Zip Code: 88008 (Santa Teresa, 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 88008 Zip Code (Santa Teresa, New Mexico) in February 2026 was $309,569.613. The month over month percentage change (MoM) was 0.02%, and the year over year percentage change (YoY) was -0.32%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 88008 zip code (Santa Teresa, New Mexico). The table below shows the trend of the smoothed and seasonally adjusted ZHVI, and the MoM and YoY percentage changes for the 88008 zip code (Santa Teresa, 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: 88008 (Santa Teresa, New Mexico) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 88008 (Santa Teresa, New Mexico) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 198342.61691042266 -0.24 -0.22
Feb 2015 196981.27297166456 -0.69 -0.46
Mar 2015 195973.66780326003 -0.51 -0.65
Apr 2015 195375.15839549582 -0.30 -0.82
May 2015 195537.364159192 0.08 -1.06
Jun 2015 195512.41189658805 -0.01 -1.37
Jul 2015 196106.09128763364 0.30 -1.36
Aug 2015 196528.893020561 0.22 -0.90
Sep 2015 197226.64458324318 0.36 -0.50
Oct 2015 197432.70941223679 0.10 -0.35
Nov 2015 197078.0260157153 -0.18 -0.82
Dec 2015 196459.51525905178 -0.31 -1.19
Jan 2016 195842.5730406174 -0.31 -1.26
Feb 2016 195558.6225975343 -0.14 -0.72
Mar 2016 195240.7370426598 -0.16 -0.37
Apr 2016 195168.59097931036 -0.04 -0.11
May 2016 195330.62960003447 0.08 -0.11
Jun 2016 195354.7753415023 0.01 -0.08
Jul 2016 195123.13389792558 -0.12 -0.50
Aug 2016 194660.11454999563 -0.24 -0.95
Sep 2016 194427.75064173687 -0.12 -1.42
Oct 2016 194704.7824925744 0.14 -1.38
Nov 2016 195132.8503476889 0.22 -0.99
Dec 2016 195440.59277831644 0.16 -0.52
Jan 2017 194973.86666866217 -0.24 -0.44
Feb 2017 194119.42036068914 -0.44 -0.74
Mar 2017 193405.1024018513 -0.37 -0.94
Apr 2017 193503.59206674885 0.05 -0.85
May 2017 193930.97242450176 0.22 -0.72
Jun 2017 194443.24672077483 0.26 -0.47
Jul 2017 194759.03583608198 0.16 -0.19
Aug 2017 195053.8625408247 0.15 0.20
Sep 2017 195299.6849724401 0.13 0.45
Oct 2017 195554.7558580053 0.13 0.44
Nov 2017 195956.94174834868 0.21 0.42
Dec 2017 196245.52268485582 0.15 0.41
Jan 2018 196254.72859062467 0.01 0.66
Feb 2018 196400.51817019001 0.07 1.18
Mar 2018 196938.52042118795 0.27 1.83
Apr 2018 197454.84008473376 0.26 2.04
May 2018 197736.70417323546 0.14 1.96
Jun 2018 197735.06718365476 0.00 1.69
Jul 2018 198510.75610128278 0.39 1.93
Aug 2018 199582.9705870595 0.54 2.32
Sep 2018 201155.6299294693 0.79 3.00
Oct 2018 202160.98936982438 0.50 3.38
Nov 2018 203152.07740471986 0.49 3.67
Dec 2018 204039.06994045735 0.44 3.97
Jan 2019 204460.71980395136 0.21 4.18
Feb 2019 204187.03583212968 -0.13 3.97
Mar 2019 203596.2087312405 -0.29 3.38
Apr 2019 203505.0243131149 -0.04 3.06
May 2019 203978.4609584002 0.23 3.16
Jun 2019 204631.10995600745 0.32 3.49
Jul 2019 205292.87503640377 0.32 3.42
Aug 2019 205648.4587274191 0.17 3.04
Sep 2019 205867.65087657026 0.11 2.34
Oct 2019 206304.0068268175 0.21 2.05
Nov 2019 207405.8299998669 0.53 2.09
Dec 2019 208569.94702837768 0.56 2.22
Jan 2020 209749.42085039426 0.57 2.59
Feb 2020 210508.89317672522 0.36 3.10
Mar 2020 211298.36623489705 0.38 3.78
Apr 2020 211933.00511187594 0.30 4.14
May 2020 212545.09380019165 0.29 4.20
Jun 2020 213199.087860261 0.31 4.19
Jul 2020 214314.38316901695 0.52 4.39
Aug 2020 215763.69889094544 0.68 4.92
Sep 2020 217510.20569377986 0.81 5.66
Oct 2020 219348.42724858006 0.85 6.32
Nov 2020 221654.04769000437 1.05 6.87
Dec 2020 224154.38663440966 1.13 7.47
Jan 2021 226511.59539721705 1.05 7.99
Feb 2021 228681.6390104783 0.96 8.63
Mar 2021 230990.79919996127 1.01 9.32
Apr 2021 233430.34476911338 1.06 10.14
May 2021 235997.56180291463 1.10 11.03
Jun 2021 238811.2145114583 1.19 12.01
Jul 2021 242181.839520825 1.41 13.00
Aug 2021 245685.89102998353 1.45 13.87
Sep 2021 248740.12281007774 1.24 14.36
Oct 2021 251405.056309103 1.07 14.61
Nov 2021 254198.61231440786 1.11 14.68
Dec 2021 257415.93142406782 1.27 14.84
Jan 2022 261406.33645981818 1.55 15.41
Feb 2022 265694.1226477354 1.64 16.18
Mar 2022 270609.9157841312 1.85 17.15
Apr 2022 275375.2577064915 1.76 17.97
May 2022 279562.185594802 1.52 18.46
Jun 2022 283009.0171578203 1.23 18.51
Jul 2022 285140.49629383074 0.75 17.74
Aug 2022 286410.4219063649 0.45 16.58
Sep 2022 286779.88943686086 0.13 15.29
Oct 2022 287330.91640739987 0.19 14.29
Nov 2022 287961.2144885429 0.22 13.28
Dec 2022 288520.8379341098 0.19 12.08
Jan 2023 288906.01270411006 0.13 10.52
Feb 2023 289896.8695080415 0.34 9.11
Mar 2023 291172.6796397827 0.44 7.60
Apr 2023 293261.34299904224 0.72 6.50
May 2023 295639.16210988554 0.81 5.75
Jun 2023 298559.58325499046 0.99 5.50
Jul 2023 300810.74248842406 0.75 5.50
Aug 2023 302330.0606774476 0.51 5.56
Sep 2023 303201.5790595137 0.29 5.73
Oct 2023 304098.9378866058 0.30 5.84
Nov 2023 304851.5797332312 0.25 5.87
Dec 2023 305220.51079145196 0.12 5.79
Jan 2024 305419.64886433986 0.07 5.72
Feb 2024 305726.2261900951 0.10 5.46
Mar 2024 306780.67026613356 0.35 5.36
Apr 2024 308011.9615684109 0.40 5.03
May 2024 308867.81760681514 0.28 4.47
Jun 2024 309040.61997150094 0.06 3.51
Jul 2024 308738.52128648927 -0.10 2.64
Aug 2024 308945.60272617714 0.07 2.19
Sep 2024 309492.4131763068 0.18 2.08
Oct 2024 310263.3730789299 0.25 2.03
Nov 2024 310707.29382818314 0.14 1.92
Dec 2024 310880.59428929695 0.06 1.85
Jan 2025 310919.7455811114 0.01 1.80
Feb 2025 310574.54480892565 -0.11 1.59
Mar 2025 310297.36677551817 -0.09 1.15
Apr 2025 310273.84893413685 -0.01 0.73
May 2025 310709.2714002638 0.14 0.60
Jun 2025 311067.69400790025 0.12 0.66
Jul 2025 311330.2538195507 0.08 0.84
Aug 2025 311504.762349756 0.06 0.83
Sep 2025 311461.6966525665 -0.01 0.64
Oct 2025 311013.08422693977 -0.14 0.24
Nov 2025 310180.48425535805 -0.27 -0.17
Dec 2025 309654.2340416679 -0.17 -0.39
Jan 2026 309498.7076845053 -0.05 -0.46
Feb 2026 309569.6129415431 0.02 -0.32