — all homes, mid-tier, raw monthly, monthly, latest Aug 2026. Page regenerated 2026-10-08 22:04 PDT. Signals combine valuation vs the long-run trend, momentum and a damped-trend forecast with seasonal adjustment; the “best price window” is the lowest point of the projected path. BUY = prices projected to rise and not stretched; ACCUMULATE = near fair value; WAIT = a dip is projected; HOT = running well ahead of trend; CAUTION = stretched with fading momentum.