Las Cruces, NM (Metro) - Trend of Market Heat Index for All Homes (Zillow)

Updated on March 22, 2026.

According to data from Zillow.com, the Market Heat Index for All Homes in the Las Cruces, NM Metro in February 2026 was 48. The month over month percentage change (MoM) was 2.13%, and the year over year percentage change (YoY) was 2.13%.

The chart below shows the trend of the market heat index for the Las Cruces, NM metro. The table below shows the trend of the market heat index, and the MoM and YoY percentage changes for the Las Cruces, NM metro.

You can see similar information for other US metros, and for the United States.

Note: The Market Heat Index is a time series that captures the balance of for-sale supply and demand in a given market. A higher number means the market is more tilted in favor of sellers. It relies on a combination of engagement and listing performance inputs to provide insights into current market dynamics. It is calculated for single-family and condo homes.

Data Source: Zillow.
Las Cruces, NM (Metro) - Trend of Market Heat Index for All Homes
Las Cruces, NM (Metro) - Trend of Market Heat Index for All Homes
1 – 10 of 98
Month Market Heat Index MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2018 44 NaN NaN
Feb 2018 44 0.00 NaN
Mar 2018 46 4.55 NaN
Apr 2018 47 2.17 NaN
May 2018 48 2.13 NaN
Jun 2018 48 0.00 NaN
Jul 2018 48 0.00 NaN
Aug 2018 48 0.00 NaN
Sep 2018 49 2.08 NaN
Oct 2018 50 2.04 NaN
Nov 2018 49 -2.00 NaN
Dec 2018 49 0.00 NaN
Jan 2019 50 2.04 13.64
Feb 2019 51 2.00 15.91
Mar 2019 51 0.00 10.87
Apr 2019 53 3.92 12.77
May 2019 52 -1.89 8.33
Jun 2019 52 0.00 8.33
Jul 2019 52 0.00 8.33
Aug 2019 54 3.85 12.50
Sep 2019 54 0.00 10.20
Oct 2019 52 -3.70 4.00
Nov 2019 50 -3.85 2.04
Dec 2019 53 6.00 8.16
Jan 2020 57 7.55 14.00
Feb 2020 57 0.00 11.77
Mar 2020 57 0.00 11.77
Apr 2020 60 5.26 13.21
May 2020 63 5.00 21.15
Jun 2020 64 1.59 23.08
Jul 2020 66 3.13 26.92
Aug 2020 67 1.52 24.07
Sep 2020 64 -4.48 18.52
Oct 2020 65 1.56 25.00
Nov 2020 63 -3.08 26.00
Dec 2020 64 1.59 20.76
Jan 2021 67 4.69 17.54
Feb 2021 72 7.46 26.32
Mar 2021 78 8.33 36.84
Apr 2021 78 0.00 30.00
May 2021 74 -5.13 17.46
Jun 2021 71 -4.05 10.94
Jul 2021 71 0.00 7.58
Aug 2021 67 -5.63 0.00
Sep 2021 65 -2.98 1.56
Oct 2021 65 0.00 0.00
Nov 2021 68 4.62 7.94
Dec 2021 70 2.94 9.38
Jan 2022 73 4.29 8.96
Feb 2022 75 2.74 4.17
Mar 2022 77 2.67 -1.28
Apr 2022 76 -1.30 -2.56
May 2022 69 -9.21 -6.76
Jun 2022 64 -7.25 -9.86
Jul 2022 62 -3.12 -12.68
Aug 2022 61 -1.61 -8.95
Sep 2022 58 -4.92 -10.77
Oct 2022 55 -5.17 -15.38
Nov 2022 53 -3.64 -22.06
Dec 2022 53 0.00 -24.29
Jan 2023 57 7.55 -21.92
Feb 2023 59 3.51 -21.33
Mar 2023 60 1.70 -22.08
Apr 2023 59 -1.67 -22.37
May 2023 56 -5.08 -18.84
Jun 2023 56 0.00 -12.50
Jul 2023 57 1.79 -8.06
Aug 2023 55 -3.51 -9.84
Sep 2023 52 -5.45 -10.34
Oct 2023 49 -5.77 -10.91
Nov 2023 49 0.00 -7.55
Dec 2023 48 -2.04 -9.43
Jan 2024 51 6.25 -10.53
Feb 2024 54 5.88 -8.47
Mar 2024 54 0.00 -10.00
Apr 2024 50 -7.41 -15.25
May 2024 48 -4.00 -14.29
Jun 2024 48 0.00 -14.29
Jul 2024 47 -2.08 -17.54
Aug 2024 46 -2.13 -16.36
Sep 2024 45 -2.17 -13.46
Oct 2024 46 2.22 -6.12
Nov 2024 47 2.17 -4.08
Dec 2024 46 -2.13 -4.17
Jan 2025 46 0.00 -9.80
Feb 2025 47 2.17 -12.96
Mar 2025 47 0.00 -12.96
Apr 2025 46 -2.13 -8.00
May 2025 45 -2.17 -6.25
Jun 2025 45 0.00 -6.25
Jul 2025 46 2.22 -2.13
Aug 2025 45 -2.17 -2.17
Sep 2025 44 -2.22 -2.22
Oct 2025 45 2.27 -2.17
Nov 2025 46 2.22 -2.13
Dec 2025 47 2.17 2.17
Jan 2026 47 0.00 2.17
Feb 2026 48 2.13 2.13