Carlsbad, NM (Metro) - Trend of Zillow Home Value Index (ZHVI) for All Homes (SFR, Condo/Co-op), Raw and Mid-Tier (Zillow)

Updated on March 22, 2026.

According to data from Zillow.com, the Raw and Mid-Tier Zillow home value index (ZHVI) for All Homes (SFR, Condo/Co-op) in the Carlsbad, NM Metro in February 2026 was $241,354.231. The month over month percentage change (MoM) was 1.23%, and the year over year percentage change (YoY) was -0.51%.

The chart below shows the trend of the raw and mid-tier ZHVI for the Carlsbad, NM metro. The table below shows the trend of the raw and mid-tier ZHVI, and the MoM and YoY percentage changes for the Carlsbad, NM metro.

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

Note: Zillow Home Value Index (ZHVI) is a measure of the typical home value and market changes across a given region and housing type. It reflects the typical value for homes in the 35th to 65th percentile range.

Data Source: Zillow.
Carlsbad, NM (Metro) - Trend of Zillow Home Value Index (ZHVI), Raw and Mid-Tier ($)
Carlsbad, NM (Metro) - Trend of Zillow Home Value Index (ZHVI), Raw and Mid-Tier
1 – 10 of 134
Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 196585.0419279618 2.42 4.76
Feb 2015 199759.0951848929 1.62 6.02
Mar 2015 203002.38462003414 1.62 5.84
Apr 2015 205951.94817358474 1.45 7.20
May 2015 205754.0989765237 -0.10 6.41
Jun 2015 204904.55948182446 -0.41 4.60
Jul 2015 200125.70021413048 -2.33 1.25
Aug 2015 198521.7716467371 -0.80 1.24
Sep 2015 196337.5317595504 -1.10 1.88
Oct 2015 197842.8921060721 0.77 4.41
Nov 2015 196231.94182444634 -0.81 3.50
Dec 2015 196997.4759047357 0.39 2.64
Jan 2016 202576.44734453005 2.83 3.05
Feb 2016 205241.20063286877 1.32 2.74
Mar 2016 206253.9323886353 0.49 1.60
Apr 2016 207305.22598743765 0.51 0.66
May 2016 204005.47338674628 -1.59 -0.85
Jun 2016 206768.5094348927 1.35 0.91
Jul 2016 203830.3359397035 -1.42 1.85
Aug 2016 204805.95712476523 0.48 3.17
Sep 2016 205881.83633372732 0.53 4.86
Oct 2016 204909.06138076686 -0.47 3.57
Nov 2016 204750.4150502007 -0.08 4.34
Dec 2016 205715.77694845098 0.47 4.43
Jan 2017 203461.92777491474 -1.10 0.44
Feb 2017 201171.15739349468 -1.13 -1.98
Mar 2017 198752.50993299886 -1.20 -3.64
Apr 2017 197043.3974339123 -0.86 -4.95
May 2017 195435.5000249682 -0.82 -4.20
Jun 2017 196965.94228646957 0.78 -4.74
Jul 2017 198993.6827399634 1.03 -2.37
Aug 2017 197844.02649005895 -0.58 -3.40
Sep 2017 198393.14793126204 0.28 -3.64
Oct 2017 197398.34068275066 -0.50 -3.66
Nov 2017 189042.1886268214 -4.23 -7.67
Dec 2017 182202.48782645634 -3.62 -11.43
Jan 2018 182420.34916808378 0.12 -10.34
Feb 2018 182227.10830969608 -0.11 -9.42
Mar 2018 183301.81100818867 0.59 -7.77
Apr 2018 185049.33867499407 0.95 -6.09
May 2018 186799.83862760465 0.95 -4.42
Jun 2018 189983.0738998844 1.70 -3.54
Jul 2018 194201.36108563238 2.22 -2.41
Aug 2018 196170.47493874395 1.01 -0.85
Sep 2018 198464.3551493334 1.17 0.04
Oct 2018 199208.4141707946 0.38 0.92
Nov 2018 200124.1104297273 0.46 5.86
Dec 2018 200316.5813954563 0.10 9.94
Jan 2019 200864.44012152692 0.27 10.11
Feb 2019 202051.6887329251 0.59 10.88
Mar 2019 203820.47672708746 0.88 11.19
Apr 2019 205866.66478210018 1.00 11.25
May 2019 209863.62043516416 1.94 12.35
Jun 2019 213047.18286683018 1.52 12.14
Jul 2019 215763.91099931256 1.27 11.10
Aug 2019 217424.80721375046 0.77 10.84
Sep 2019 217676.50186323732 0.12 9.68
Oct 2019 218195.86961568208 0.24 9.53
Nov 2019 221113.22886448374 1.34 10.49
Dec 2019 222677.9390050722 0.71 11.16
Jan 2020 223079.61915406195 0.18 11.06
Feb 2020 224306.0941792445 0.55 11.01
Mar 2020 227289.1150545492 1.33 11.51
Apr 2020 230029.81336100254 1.21 11.74
May 2020 231662.94080930832 0.71 10.39
Jun 2020 234436.88078803231 1.20 10.04
Jul 2020 238123.48888601086 1.57 10.36
Aug 2020 238877.86039826658 0.32 9.87
Sep 2020 241689.6426270147 1.18 11.03
Oct 2020 244811.3485616366 1.29 12.20
Nov 2020 246943.03750543683 0.87 11.68
Dec 2020 247976.68457847004 0.42 11.36
Jan 2021 249435.94065159888 0.59 11.82
Feb 2021 251426.4158253612 0.80 12.09
Mar 2021 253936.63993948817 1.00 11.72
Apr 2021 257937.07933798857 1.58 12.13
May 2021 262571.41634541535 1.80 13.34
Jun 2021 264671.1033379333 0.80 12.90
Jul 2021 261026.33603025053 -1.38 9.62
Aug 2021 255614.09921452406 -2.07 7.01
Sep 2021 250982.96952189063 -1.81 3.85
Oct 2021 250651.30021999395 -0.13 2.38
Nov 2021 252703.07257300743 0.82 2.33
Dec 2021 252026.7195985783 -0.27 1.63
Jan 2022 249452.2964427375 -1.02 0.01
Feb 2022 249821.23373279127 0.15 -0.64
Mar 2022 249778.51379238072 -0.02 -1.64
Apr 2022 251087.8672453086 0.52 -2.65
May 2022 253070.99683769804 0.79 -3.62
Jun 2022 255828.76646006553 1.09 -3.34
Jul 2022 257303.82341985207 0.58 -1.43
Aug 2022 252188.96961703428 -1.99 -1.34
Sep 2022 248573.97450195262 -1.43 -0.96
Oct 2022 245929.3620695605 -1.06 -1.88
Nov 2022 241243.5958081186 -1.90 -4.53
Dec 2022 236290.2020108174 -2.05 -6.24
Jan 2023 230448.85004204646 -2.47 -7.62
Feb 2023 226830.5622099388 -1.57 -9.20
Mar 2023 230718.0467028655 1.71 -7.63
Apr 2023 235655.44692389554 2.14 -6.15
May 2023 235859.22593408116 0.09 -6.80
Jun 2023 237635.48493439824 0.75 -7.11
Jul 2023 241169.09821057398 1.49 -6.27
Aug 2023 241473.62807345542 0.13 -4.25
Sep 2023 237960.10771065785 -1.45 -4.27
Oct 2023 235914.67305601246 -0.86 -4.07
Nov 2023 233761.2327567898 -0.91 -3.10
Dec 2023 231149.9789264161 -1.12 -2.17
Jan 2024 229164.91440772256 -0.86 -0.56
Feb 2024 229937.402712994 0.34 1.37
Mar 2024 233408.5145999638 1.51 1.17
Apr 2024 237403.09002268445 1.71 0.74
May 2024 238936.72959869134 0.65 1.31
Jun 2024 240546.68940273972 0.67 1.23
Jul 2024 243061.4712790611 1.05 0.79
Aug 2024 240545.044292555 -1.03 -0.38
Sep 2024 239174.5886889822 -0.57 0.51
Oct 2024 242250.96302611052 1.29 2.69
Nov 2024 243178.99896364214 0.38 4.03
Dec 2024 242806.05832496716 -0.15 5.04
Jan 2025 243555.96253634652 0.31 6.28
Feb 2025 242587.92921255637 -0.40 5.50
Mar 2025 243739.4609041004 0.48 4.43
Apr 2025 242680.91980130138 -0.43 2.22
May 2025 242382.92415161556 -0.12 1.44
Jun 2025 241901.26306223837 -0.20 0.56
Jul 2025 240194.97522515553 -0.70 -1.18
Aug 2025 239041.03299985352 -0.48 -0.62
Sep 2025 235455.47792835673 -1.50 -1.55
Oct 2025 234647.76106212338 -0.34 -3.14
Nov 2025 236042.7374465533 0.59 -2.93
Dec 2025 237938.6377275614 0.80 -2.00
Jan 2026 238415.41335996304 0.20 -2.11
Feb 2026 241354.23050720844 1.23 -0.51