Zip Code: 88005 (Las Cruces, 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 88005 Zip Code (Las Cruces, New Mexico) in February 2026 was $271,112.52. The month over month percentage change (MoM) was 0.05%, and the year over year percentage change (YoY) was -0.09%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 88005 zip code (Las Cruces, New Mexico). The table below shows the trend of the smoothed and seasonally adjusted ZHVI, and the MoM and YoY percentage changes for the 88005 zip code (Las Cruces, 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: 88005 (Las Cruces, New Mexico) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 88005 (Las Cruces, New Mexico) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 154163.87702953987 -0.41 -2.55
Feb 2015 153377.83546301062 -0.51 -2.73
Mar 2015 152755.63374997323 -0.41 -2.56
Apr 2015 152565.63364074985 -0.12 -2.34
May 2015 153135.95578349053 0.37 -2.28
Jun 2015 153991.91428148845 0.56 -2.30
Jul 2015 155419.35944425955 0.93 -1.83
Aug 2015 156356.44495704284 0.60 -1.11
Sep 2015 157045.7047753766 0.44 -0.26
Oct 2015 157265.5483389522 0.14 0.67
Nov 2015 157088.5130878624 -0.11 1.10
Dec 2015 156618.49914284804 -0.30 1.17
Jan 2016 156248.45097785967 -0.24 1.35
Feb 2016 155929.7401814011 -0.20 1.66
Mar 2016 155381.0717721778 -0.35 1.72
Apr 2016 154667.7206488049 -0.46 1.38
May 2016 154474.06881569632 -0.12 0.87
Jun 2016 154863.3316181957 0.25 0.57
Jul 2016 155275.47169060053 0.27 -0.09
Aug 2016 155379.7799871623 0.07 -0.62
Sep 2016 155184.33550799757 -0.13 -1.18
Oct 2016 155338.8386502659 0.10 -1.23
Nov 2016 155256.73656591776 -0.05 -1.17
Dec 2016 154755.22324524206 -0.32 -1.19
Jan 2017 153680.89247407985 -0.69 -1.64
Feb 2017 152807.23188081125 -0.57 -2.00
Mar 2017 152526.78157518455 -0.18 -1.84
Apr 2017 152830.6809571913 0.20 -1.19
May 2017 153550.11623701494 0.47 -0.60
Jun 2017 154956.63998840717 0.92 0.06
Jul 2017 156539.8232794416 1.02 0.81
Aug 2017 157708.6629939143 0.75 1.50
Sep 2017 158007.09949661358 0.19 1.82
Oct 2017 157548.029871347 -0.29 1.42
Nov 2017 157039.99004190994 -0.32 1.15
Dec 2017 156618.32660531774 -0.27 1.20
Jan 2018 156483.73442167114 -0.09 1.82
Feb 2018 157130.3684450264 0.41 2.83
Mar 2018 157503.90727856223 0.24 3.26
Apr 2018 157746.12618485643 0.15 3.22
May 2018 157280.62971242465 -0.29 2.43
Jun 2018 157199.2123532882 -0.05 1.45
Jul 2018 158031.71833535575 0.53 0.95
Aug 2018 159906.85774202264 1.19 1.39
Sep 2018 162622.31461530417 1.70 2.92
Oct 2018 165018.089924528 1.47 4.74
Nov 2018 167053.36250920172 1.23 6.38
Dec 2018 168706.51602739596 0.99 7.72
Jan 2019 169176.58370772004 0.28 8.11
Feb 2019 168395.34986050913 -0.46 7.17
Mar 2019 166671.08656451825 -1.02 5.82
Apr 2019 165464.7185353673 -0.72 4.89
May 2019 165161.81240412628 -0.18 5.01
Jun 2019 165593.04874345093 0.26 5.34
Jul 2019 166278.46615956118 0.41 5.22
Aug 2019 166790.60479977189 0.31 4.31
Sep 2019 166849.5412356485 0.04 2.60
Oct 2019 167008.25590252585 0.10 1.21
Nov 2019 167757.579674878 0.45 0.42
Dec 2019 169255.0818424327 0.89 0.33
Jan 2020 171033.50503815152 1.05 1.10
Feb 2020 172334.53348006788 0.76 2.34
Mar 2020 173301.7170352534 0.56 3.98
Apr 2020 173890.67821369303 0.34 5.09
May 2020 174556.11907196307 0.38 5.69
Jun 2020 175257.1573110329 0.40 5.84
Jul 2020 176604.70360247916 0.77 6.21
Aug 2020 178172.71250216864 0.89 6.82
Sep 2020 180378.17448028803 1.24 8.11
Oct 2020 182659.66610078674 1.26 9.37
Nov 2020 185109.5492921842 1.34 10.34
Dec 2020 187260.34470039653 1.16 10.64
Jan 2021 189133.2758001523 1.00 10.58
Feb 2021 191213.02638142835 1.10 10.96
Mar 2021 193300.56478449889 1.09 11.54
Apr 2021 195553.5064164235 1.17 12.46
May 2021 197986.4492679648 1.24 13.42
Jun 2021 201057.0391025251 1.55 14.72
Jul 2021 204565.90244765344 1.75 15.83
Aug 2021 207688.43857705258 1.53 16.57
Sep 2021 209865.59886001528 1.05 16.35
Oct 2021 211618.2781056699 0.84 15.85
Nov 2021 213725.27186272186 1.00 15.46
Dec 2021 216463.9756091108 1.28 15.60
Jan 2022 220261.87492791936 1.76 16.46
Feb 2022 224659.86186566207 2.00 17.49
Mar 2022 229828.41742244677 2.30 18.90
Apr 2022 234342.55867320506 1.96 19.84
May 2022 237679.36524364864 1.42 20.05
Jun 2022 240371.39371474704 1.13 19.55
Jul 2022 242147.4345718621 0.74 18.37
Aug 2022 243418.75078203634 0.53 17.20
Sep 2022 243647.61297522322 0.09 16.10
Oct 2022 243891.05106953907 0.10 15.25
Nov 2022 244362.4524018451 0.19 14.34
Dec 2022 245243.4967775078 0.36 13.30
Jan 2023 246286.96506339722 0.43 11.82
Feb 2023 247805.39012302933 0.62 10.30
Mar 2023 249520.7202262729 0.69 8.57
Apr 2023 252169.08638121138 1.06 7.61
May 2023 255080.5406900118 1.16 7.32
Jun 2023 258065.05997451476 1.17 7.36
Jul 2023 260140.18615260752 0.80 7.43
Aug 2023 261887.5808833414 0.67 7.59
Sep 2023 263108.3753886758 0.47 7.99
Oct 2023 264159.38119531685 0.40 8.31
Nov 2023 264778.9233333466 0.24 8.36
Dec 2023 264563.51097554713 -0.08 7.88
Jan 2024 264039.92441201134 -0.20 7.21
Feb 2024 263329.83352894965 -0.27 6.27
Mar 2024 264341.4349178194 0.38 5.94
Apr 2024 265889.9438014031 0.59 5.44
May 2024 267620.06517836254 0.65 4.92
Jun 2024 268115.0910745207 0.19 3.89
Jul 2024 268448.4058008045 0.12 3.19
Aug 2024 268883.74235129403 0.16 2.67
Sep 2024 269634.0822657111 0.28 2.48
Oct 2024 270087.3487105579 0.17 2.24
Nov 2024 270107.0744908112 0.01 2.01
Dec 2024 270314.24088170676 0.08 2.17
Jan 2025 270805.37236130313 0.18 2.56
Feb 2025 271350.47724193 0.20 3.05
Mar 2025 271647.20075451554 0.11 2.76
Apr 2025 271889.20102770673 0.09 2.26
May 2025 272138.02865652164 0.09 1.69
Jun 2025 272041.3670680363 -0.04 1.46
Jul 2025 271791.5807774124 -0.09 1.25
Aug 2025 271456.5957201519 -0.12 0.96
Sep 2025 271261.42111248843 -0.07 0.60
Oct 2025 271082.7277260196 -0.07 0.37
Nov 2025 270965.05845966964 -0.04 0.32
Dec 2025 270875.17073770025 -0.03 0.21
Jan 2026 270986.4660680224 0.04 0.07
Feb 2026 271112.51957981515 0.05 -0.09