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

According to data from Realtor.com, the median house listing price per square feet for the 87931 Zip Code in February 2026 was $156. The month over month percentage change (MoM) was -0.0877%, and the year over year percentage change (YoY) was -0.1583%.

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

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

Data Source: Realtor.
Zip Code: 87931 - Trend of Median House Listing Price Per Square Feet ($)
Zip Code: 87931 Trend of Median House Listing Price Per Square Feet
Items per page:
1 – 10 of 114
Month Price ($) MoM Perc. Change (%) YoY Perc. Change (%)
Aug 2016 100
Sep 2016 125
Oct 2016 128
Nov 2016 128
Dec 2016 114
Jan 2017 100
Feb 2017 90
Mar 2017 90
Apr 2017 90
May 2017 94
Jun 2017 98
Jul 2017 98
Aug 2017 138 0.4006 0.3778
Sep 2017 171 0.2399 0.3631
Oct 2017 171 0.0 0.3313
Nov 2017 96 -0.4375 -0.2512
Dec 2017 96 0.0 -0.1583
Jan 2018 96 0.0 -0.0391
Feb 2018 96 0.0 0.0615
Mar 2018 96 0.0 0.0615
Apr 2018 145 0.5058 0.5983
May 2018 102 -0.2925 0.0903
Jun 2018 92 -0.1033 -0.0642
Jul 2018 92 0.0 -0.0669
Aug 2018 92 0.0 -0.3338
Sep 2018 93 0.0137 -0.4553
Oct 2018 93 0.0 -0.4553
Nov 2018 104 0.1232 0.0877
Dec 2018 108 0.0366 0.1274
Jan 2019 104 -0.0427 0.0793
Feb 2019 108 0.0446 0.1274
Mar 2019 109 0.0081 0.1366
Apr 2019 109 -0.0035 -0.2478
May 2019 108 -0.0046 0.0583
Jun 2019 108 0.0 0.1802
Jul 2019 107 -0.0147 0.1629
Aug 2019 107 0.0075 0.1716
Sep 2019 108 0.0006 0.1564
Oct 2019 106 -0.0102 0.1446
Nov 2019 106 -0.0069 0.012
Dec 2019 108 0.0242 0.0
Jan 2020 108 0.0 0.0446
Feb 2020 108 0.0 0.0
Mar 2020 108 0.0 -0.0081
Apr 2020 108 0.0 -0.0046
May 2020 108 0.0 0.0
Jun 2020 108 0.0 0.0
Jul 2020 108 0.0 0.0149
Aug 2020 114 0.0551 0.0629
Sep 2020 130 0.1351 0.2058
Oct 2020 130 0.0 0.2182
Nov 2020 109 -0.1628 0.027
Dec 2020 109 0.0 0.0027
Jan 2021 109 0.0 0.0027
Feb 2021 109 0.0 0.0027
Mar 2021 79 -0.2682 -0.2663
Apr 2021 104 0.3113 -0.0378
May 2021 137 0.3111 0.2615
Jun 2021 118 -0.1352 0.0909
Jul 2021 117 -0.012 0.0779
Aug 2021 117 0.0 0.0216
Sep 2021 100 -0.1468 -0.2321
Oct 2021 108 0.0804 -0.1704
Nov 2021 108 0.0 -0.0091
Dec 2021 100 -0.073 -0.0815
Jan 2022 49 -0.5094 -0.5494
Feb 2022 49 0.0 -0.5494
Mar 2022 82 0.6853 0.0377
Apr 2022 156 0.8912 0.4965
May 2022 134 -0.1377 -0.0158
Jun 2022 129 -0.0372 0.0958
Jul 2022 159 0.2306 0.3649
Aug 2022 149 -0.062 0.2803
Sep 2022 174 0.1616 0.7432
Oct 2022 172 -0.0101 0.5971
Nov 2022 172 0.0 0.5971
Dec 2022 172 0.0 0.723
Jan 2023 165 -0.0421 2.3646
Feb 2023 165 0.0 2.3646
Mar 2023 165 0.0 0.9965
Apr 2023 165 0.0 0.0556
May 2023 146 -0.1117 0.0875
Jun 2023 146 0.0 0.1295
Jul 2023 165 0.1257 0.0332
Aug 2023 178 0.0801 0.1897
Sep 2023 179 0.0087 0.0331
Oct 2023 178 -0.0086 0.0346
Nov 2023 178 0.0 0.0346
Dec 2023 178 0.0 0.0346
Jan 2024 191 0.0741 0.1601
Feb 2024 197 0.0328 0.1981
Mar 2024 189 -0.0413 0.1487
Apr 2024 193 0.0198 0.1714
May 2024 198 0.0291 0.3571
Jun 2024 164 -0.1739 0.1211
Jul 2024 198 0.2104 0.2055
Aug 2024 170 -0.1445 -0.0451
Sep 2024 170 0.0 -0.0533
Oct 2024 180 0.059 0.0112
Nov 2024 180 0.0 0.0112
Dec 2024 180 0.0 0.0112
Mar 2025 185 -0.0221
Apr 2025 194 0.0501 0.007
May 2025 194 0.0 -0.0215
Jun 2025 192 -0.0095 0.1731
Jul 2025 181 -0.0578 -0.0869
Aug 2025 192 0.0613 0.1328
Sep 2025 192 0.0 0.1328
Oct 2025 189 -0.0193 0.0491
Nov 2025 195 0.0347 0.0856
Dec 2025 156 -0.2025 -0.1343
Jan 2026 170 0.0961
Feb 2026 170 0.0
Mar 2026 156 -0.0877 -0.1583