Las Esperanzas (Neighborhood), Las Cruces, New Mexico - Trend of Zillow Home Value Index (ZHVI) for All Homes (SFR, Condo/Co-op), Smooth and Seasonally Adjusted (Zillow)

Updated on March 22, 2026.

According to data from Zillow.com, the smoothed and seasonally adjusted Zillow home value index (ZHVI) for All Homes (SFR, Condo/Co-op) in Las Esperanzas (Neighborhood), Las Cruces, NM in February 2026 was $159,393.423. The month over month percentage change (MoM) was -0.82%, and the year over year percentage change (YoY) was -7.45%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for Las Esperanzas (Neighborhood), Las Cruces, NM. The table below shows the trend of the smoothed and seasonally adjusted ZHVI, and the MoM and YoY percentage changes for Las Esperanzas (Neighborhood), Las Cruces, NM.

You can see similar information for other New Mexico neighborhoods, and for New Mexico.

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.
Las Esperanzas (Neighborhood), Las Cruces, NM - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Las Esperanzas (Neighborhood), Las Cruces, NM - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 72814.43382228143 -0.25 -2.76
Feb 2015 72842.5512416836 0.04 -2.68
Mar 2015 72508.06001124792 -0.46 -2.60
Apr 2015 72398.75443056415 -0.15 -2.45
May 2015 72480.54594804427 0.11 -3.12
Jun 2015 73148.7569545725 0.92 -3.61
Jul 2015 74266.9999583637 1.53 -3.30
Aug 2015 74959.29402059165 0.93 -2.16
Sep 2015 75461.77111413456 0.67 -0.26
Oct 2015 75052.54689125325 -0.54 1.17
Nov 2015 74389.63829512121 -0.88 1.42
Dec 2015 73640.40775826892 -1.01 0.89
Jan 2016 73686.7416150974 0.06 1.20
Feb 2016 73822.51396949368 0.18 1.35
Mar 2016 74025.04026848233 0.27 2.09
Apr 2016 73889.83853706888 -0.18 2.06
May 2016 74281.4835177221 0.53 2.49
Jun 2016 75142.78667443957 1.16 2.73
Jul 2016 75920.24224023514 1.03 2.23
Aug 2016 76056.44257158526 0.18 1.46
Sep 2016 75008.34613848316 -1.38 -0.60
Oct 2016 73903.08360204713 -1.47 -1.53
Nov 2016 72766.95116089741 -1.54 -2.18
Dec 2016 72271.1101035186 -0.68 -1.86
Jan 2017 72096.81653060524 -0.24 -2.16
Feb 2017 72152.3201113219 0.08 -2.26
Mar 2017 72133.68208916932 -0.03 -2.56
Apr 2017 72267.20707131094 0.19 -2.20
May 2017 72713.0366135333 0.62 -2.11
Jun 2017 73685.37027487872 1.34 -1.94
Jul 2017 74756.23013616029 1.45 -1.53
Aug 2017 75580.68676125912 1.10 -0.63
Sep 2017 75962.25636750722 0.51 1.27
Oct 2017 75712.74541059016 -0.33 2.45
Nov 2017 75522.4767101243 -0.25 3.79
Dec 2017 75781.52440047554 0.34 4.86
Jan 2018 76670.24729037222 1.17 6.34
Feb 2018 78171.18623658647 1.96 8.34
Mar 2018 78980.11573044787 1.03 9.49
Apr 2018 79360.69164653386 0.48 9.82
May 2018 78707.63909404038 -0.82 8.24
Jun 2018 78151.16432064748 -0.71 6.06
Jul 2018 78060.61806775403 -0.12 4.42
Aug 2018 78753.97714174232 0.89 4.20
Sep 2018 80467.76931116678 2.18 5.93
Oct 2018 82037.72244517332 1.95 8.35
Nov 2018 83687.05028580343 2.01 10.81
Dec 2018 85254.18381503054 1.87 12.50
Jan 2019 85820.6615951465 0.66 11.94
Feb 2019 85638.4797715555 -0.21 9.55
Mar 2019 84929.15681870612 -0.83 7.53
Apr 2019 85101.75506611892 0.20 7.23
May 2019 86085.97747287845 1.16 9.37
Jun 2019 87132.78283593991 1.22 11.49
Jul 2019 88193.16136659535 1.22 12.98
Aug 2019 88806.43950382395 0.70 12.76
Sep 2019 89111.14907702919 0.34 10.74
Oct 2019 89133.73738972149 0.03 8.65
Nov 2019 89182.63255423466 0.06 6.57
Dec 2019 89821.34834146967 0.72 5.36
Jan 2020 90790.60867960441 1.08 5.79
Feb 2020 91844.56662348036 1.16 7.25
Mar 2020 92762.72984871431 1.00 9.22
Apr 2020 93562.02978771315 0.86 9.94
May 2020 94530.06482894292 1.03 9.81
Jun 2020 95355.6789149131 0.87 9.44
Jul 2020 96546.54219499139 1.25 9.47
Aug 2020 97967.44566855102 1.47 10.32
Sep 2020 99844.97588249976 1.92 12.05
Oct 2020 101473.21342567958 1.63 13.84
Nov 2020 102865.55826302164 1.37 15.34
Dec 2020 103877.18778173643 0.98 15.65
Jan 2021 104834.44391604171 0.92 15.47
Feb 2021 105723.20093742559 0.85 15.11
Mar 2021 106818.11033675371 1.04 15.15
Apr 2021 107903.04914677056 1.02 15.33
May 2021 109016.39304844382 1.03 15.33
Jun 2021 110015.50281643942 0.92 15.37
Jul 2021 111504.34087641556 1.35 15.49
Aug 2021 113049.40833953755 1.39 15.40
Sep 2021 114247.7620358095 1.06 14.43
Oct 2021 115388.8816553995 1.00 13.71
Nov 2021 116718.91200771365 1.15 13.47
Dec 2021 118346.80857830173 1.40 13.93
Jan 2022 120240.55158568209 1.60 14.70
Feb 2022 122135.83643251345 1.58 15.52
Mar 2022 124842.29510035517 2.22 16.87
Apr 2022 127139.1804298936 1.84 17.83
May 2022 129233.7059074572 1.65 18.55
Jun 2022 131068.22388484422 1.42 19.14
Jul 2022 132999.05812871913 1.47 19.28
Aug 2022 134646.89818763206 1.24 19.10
Sep 2022 135990.36387098557 1.00 19.03
Oct 2022 136931.202965057 0.69 18.67
Nov 2022 138294.87710537887 1.00 18.49
Dec 2022 140124.54237531289 1.32 18.40
Jan 2023 142267.400235197 1.53 18.32
Feb 2023 144445.66546895326 1.53 18.27
Mar 2023 146479.30051392096 1.41 17.33
Apr 2023 148895.95558841122 1.65 17.11
May 2023 151876.97319847273 2.00 17.52
Jun 2023 154570.2635982269 1.77 17.93
Jul 2023 156358.6293222085 1.16 17.56
Aug 2023 157288.78652443585 0.60 16.82
Sep 2023 157757.42038281387 0.30 16.01
Oct 2023 158708.06296340947 0.60 15.90
Nov 2023 159723.57301850824 0.64 15.50
Dec 2023 159800.74016495596 0.05 14.04
Jan 2024 158925.3583890948 -0.55 11.71
Feb 2024 158060.84668520626 -0.54 9.43
Mar 2024 159012.4587504376 0.60 8.56
Apr 2024 161305.01021995684 1.44 8.33
May 2024 163757.26997808318 1.52 7.82
Jun 2024 164931.14396237434 0.72 6.70
Jul 2024 165101.42527333737 0.10 5.59
Aug 2024 164956.76062650004 -0.09 4.88
Sep 2024 165118.22210656482 0.10 4.67
Oct 2024 166061.3533602973 0.57 4.63
Nov 2024 166942.71118237398 0.53 4.52
Dec 2024 168843.762889826 1.14 5.66
Jan 2025 170358.2823291685 0.90 7.19
Feb 2025 172222.44042732622 1.09 8.96
Mar 2025 173393.54856144462 0.68 9.04
Apr 2025 174086.7669213772 0.40 7.92
May 2025 174892.9978611077 0.46 6.80
Jun 2025 174865.19557598335 -0.02 6.02
Jul 2025 174339.32521462455 -0.30 5.60
Aug 2025 172488.33174513126 -1.06 4.57
Sep 2025 170050.07489627064 -1.41 2.99
Oct 2025 167289.65049712517 -1.62 0.74
Nov 2025 164232.5910800912 -1.83 -1.62
Dec 2025 161855.86280142594 -1.45 -4.14
Jan 2026 160709.69906417577 -0.71 -5.66
Feb 2026 159393.4226057967 -0.82 -7.45