State of the Albuquerque Real Estate Market — August 2026
Across 46 Albuquerque-area communities with reported single-family sales, 22 rose and 22 fell year over year. The typical area median price was $417,850. Source: Southwest MLS via the Greater Albuquerque Association of REALTORS® (Local Market Update).
Most affordable areas
- Belen — $200,000
- Near South Valley — $237,250
- Rio Rancho Central — $288,500
- West Belen — $299,900
- Southwest Heights — $305,000
- Northeast Heights — $313,000
Highest-priced areas
- Sandia Heights — $940,000
- North Albuquerque Acres — $935,000
- Far North Valley — $870,000
- Placitas — $779,900
- Foothills North — $684,000
- Bosque Farms & Peralta — $640,000
Fastest-selling areas
- Rio Rancho Mid-West — 10 days
- Belen — 12 days
- Rio Rancho Central — 14 days
- East Los Lunas & Tome — 14 days
- Far Northeast Heights — 15 days
- Academy West — 15 days
Biggest year-over-year gainers
- South 217 / Edgewood — +178.6%
- Sandia Heights — +57.1%
- East Mountains (North of I-40) — +38.8%
- North Albuquerque Acres — +32.1%
- Placitas — +29.2%
- Zuzax & Tijeras — +26.5%
Biggest year-over-year declines
- Albuquerque Acres West — -36.8%
- Belen — -36.2%
- Far North Valley — -30.1%
- East Los Lunas & Tome — -21.1%
- Corrales — -19.0%
- Four Hills Village — -18.1%