Zip Code: 87931 (Caballo, NM) - Trend of Average House Listing Price (Realtor)
Updated on March 13, 2026.

According to data from Realtor.com, the average house listing price for the 87931 Zip Code in February 2026 was $308,980. The month over month percentage change (MoM) was 0.0243%, and the year over year percentage change (YoY) was -0.3808%.

You can see similar for other New Mexico Zip Codes, and for New Mexico.

The chart below shows the trend of the average house listing price in the 87931 zip code. The table below shows the trend of the average house listing price, and the MoM and YoY percentage changes.

Data Source: Realtor.
Zip Code: 87931 - Trend of Average House Listing Price ($)
Zip Code: 87931 Trend of Average House Listing Price
Items per page:
1 – 10 of 114
Month Price ($) MoM Perc. Change (%) YoY Perc. Change (%)
Aug 2016 235740
Sep 2016 250980
Oct 2016 239760
Nov 2016 238760
Dec 2016 214800
Jan 2017 152760
Feb 2017 123260
Mar 2017 119760
Apr 2017 117760
May 2017 221467
Jun 2017 259723
Jul 2017 267686
Aug 2017 333980 0.2477 0.4167
Sep 2017 388725 0.1639 0.5488
Oct 2017 386225 -0.0064 0.6109
Nov 2017 323300 -0.1629 0.3541
Dec 2017 323300 0.0 0.5051
Jan 2018 323300 0.0 1.1164
Feb 2018 323300 0.0 1.6229
Mar 2018 323300 0.0 1.6996
Apr 2018 359950 0.1134 2.0566
May 2018 225000 -0.3749 0.016
Jun 2018 159000 -0.2933 -0.3878
Jul 2018 159000 0.0 -0.406
Aug 2018 159000 0.0 -0.5239
Sep 2018 202333 0.2725 -0.4795
Oct 2018 202333 0.0 -0.4761
Nov 2018 414396 1.0481 0.2818
Dec 2018 445167 0.0743 0.3769
Jan 2019 368625 -0.1719 0.1402
Feb 2019 384333 0.0426 0.1888
Mar 2019 309375 -0.195 -0.0431
Apr 2019 303857 -0.0178 -0.1558
May 2019 296500 -0.0242 0.3178
Jun 2019 296500 0.0 0.8648
Jul 2019 330750 0.1155 1.0802
Aug 2019 361858 0.0941 1.2758
Sep 2019 375644 0.0381 0.8566
Oct 2019 349660 -0.0692 0.7281
Nov 2019 331505 -0.0519 -0.2
Dec 2019 323280 -0.0248 -0.2738
Jan 2020 323280 0.0 -0.123
Feb 2020 313600 -0.0299 -0.184
Mar 2020 313600 0.0 0.0137
Apr 2020 303850 -0.0311 0.0
May 2020 300600 -0.0107 0.0138
Jun 2020 300600 0.0 0.0138
Jul 2020 300600 0.0 -0.0912
Aug 2020 293750 -0.0228 -0.1882
Sep 2020 343333 0.1688 -0.086
Oct 2020 339667 -0.0107 -0.0286
Nov 2020 303000 -0.1079 -0.086
Dec 2020 303000 0.0 -0.0627
Jan 2021 303000 0.0 -0.0627
Feb 2021 303000 0.0 -0.0338
Mar 2021 265542 -0.1236 -0.1532
Apr 2021 340267 0.2814 0.1199
May 2021 340433 0.0005 0.1325
Jun 2021 224475 -0.3406 -0.2532
Jul 2021 152667 -0.3199 -0.4921
Aug 2021 152667 0.0 -0.4803
Sep 2021 147000 -0.0371 -0.5718
Oct 2021 171625 0.1675 -0.4947
Nov 2021 171625 0.0 -0.4336
Dec 2021 141000 -0.1784 -0.5347
Jan 2022 79200 -0.4383 -0.7386
Feb 2022 79200 0.0 -0.7386
Mar 2022 119000 0.5025 -0.5519
Apr 2022 310000 1.605 -0.0889
May 2022 288000 -0.071 -0.154
Jun 2022 277950 -0.0349 0.2382
Jul 2022 286967 0.0324 0.8797
Aug 2022 302725 0.0549 0.9829
Sep 2022 330000 0.0901 1.2449
Oct 2022 327500 -0.0076 0.9082
Nov 2022 327500 0.0 0.9082
Dec 2022 327500 0.0 1.3227
Jan 2023 316667 -0.0331 2.9983
Feb 2023 315000 -0.0053 2.9773
Mar 2023 315000 0.0 1.6471
Apr 2023 315000 0.0 0.0161
May 2023 320000 0.0159 0.1111
Jun 2023 203650 -0.3636 -0.2673
Jul 2023 201500 -0.0106 -0.2978
Aug 2023 262500 0.3027 -0.1329
Sep 2023 270000 0.0286 -0.1818
Oct 2023 262500 -0.0278 -0.1985
Nov 2023 262500 0.0 -0.1985
Dec 2023 262500 0.0 -0.1985
Jan 2024 277500 0.0571 -0.1237
Feb 2024 277500 0.0 -0.119
Mar 2024 264500 -0.0468 -0.1603
Apr 2024 269000 0.017 -0.146
May 2024 239000 -0.1115 -0.2531
Jun 2024 369450 0.5458 0.8141
Jul 2024 239000 -0.3531 0.1861
Aug 2024 394500 0.6506 0.5029
Sep 2024 394500 0.0 0.4611
Oct 2024 575000 0.4575 1.1905
Nov 2024 575000 0.0 1.1905
Dec 2024 575000 0.0 1.1905
Mar 2025 499000 0.8866
Apr 2025 372000 -0.2545 0.3829
May 2025 372000 0.0 0.5565
Jun 2025 367000 -0.0134 -0.0066
Jul 2025 297667 -0.1889 0.2455
Aug 2025 367000 0.2329 -0.0697
Sep 2025 367000 0.0 -0.0697
Oct 2025 357000 -0.0272 -0.3791
Nov 2025 360000 0.0084 -0.3739
Dec 2025 308300 -0.1436 -0.4638
Jan 2026 310640 0.0076
Feb 2026 301650 -0.0289
Mar 2026 308980 0.0243 -0.3808