Zip Code: 87123 (Albuquerque, New Mexico) - Trend of Zillow Home Value Index (ZHVI) for All Homes (SFR, Condo/Co-op), Smooth and Seasonally Adjusted (Zillow)

Updated on March 22, 2026.

According to data from Zillow.com, the smoothed and seasonally adjusted Zillow home value index (ZHVI) for All Homes (SFR, Condo/Co-op) in the 87123 Zip Code (Albuquerque, New Mexico) in February 2026 was $335,712.822. The month over month percentage change (MoM) was 0.05%, and the year over year percentage change (YoY) was 1.02%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 87123 zip code (Albuquerque, New Mexico). The table below shows the trend of the smoothed and seasonally adjusted ZHVI, and the MoM and YoY percentage changes for the 87123 zip code (Albuquerque, New Mexico).

You can see similar information for other New Mexico zip codes, and for New Mexico.

Note: Zillow Home Value Index (ZHVI) is a measure of the typical home value and market changes across a given region and housing type. It reflects the typical value for homes in the 35th to 65th percentile range.

Related Topics: Zip Code: 87123 - Zillow House Inventory Topic List

Data Source: Zillow.

Zip Code: 87123 (Albuquerque, New Mexico) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)

Zip Code: 87123 (Albuquerque, New Mexico) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted

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Month	ZHVI ($)	MoM Perc. Change (%)	YoY Perc. Change (%)
Jan 2015	175030.49591194125	0.25	1.57
Feb 2015	175413.2522812047	0.22	1.42
Mar 2015	175940.2553947171	0.30	1.30
Apr 2015	176421.44820750342	0.27	1.18
May 2015	176773.1912161118	0.20	1.07
Jun 2015	176678.19071132518	-0.05	0.94
Jul 2015	176815.78263535476	0.08	1.15
Aug 2015	177211.1845566073	0.22	1.53
Sep 2015	178061.4771665122	0.48	2.11
Oct 2015	178786.4487749941	0.41	2.63
Nov 2015	179494.16429457345	0.40	2.98
Dec 2015	180516.37647814272	0.57	3.40
Jan 2016	181744.32320584217	0.68	3.84
Feb 2016	182805.61577638777	0.58	4.21
Mar 2016	183476.8953196685	0.37	4.28
Apr 2016	184372.66809496263	0.49	4.51
May 2016	185414.19167215968	0.56	4.89
Jun 2016	186467.44569657886	0.57	5.54
Jul 2016	186896.8891058485	0.23	5.70
Aug 2016	187126.46473415848	0.12	5.60
Sep 2016	186943.13127927962	-0.10	4.99
Oct 2016	187195.40717317516	0.14	4.70
Nov 2016	187521.88880402056	0.17	4.47
Dec 2016	187991.03185116858	0.25	4.14
Jan 2017	187935.59757494516	-0.03	3.41
Feb 2017	187645.27570430745	-0.15	2.65
Mar 2017	187370.44956174018	-0.15	2.12
Apr 2017	187584.78353455142	0.11	1.74
May 2017	187857.00513908823	0.14	1.32
Jun 2017	188265.96829789094	0.22	0.97
Jul 2017	188553.62429189196	0.15	0.89
Aug 2017	188952.83565260365	0.21	0.98
Sep 2017	189332.8369327164	0.20	1.28
Oct 2017	189797.5474133348	0.25	1.39
Nov 2017	190494.4795901545	0.37	1.59
Dec 2017	191178.1915580031	0.36	1.70
Jan 2018	191635.52120223187	0.24	1.97
Feb 2018	192038.33823245447	0.21	2.34
Mar 2018	192681.93399811583	0.34	2.84
Apr 2018	193362.55663428488	0.35	3.08
May 2018	193904.9802806495	0.28	3.22
Jun 2018	194296.0490799968	0.20	3.20
Jul 2018	194996.62737068848	0.36	3.42
Aug 2018	195893.19505663402	0.46	3.67
Sep 2018	196789.42966595222	0.46	3.94
Oct 2018	197371.25591471713	0.30	3.99
Nov 2018	197823.62776330856	0.23	3.85
Dec 2018	198335.7971470286	0.26	3.74
Jan 2019	199199.03990840362	0.44	3.95
Feb 2019	200591.89608621938	0.70	4.45
Mar 2019	202237.30677757552	0.82	4.96
Apr 2019	203976.81653703065	0.86	5.49
May 2019	205303.14344715615	0.65	5.88
Jun 2019	206222.52787873565	0.45	6.14
Jul 2019	206833.07938196883	0.30	6.07
Aug 2019	207501.62515828662	0.32	5.93
Sep 2019	208365.49103038106	0.42	5.88
Oct 2019	209213.65129108774	0.41	6.00
Nov 2019	210322.90153676295	0.53	6.32
Dec 2019	211607.1832779205	0.61	6.69
Jan 2020	213410.03891510668	0.85	7.13
Feb 2020	214899.98614202277	0.70	7.13
Mar 2020	216405.50335378977	0.70	7.01
Apr 2020	217557.78634382095	0.53	6.66
May 2020	218508.97619203627	0.44	6.43
Jun 2020	219501.49594541476	0.45	6.44
Jul 2020	220721.7772499305	0.56	6.72
Aug 2020	222680.70261304852	0.89	7.32
Sep 2020	225306.44108596884	1.18	8.13
Oct 2020	228319.1507925395	1.34	9.13
Nov 2020	231295.82410679045	1.30	9.97
Dec 2020	233993.45226077506	1.17	10.58
Jan 2021	236747.74270760606	1.18	10.94
Feb 2021	239879.22090129644	1.32	11.62
Mar 2021	243573.668824663	1.54	12.55
Apr 2021	247609.1994412072	1.66	13.81
May 2021	251726.03680442754	1.66	15.20
Jun 2021	255724.03911197814	1.59	16.50
Jul 2021	258889.29510012627	1.24	17.29
Aug 2021	261064.4788993206	0.84	17.24
Sep 2021	262281.1672412413	0.47	16.41
Oct 2021	263380.4454131091	0.42	15.36
Nov 2021	265146.0661784609	0.67	14.64
Dec 2021	267617.32828250196	0.93	14.37
Jan 2022	271682.2710548378	1.52	14.76
Feb 2022	277401.15658263495	2.11	15.64
Mar 2022	284039.02898015874	2.39	16.61
Apr 2022	290155.8090447955	2.15	17.18
May 2022	294753.18776737596	1.58	17.09
Jun 2022	298646.9902238596	1.32	16.79
Jul 2022	301094.28699342255	0.82	16.30
Aug 2022	302236.7029213349	0.38	15.77
Sep 2022	301933.3065118391	-0.10	15.12
Oct 2022	301645.76161821256	-0.09	14.53
Nov 2022	301463.9393392144	-0.06	13.70
Dec 2022	301596.96083109715	0.04	12.70
Jan 2023	301679.49959164247	0.03	11.04
Feb 2023	302323.59049210435	0.21	8.98
Mar 2023	303239.0680037536	0.30	6.76
Apr 2023	305040.2412084145	0.59	5.13
May 2023	307308.20972859405	0.74	4.26
Jun 2023	309746.2473887195	0.79	3.72
Jul 2023	311883.8650129743	0.69	3.58
Aug 2023	313897.66218148876	0.65	3.86
Sep 2023	315687.0481240554	0.57	4.56
Oct 2023	317176.27651009616	0.47	5.15
Nov 2023	318275.62326281273	0.35	5.58
Dec 2023	319292.7806136848	0.32	5.87
Jan 2024	320427.7131594219	0.36	6.22
Feb 2024	321598.9195049456	0.37	6.38
Mar 2024	323177.67503901076	0.49	6.58
Apr 2024	324775.6404200145	0.49	6.47
May 2024	325714.5456768341	0.29	5.99
Jun 2024	325690.70073208906	-0.01	5.15
Jul 2024	325416.7568535287	-0.08	4.34
Aug 2024	325488.4960720484	0.02	3.69
Sep 2024	326164.2761183595	0.21	3.32
Oct 2024	326965.22291416395	0.25	3.09
Nov 2024	327852.0855224964	0.27	3.01
Dec 2024	329224.24439382873	0.42	3.11
Jan 2025	330779.92519899533	0.47	3.23
Feb 2025	332337.8668535626	0.47	3.34
Mar 2025	333121.2753540709	0.24	3.08
Apr 2025	333642.35621577076	0.16	2.73
May 2025	333956.93598372693	0.09	2.53
Jun 2025	333948.3487898412	0.00	2.54
Jul 2025	333592.0027973924	-0.11	2.51
Aug 2025	333101.1823452625	-0.15	2.34
Sep 2025	333100.65073301323	0.00	2.13
Oct 2025	333472.4296811782	0.11	1.99
Nov 2025	334267.0707734966	0.24	1.96
Dec 2025	334977.60599843244	0.21	1.75
Jan 2026	335554.82257780014	0.17	1.44
Feb 2026	335712.8216927236	0.05	1.02