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 February 21, 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 January 2026 was $333,850.788. The month over month percentage change (MoM) was 0.17%, and the year over year percentage change (YoY) was 1.44%.

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.

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 174141.64555430567 0.25 1.57
Feb 2015 174522.45818722807 0.22 1.42
Mar 2015 175046.7850419349 0.30 1.30
Apr 2015 175525.5342325312 0.27 1.18
May 2015 175875.49099870585 0.20 1.07
Jun 2015 175780.97293117802 -0.05 0.94
Jul 2015 175917.86612765022 0.08 1.15
Aug 2015 176311.26009516147 0.22 1.53
Sep 2015 177157.2346981586 0.48 2.11
Oct 2015 177878.52471235534 0.41 2.63
Nov 2015 178582.64626855482 0.40 2.98
Dec 2015 179599.66739293063 0.57 3.40
Jan 2016 180821.37828794052 0.68 3.84
Feb 2016 181877.2813389285 0.58 4.21
Mar 2016 182545.15195018848 0.37 4.28
Apr 2016 183436.37575847245 0.49 4.51
May 2016 184472.61020819913 0.56 4.89
Jun 2016 185520.51553488756 0.57 5.54
Jul 2016 185947.77811889056 0.23 5.70
Aug 2016 186176.18790248153 0.12 5.60
Sep 2016 185993.7854625442 -0.10 4.99
Oct 2016 186244.78023387116 0.14 4.70
Nov 2016 186569.60390612576 0.17 4.47
Dec 2016 187036.36452292604 0.25 4.14
Jan 2017 186981.21175636756 -0.03 3.41
Feb 2017 186692.36421565842 -0.15 2.65
Mar 2017 186418.93371168457 -0.15 2.12
Apr 2017 186632.17924086552 0.11 1.74
May 2017 186903.01843333011 0.14 1.32
Jun 2017 187309.9047709019 0.22 0.97
Jul 2017 187596.09997298894 0.15 0.89
Aug 2017 187993.2840346354 0.21 0.98
Sep 2017 188371.35556946593 0.20 1.28
Oct 2017 188833.70612946173 0.25 1.39
Nov 2017 189527.0991035192 0.37 1.59
Dec 2017 190207.33900426325 0.36 1.70
Jan 2018 190662.3462096752 0.24 1.97
Feb 2018 191063.11763030555 0.21 2.34
Mar 2018 191703.44504936537 0.34 2.84
Apr 2018 192380.61130685927 0.35 3.08
May 2018 192920.2803849439 0.28 3.22
Jun 2018 193309.36323526932 0.20 3.20
Jul 2018 194006.38380728464 0.36 3.42
Aug 2018 194898.3984894571 0.46 3.67
Sep 2018 195790.0817864519 0.46 3.94
Oct 2018 196368.95337027914 0.30 3.99
Nov 2018 196819.02795702874 0.23 3.85
Dec 2018 197328.59641147917 0.26 3.74
Jan 2019 198187.45540171085 0.44 3.95
Feb 2019 199573.23829378097 0.70 4.45
Mar 2019 201210.29316191984 0.82 4.96
Apr 2019 202940.96923862878 0.86 5.49
May 2019 204260.56071592434 0.65 5.88
Jun 2019 205175.27627436517 0.45 6.14
Jul 2019 205782.72723835133 0.30 6.07
Aug 2019 206447.87796542767 0.32 5.93
Sep 2019 207307.35690206065 0.42 5.88
Oct 2019 208151.2099844831 0.41 6.00
Nov 2019 209254.82716905986 0.53 6.32
Dec 2019 210532.5869936852 0.61 6.69
Jan 2020 212326.28726129117 0.85 7.13
Feb 2020 213808.66814887532 0.70 7.13
Mar 2020 215306.5399528799 0.70 7.01
Apr 2020 216452.97135035027 0.53 6.66
May 2020 217399.33080925336 0.44 6.43
Jun 2020 218386.81028931742 0.45 6.44
Jul 2020 219600.89468815524 0.56 6.72
Aug 2020 221549.8721190543 0.89 7.32
Sep 2020 224162.2764094451 1.18 8.13
Oct 2020 227159.6867929682 1.34 9.13
Nov 2020 230121.2437863394 1.30 9.97
Dec 2020 232805.17268330624 1.17 10.58
Jan 2021 235545.476127267 1.18 10.94
Feb 2021 238661.05186065822 1.32 11.62
Mar 2021 242336.73841709364 1.54 12.55
Apr 2021 246351.77556012585 1.66 13.81
May 2021 250447.70655303882 1.66 15.20
Jun 2021 254425.40596558596 1.59 16.50
Jul 2021 257574.587961014 1.24 17.29
Aug 2021 259738.72561143435 0.84 17.24
Sep 2021 260949.23529367513 0.47 16.41
Oct 2021 262042.93104522754 0.42 15.36
Nov 2021 263799.5855293576 0.67 14.64
Dec 2021 266258.29792202666 0.93 14.37
Jan 2022 270302.5978582776 1.52 14.76
Feb 2022 275992.44139873324 2.11 15.64
Mar 2022 282596.6049546992 2.39 16.61
Apr 2022 288682.3224201032 2.15 17.18
May 2022 293256.3544584361 1.58 17.09
Jun 2022 297130.3831738469 1.32 16.79
Jul 2022 299565.2519342361 0.82 16.30
Aug 2022 300701.866377094 0.38 15.77
Sep 2022 300400.010693434 -0.10 15.12
Oct 2022 300113.9260275249 -0.09 14.53
Nov 2022 299933.02708932443 -0.06 13.70
Dec 2022 300065.37306349236 0.04 12.70
Jan 2023 300147.49267075554 0.03 11.04
Feb 2023 300788.3127101927 0.21 8.98
Mar 2023 301699.14118905825 0.30 6.76
Apr 2023 303491.16756796866 0.59 5.13
May 2023 305747.61875444156 0.74 4.26
Jun 2023 308173.275425558 0.79 3.72
Jul 2023 310300.0376718405 0.69 3.58
Aug 2023 312303.6082548441 0.65 3.86
Sep 2023 314083.9072304413 0.57 4.56
Oct 2023 315565.572927611 0.47 5.15
Nov 2023 316659.3369117407 0.35 5.58
Dec 2023 317671.3288731738 0.32 5.87
Jan 2024 318800.49793641653 0.36 6.22
Feb 2024 319965.7565916611 0.37 6.38
Mar 2024 321536.49479472474 0.49 6.58
Apr 2024 323126.34529213066 0.49 6.47
May 2024 324060.4825439866 0.29 5.99
Jun 2024 324036.75869006943 -0.01 5.15
Jul 2024 323764.2059697365 -0.08 4.34
Aug 2024 323835.5808778558 0.02 3.69
Sep 2024 324507.92913742195 0.21 3.32
Oct 2024 325304.80851719016 0.25 3.09
Nov 2024 326187.1674066565 0.27 3.01
Dec 2024 327552.3580985458 0.42 3.11
Jan 2025 329100.13875218265 0.47 3.23
Feb 2025 330650.1687740392 0.47 3.34
Mar 2025 331429.59892253386 0.24 3.08
Apr 2025 331948.0336001624 0.16 2.73
May 2025 332261.0158502814 0.09 2.53
Jun 2025 332252.4722643986 0.00 2.54
Jul 2025 331897.93588953186 -0.11 2.51
Aug 2025 331409.6079512472 -0.15 2.34
Sep 2025 331409.0790386631 0.00 2.13
Oct 2025 331778.9699966848 0.11 1.99
Nov 2025 332569.5756949685 0.24 1.96
Dec 2025 333276.50263732765 0.21 1.75
Jan 2026 333850.78796085715 0.17 1.44