Albuquerque Real Estate Market

As of June 2026, the median home listed in Albuquerque, NM asks $420,075 — down 0.3% from a year ago. Homes are taking a median of 57 days to go under contract, and 20% of the 1,931 active listings have taken a price cut, which points to a balanced market. Based on public records and industry data, updated monthly.

Albuquerque scores 55/100 on our composite Investor Score (#351 of 932 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; the metro's long-run house price index has it up 49% over five years and +93% over ten, leaving prices 48% above its own 2000–2019 trend; at the published FY2026 fair market rent of $1,464/mo for a two-bedroom, the gross rental yield on the median listing is about 4.2%; active inventory sits at 74% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are down 0.3% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).

Albuquerque's housing market shows signs of growing prices and shrinking inventory, with some reports suggesting a solid market favorable to buyers. — AI-generated summary of the headlines above; read the linked coverage before relying on it.