Zip Code: 87505 (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 87505 Zip Code (Santa Fe, New Mexico) in February 2026 was $553,344.595. The month over month percentage change (MoM) was -0.05%, and the year over year percentage change (YoY) was -0.76%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 87505 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 87505 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: 87505 (Santa Fe, New Mexico) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 87505 (Santa Fe, New Mexico) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 280787.08080676064 -0.41 4.69
Feb 2015 279869.25099852186 -0.33 3.47
Mar 2015 280040.4756939526 0.06 2.76
Apr 2015 281373.0350244944 0.48 2.48
May 2015 283361.22702228493 0.71 2.11
Jun 2015 285206.076349603 0.65 1.77
Jul 2015 287007.5340155451 0.63 1.59
Aug 2015 288756.7889030227 0.61 2.14
Sep 2015 290873.609946398 0.73 2.99
Oct 2015 293573.5042794873 0.93 4.06
Nov 2015 295828.50843720505 0.77 4.85
Dec 2015 295652.7536511026 -0.06 4.86
Jan 2016 294015.9777579306 -0.55 4.71
Feb 2016 292171.3604890836 -0.63 4.40
Mar 2016 291358.735668723 -0.28 4.04
Apr 2016 291618.7623270217 0.09 3.64
May 2016 292432.8328935827 0.28 3.20
Jun 2016 294064.326658417 0.56 3.11
Jul 2016 294816.21270323516 0.26 2.72
Aug 2016 294522.1814056049 -0.10 2.00
Sep 2016 294100.1752299299 -0.14 1.11
Oct 2016 294655.6593544096 0.19 0.37
Nov 2016 295482.99550344696 0.28 -0.12
Dec 2016 295693.7429140685 0.07 0.01
Jan 2017 296298.1808660068 0.20 0.78
Feb 2017 299480.61357602733 1.07 2.50
Mar 2017 304524.5115075859 1.68 4.52
Apr 2017 310112.1632223372 1.84 6.34
May 2017 314540.1097225539 1.43 7.56
Jun 2017 318578.21838855976 1.28 8.34
Jul 2017 322210.2284289289 1.14 9.29
Aug 2017 325428.8609732522 1.00 10.49
Sep 2017 328008.7444373457 0.79 11.53
Oct 2017 329802.48394038365 0.55 11.93
Nov 2017 331241.0548026624 0.44 12.10
Dec 2017 333010.0056422315 0.53 12.62
Jan 2018 334841.51251897943 0.55 13.01
Feb 2018 336093.1555895161 0.37 12.23
Mar 2018 334139.62795388576 -0.58 9.73
Apr 2018 330561.08296608116 -1.07 6.59
May 2018 326728.34457066725 -1.16 3.88
Jun 2018 325360.6101334476 -0.42 2.13
Jul 2018 326616.06801859016 0.39 1.37
Aug 2018 329441.20430719905 0.87 1.23
Sep 2018 333046.80232588015 1.09 1.54
Oct 2018 336174.56534371275 0.94 1.93
Nov 2018 340295.48098641075 1.23 2.73
Dec 2018 345286.5025095322 1.47 3.69
Jan 2019 351396.2854330993 1.77 4.94
Feb 2019 356388.5973599677 1.42 6.04
Mar 2019 361208.4682096716 1.35 8.10
Apr 2019 365158.980891071 1.09 10.47
May 2019 368812.68064929947 1.00 12.88
Jun 2019 371799.2030807731 0.81 14.27
Jul 2019 374763.5373686398 0.80 14.74
Aug 2019 377742.7119463777 0.80 14.66
Sep 2019 379870.55041170324 0.56 14.06
Oct 2019 381336.7786800219 0.39 13.43
Nov 2019 383150.6519317808 0.48 12.59
Dec 2019 385877.4056737525 0.71 11.76
Jan 2020 389455.71093728143 0.93 10.83
Feb 2020 392391.18847673124 0.75 10.10
Mar 2020 395496.19804377743 0.79 9.49
Apr 2020 398011.0694368305 0.64 9.00
May 2020 400282.2907777577 0.57 8.53
Jun 2020 402377.1923210405 0.52 8.22
Jul 2020 405314.0495254569 0.73 8.15
Aug 2020 409467.09849442984 1.02 8.40
Sep 2020 414446.91432188515 1.22 9.10
Oct 2020 420103.6190938861 1.37 10.17
Nov 2020 426494.10530446534 1.52 11.31
Dec 2020 433621.7134856887 1.67 12.37
Jan 2021 440101.73802069435 1.49 13.00
Feb 2021 446959.45541072806 1.56 13.91
Mar 2021 453735.3248870647 1.52 14.73
Apr 2021 461373.00269930135 1.68 15.92
May 2021 468341.0189660044 1.51 17.00
Jun 2021 472980.89147887705 0.99 17.55
Jul 2021 476051.18721272313 0.65 17.45
Aug 2021 478212.8597972175 0.45 16.79
Sep 2021 481871.4570029956 0.77 16.27
Oct 2021 486485.38144924067 0.96 15.80
Nov 2021 491898.7954756953 1.11 15.34
Dec 2021 496577.61382357567 0.95 14.52
Jan 2022 501623.86801067035 1.02 13.98
Feb 2022 507660.7769929467 1.20 13.58
Mar 2022 516771.89928124077 1.80 13.89
Apr 2022 526021.2010207311 1.79 14.01
May 2022 535025.6603206097 1.71 14.24
Jun 2022 541301.3776262269 1.17 14.45
Jul 2022 544591.5808380464 0.61 14.40
Aug 2022 543031.5560728217 -0.29 13.55
Sep 2022 538399.7712202399 -0.85 11.73
Oct 2022 534475.7109694862 -0.73 9.87
Nov 2022 531859.2909807027 -0.49 8.12
Dec 2022 531228.6287726242 -0.12 6.98
Jan 2023 530425.8257953286 -0.15 5.74
Feb 2023 530719.2080696444 0.06 4.54
Mar 2023 530996.755165483 0.05 2.75
Apr 2023 533218.5434160978 0.42 1.37
May 2023 536929.1263812768 0.70 0.36
Jun 2023 542272.8676215176 1.00 0.18
Jul 2023 546070.6585098383 0.70 0.27
Aug 2023 548495.1879397811 0.44 1.01
Sep 2023 548870.6483283491 0.07 1.95
Oct 2023 549389.6273754406 0.10 2.79
Nov 2023 549575.6751075765 0.03 3.33
Dec 2023 549518.6115841665 -0.01 3.44
Jan 2024 548565.82324445 -0.17 3.42
Feb 2024 547756.8730586019 -0.15 3.21
Mar 2024 549551.7518997687 0.33 3.49
Apr 2024 553770.356294297 0.77 3.85
May 2024 558274.330994587 0.81 3.98
Jun 2024 559898.8942392843 0.29 3.25
Jul 2024 559250.8014349208 -0.12 2.41
Aug 2024 557939.148059162 -0.23 1.72
Sep 2024 557557.9192777076 -0.07 1.58
Oct 2024 557746.0928970343 0.03 1.52
Nov 2024 558001.3671948233 0.05 1.53
Dec 2024 558371.620058657 0.07 1.61
Jan 2025 558086.8814862388 -0.05 1.74
Feb 2025 557596.053344637 -0.09 1.80
Mar 2025 556040.8738161316 -0.28 1.18
Apr 2025 554799.7233742228 -0.22 0.19
May 2025 554004.0866482005 -0.14 -0.76
Jun 2025 553701.5707752872 -0.05 -1.11
Jul 2025 553557.2014347686 -0.03 -1.02
Aug 2025 553213.0623195362 -0.06 -0.85
Sep 2025 552967.9455783538 -0.04 -0.82
Oct 2025 553246.9370985216 0.05 -0.81
Nov 2025 553456.2176651843 0.04 -0.81
Dec 2025 553830.1240543886 0.07 -0.81
Jan 2026 553631.0108550602 -0.04 -0.80
Feb 2026 553344.5950492191 -0.05 -0.76