County market report · FIPS 35059
Union County, NM
Outside a metro area · Population 4,026 (Census V2020 est.)
Typical value
$107,344
Sep 2026
1M
-1.8%
3M
-3.6%
12M
-9.9%
5Y
-3.0%
10Y
+28.6%
From peak
-16.2%
Peak $128,096 · Mar 2025
Rank US / state
3028 / 30
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-OnlyD · Accelerating Downturn
r3-3.58%p3-3.22%Acceleration-0.35ppMonths persisting5Evidence (Price-Only)72/100
Inventory, sales & days on market — Phase 2
Supply and demand confirmation is not yet available.
Yearly values (December)
| Year | ZHVI (Dec) | YoY change |
|---|---|---|
| 2025 | $117,122 | -3.7% |
| 2024 | $121,656 | +6.4% |
| 2023 | $114,382 | +1.2% |
| 2022 | $113,068 | +1.7% |
| 2021 | $111,130 | +5.9% |
| 2020 | $104,931 | +14.8% |
| 2019 | $91,394 | -6.4% |
| 2018 | $97,673 | -5.2% |
| 2017 | $102,991 | +16.4% |
| 2016 | $88,462 | — |