Zip Code: 88124 (Melrose, 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 88124 Zip Code in February 2026 was $131. The month over month percentage change (MoM) was 0.1245%, and the year over year percentage change (YoY) was 0.4212%.

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 88124 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: 88124 - Trend of Median House Listing Price Per Square Feet ($)
Zip Code: 88124 Trend of Median House Listing Price Per Square Feet
Items per page:
1 – 10 of 115
Month Price ($) MoM Perc. Change (%) YoY Perc. Change (%)
Aug 2016 54
Sep 2016 58
Oct 2016 60
Nov 2016 60
Dec 2016 73
Jan 2017 64
Feb 2017 64
Mar 2017 90
Apr 2017 99
May 2017 99
Jun 2017 99
Jul 2017 73
Aug 2017 64 -0.1167 0.1982
Sep 2017 69 0.0737 0.2026
Oct 2017 69 0.0 0.1563
Nov 2017 74 0.0686 0.2357
Dec 2017 74 0.0 0.0135
Jan 2018 74 0.0 0.1474
Feb 2018 80 0.0759 0.2345
Mar 2018 85 0.0647 -0.0587
Apr 2018 85 0.0 -0.1401
May 2018 97 0.1413 -0.0185
Jun 2018 37 -0.615 -0.6222
Aug 2018 6 -0.9143
Sep 2018 41 6.3811 -0.4111
Oct 2018 41 0.0 -0.4111
Nov 2018 39 -0.0385 -0.4701
Dec 2018 37 -0.0486 -0.4959
Jan 2019 33 -0.1242 -0.5585
Feb 2019 33 0.0 -0.5896
Mar 2019 25 -0.2225 -0.7003
Apr 2019 51 1.0171 -0.3955
May 2019 86 0.6723 -0.1142
Jun 2019 64 -0.2479 0.7305
Jul 2019 43 -0.3314
Aug 2019 41 -0.0389 6.4961
Sep 2019 39 -0.0503 -0.0355
Oct 2019 39 -0.0155 -0.0504
Nov 2019 36 -0.0768 -0.0882
Dec 2019 55 0.5416 0.4773
Jan 2020 68 0.2432 1.097
Feb 2020 58 -0.1463 0.7901
Mar 2020 58 0.0 1.3023
Apr 2020 35 -0.3981 -0.3131
May 2020 38 0.066 -0.5621
Jun 2020 38 0.0 -0.4178
Jul 2020 55 0.4718 0.2817
Aug 2020 75 0.3546 0.8065
Sep 2020 81 0.0832 1.0602
Oct 2020 68 -0.1644 0.7485
Nov 2020 78 0.1547 1.187
Dec 2020 78 0.0 0.4187
Jan 2021 84 0.0702 0.2212
Feb 2021 90 0.0797 0.5445
Mar 2021 83 -0.0818 0.4181
Apr 2021 85 0.0223 1.4088
May 2021 90 0.0654 1.4074
Jun 2021 81 -0.1022 1.1614
Jul 2021 83 0.0193 0.4968
Aug 2021 83 0.0 0.105
Sep 2021 72 -0.1308 -0.1133
Oct 2021 74 0.0288 0.0917
Nov 2021 65 -0.118 -0.1661
Dec 2021 70 0.0756 -0.1031
Jan 2022 63 -0.0968 -0.2431
Feb 2022 36 -0.4293 -0.5999
Mar 2022 33 -0.0941 -0.6052
Apr 2022 17 -0.4671 -0.7942
May 2022 2 -0.8766 -0.9762
Jun 2022 77 34.5587 -0.0558
Jul 2022 77 0.0 -0.0736
Aug 2022 174 1.277 1.1094
Sep 2022 170 -0.0231 1.3709
Oct 2022 166 -0.0236 1.2501
Nov 2022 158 -0.0484 1.4277
Dec 2022 93 -0.409 0.334
Jan 2023 124 0.3291 0.9631
Feb 2023 112 -0.0972 2.1055
Mar 2023 110 -0.0192 2.3624
Apr 2023 108 -0.0217 5.1731
May 2023 89 -0.1734 40.3416
Jun 2023 79 -0.1116 0.0329
Jul 2023 87 0.1022 0.1384
Aug 2023 87 -0.0045 -0.5023
Sep 2023 84 -0.0362 -0.509
Oct 2023 82 -0.0235 -0.5089
Nov 2023 108 0.3204 -0.3186
Dec 2023 126 0.1729 0.3523
Jan 2024 121 -0.04 -0.0233
Feb 2024 104 -0.1413 -0.071
Mar 2024 100 -0.0385 -0.0893
Apr 2024 111 0.1079 0.0314
May 2024 90 -0.1895 0.0113
Jun 2024 94 0.0458 0.1904
Jul 2024 78 -0.1664 -0.0997
Aug 2024 83 0.0575 -0.0436
Sep 2024 73 -0.1218 -0.1286
Oct 2024 96 0.3147 0.1732
Nov 2024 87 -0.0926 -0.1937
Dec 2024 83 -0.0476 -0.3453
Jan 2025 82 -0.0095 -0.3244
Feb 2025 100 0.2256 -0.0358
Mar 2025 92 -0.0859 -0.0834
Apr 2025 90 -0.0209 -0.19
May 2025 81 -0.0975 -0.098
Jun 2025 84 0.0342 -0.108
Jul 2025 80 -0.046 0.0208
Aug 2025 72 -0.0969 -0.1282
Sep 2025 72 0.0 -0.0073
Oct 2025 88 0.2214 -0.0778
Nov 2025 113 0.2744 0.2952
Dec 2025 143 0.2677 0.724
Jan 2026 128 -0.1003 0.5658
Feb 2026 116 -0.0958 0.1552
Mar 2026 131 0.1245 0.4212