Zip Code: 87401 (Farmington, 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 87401 Zip Code (Farmington, New Mexico) in February 2026 was $261,481.635. The month over month percentage change (MoM) was 0.69%, and the year over year percentage change (YoY) was 2.27%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 87401 zip code (Farmington, New Mexico). The table below shows the trend of the smoothed and seasonally adjusted ZHVI, and the MoM and YoY percentage changes for the 87401 zip code (Farmington, 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: 87401 (Farmington, New Mexico) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 87401 (Farmington, New Mexico) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 171549.963253974 0.48 7.54
Feb 2015 171555.8032533765 0.00 7.58
Mar 2015 170738.88453919592 -0.48 7.43
Apr 2015 170159.88771799582 -0.34 7.23
May 2015 169238.23346608193 -0.54 6.06
Jun 2015 168668.8032032192 -0.34 4.79
Jul 2015 169039.61490591656 0.22 4.06
Aug 2015 170022.35137465017 0.58 4.09
Sep 2015 170925.19568345905 0.53 4.14
Oct 2015 171143.02993354198 0.13 3.22
Nov 2015 170651.72442209875 -0.29 1.44
Dec 2015 169455.2716452145 -0.70 -0.74
Jan 2016 168076.58767231207 -0.81 -2.02
Feb 2016 166900.70327328626 -0.70 -2.71
Mar 2016 166249.69316589154 -0.39 -2.63
Apr 2016 166217.84742096355 -0.02 -2.32
May 2016 166832.94893145238 0.37 -1.42
Jun 2016 168125.90651721915 0.78 -0.32
Jul 2016 168782.57513965582 0.39 -0.15
Aug 2016 168803.72784229403 0.01 -0.72
Sep 2016 168127.03006961825 -0.40 -1.64
Oct 2016 168164.64380841746 0.02 -1.74
Nov 2016 168589.48899259735 0.25 -1.21
Dec 2016 168824.401672586 0.14 -0.37
Jan 2017 168914.81689778934 0.05 0.50
Feb 2017 169387.34721067807 0.28 1.49
Mar 2017 170618.53100424146 0.73 2.63
Apr 2017 171577.91201768207 0.56 3.23
May 2017 172306.32904741712 0.43 3.28
Jun 2017 172653.2773678965 0.20 2.69
Jul 2017 173355.13006342176 0.41 2.71
Aug 2017 173469.70015916065 0.07 2.76
Sep 2017 173137.00939649192 -0.19 2.98
Oct 2017 172220.8651169303 -0.53 2.41
Nov 2017 171584.671905125 -0.37 1.78
Dec 2017 171384.99640193704 -0.12 1.52
Jan 2018 171503.65987907822 0.07 1.53
Feb 2018 172004.48441688754 0.29 1.55
Mar 2018 172915.39788372896 0.53 1.35
Apr 2018 173231.33889014673 0.18 0.96
May 2018 173160.5396869755 -0.04 0.50
Jun 2018 172462.903235522 -0.40 -0.11
Jul 2018 172380.96061642424 -0.05 -0.56
Aug 2018 172612.5298266481 0.13 -0.49
Sep 2018 173639.96353823468 0.60 0.29
Oct 2018 174023.46457662396 0.22 1.05
Nov 2018 174285.07242629677 0.15 1.57
Dec 2018 173728.21975865122 -0.32 1.37
Jan 2019 174055.21255816575 0.19 1.49
Feb 2019 174702.02490248284 0.37 1.57
Mar 2019 176169.4379834189 0.84 1.88
Apr 2019 177250.0941756853 0.61 2.32
May 2019 177955.9548318677 0.40 2.77
Jun 2019 178274.72041526364 0.18 3.37
Jul 2019 178798.28915091502 0.29 3.72
Aug 2019 179251.0699037815 0.25 3.85
Sep 2019 179632.06517532645 0.21 3.45
Oct 2019 180040.72924329675 0.23 3.46
Nov 2019 180708.30889360557 0.37 3.69
Dec 2019 181868.70983084175 0.64 4.69
Jan 2020 182535.76211814463 0.37 4.87
Feb 2020 182758.8414057267 0.12 4.61
Mar 2020 182312.08380989032 -0.24 3.49
Apr 2020 182083.79846794717 -0.12 2.73
May 2020 181969.65054586247 -0.06 2.26
Jun 2020 181719.32061521724 -0.14 1.93
Jul 2020 182174.01010495494 0.25 1.89
Aug 2020 183280.95337706586 0.61 2.25
Sep 2020 185184.71498234183 1.04 3.09
Oct 2020 185904.60679481877 0.39 3.26
Nov 2020 186256.25109598925 0.19 3.07
Dec 2020 186245.4123460319 -0.01 2.41
Jan 2021 186735.86690923385 0.26 2.30
Feb 2021 187501.19570913815 0.41 2.60
Mar 2021 188282.07950309617 0.42 3.28
Apr 2021 189315.49128740953 0.55 3.97
May 2021 189982.00581466162 0.35 4.40
Jun 2021 190674.9137496137 0.37 4.93
Jul 2021 191461.3881342646 0.41 5.10
Aug 2021 192414.54952187787 0.50 4.98
Sep 2021 193999.74002376944 0.82 4.76
Oct 2021 195990.90848308185 1.03 5.43
Nov 2021 198120.49092450287 1.09 6.37
Dec 2021 199744.25711622008 0.82 7.25
Jan 2022 201301.50488171176 0.78 7.80
Feb 2022 203090.13468778972 0.89 8.31
Mar 2022 205548.63793473525 1.21 9.17
Apr 2022 208159.07298548453 1.27 9.95
May 2022 210569.25145830167 1.16 10.84
Jun 2022 213172.77231592053 1.24 11.80
Jul 2022 215644.38505059612 1.16 12.63
Aug 2022 217350.9110662547 0.79 12.96
Sep 2022 218208.48510039048 0.40 12.48
Oct 2022 218825.70654029542 0.28 11.65
Nov 2022 219822.60718021102 0.46 10.95
Dec 2022 220773.3913230342 0.43 10.53
Jan 2023 220948.5814526478 0.08 9.76
Feb 2023 221398.27928581426 0.20 9.02
Mar 2023 222072.4432136546 0.31 8.04
Apr 2023 223611.56465833657 0.69 7.42
May 2023 225633.4822401279 0.90 7.15
Jun 2023 227519.726596124 0.84 6.73
Jul 2023 229133.287272737 0.71 6.26
Aug 2023 230117.39014979106 0.43 5.87
Sep 2023 231152.28813391886 0.45 5.93
Oct 2023 232525.73162598847 0.59 6.26
Nov 2023 234126.84438959326 0.69 6.51
Dec 2023 235873.2302635675 0.75 6.84
Jan 2024 237255.67537971257 0.59 7.38
Feb 2024 238560.9660834203 0.55 7.75
Mar 2024 240123.14273643994 0.66 8.13
Apr 2024 241681.3903730806 0.65 8.08
May 2024 242833.62837231974 0.48 7.62
Jun 2024 243258.31593759233 0.18 6.92
Jul 2024 243921.34440654377 0.27 6.45
Aug 2024 245508.90211591407 0.65 6.69
Sep 2024 247512.84261258758 0.82 7.08
Oct 2024 249586.75144754423 0.84 7.34
Nov 2024 251264.0519217313 0.67 7.32
Dec 2024 253425.07912143215 0.86 7.44
Jan 2025 254957.4933553528 0.61 7.46
Feb 2025 255670.34268588736 0.28 7.17
Mar 2025 254847.15841371546 -0.32 6.13
Apr 2025 253811.3999567052 -0.41 5.02
May 2025 252939.5783788809 -0.34 4.16
Jun 2025 252286.815484799 -0.26 3.71
Jul 2025 251603.50574174811 -0.27 3.15
Aug 2025 251094.35898740226 -0.20 2.28
Sep 2025 251595.2613932637 0.20 1.65
Oct 2025 253188.04493263885 0.63 1.44
Nov 2025 255453.78005421092 0.90 1.67
Dec 2025 257607.27913587727 0.84 1.65
Jan 2026 259695.85798887358 0.81 1.86
Feb 2026 261481.63544303222 0.69 2.27