87122 — Albuquerque, NM Home Values
Typical home value $764,336 as of June 2026 · 1st of 38 in Albuquerque, NM
Blue: typical home value (Zillow ZHVI) in ZIP code 87122, June 2021 to June 2026. This page shows observed data only; no forecast.
How 87122 compares in the Albuquerque, NM area
ZIP code 87122 (Albuquerque, NM) has a typical home value of $764,336 as of June 2026, ranking 1st of 38 ZIP codes tracked in the Albuquerque, NM area, the most expensive ZIP code in the metro. Prices here have moved +0.2% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +26.6%, from $603,659 in June 2021 to $764,336 in June 2026. Against observed rent, the typical home here sells for 30.2× the annual rent ($2,111/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Albuquerque, NM forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Albuquerque.
Population and demographics
ZIP code 87122 has a population of 18,776, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 59.8% White, 24.9% Hispanic or Latino, 9.8% Asian, 2.5% two or more races, 1.1% another race, 1% Black or African American, and 0.9% American Indian or Alaska Native.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| DOUBLE EAGLE ELEMENTARY | 8901 LOWELL ST NE, ALBUQUERQUE, NM | 0.8 mi |
| NORTH STAR ELEMENTARY | 9301 VENTURA NE, ALBUQUERQUE, NM | 2.8 mi |
| GEORGIA O'KEEFFE ELEMENTARY | 11701 SAN VICTORIO NE, ALBUQUERQUE, NM | 2.9 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 87122?
$764,336 as of June 2026, the latest month Zillow has published observed data for.
Is 87122 an expensive ZIP code in the Albuquerque, NM area?
87122 ranks 1st of 38 ZIP codes in the Albuquerque, NM area by typical home value, the most expensive ZIP code in the metro.
How much have home values in 87122 changed over the past year?
+0.2% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 87122?
The typical home price is 30.2× the observed annual rent in this ZIP code ($2,111/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 87122?
18,776, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 87122?
DOUBLE EAGLE ELEMENTARY (0.8 mi), NORTH STAR ELEMENTARY (2.8 mi), GEORGIA O'KEEFFE ELEMENTARY (2.9 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 87122?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Albuquerque, NM forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.