Picacho Hills (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 Picacho Hills (Neighborhood), Las Cruces, NM in February 2026 was $462,899.505. The month over month percentage change (MoM) was -0.12%, and the year over year percentage change (YoY) was -0.60%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for Picacho Hills (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 Picacho Hills (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.
Picacho Hills (Neighborhood), Las Cruces, NM - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Picacho Hills (Neighborhood), Las Cruces, NM - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 311855.1946040368 -0.03 0.22
Feb 2015 311670.2873416863 -0.06 0.61
Mar 2015 311882.98516749527 0.07 0.86
Apr 2015 312593.61436841526 0.23 0.94
May 2015 314143.5272444172 0.50 0.76
Jun 2015 314523.28848689183 0.12 0.47
Jul 2015 314986.6765162795 0.15 0.47
Aug 2015 315593.89124017576 0.19 0.97
Sep 2015 316379.69731273036 0.25 1.48
Oct 2015 317246.36739584827 0.27 1.84
Nov 2015 316687.5592057749 -0.18 1.69
Dec 2015 316211.068771509 -0.15 1.37
Jan 2016 315895.913315116 -0.10 1.30
Feb 2016 315447.07799869735 -0.14 1.21
Mar 2016 314549.8881772342 -0.28 0.86
Apr 2016 312820.3392329262 -0.55 0.07
May 2016 312058.3177125841 -0.24 -0.66
Jun 2016 311559.8247731959 -0.16 -0.94
Jul 2016 310796.9673493157 -0.24 -1.33
Aug 2016 308970.88624285656 -0.59 -2.10
Sep 2016 306183.8347728708 -0.90 -3.22
Oct 2016 304452.40476724826 -0.56 -4.03
Nov 2016 302720.1584644531 -0.57 -4.41
Dec 2016 301319.5824219319 -0.46 -4.71
Jan 2017 299459.67723569676 -0.62 -5.20
Feb 2017 297914.4273218101 -0.52 -5.56
Mar 2017 297053.7005122428 -0.29 -5.56
Apr 2017 298034.4937776392 0.33 -4.73
May 2017 301387.40940858395 1.13 -3.42
Jun 2017 305837.36204274744 1.48 -1.84
Jul 2017 309229.68749691197 1.11 -0.50
Aug 2017 310882.3575850976 0.53 0.62
Sep 2017 311481.8239048188 0.19 1.73
Oct 2017 311879.1124196863 0.13 2.44
Nov 2017 312185.2196310337 0.10 3.13
Dec 2017 312492.32264005067 0.10 3.71
Jan 2018 311819.9609243692 -0.21 4.13
Feb 2018 311082.54573745304 -0.24 4.42
Mar 2018 310664.8447102818 -0.13 4.58
Apr 2018 311843.08751740627 0.38 4.63
May 2018 313468.2259828171 0.52 4.01
Jun 2018 315062.75082794024 0.51 3.02
Jul 2018 316938.09299645346 0.60 2.49
Aug 2018 319328.8990096685 0.75 2.72
Sep 2018 322539.9936217984 1.01 3.55
Oct 2018 325604.9219523433 0.95 4.40
Nov 2018 328205.1119854289 0.80 5.13
Dec 2018 330553.09854355355 0.72 5.78
Jan 2019 330724.1774661289 0.05 6.06
Feb 2019 328716.5386617227 -0.61 5.67
Mar 2019 324874.25531511864 -1.17 4.57
Apr 2019 322147.1015687299 -0.84 3.30
May 2019 321449.9253223531 -0.22 2.55
Jun 2019 322383.98489947297 0.29 2.32
Jul 2019 323494.0862715797 0.34 2.07
Aug 2019 324259.01951983845 0.24 1.54
Sep 2019 324566.87679077085 0.10 0.63
Oct 2019 325290.8706015136 0.22 -0.10
Nov 2019 327233.68926754553 0.60 -0.30
Dec 2019 330309.6338163402 0.94 -0.07
Jan 2020 333633.44819974655 1.01 0.88
Feb 2020 335759.99451558624 0.64 2.14
Mar 2020 336625.3969412618 0.26 3.62
Apr 2020 336292.1552702887 -0.10 4.39
May 2020 335977.3306978892 -0.09 4.52
Jun 2020 336005.1798855299 0.01 4.22
Jul 2020 337936.6055415315 0.57 4.47
Aug 2020 340922.6701530915 0.88 5.14
Sep 2020 344806.6651076229 1.14 6.24
Oct 2020 348644.30747322965 1.11 7.18
Nov 2020 353139.078410306 1.29 7.92
Dec 2020 357619.6089025529 1.27 8.27
Jan 2021 362168.50682291784 1.27 8.55
Feb 2021 366639.41162005 1.23 9.20
Mar 2021 370716.8444989204 1.11 10.13
Apr 2021 375182.7897239155 1.21 11.57
May 2021 379121.13265906204 1.05 12.84
Jun 2021 383746.27260717936 1.22 14.21
Jul 2021 388830.0846838237 1.33 15.06
Aug 2021 394385.5761569462 1.43 15.68
Sep 2021 399813.4624341372 1.38 15.95
Oct 2021 403985.3515338826 1.04 15.87
Nov 2021 408987.7814722164 1.24 15.82
Dec 2021 413975.5256907863 1.22 15.76
Jan 2022 419095.38552855677 1.24 15.72
Feb 2022 423561.8061701273 1.07 15.53
Mar 2022 429142.1581951954 1.32 15.76
Apr 2022 435460.6416252011 1.47 16.07
May 2022 440397.82314717147 1.13 16.16
Jun 2022 444368.0951977577 0.90 15.80
Jul 2022 446240.8433670054 0.42 14.77
Aug 2022 447391.0080266151 0.26 13.44
Sep 2022 447072.03960485786 -0.07 11.82
Oct 2022 447647.82182281883 0.13 10.81
Nov 2022 448850.71004410245 0.27 9.75
Dec 2022 450176.0840857218 0.30 8.74
Jan 2023 451952.3570169518 0.40 7.84
Feb 2023 454586.1990011249 0.58 7.33
Mar 2023 458007.53124999517 0.75 6.73
Apr 2023 461229.3320973025 0.70 5.92
May 2023 464199.05068758986 0.64 5.40
Jun 2023 467418.1727324519 0.69 5.19
Jul 2023 468790.0671282702 0.29 5.05
Aug 2023 468567.06213645096 -0.05 4.73
Sep 2023 466437.46838666574 -0.45 4.33
Oct 2023 464428.8425723676 -0.43 3.75
Nov 2023 462403.91062325775 -0.44 3.02
Dec 2023 460119.1242825422 -0.49 2.21
Jan 2024 458412.33185763774 -0.37 1.43
Feb 2024 458042.0217106368 -0.08 0.76
Mar 2024 459713.9184974788 0.37 0.37
Apr 2024 462072.6112487873 0.51 0.18
May 2024 463973.1257619099 0.41 -0.05
Jun 2024 464218.90659137425 0.05 -0.68
Jul 2024 463559.98960614385 -0.14 -1.12
Aug 2024 463551.1592045545 0.00 -1.07
Sep 2024 464655.51704516663 0.24 -0.38
Oct 2024 466509.4753627565 0.40 0.45
Nov 2024 467568.1800128948 0.23 1.12
Dec 2024 467415.8549323953 -0.03 1.59
Jan 2025 466821.90856541396 -0.13 1.84
Feb 2025 465697.7705247693 -0.24 1.67
Mar 2025 464865.63908421155 -0.18 1.12
Apr 2025 464425.6775738152 -0.09 0.51
May 2025 464388.1130140256 -0.01 0.09
Jun 2025 464631.0445721314 0.05 0.09
Jul 2025 465011.41395917983 0.08 0.31
Aug 2025 465438.6337915415 0.09 0.41
Sep 2025 465886.34060555877 0.10 0.27
Oct 2025 466234.1874340515 0.08 -0.06
Nov 2025 465631.71070006513 -0.13 -0.41
Dec 2025 464652.4132550656 -0.21 -0.59
Jan 2026 463450.86231954885 -0.26 -0.72
Feb 2026 462899.5052610994 -0.12 -0.60