Zip Code: 88124 (Melrose, 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 88124 Zip Code in February 2026 was $285,487. The month over month percentage change (MoM) was 0.1195%, and the year over year percentage change (YoY) was 0.1147%.

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 88124 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: 88124 - Trend of Average House Listing Price ($)
Zip Code: 88124 Trend of Average House Listing Price
Items per page:
1 – 10 of 115
Month Price ($) MoM Perc. Change (%) YoY Perc. Change (%)
Aug 2016 92944
Sep 2016 105155
Oct 2016 109167
Nov 2016 109167
Dec 2016 126975
Jan 2017 90667
Feb 2017 90667
Mar 2017 141625
Apr 2017 153000
May 2017 147667
Jun 2017 143817
Jul 2017 96679
Aug 2017 81967 -0.1522 -0.1181
Sep 2017 109613 0.3373 0.0424
Oct 2017 108500 -0.0101 -0.0061
Nov 2017 124000 0.1429 0.1359
Dec 2017 124000 0.0 -0.0234
Jan 2018 124000 0.0 0.3676
Feb 2018 125250 0.0101 0.3814
Mar 2018 125875 0.005 -0.1112
Apr 2018 125875 0.0 -0.1773
May 2018 184333 0.4644 0.2483
Jun 2018 60000 -0.6745 -0.5828
Aug 2018 12500 -0.8475
Sep 2018 35167 1.8133 -0.6792
Oct 2018 46500 0.3223 -0.5714
Nov 2018 54975 0.1823 -0.5567
Dec 2018 49950 -0.0914 -0.5972
Jan 2019 44950 -0.1001 -0.6375
Feb 2019 46850 0.0423 -0.6259
Mar 2019 41250 -0.1195 -0.6723
Apr 2019 89571 1.1714 -0.2884
May 2019 154000 0.7193 -0.1646
Jun 2019 103300 -0.3292 0.7217
Jul 2019 75000 -0.274
Aug 2019 66525 -0.113 4.322
Sep 2019 64864 -0.025 0.8445
Oct 2019 64659 -0.0032 0.3905
Nov 2019 58750 -0.0914 0.0687
Dec 2019 89333 0.5206 0.7885
Jan 2020 76667 -0.1418 0.7056
Feb 2020 61500 -0.1978 0.3127
Mar 2020 61500 0.0 0.4909
Apr 2020 47438 -0.2287 -0.4704
May 2020 86250 0.8182 -0.4399
Jun 2020 86250 0.0 -0.1651
Jul 2020 108700 0.2603 0.4493
Aug 2020 136971 0.2601 1.0589
Sep 2020 152400 0.1126 1.3495
Oct 2020 142425 -0.0655 1.2027
Nov 2020 134950 -0.0525 1.297
Dec 2020 134950 0.0 0.5106
Jan 2021 124542 -0.0771 0.6245
Feb 2021 116633 -0.0635 0.8965
Mar 2021 114300 -0.02 0.8585
Apr 2021 124450 0.0888 1.6235
May 2021 139990 0.1249 0.6231
Jun 2021 151100 0.0794 0.7519
Jul 2021 137000 -0.0933 0.2603
Aug 2021 137000 0.0 0.0002
Sep 2021 123375 -0.0995 -0.1905
Oct 2021 123083 -0.0024 -0.1358
Nov 2021 111125 -0.0972 -0.1765
Dec 2021 104563 -0.0591 -0.2252
Jan 2022 93500 -0.1058 -0.2492
Feb 2022 62500 -0.3316 -0.4641
Mar 2022 52500 -0.16 -0.5407
Apr 2022 41250 -0.2143 -0.6685
May 2022 30000 -0.2727 -0.7857
Jun 2022 75000 1.5 -0.5036
Jul 2022 75000 0.0 -0.4526
Aug 2022 325000 3.3333 1.3723
Sep 2022 317500 -0.0231 1.5735
Oct 2022 310000 -0.0236 1.5186
Nov 2022 295000 -0.0484 1.6547
Dec 2022 212667 -0.2791 1.0339
Jan 2023 231500 0.0886 1.4759
Feb 2023 227917 -0.0155 2.6467
Mar 2023 223917 -0.0176 3.2651
Apr 2023 219583 -0.0194 4.3232
May 2023 129995 -0.408 3.3332
Jun 2023 103165 -0.2064 0.3755
Jul 2023 117498 0.1389 0.5666
Aug 2023 124665 0.061 -0.6164
Sep 2023 120833 -0.0307 -0.6194
Oct 2023 120000 -0.0069 -0.6129
Nov 2023 121200 0.01 -0.5892
Dec 2023 124900 0.0305 -0.4127
Jan 2024 119900 -0.04 -0.4821
Feb 2024 157950 0.3173 -0.307
Mar 2024 99000 -0.3732 -0.5579
Apr 2024 164950 0.6662 -0.2488
May 2024 88900 -0.461 -0.3161
Jun 2024 120600 0.3566 0.169
Jul 2024 77500 -0.3574 -0.3404
Aug 2024 119450 0.5413 -0.0418
Sep 2024 104900 -0.1218 -0.1319
Oct 2024 156500 0.4919 0.3042
Nov 2024 154833 -0.0106 0.2775
Dec 2024 133500 -0.1378 0.0689
Jan 2025 134750 0.0094 0.1239
Feb 2025 223250 0.6568 0.4134
Mar 2025 256113 0.1472 1.587
Apr 2025 202300 -0.2101 0.2264
May 2025 183592 -0.0925 1.0651
Jun 2025 196700 0.0714 0.631
Jul 2025 288945 0.469 2.7283
Aug 2025 275250 -0.0474 1.3043
Sep 2025 275700 0.0016 1.6282
Oct 2025 206640 -0.2505 0.3204
Nov 2025 274951 0.3306 0.7758
Dec 2025 354200 0.2882 1.6532
Jan 2026 284286 -0.1974 1.1097
Feb 2026 255011 -0.103 0.1423
Mar 2026 285487 0.1195 0.1147