Zip Code: 88220 (Carlsbad, 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 88220 Zip Code (Carlsbad, New Mexico) in February 2026 was $242,010.983. The month over month percentage change (MoM) was 1.02%, and the year over year percentage change (YoY) was -0.79%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 88220 zip code (Carlsbad, New Mexico). The table below shows the trend of the smoothed and seasonally adjusted ZHVI, and the MoM and YoY percentage changes for the 88220 zip code (Carlsbad, 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: 88220 (Carlsbad, New Mexico) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 88220 (Carlsbad, New Mexico) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZHVI ($) 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 214222.80608908998 Infinity Infinity
Mar 2016 213700.09984014448 -0.24 Infinity
Apr 2016 213127.6444634243 -0.27 Infinity
May 2016 211086.53016273188 -0.96 Infinity
Jun 2016 209646.95789338963 -0.68 Infinity
Jul 2016 207760.13106882115 -0.90 Infinity
Aug 2016 208185.57555309602 0.21 Infinity
Sep 2016 209479.94358997198 0.62 Infinity
Oct 2016 211681.43331792796 1.05 Infinity
Nov 2016 213325.36234097029 0.78 Infinity
Dec 2016 213925.39592332536 0.28 Infinity
Jan 2017 212949.6882130409 -0.46 Infinity
Feb 2017 210333.34410750563 -1.23 -1.82
Mar 2017 206308.725901252 -1.91 -3.46
Apr 2017 202545.6841978955 -1.82 -4.96
May 2017 198911.96667368466 -1.79 -5.77
Jun 2017 196096.03140479434 -1.42 -6.46
Jul 2017 195350.53637126685 -0.38 -5.97
Aug 2017 195795.06564656505 0.23 -5.95
Sep 2017 197286.44222836857 0.76 -5.82
Oct 2017 198065.04320730068 0.40 -6.43
Nov 2017 196713.09188573764 -0.68 -7.79
Dec 2017 192647.76069503577 -2.07 -9.95
Jan 2018 187898.6490739017 -2.46 -11.76
Feb 2018 184890.24545900337 -1.60 -12.10
Mar 2018 184089.78793757618 -0.43 -10.77
Apr 2018 184046.24872258757 -0.02 -9.13
May 2018 184805.57297271362 0.41 -7.09
Jun 2018 185800.2896641513 0.54 -5.25
Jul 2018 187726.07374414106 1.04 -3.90
Aug 2018 190094.94644710326 1.26 -2.91
Sep 2018 193379.43158521235 1.73 -1.98
Oct 2018 196342.57410297228 1.53 -0.87
Nov 2018 199558.06980035405 1.64 1.45
Dec 2018 202042.962699677 1.25 4.88
Jan 2019 203360.47765085837 0.65 8.23
Feb 2019 203713.42002349623 0.17 10.18
Mar 2019 203906.54889024553 0.10 10.77
Apr 2019 204809.5012495641 0.44 11.28
May 2019 206671.41218253682 0.91 11.83
Jun 2019 208531.48712196303 0.90 12.23
Jul 2019 210820.96658617214 1.10 12.30
Aug 2019 212905.5518844968 0.99 12.00
Sep 2019 215361.58640318605 1.15 11.37
Oct 2019 217697.2443609334 1.09 10.88
Nov 2019 220905.3646073678 1.47 10.70
Dec 2019 224402.08367274445 1.58 11.07
Jan 2020 226969.5690352687 1.14 11.61
Feb 2020 227905.71192000332 0.41 11.88
Mar 2020 228696.25634457808 0.35 12.16
Apr 2020 230234.39001320224 0.67 12.41
May 2020 231954.94108424117 0.75 12.23
Jun 2020 233068.55926648455 0.48 11.77
Jul 2020 234622.80498380578 0.67 11.29
Aug 2020 236498.8523104534 0.80 11.08
Sep 2020 239476.18628771292 1.26 11.20
Oct 2020 243076.05884722024 1.50 11.66
Nov 2020 247498.46161770634 1.82 12.04
Dec 2020 251379.81232619332 1.57 12.02
Jan 2021 253858.74200787183 0.99 11.85
Feb 2021 255292.1028515138 0.56 12.02
Mar 2021 256347.51053803205 0.41 12.09
Apr 2021 258176.84217546356 0.71 12.14
May 2021 261009.28949634454 1.10 12.53
Jun 2021 263374.7336383911 0.91 13.00
Jul 2021 263267.3965536926 -0.04 12.21
Aug 2021 260150.0711293281 -1.18 10.00
Sep 2021 255811.4383360423 -1.67 6.82
Oct 2021 253056.96987130333 -1.08 4.11
Nov 2021 252660.4477258308 -0.16 2.09
Dec 2021 253303.23948389353 0.25 0.77
Jan 2022 252436.58537068104 -0.34 -0.56
Feb 2022 250160.03595236165 -0.90 -2.01
Mar 2022 247453.1826545111 -1.08 -3.47
Apr 2022 246227.74649445646 -0.49 -4.63
May 2022 246165.8498237999 -0.02 -5.69
Jun 2022 247199.5083659437 0.42 -6.14
Jul 2022 248555.21341103202 0.55 -5.59
Aug 2022 248150.64283975994 -0.16 -4.61
Sep 2022 246491.76878586854 -0.67 -3.64
Oct 2022 243881.14688782417 -1.06 -3.63
Nov 2022 241328.95891522817 -1.05 -4.49
Dec 2022 238446.8798135994 -1.19 -5.86
Jan 2023 234202.42329115956 -1.78 -7.22
Feb 2023 229551.70099293487 -1.99 -8.24
Mar 2023 226759.7238412272 -1.22 -8.36
Apr 2023 226961.30264227814 0.09 -7.82
May 2023 228506.2186415677 0.68 -7.17
Jun 2023 229370.983998548 0.38 -7.21
Jul 2023 230328.0062215703 0.42 -7.33
Aug 2023 232012.86789852983 0.73 -6.50
Sep 2023 233014.10524321275 0.43 -5.47
Oct 2023 232630.76068414046 -0.16 -4.61
Nov 2023 231549.88993462364 -0.46 -4.05
Dec 2023 230887.1377378625 -0.29 -3.17
Jan 2024 230195.99929619036 -0.30 -1.71
Feb 2024 229978.6555071445 -0.09 0.19
Mar 2024 230464.00200525843 0.21 1.63
Apr 2024 231965.78702054627 0.65 2.21
May 2024 233267.43717632876 0.56 2.08
Jun 2024 233968.85118364604 0.30 2.01
Jul 2024 234554.65030709325 0.25 1.84
Aug 2024 234659.0782255423 0.05 1.14
Sep 2024 234866.76855414943 0.09 0.80
Oct 2024 235804.9902628557 0.40 1.36
Nov 2024 237846.84368699734 0.87 2.72
Dec 2024 240476.60228189523 1.11 4.15
Jan 2025 242639.97673891942 0.90 5.41
Feb 2025 243932.2685976848 0.53 6.07
Mar 2025 244758.57939149978 0.34 6.20
Apr 2025 243955.2921127367 -0.33 5.17
May 2025 242706.15189036969 -0.51 4.05
Jun 2025 240704.7790879465 -0.82 2.88
Jul 2025 238663.87247864963 -0.85 1.75
Aug 2025 237293.8481754381 -0.57 1.12
Sep 2025 235914.9240074299 -0.58 0.45
Oct 2025 235373.874410267 -0.23 -0.18
Nov 2025 235359.86884861058 -0.01 -1.05
Dec 2025 237241.86254281914 0.80 -1.34
Jan 2026 239576.9951928285 0.98 -1.26
Feb 2026 242010.98317336978 1.02 -0.79