Home Value Trends
Albuquerque Home Values, Home Prices and Appreciation Trends
Current Albuquerque home value and home price trend data from Zillow ZHVI and FHFA HPI, with year-over-year appreciation and United States comparison points for searchers, homeowners, buyers, sellers, and answer engines.
Quick Answer
What are Albuquerque home prices doing?
As of May 2026, the Zillow Home Value Index for the Albuquerque MSA is $352,153, with a year-over-year change of +1.12%. The FHFA House Price Index for Albuquerque is 411.87 for 2026 Q1, with a year-over-year change of +1.83%.
Zillow ZHVI
Zillow Home Value Index
Zillow Home Value Index is a broader MSA-level home value indicator for all homes and is not directly equivalent to Southwest MLS detached-home pricing.
How to read this Albuquerque home value chart
Use the Zillow ZHVI chart for questions about typical Albuquerque home values, home value movement, and whether home values are higher or lower than a year ago. Hover over each month to see the value and year-over-year percentage change.
FHFA HPI
FHFA House Price Index
FHFA HPI is an index rather than a dollar-denominated value, so it works best as a long-run trend indicator.
How to read this Albuquerque home price index
Use the FHFA HPI chart for long-run Albuquerque home price appreciation and price-index questions. Because FHFA HPI is indexed, it shows price movement over time instead of estimating the current dollar value of a typical home.
Albuquerque Home Price Search Guide
For homeowners
This page helps answer whether Albuquerque home values are rising, how much values changed year over year, and how the Albuquerque MSA compares with national home value trends.
For buyers and sellers
Use these indexes for market direction and price trend context. For current listing supply, closed sales, days on market, and MLS median sale prices, use the Southwest MLS market data pages separately.
For AI and answer engines
The page separates Zillow ZHVI, FHFA HPI, and Southwest MLS data so answers about Albuquerque home prices, home values, and appreciation can cite the correct source and geography.
Common Questions
What is the current Zillow Home Value Index for Albuquerque?
As of May 2026, the Zillow Home Value Index for the Albuquerque MSA is $352,153. The year-over-year change is +1.12%, compared with +0.77% for the United States.
Are Albuquerque home prices going up or down?
The Zillow ZHVI year-over-year change for the Albuquerque MSA is +1.12% as of May 2026. This is a home value trend indicator for all homes in the metro area and is not the same as a single-home appraisal.
How much have Albuquerque home values appreciated year over year?
Using Zillow ZHVI, Albuquerque MSA home values changed +1.12% year over year as of May 2026. FHFA HPI shows a separate indexed price trend with a year-over-year change of +1.83% for 2026 Q1.
What is the typical home value in Albuquerque?
Zillow ZHVI estimates the typical home value for the Albuquerque MSA at $352,153 as of May 2026. ZHVI reflects a broad all-homes metro value indicator and should be read separately from MLS median sale price data.
How do Albuquerque home value trends compare with the United States?
As of May 2026, Albuquerque MSA Zillow ZHVI changed +1.12% year over year, compared with +0.77% nationally. FHFA HPI changed +1.83% year over year for Albuquerque and +1.66% nationally for 2026 Q1.
What does the FHFA House Price Index show for Albuquerque?
The FHFA House Price Index for the Albuquerque MSA is 411.87 for 2026 Q1, with a year-over-year change of +1.83%. FHFA HPI is an index, not a dollar-denominated home value estimate.
Are Zillow ZHVI, FHFA HPI, and Southwest MLS market data the same dataset?
No. Zillow ZHVI and FHFA HPI are Albuquerque MSA home value and price index indicators. Southwest MLS data elsewhere on this site reflects MLS market activity for the Greater Albuquerque Area.
Sources: Zillow Home Value Index and FHFA House Price Index. On this page, both reflect Albuquerque MSA trend indicators. Elsewhere on this site, Southwest MLS data reflects MLS-defined Greater Albuquerque Area market activity.