The Albuquerque market right now
Typical value: Zillow Home Value Index (ZHVI), Zillow Research, August 2026, mid-tier homes, seasonally adjusted. These are area-wide figures, not a value for any one home.
Show the numbers
| Month | Median sale price |
|---|---|
| Aug 2026 | $349,919 |
| Jul 2026 | $349,561 |
| Jun 2026 | $349,124 |
| May 2026 | $348,891 |
| Apr 2026 | $348,676 |
| Mar 2026 | $348,519 |
| Feb 2026 | $348,096 |
| Jan 2026 | $347,529 |
| Dec 2025 | $346,781 |
| Nov 2025 | $346,043 |
| Oct 2025 | $345,359 |
| Sep 2025 | $344,906 |
| Aug 2025 | $344,688 |
| Jul 2025 | $344,985 |
| Jun 2025 | $345,306 |
| May 2025 | $345,590 |
| Apr 2025 | $345,610 |
| Mar 2025 | $345,522 |
| Feb 2025 | $344,944 |
| Jan 2025 | $343,758 |
| Dec 2024 | $342,411 |
| Nov 2024 | $341,224 |
| Oct 2024 | $340,180 |
| Sep 2024 | $339,121 |
| Aug 2024 | $338,165 |
Source: Zillow Home Value Index. Monthly figures, not seasonally adjusted, so some ups and downs are just the time of year.
What the metro area covers
The Census Bureau counts about 926,303 people in the Albuquerque, NM metro area, across 4 counties. Property taxes, recording fees and some transfer taxes are set county by county, so check the county your home is in.
| County | Population (2024 estimate) |
|---|---|
| Bernalillo County, NM | 671,747 |
| Sandoval County, NM | 157,757 |
| Valencia County, NM | 80,813 |
| Torrance County, NM | 15,986 |
Towns with the most ZIP codes in the area: Albuquerque, Rio Rancho, Cedar Crest, Isleta, Sandia Park, Tijeras, Kirtland Afb, Algodones, Bernalillo, Cuba, Counselor, Jemez Pueblo.
Population and counties: U.S. Census Bureau, Vintage 2024 population estimates and 2023 metro delineations.
New Mexico rules that affect sellers
Transfer tax
New Mexico does not charge a real estate transfer tax. Sellers still pay ordinary closing costs such as title, escrow and recording fees.
Seller disclosure
No general seller disclosure form is required by New Mexico statute; the state's disclosure law (NMSA 47-13) focuses mainly on property taxes. In practice the standard New Mexico Realtors purchase agreement obliges the seller to disclose known adverse material facts, and brokers must disclose adverse material facts they know about. Summary from Nolo, as the statute site could not be loaded.
Source: Nolo, Selling a New Mexico Home: What Are My Disclosure Obligations? (secondary source)
Who handles the closing
New Mexico closings are customarily handled by title and escrow companies. State law does not require an attorney at closing, though sellers may hire one.
Source: HomeLight, Closing Costs in New Mexico: A Guide for Sellers (secondary source)
Also worth knowing
Under NMSA 47-13-4, before accepting an offer the seller must ask the county assessor for an estimate of the property tax at the listing price and give the buyer a copy of the assessor's response.
Source: Nolo, Selling a New Mexico Home: What Are My Disclosure Obligations? (secondary source)
Checking an agent's license
Real estate agents in New Mexico are licensed by the New Mexico Real Estate Commission (Regulation and Licensing Department). You can look up any agent before you work with them.
New Mexico Real Estate Commission (Regulation and Licensing Department) license lookup
Rules checked 2026-09-30. They change, and local practice varies: confirm with your title company, closing attorney or agent before relying on them. This is general information, not legal or tax advice.