County market report · FIPS 35039
Rio Arriba County, NM
Espa±ola, NM · Population 38,521 (Census V2020 est.)
Typical value
$331,139
Sep 2026
1M
-0.3%
3M
-1.0%
12M
+2.3%
5Y
+12.9%
10Y
+61.7%
From peak
-1.1%
Peak $334,886 · May 2026
Rank US / state
1749 / 14
by 12M change
Zillow Home Value Index
Source: Zillow Home Value Index (ZHVI), all homes, smoothed & seasonally adjusted · data through Sep 2026.
Inflection signal
Price-OnlyB · Early Warning
r3-1.00%p3+0.26%Acceleration-1.25ppMonths persisting3Evidence (Price-Only)82/100
Inventory, sales & days on market — Phase 2
Supply and demand confirmation is not yet available.
Yearly values (December)
| Year | ZHVI (Dec) | YoY change |
|---|---|---|
| 2025 | $327,418 | +2.6% |
| 2024 | $319,069 | +3.6% |
| 2023 | $307,912 | +4.0% |
| 2022 | $296,030 | -0.4% |
| 2021 | $297,111 | +11.4% |
| 2020 | $266,777 | +14.3% |
| 2019 | $233,415 | +5.3% |
| 2018 | $221,599 | +7.4% |
| 2017 | $206,315 | -0.8% |
| 2016 | $207,963 | +5.4% |
| 2015 | $197,373 | +0.5% |
| 2014 | $196,481 | +4.0% |
| 2013 | $188,863 | -4.3% |
| 2012 | $197,387 | — |