Bernalillo County, NM home prices
Bernalillo County, NM: the typical home is worth $352,602 as of 2026-05, up +1.0% over the past year and n/a since 2000. Listings run about $225/sq ft…
Bernalillo County is flat and overvalued — affordable for what people here earn.
Real Estate Price Map scores, derived from the data on this page · how we calculate them
1975: $39,475 → 2026: $352,602 (8.9×) pre-2000 estimated via FHFA index
Market read
At $352,602, homes in Bernalillo County sit 53% above the New Mexico median ($231,172) and 51% above the US median ($233,954). That ranks #5 of 30 New Mexico counties by price.
Prices are holding steady (+1.0% in the last year) — a balanced market.
Homes here move at a steady pace — a median 53 days on the market, with 20% of listings cutting their asking price.
At 5.2× local income, that's pricier than the typical US county (~3.8×).
Against the typical US price-to-income and price-to-rent, homes here look ~25% expensive for local incomes and rents.
Renting looks cheaper — buying the typical home runs ~$1,740/mo (P&I, 20% down) vs $1,482/mo to rent.
Home value history
Zillow ZHVI, monthly from 2000 · recessions shaded. See the full 1975 history on the interactive map →
Nearby counties
Valencia County, NM ($316,213) · Sandoval County, NM ($377,595) · Santa Fe County, NM ($558,898) · Torrance County, NM ($230,249) · Los Alamos County, NM ($584,419) · Socorro County, NM ($200,652)
Frequently asked questions
What is the average home price in Bernalillo County, NM?
Are home prices in Bernalillo County rising or falling?
Is Bernalillo County affordable?
What is the rental yield in Bernalillo County?
How fast do homes sell in Bernalillo County?
| Year | Median home value |
|---|---|
| 2002 | $141,234 |
| 2003 | $144,454 |
| 2004 | $151,447 |
| 2005 | $159,443 |
| 2006 | $184,488 |
| 2007 | $203,464 |
| 2008 | $201,904 |
| 2009 | $188,046 |
| 2010 | $184,124 |
| 2011 | $171,372 |
| 2012 | $166,492 |
| 2013 | $171,786 |
| 2014 | $175,759 |
| 2015 | $178,349 |
| 2016 | $186,453 |
| 2017 | $191,520 |
| 2018 | $197,933 |
| 2019 | $210,729 |
| 2020 | $225,638 |
| 2021 | $267,512 |
| 2022 | $313,597 |
| 2023 | $321,506 |
| 2024 | $341,336 |
| 2025 | $348,982 |