Zip Code: 87124 (Rio Rancho, 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 the 87124 Zip Code (Rio Rancho, New Mexico) in February 2026 was $344,804.101. The month over month percentage change (MoM) was 0.16%, and the year over year percentage change (YoY) was 0.38%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 87124 zip code (Rio Rancho, New Mexico). The table below shows the trend of the smoothed and seasonally adjusted ZHVI, and the MoM and YoY percentage changes for the 87124 zip code (Rio Rancho, New Mexico).

You can see similar information for other New Mexico zip codes, 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.
Zip Code: 87124 (Rio Rancho, New Mexico) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 87124 (Rio Rancho, New Mexico) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 157145.07764711187 0.06 Infinity
Feb 2015 157234.51686458816 0.06 Infinity
Mar 2015 157535.48056640255 0.19 Infinity
Apr 2015 158326.17869670948 0.50 Infinity
May 2015 159239.5368933409 0.58 1.22
Jun 2015 160015.97888582194 0.49 1.77
Jul 2015 160768.6777506567 0.47 2.25
Aug 2015 161398.13749091793 0.39 2.66
Sep 2015 162093.68652995516 0.43 3.17
Oct 2015 162885.58400299613 0.49 3.87
Nov 2015 163382.98221454624 0.31 4.22
Dec 2015 163920.4838009382 0.33 4.37
Jan 2016 164478.5159662567 0.34 4.67
Feb 2016 165533.73889811223 0.64 5.28
Mar 2016 166377.74983913175 0.51 5.61
Apr 2016 167393.85852115112 0.61 5.73
May 2016 168673.9457365939 0.77 5.93
Jun 2016 169942.45764785574 0.75 6.20
Jul 2016 170713.37935160074 0.45 6.19
Aug 2016 170901.66945483012 0.11 5.89
Sep 2016 170939.51834047298 0.02 5.46
Oct 2016 171233.4185738984 0.17 5.13
Nov 2016 171774.90942288877 0.32 5.14
Dec 2016 172802.2735769473 0.60 5.42
Jan 2017 173760.55731745853 0.56 5.64
Feb 2017 174715.07518577055 0.55 5.55
Mar 2017 175388.45968856956 0.39 5.42
Apr 2017 176160.66984228115 0.44 5.24
May 2017 176901.0063635415 0.42 4.88
Jun 2017 177696.37072687273 0.45 4.56
Jul 2017 178512.00983321122 0.46 4.57
Aug 2017 179045.22189086597 0.30 4.76
Sep 2017 179497.3903807816 0.25 5.01
Oct 2017 180070.92555661092 0.32 5.16
Nov 2017 180843.2051302906 0.43 5.28
Dec 2017 182236.45086761878 0.77 5.46
Jan 2018 183492.94086195572 0.69 5.60
Feb 2018 184789.49904711856 0.71 5.77
Mar 2018 185583.07746610834 0.43 5.81
Apr 2018 186211.24654680738 0.34 5.71
May 2018 187033.48441780425 0.44 5.73
Jun 2018 187861.4955076348 0.44 5.72
Jul 2018 189194.54647849585 0.71 5.98
Aug 2018 190227.14569329654 0.55 6.25
Sep 2018 191190.60160763105 0.51 6.51
Oct 2018 191592.8830082511 0.21 6.40
Nov 2018 192093.81160957585 0.26 6.22
Dec 2018 192595.26597592246 0.26 5.68
Jan 2019 193305.93544344543 0.37 5.35
Feb 2019 193908.38917943885 0.31 4.93
Mar 2019 194868.0789465334 0.50 5.00
Apr 2019 196078.67942528563 0.62 5.30
May 2019 197761.2015785151 0.86 5.74
Jun 2019 199117.06797390102 0.69 5.99
Jul 2019 199918.379106367 0.40 5.67
Aug 2019 200408.03430143176 0.25 5.35
Sep 2019 200794.4753595652 0.19 5.02
Oct 2019 201589.37639125806 0.40 5.22
Nov 2019 202722.45572211125 0.56 5.53
Dec 2019 204455.65710298033 0.86 6.16
Jan 2020 206290.14770616312 0.90 6.72
Feb 2020 208029.44841378453 0.84 7.28
Mar 2020 209995.01764789064 0.95 7.76
Apr 2020 212115.20636520252 1.01 8.18
May 2020 214147.1409651828 0.96 8.29
Jun 2020 216048.5330667337 0.89 8.50
Jul 2020 218290.21330012425 1.04 9.19
Aug 2020 221059.44833458762 1.27 10.31
Sep 2020 224394.44409313766 1.51 11.75
Oct 2020 228145.84978253755 1.67 13.17
Nov 2020 231944.04943665094 1.67 14.42
Dec 2020 235563.59968803835 1.56 15.22
Jan 2021 239125.55549786935 1.51 15.92
Feb 2021 243140.71379154528 1.68 16.88
Mar 2021 247730.4847283589 1.89 17.97
Apr 2021 252427.48136714645 1.90 19.01
May 2021 256782.30711775212 1.73 19.91
Jun 2021 260778.97730843 1.56 20.70
Jul 2021 264136.1681280722 1.29 21.00
Aug 2021 266811.13212006073 1.01 20.70
Sep 2021 268559.47289896884 0.66 19.68
Oct 2021 270305.5332092323 0.65 18.48
Nov 2021 272955.48955810885 0.98 17.68
Dec 2021 276296.0617380064 1.22 17.29
Jan 2022 280987.93562596926 1.70 17.51
Feb 2022 286826.09029766097 2.08 17.97
Mar 2022 293902.29013161204 2.47 18.64
Apr 2022 300816.93953286327 2.35 19.17
May 2022 306416.3143873589 1.86 19.33
Jun 2022 311133.7710704629 1.54 19.31
Jul 2022 314059.5775993446 0.94 18.90
Aug 2022 315136.5358492076 0.34 18.11
Sep 2022 314019.48712084786 -0.35 16.93
Oct 2022 312853.8421308362 -0.37 15.74
Nov 2022 311884.1473044506 -0.31 14.26
Dec 2022 311221.34543134697 -0.21 12.64
Jan 2023 309932.0912823513 -0.41 10.30
Feb 2023 309299.17744953197 -0.20 7.84
Mar 2023 310062.7835858362 0.25 5.50
Apr 2023 312159.2054580658 0.68 3.77
May 2023 314992.69173325953 0.91 2.80
Jun 2023 317641.655805904 0.84 2.09
Jul 2023 320256.4615278654 0.82 1.97
Aug 2023 322496.2319340689 0.70 2.34
Sep 2023 324369.1005814776 0.58 3.30
Oct 2023 325858.33848612936 0.46 4.16
Nov 2023 327464.7180281117 0.49 5.00
Dec 2023 328984.7029095399 0.46 5.71
Jan 2024 330557.59706692875 0.48 6.66
Feb 2024 331687.1232568406 0.34 7.24
Mar 2024 333298.15569334885 0.49 7.49
Apr 2024 334830.07664280065 0.46 7.26
May 2024 336139.28821154626 0.39 6.71
Jun 2024 336317.0583075746 0.05 5.88
Jul 2024 336464.2905434708 0.04 5.06
Aug 2024 337045.10744693206 0.17 4.51
Sep 2024 338309.25742217415 0.38 4.30
Oct 2024 339587.70157468034 0.38 4.21
Nov 2024 340588.9697067328 0.30 4.01
Dec 2024 341451.55903938256 0.25 3.79
Jan 2025 342604.72611413785 0.34 3.64
Feb 2025 343502.60213997035 0.26 3.56
Mar 2025 344011.68002391607 0.15 3.21
Apr 2025 343942.83509662736 -0.02 2.72
May 2025 343988.7369139392 0.01 2.34
Jun 2025 343664.1602893639 -0.09 2.19
Jul 2025 343081.63398941146 -0.17 1.97
Aug 2025 342573.7573562481 -0.15 1.64
Sep 2025 342487.83406580816 -0.02 1.24
Oct 2025 342862.54766193917 0.11 0.96
Nov 2025 343269.77523017646 0.12 0.79
Dec 2025 343784.7374065707 0.15 0.68
Jan 2026 344240.4420925836 0.13 0.48
Feb 2026 344804.1008790286 0.16 0.38