Home appreciation in Albuquerque, NM

Over the five years ending 2025, home prices in Albuquerque, NM grew an average of 9.4% a year.

Price growth at a glance

1-year

+3.9%

2025 over 2024. New Mexico: +4.0%.

5-year, per year

+9.4%

Average annual growth, 2020 to 2025. New Mexico: +8.9%.

10-year, per year

+6.8%

+93.0% in total since 2015. New Mexico: +6.5%.

How does your home compare?

Albuquerque, NM home prices rose 93.0% over the ten years to 2025, while its ZIP codes ranged from +62.1% to +127.7%. Look up your home to see where it ranks among the homes around it.

Your first analysis is free.

A model-generated estimate and analytical context, not investment advice. Investing? Score any property free

How Albuquerque, NM compares with New Mexico

New Mexico averaged +8.9% a year, so Albuquerque, NM grew faster than the state overall. For five-year price growth, Albuquerque, NM ranks 164th out of 409 metros nationwide and 1st out of 4 in New Mexico.

Index, 2005 = 100

Albuquerque, NM and New Mexico, quarterly house price index rebased to 100 in 2005.
YearAlbuquerque, NMNew Mexico
2005 Q1100100
2005 Q2105104
2005 Q3110108
2005 Q4113112
2006 Q1117115
2006 Q2122119
2006 Q3126122
2006 Q4129125
2007 Q1130127
2007 Q2132128
2007 Q3132128
2007 Q4132129
2008 Q1132129
2008 Q2131128
2008 Q3128124
2008 Q4127124
2009 Q1128125
2009 Q2123122
2009 Q3120119
2009 Q4120118
2010 Q1119118
2010 Q2117116
2010 Q3118117
2010 Q4117116
2011 Q1114113
2011 Q2111111
2011 Q3112111
2011 Q4112111
2012 Q1110110
2012 Q2109109
2012 Q3111110
2012 Q4110110
2013 Q1111110
2013 Q2111110
2013 Q3111110
2013 Q4111111
2014 Q1111110
2014 Q2112111
2014 Q3113112
2014 Q4113112
2015 Q1114113
2015 Q2115113
2015 Q3115114
2015 Q4115114
2016 Q1116115
2016 Q2118116
2016 Q3119117
2016 Q4121119
2017 Q1120118
2017 Q2122119
2017 Q3124122
2017 Q4124122
2018 Q1125122
2018 Q2127124
2018 Q3128126
2018 Q4128127
2019 Q1129127
2019 Q2133130
2019 Q3135133
2019 Q4135134
2020 Q1138136
2020 Q2139137
2020 Q3142140
2020 Q4146143
2021 Q1150147
2021 Q2158153
2021 Q3167162
2021 Q4173167
2022 Q1179173
2022 Q2190182
2022 Q3194186
2022 Q4196187
2023 Q1197188
2023 Q2203192
2023 Q3206198
2023 Q4206197
2024 Q1207199
2024 Q2213204
2024 Q3215207
2024 Q4216208
2025 Q1219209
2025 Q2223214
2025 Q3221213
2025 Q4223215
2026 Q1223216
2026 Q2228218

Chart through 2026 Q2. Annual growth figures through 2025.

Growth was stronger over the last five years than over the full decade: +6.8% a year over ten years, +93.0% in total.

Over this history, home prices peaked in 2007, fell 16.3% to its 2012 low, and regained the 2007 level in 2019.

The strongest year was 2022 at +17.2%, and the weakest was 2009 at -5.2%.

In 2025 alone the index moved +3.9%, against +4.0% for the state.

ZIP codes in Albuquerque, NM

Over the ten years to 2025, the 26 ZIP codes FHFA measures in this metro ranged from +62.1% in 87106 to +127.7% in 87121, while the metro as a whole rose 93.0%.

Fastest-rising ZIP codes

10-year change

  1. 87121+127.7%
  2. 87002+113.9%
  3. 87124+110.1%
  4. 87105+105.2%
  5. 87102+102.1%

Slowest-rising ZIP codes

10-year change

  1. 87106+62.1%
  2. 87122+70.2%
  3. 87113+72.9%
  4. 87048+72.9%
  5. 87111+76.0%
ZIP codes in Albuquerque, NM ranked by 10-year home-price change through 2025 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
87121+3.7%+11.0%+8.6%+127.7%
87002+3.1%+11.6%+7.9%+113.9%
87124+1.8%+10.1%+7.7%+110.1%
87105-1.1%+9.9%+7.5%+105.2%
87102+9.8%+10.6%+7.3%+102.1%
87068+12.2%+9.7%+7.1%+98.3%
87031+6.6%+10.3%+7.0%+97.4%
87047+2.8%+9.0%+6.9%+95.3%
87144+1.4%+9.2%+6.9%+94.9%
87120+0.4%+9.3%+6.8%+93.9%
87112+4.2%+9.1%+6.8%+92.7%
87114+1.6%+8.8%+6.6%+89.1%
87123+2.1%+8.8%+6.5%+87.7%
87107+3.9%+9.2%+6.4%+86.3%
87008+2.8%+8.6%+6.3%+84.2%
87059+0.9%+7.7%+6.2%+83.3%
87104+0.1%+8.3%+6.2%+83.0%
87110+3.1%+8.8%+6.2%+82.9%
87109+4.0%+8.4%+6.0%+79.3%
87108+3.1%+8.6%+5.9%+77.9%
87043+3.4%+7.6%+5.9%+77.7%
87111+2.8%+8.1%+5.8%+76.0%
87048+4.3%+8.1%+5.6%+72.9%
87113+2.5%+7.9%+5.6%+72.9%
87122+6.0%+8.1%+5.5%+70.2%
87106+4.3%+7.1%+4.9%+62.1%

What a home report shows

Enter an address and you get a score out of 10 for how the home ranks on appreciation potential against comparable homes in its market, with the nearby sales behind it. Here is one saved report.

Example report · saved October 14, 2026

165 N Canal St, Apt 1205, Chicago, IL 60606

Appreciation score

4.1 / 10

Around the median

Where it ranks

Ranks above about 41% of comparable homes in Chicago, IL for appreciation potential.

Price against nearby sales

Priced below most nearby sales, at $300 per square foot across 6 comparable sales.

Read the full example report

Year by year

Annual house price index for Albuquerque, NM and New Mexico, 2005 = 100 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
2005100.0—100.0
2006115.5+15.5%113.3
2007123.0+6.5%120.4
2008121.0-1.7%119.0
2009114.6-5.2%114.2
2010110.2-3.9%110.0
2011104.7-5.0%105.0
2012103.0-1.7%103.1
2013103.6+0.6%103.9
2014105.2+1.6%104.9
2015107.3+1.9%106.9
2016110.7+3.2%110.0
2017114.5+3.4%113.4
2018118.7+3.6%117.6
2019124.3+4.8%123.4
2020132.1+6.2%130.9
2021151.4+14.6%148.2
2022177.5+17.2%171.4
2023189.8+6.9%182.6
2024199.2+4.9%192.8
2025207.0+3.9%200.5

The 4 measured metros in New Mexico

Measured metros in New Mexico ranked by 5-year home-price appreciation through 2025 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
#
1Albuquerque, NM+3.9%+9.4%+6.8%
2Farmington, NM+9.3%+9.1%+5.0%
3Las Cruces, NM+2.4%+9.1%+6.3%
4Santa Fe, NM+2.8%+8.7%+7.3%

Source & method: Metro figures: FHFA quarterly all-transactions index for metropolitan statistical areas and metropolitan divisions, annualized as the mean of the four quarterly (NSA) values. State figures: FHFA quarterly all-transactions index, annualized as the mean of the four quarterly (NSA) values. The chart uses quarterly readings, with each series set to 100 in the first quarter of 2005. ZIP figures: FHFA annual five-digit ZIP index (developmental), ZIPs with sufficient transaction history. Missing years are reported as missing by FHFA and are not estimated. Each ZIP is placed in the metro that holds the county with most of its housing units. “5-yr /yr” and “10-yr /yr” are compound annual growth over the window ending 2025; all figures are nominal. Data published by the FHFA House Price Index; this edition compiled 2026-10-17. Educational data, not investment advice.

See the New Mexico row in the state rankings, the county rankings, and, for why one metro number hides so much, why two homes in the same ZIP code appreciate differently.

How does your home compare?

See how your home ranks against nearby homes. Your first analysis is free.

Look up your home

Investing? Score any property free

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Measured FHFA data · chart through 2026 Q2