Zip Code: 87501 (Santa Fe, 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 87501 Zip Code (Santa Fe, New Mexico) in February 2026 was $711,173.544. The month over month percentage change (MoM) was -0.10%, and the year over year percentage change (YoY) was -0.54%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 87501 zip code (Santa Fe, New Mexico). The table below shows the trend of the smoothed and seasonally adjusted ZHVI, and the MoM and YoY percentage changes for the 87501 zip code (Santa Fe, 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: 87501 (Santa Fe, New Mexico) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 87501 (Santa Fe, New Mexico) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 385323.88196657045 -0.69 6.62
Feb 2015 382701.8330468636 -0.68 5.49
Mar 2015 381957.46910250286 -0.19 4.53
Apr 2015 382301.7105622318 0.09 3.49
May 2015 383555.05745822476 0.33 2.29
Jun 2015 384264.0927560165 0.19 1.01
Jul 2015 386078.6014873044 0.47 0.50
Aug 2015 387833.77667572204 0.46 0.66
Sep 2015 390439.7786936069 0.67 1.12
Oct 2015 393153.89602387085 0.70 1.50
Nov 2015 395474.62058357935 0.59 1.78
Dec 2015 394881.8945745137 -0.15 1.77
Jan 2016 392540.38796241296 -0.59 1.87
Feb 2016 389774.67582610465 -0.70 1.85
Mar 2016 387825.6385662556 -0.50 1.54
Apr 2016 387440.4145522535 -0.10 1.34
May 2016 388136.07839207957 0.18 1.19
Jun 2016 390446.02670374466 0.60 1.61
Jul 2016 391618.3311122205 0.30 1.44
Aug 2016 391228.07459736586 -0.10 0.88
Sep 2016 390596.20644400857 -0.16 0.04
Oct 2016 390792.9316753163 0.05 -0.60
Nov 2016 391622.7977136867 0.21 -0.97
Dec 2016 391815.7876422338 0.05 -0.78
Jan 2017 392963.84140037297 0.29 0.11
Feb 2017 397424.4829732333 1.14 1.96
Mar 2017 404445.61745588644 1.77 4.29
Apr 2017 412047.87076022156 1.88 6.35
May 2017 418253.8888469537 1.51 7.76
Jun 2017 423575.61244691606 1.27 8.49
Jul 2017 428576.6614834373 1.18 9.44
Aug 2017 432649.3721939403 0.95 10.59
Sep 2017 435561.62190841604 0.67 11.51
Oct 2017 436999.3852576883 0.33 11.82
Nov 2017 438793.6535330264 0.41 12.05
Dec 2017 441766.1184076064 0.68 12.75
Jan 2018 445624.59427917586 0.87 13.40
Feb 2018 447973.4587959773 0.53 12.72
Mar 2018 445634.5984347625 -0.52 10.18
Apr 2018 440183.6554910222 -1.22 6.83
May 2018 434160.01118089753 -1.37 3.80
Jun 2018 431250.00189368794 -0.67 1.81
Jul 2018 431538.501647689 0.07 0.69
Aug 2018 433693.7419272343 0.50 0.24
Sep 2018 437533.5534573759 0.89 0.45
Oct 2018 441446.09893220244 0.89 1.02
Nov 2018 446584.3622606523 1.16 1.78
Dec 2018 452444.0499246158 1.31 2.42
Jan 2019 459191.6996306053 1.49 3.05
Feb 2019 463861.28092381684 1.02 3.55
Mar 2019 467916.36422530113 0.87 5.00
Apr 2019 472235.30609650025 0.92 7.28
May 2019 477283.3477875158 1.07 9.93
Jun 2019 482485.05699079396 1.09 11.88
Jul 2019 488337.9669601426 1.21 13.16
Aug 2019 494384.5529246701 1.24 13.99
Sep 2019 498563.6291494377 0.85 13.95
Oct 2019 500846.8159838592 0.46 13.46
Nov 2019 503124.97705130157 0.46 12.66
Dec 2019 506076.0888241843 0.59 11.85
Jan 2020 509625.93594577984 0.70 10.98
Feb 2020 512262.82131727814 0.52 10.43
Mar 2020 515849.96256394574 0.70 10.24
Apr 2020 518170.93449621444 0.45 9.73
May 2020 520609.1519247124 0.47 9.08
Jun 2020 521707.2376654504 0.21 8.13
Jul 2020 523914.6410795334 0.42 7.29
Aug 2020 526858.652714448 0.56 6.57
Sep 2020 531606.7083440023 0.90 6.63
Oct 2020 538563.787123003 1.31 7.53
Nov 2020 547197.3416504784 1.60 8.76
Dec 2020 556912.5884269095 1.78 10.05
Jan 2021 565539.4669246554 1.55 10.97
Feb 2021 574582.4684851356 1.60 12.17
Mar 2021 583232.8289056774 1.51 13.06
Apr 2021 592518.505665198 1.59 14.35
May 2021 601756.017908323 1.56 15.59
Jun 2021 608660.6409878933 1.15 16.67
Jul 2021 614779.3966111912 1.00 17.34
Aug 2021 619316.8341014319 0.74 17.55
Sep 2021 625292.2452436719 0.97 17.62
Oct 2021 633209.4404011676 1.27 17.57
Nov 2021 643492.794161786 1.62 17.60
Dec 2021 653554.0732889689 1.56 17.35
Jan 2022 660697.0246139391 1.09 16.83
Feb 2022 666839.5864599285 0.93 16.06
Mar 2022 676295.3814395777 1.42 15.96
Apr 2022 688218.5381891989 1.76 16.15
May 2022 701357.3849989949 1.91 16.55
Jun 2022 711466.376993556 1.44 16.89
Jul 2022 715997.3212875398 0.64 16.46
Aug 2022 713186.4342754022 -0.39 15.16
Sep 2022 706289.3902132637 -0.97 12.95
Oct 2022 700650.7520495816 -0.80 10.65
Nov 2022 696515.9357838036 -0.59 8.24
Dec 2022 693288.6678232426 -0.46 6.08
Jan 2023 689487.4481361206 -0.55 4.36
Feb 2023 687395.3875470291 -0.30 3.08
Mar 2023 686234.3464232261 -0.17 1.47
Apr 2023 687501.960942401 0.19 -0.10
May 2023 689358.5778682448 0.27 -1.71
Jun 2023 693765.6901488216 0.64 -2.49
Jul 2023 697547.7643124248 0.55 -2.58
Aug 2023 701406.2825672999 0.55 -1.65
Sep 2023 703551.5686678387 0.31 -0.39
Oct 2023 705914.8646009509 0.34 0.75
Nov 2023 708257.8155609198 0.33 1.69
Dec 2023 710162.5641771114 0.27 2.43
Jan 2024 710710.3153967507 0.08 3.08
Feb 2024 709753.886044695 -0.13 3.25
Mar 2024 711211.020900527 0.21 3.64
Apr 2024 715062.4792838646 0.54 4.01
May 2024 719831.5205405672 0.67 4.42
Jun 2024 721038.984476441 0.17 3.93
Jul 2024 720016.0883093948 -0.14 3.22
Aug 2024 719130.040486985 -0.12 2.53
Sep 2024 719259.6009193404 0.02 2.23
Oct 2024 719382.4092686409 0.02 1.91
Nov 2024 717969.2666419592 -0.20 1.37
Dec 2024 716243.4400410693 -0.24 0.86
Jan 2025 714966.308864625 -0.18 0.60
Feb 2025 715048.0846281642 0.01 0.75
Mar 2025 714526.6025457247 -0.07 0.47
Apr 2025 712970.9381301487 -0.22 -0.29
May 2025 711198.7544551749 -0.25 -1.20
Jun 2025 710220.0974892448 -0.14 -1.50
Jul 2025 710592.1865728647 0.05 -1.31
Aug 2025 711046.3416317423 0.06 -1.12
Sep 2025 712472.2853668056 0.20 -0.94
Oct 2025 713858.8763785847 0.20 -0.77
Nov 2025 714435.429968359 0.08 -0.49
Dec 2025 713255.310235245 -0.16 -0.42
Jan 2026 711885.5900456031 -0.19 -0.43
Feb 2026 711173.5440598497 -0.10 -0.54