Zip Code: 88048 (Mesquite, 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 88048 Zip Code (Mesquite, New Mexico) in February 2026 was $201,610.507. The month over month percentage change (MoM) was 0.41%, and the year over year percentage change (YoY) was -4.01%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 88048 zip code (Mesquite, New Mexico). The table below shows the trend of the smoothed and seasonally adjusted ZHVI, and the MoM and YoY percentage changes for the 88048 zip code (Mesquite, 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: 88048 (Mesquite, New Mexico) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 88048 (Mesquite, New Mexico) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 102785.8466089173 0.42 0.54
Feb 2015 103014.92918649262 0.22 1.10
Mar 2015 103034.38432994192 0.02 1.67
Apr 2015 103252.34642120758 0.21 2.14
May 2015 103822.16064939497 0.55 1.94
Jun 2015 104255.09657380724 0.42 1.67
Jul 2015 105568.77425561915 1.26 2.05
Aug 2015 106280.99496043897 0.68 2.72
Sep 2015 107138.86472507413 0.81 3.90
Oct 2015 106957.02787286724 -0.17 4.71
Nov 2015 106713.71282791055 -0.23 4.77
Dec 2015 106470.97911093535 -0.23 4.02
Jan 2016 107392.92611591809 0.87 4.48
Feb 2016 108788.22694979869 1.30 5.60
Mar 2016 109935.50415716285 1.06 6.70
Apr 2016 109966.29728217931 0.03 6.50
May 2016 109807.64353323959 -0.14 5.77
Jun 2016 109677.76564779093 -0.12 5.20
Jul 2016 109800.51711612464 0.11 4.01
Aug 2016 109428.30265922526 -0.34 2.96
Sep 2016 109012.05171240862 -0.38 1.75
Oct 2016 108541.67269592761 -0.43 1.48
Nov 2016 107947.2048464042 -0.55 1.16
Dec 2016 107154.65403607354 -0.73 0.64
Jan 2017 106522.55685361453 -0.59 -0.81
Feb 2017 106614.15125089027 0.09 -2.00
Mar 2017 107266.09440576925 0.61 -2.43
Apr 2017 108376.02833235891 1.03 -1.45
May 2017 109389.16018178508 0.94 -0.38
Jun 2017 110288.86957084287 0.82 0.56
Jul 2017 111065.39064564118 0.70 1.15
Aug 2017 111938.74182336619 0.79 2.29
Sep 2017 112593.29226535467 0.59 3.29
Oct 2017 112653.14939105623 0.05 3.79
Nov 2017 112366.46646304791 -0.25 4.09
Dec 2017 112276.86481125891 -0.08 4.78
Jan 2018 113032.066225122 0.67 6.11
Feb 2018 114436.9624739596 1.24 7.34
Mar 2018 115858.81702793938 1.24 8.01
Apr 2018 116948.64382783433 0.94 7.91
May 2018 117508.76824628912 0.48 7.42
Jun 2018 117761.86086994463 0.22 6.78
Jul 2018 117721.6092691596 -0.03 5.99
Aug 2018 118056.09430997244 0.28 5.47
Sep 2018 119142.9059950115 0.92 5.82
Oct 2018 120234.50518306368 0.92 6.73
Nov 2018 121477.96203684424 1.03 8.11
Dec 2018 122856.16259388725 1.14 9.42
Jan 2019 123534.2123033558 0.55 9.29
Feb 2019 123034.15867785068 -0.40 7.51
Mar 2019 121621.36342504766 -1.15 4.97
Apr 2019 120931.06577155845 -0.57 3.41
May 2019 121017.76172516546 0.07 2.99
Jun 2019 121570.72033393839 0.46 3.23
Jul 2019 122043.16100650781 0.39 3.67
Aug 2019 122207.17714823753 0.13 3.52
Sep 2019 122021.76418989303 -0.15 2.42
Oct 2019 121907.46920716423 -0.09 1.39
Nov 2019 122392.66400353948 0.40 0.75
Dec 2019 123402.55542035059 0.83 0.45
Jan 2020 124513.26535263371 0.90 0.79
Feb 2020 125227.82115958114 0.57 1.78
Mar 2020 125734.73893905799 0.41 3.38
Apr 2020 126194.01139919883 0.37 4.35
May 2020 126718.29634489496 0.42 4.71
Jun 2020 127253.3275015605 0.42 4.67
Jul 2020 128216.72618659516 0.76 5.06
Aug 2020 129622.6658609764 1.10 6.07
Sep 2020 131534.10813163477 1.48 7.80
Oct 2020 133524.94170068842 1.51 9.53
Nov 2020 135850.7936462993 1.74 11.00
Dec 2020 138119.27210173607 1.67 11.93
Jan 2021 140453.0096003446 1.69 12.80
Feb 2021 142394.9832047687 1.38 13.71
Mar 2021 144381.4105525782 1.40 14.83
Apr 2021 145942.8506078388 1.08 15.65
May 2021 147278.5123957021 0.92 16.23
Jun 2021 148355.3676124638 0.73 16.58
Jul 2021 149119.6953684944 0.52 16.30
Aug 2021 149679.09344385107 0.38 15.47
Sep 2021 149639.53238395712 -0.03 13.77
Oct 2021 150083.3689451478 0.30 12.40
Nov 2021 151054.91931481802 0.65 11.19
Dec 2021 152817.00705660594 1.17 10.64
Jan 2022 155638.7155729497 1.85 10.81
Feb 2022 158975.73246089948 2.14 11.64
Mar 2022 162801.05057124092 2.41 12.76
Apr 2022 165577.2892682913 1.71 13.45
May 2022 167591.81791743348 1.22 13.79
Jun 2022 169329.3097847529 1.04 14.14
Jul 2022 171118.9363556034 1.06 14.75
Aug 2022 172714.01266951373 0.93 15.39
Sep 2022 173760.27194071063 0.61 16.12
Oct 2022 174608.29874027066 0.49 16.34
Nov 2022 175614.40569879804 0.58 16.26
Dec 2022 176886.2499111331 0.72 15.75
Jan 2023 178471.7294518226 0.90 14.67
Feb 2023 180483.58894477217 1.13 13.53
Mar 2023 183075.34827762275 1.44 12.45
Apr 2023 186160.56759708445 1.69 12.43
May 2023 189324.20012459243 1.70 12.97
Jun 2023 192037.19047628634 1.43 13.41
Jul 2023 193907.68053801722 0.97 13.32
Aug 2023 195537.19180741263 0.84 13.21
Sep 2023 196752.45988465336 0.62 13.23
Oct 2023 197858.57949075126 0.56 13.32
Nov 2023 198578.4908491271 0.36 13.08
Dec 2023 198927.26414619465 0.18 12.46
Jan 2024 198727.33738456445 -0.10 11.35
Feb 2024 198354.34103848226 -0.19 9.90
Mar 2024 199327.19067424044 0.49 8.88
Apr 2024 201611.2347598076 1.15 8.30
May 2024 204187.4970512049 1.28 7.85
Jun 2024 205215.4382356794 0.50 6.86
Jul 2024 205354.26468518857 0.07 5.90
Aug 2024 205166.89230299162 -0.09 4.93
Sep 2024 205387.62260982604 0.11 4.39
Oct 2024 205978.96119161206 0.29 4.10
Nov 2024 206801.0285412865 0.40 4.14
Dec 2024 208495.59839772678 0.82 4.81
Jan 2025 209782.07240714176 0.62 5.56
Feb 2025 210032.24731585258 0.12 5.89
Mar 2025 208877.40318429875 -0.55 4.79
Apr 2025 207279.5599228891 -0.76 2.81
May 2025 206217.15287101688 -0.51 0.99
Jun 2025 204986.20452924378 -0.60 -0.11
Jul 2025 204248.94696681932 -0.36 -0.54
Aug 2025 203612.81519558016 -0.31 -0.76
Sep 2025 203071.2602482485 -0.27 -1.13
Oct 2025 202029.8711718088 -0.51 -1.92
Nov 2025 201010.90832868044 -0.50 -2.80
Dec 2025 200448.7779500069 -0.28 -3.86
Jan 2026 200795.6212033966 0.17 -4.28
Feb 2026 201610.50681090867 0.41 -4.01