Zip Code: 87941 (Garfield, 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 87941 Zip Code (Garfield, New Mexico) in February 2026 was $174,857.604. The month over month percentage change (MoM) was 1.25%, and the year over year percentage change (YoY) was -7.22%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 87941 zip code (Garfield, New Mexico). The table below shows the trend of the smoothed and seasonally adjusted ZHVI, and the MoM and YoY percentage changes for the 87941 zip code (Garfield, 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: 87941 (Garfield, New Mexico) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 87941 (Garfield, New Mexico) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 0 NaN NaN
Feb 2015 0 NaN NaN
Mar 2015 0 NaN NaN
Apr 2015 0 NaN NaN
May 2015 0 NaN NaN
Jun 2015 0 NaN NaN
Jul 2015 0 NaN NaN
Aug 2015 0 NaN NaN
Sep 2015 0 NaN NaN
Oct 2015 0 NaN NaN
Nov 2015 0 NaN NaN
Dec 2015 0 NaN NaN
Jan 2016 0 NaN NaN
Feb 2016 99957.43431756114 Infinity Infinity
Mar 2016 100341.35398281006 0.38 Infinity
Apr 2016 101072.20473913243 0.73 Infinity
May 2016 103361.85913681584 2.27 Infinity
Jun 2016 106205.3457357182 2.75 Infinity
Jul 2016 108275.68776311236 1.95 Infinity
Aug 2016 108789.16335706062 0.47 Infinity
Sep 2016 108496.75142096682 -0.27 Infinity
Oct 2016 108633.20262316104 0.13 Infinity
Nov 2016 108624.06519288057 -0.01 Infinity
Dec 2016 108491.55699526797 -0.12 Infinity
Jan 2017 108680.11977166 0.17 Infinity
Feb 2017 109347.8281617369 0.61 9.39
Mar 2017 110311.43337360617 0.88 9.94
Apr 2017 111160.97316880878 0.77 9.98
May 2017 111287.82905490242 0.11 7.67
Jun 2017 110965.05422187418 -0.29 4.48
Jul 2017 110397.24312664615 -0.51 1.96
Aug 2017 110557.63508317554 0.14 1.63
Sep 2017 110724.2976356666 0.15 2.05
Oct 2017 110493.59408774924 -0.21 1.71
Nov 2017 109595.33341037686 -0.81 0.89
Dec 2017 109237.42953187914 -0.33 0.69
Jan 2018 109245.64762279356 0.01 0.52
Feb 2018 110361.83050245664 1.02 0.93
Mar 2018 111256.785308711 0.81 0.86
Apr 2018 112042.67331414287 0.71 0.79
May 2018 111692.24025134178 -0.31 0.36
Jun 2018 110546.57053303039 -1.03 -0.38
Jul 2018 110031.62597622734 -0.47 -0.33
Aug 2018 110694.84256649739 0.60 0.12
Sep 2018 112903.23811413541 2.00 1.97
Oct 2018 114455.89817577034 1.38 3.59
Nov 2018 116267.2197794139 1.58 6.09
Dec 2018 117599.13747604915 1.15 7.66
Jan 2019 117551.65665573296 -0.04 7.60
Feb 2019 115576.05422675253 -1.68 4.72
Mar 2019 113392.16446446294 -1.89 1.92
Apr 2019 112571.4262581274 -0.72 0.47
May 2019 113136.50487212227 0.50 1.29
Jun 2019 113794.63279999222 0.58 2.94
Jul 2019 114317.96783538484 0.46 3.90
Aug 2019 114711.85026226664 0.35 3.63
Sep 2019 114756.76379664679 0.04 1.64
Oct 2019 115351.89406230643 0.52 0.78
Nov 2019 116201.68080363655 0.74 -0.06
Dec 2019 117531.04236436026 1.14 -0.06
Jan 2020 118519.67166720495 0.84 0.82
Feb 2020 119327.8083029836 0.68 3.25
Mar 2020 120505.61417858729 0.99 6.27
Apr 2020 122201.17688773923 1.41 8.55
May 2020 124170.46271692759 1.61 9.75
Jun 2020 125629.59540465567 1.18 10.40
Jul 2020 127522.70457182829 1.51 11.55
Aug 2020 129623.41964329181 1.65 13.00
Sep 2020 132659.91608103822 2.34 15.60
Oct 2020 135403.79761856215 2.07 17.38
Nov 2020 137902.97887142943 1.85 18.68
Dec 2020 139745.2229219631 1.34 18.90
Jan 2021 141366.72444615487 1.16 19.28
Feb 2021 143040.1684904959 1.18 19.87
Mar 2021 145353.9874956555 1.62 20.62
Apr 2021 147212.78579229364 1.28 20.47
May 2021 148523.4592398129 0.89 19.61
Jun 2021 149006.86090862346 0.33 18.61
Jul 2021 148392.11826943516 -0.41 16.36
Aug 2021 147017.35369125794 -0.93 13.42
Sep 2021 144091.11258980088 -1.99 8.62
Oct 2021 142291.46840929112 -1.25 5.09
Nov 2021 141790.58733998894 -0.35 2.82
Dec 2021 143451.0092967301 1.17 2.65
Jan 2022 146457.57267407994 2.10 3.60
Feb 2022 149483.14641811672 2.07 4.50
Mar 2022 152793.49870526485 2.22 5.12
Apr 2022 155059.94823429454 1.48 5.33
May 2022 157126.2640866693 1.33 5.79
Jun 2022 158314.03200891791 0.76 6.25
Jul 2022 159170.03260557223 0.54 7.26
Aug 2022 159514.14920069705 0.22 8.50
Sep 2022 159288.3323334742 -0.14 10.55
Oct 2022 158867.92556644438 -0.26 11.65
Nov 2022 158679.22692920617 -0.12 11.91
Dec 2022 159024.46354055416 0.22 10.86
Jan 2023 159570.11252388172 0.34 8.95
Feb 2023 161211.4180832001 1.03 7.85
Mar 2023 164272.86959767572 1.90 7.51
Apr 2023 169150.55808673822 2.97 9.09
May 2023 173715.6972782317 2.70 10.56
Jun 2023 177070.94058884645 1.93 11.85
Jul 2023 178419.44909514618 0.76 12.09
Aug 2023 178661.31751194844 0.14 12.00
Sep 2023 179346.13995053977 0.38 12.59
Oct 2023 180890.0123920682 0.86 13.86
Nov 2023 182373.75917499 0.82 14.93
Dec 2023 181237.73791098152 -0.62 13.97
Jan 2024 178104.397617378 -1.73 11.62
Feb 2024 174920.52768781027 -1.79 8.50
Mar 2024 174690.96265428932 -0.13 6.34
Apr 2024 176449.83589020348 1.01 4.32
May 2024 178666.1501087083 1.26 2.85
Jun 2024 179446.95582847958 0.44 1.34
Jul 2024 179048.6970058439 -0.22 0.35
Aug 2024 178667.12195137117 -0.21 0.00
Sep 2024 179035.51059980283 0.21 -0.17
Oct 2024 180542.70921630642 0.84 -0.19
Nov 2024 182490.51021654974 1.08 0.06
Dec 2024 185547.24708658652 1.68 2.38
Jan 2025 187497.8707709442 1.05 5.27
Feb 2025 188455.91768666086 0.51 7.74
Mar 2025 187621.926162481 -0.44 7.40
Apr 2025 186114.010905334 -0.80 5.48
May 2025 184363.13582955676 -0.94 3.19
Jun 2025 181522.6241966441 -1.54 1.16
Jul 2025 178035.66515017042 -1.92 -0.57
Aug 2025 174641.63789211397 -1.91 -2.25
Sep 2025 172445.07640686052 -1.26 -3.68
Oct 2025 171973.3844464237 -0.27 -4.75
Nov 2025 171903.14223824727 -0.04 -5.80
Dec 2025 171767.6322589099 -0.08 -7.43
Jan 2026 172703.6515825473 0.55 -7.89
Feb 2026 174857.6043572642 1.25 -7.22