Albuquerque Housing Market Data and Analysis
The Taylor Team publishes monthly housing market reports for the Albuquerque metro area. Each report includes median home prices, days on market, active inventory levels, months of supply, list-to-sale ratios, and neighborhood breakdowns for Northeast Heights, Nob Hill, North Valley, Corrales, Rio Rancho, South Valley, High Desert, and more. Use these reports to make informed buying and selling decisions backed by real SWMLS data.
Monthly Market Reports
Detailed monthly analysis of the Albuquerque housing market. Comprehensive data on prices, inventory, neighborhoods, and trends — with interactive charts to inform your real estate decisions.
Housing Market Update
Published May 24, 2026 · 10 min read
Albuquerque Housing Market Update
Key Market Statistics
Median Home Price
$385,000
Year-over-year
Active Listings
3,200
vs. last month
Avg. Days on Market
31
Until sale
Months of Inventory
4.1
Balanced Market
List-to-Sale Ratio
97.8%
Of asking price
Transactions
Median Home Price Trend
Inventory & Sales Activity
Neighborhood Price Comparison
Neighborhood Spotlight
Northeast Heights
Nob Hill
North Valley
Rio Rancho
Corrales
High Desert
Downtown / EDo
Taylor Ranch
Key Takeaways
- 1
Condo and townhome sales are outpacing single-family growth, with attached housing in Nob Hill trading at $210-$230/sqft as affordability pressure reshapes buyer demand.
- 2
Metro median price reached $385,000 in May 2026, up 3.5% YoY, with a 97.8% list-to-sale ratio confirming sellers retain pricing power on correctly priced homes.
- 3
Rio Rancho posted the strongest YoY appreciation at 5.2%, driven by affordability migration and consistent demand from Sandia Labs and Kirtland AFB commuters.
- 4
At 4.1 months of inventory, the market is balanced — buyers have leverage above $500K, but the $300K-$400K range still produces competitive offers on well-priced listings.
- 5
Sandia Labs expansion, Kirtland AFB, and the growing film industry provide structural demand insulation that limits Albuquerque's downside exposure relative to other Sun Belt metros.
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Albuquerque Housing Market Report: May 2026 — UNM Research Corridor and Kirtland Expansion Push Southeast ABQ Values Up 5.2%
Albuquerque's median home price reached $387,000 in May 2026, a 3.5% year-over-year gain, as the UNM Research Corridor buildout and Kirtland AFB expansion create concentrated demand pressure in Southeast Albuquerque neighborhoods. With 4.3 months of inventory and homes averaging 31 days on market, the metro remains a measured seller's market with clear geographic winners.
May 22, 2026 · 10 min read
May 2026Albuquerque Housing Market Report: May 2026 — Are Interest Rate Cuts Finally Moving Inventory? What ABQ Data Shows
Albuquerque's median home price reached $387,000 in May 2026, up 3.5% year-over-year, as the metro's active listing count climbed to 3,850 — the highest since early 2023. Here is what the data tells buyers and sellers about where this market is heading.
May 18, 2026 · 10 min read
May 2026Albuquerque Housing Market Report: May 2026 — How Mortgage Rate Buydowns Are Changing What Buyers Can Afford in New Mexico Right Now
Albuquerque's median home price reached $387,000 in May 2026, up 3.5% year-over-year, as seller-paid mortgage rate buydowns emerge as the defining negotiation tool reshaping affordability across every price tier. With 4.3 months of inventory and homes averaging 31 days on market, the metro is navigating a careful balance between buyer leverage and persistent seller pricing power.
May 17, 2026 · 10 min read
May 2026Albuquerque Housing Market Report: May 2026 — Seller Concessions Are Back. How Buyers Are Using Them to Cut Closing Costs
Albuquerque's median home price reached $385,000 in May 2026, up 3.5% year-over-year, as inventory climbed to 3,850 active listings and seller concessions returned as a meaningful negotiating tool for buyers. With 3.3 months of supply and an average of 31 days on market, this is no longer the frenzied seller's market of 2021 — but it is not a buyer's market either.
May 15, 2026 · 10 min read
May 2026Albuquerque Housing Market Report: May 2026 — Days on Market Are Climbing. Here's What That Means for Buyers and Sellers This Summer
Albuquerque's median home price held at $385,000 in May 2026, up 3.5% year-over-year, but the real story is days on market climbing to 31 days — a signal that the frenzied pace of the past two years is giving way to a more deliberate market. Here is what that shift means if you are buying or selling in Albuquerque this summer.
May 11, 2026 · 10 min read
May 2026Albuquerque Housing Market Report: May 2026 — New Construction Pressure Reshapes Resale Pricing Citywide
Albuquerque's median home price held at $385,000 in May 2026, up 3.5% year-over-year, but the story beneath that headline is more nuanced: aggressive new construction incentives in Rio Rancho and Taylor Ranch are forcing resale sellers across the metro to recalibrate their pricing strategies. With 3,850 active listings and 3.3 months of supply, buyers have more options than at any point in the past two years — but only if they know where to look.
May 10, 2026 · 10 min read
May 2026Albuquerque Housing Market Report: May 2026 — Is the Luxury Segment Finally Softening Above $600K?
Albuquerque's median home price held at $385,000 in May 2026, up 3.5% year-over-year, but the real story is above $600K — where days on market have climbed to 58 days and price reductions are becoming routine. Here is what the data tells buyers and sellers heading into summer.
May 8, 2026 · 10 min read
May 2026Albuquerque Housing Market Report: May 2026 — Rising Inventory Reshapes the Summer Outlook
Albuquerque's median home price held at $385,000 in May 2026, up 3.5% year-over-year, even as active listings climbed to 2,850 and months of inventory reached 3.7 — the highest level since early 2020. Buyers are gaining leverage they haven't seen in years, while sellers must recalibrate expectations heading into a more competitive summer.
May 4, 2026 · 10 min read
May 2026Albuquerque Housing Market Report: May 2026 — ABQ Holds Steady at $385K as Southwest Buyers Weigh Their Options
Albuquerque's median home price held at $385,000 in April 2026, up 3.5% year-over-year, as the metro continues to outperform Phoenix and Denver on affordability while inventory climbs to 3.7 months — the most breathing room buyers have seen since early 2023. Here is what the data means for anyone weighing a move in or out of the Duke City this spring.
May 3, 2026 · 11 min read
May 2026Albuquerque Housing Market Report: May 2026 — How New Mexico's Job Market Is Quietly Reshaping Who Buys Homes in ABQ
Albuquerque's median home price held at $385,000 in April 2026, up 3.5% year-over-year, as a diversifying local economy anchored by Sandia Labs, Kirtland AFB, and an expanding film sector is fundamentally changing the profile of the Albuquerque homebuyer. With 3.9 months of inventory and homes averaging just 34 days on market, the ABQ real estate market remains tilted toward sellers — but the story beneath the headline numbers is more nuanced than it first appears.
May 1, 2026 · 10 min read
April 2026Albuquerque Housing Market Report: April 2026 — Median Price Holds at $385K as Rate Optimism Stirs Spring Demand
Albuquerque's median home price held firm at $385,000 in April 2026, up 3.5% year-over-year, as easing rate expectations pulled sidelined buyers back into a market where inventory sits at just 3.9 months of supply. Spring competition is tightening across the Northeast Heights, Rio Rancho, and Nob Hill corridors — and sellers who priced correctly in April saw offers within two weeks.
Apr 27, 2026 · 10 min read