State ranking · Q2 2026
Fastest-appreciating ZIP codes in New Mexico
Over the year to Q2 2026, the fastest-appreciating of New Mexico's 13 3-digit ZIP regions was ZIP3 874 (Farmington, NM area) at +7.8%, based on FHFA HPI® data. 4 of 13 regions outpaced the statewide change of +2.1%; the U.S. changed +3.0%.
7 of 13 regions in New Mexicouse a FHFA "Balance of State" or metro index instead of a separately estimated 3-digit ZIP index, so some regions share identical values and rankings can tie.
Ranked by 1-year change
| # | 3-digit ZIP region | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| 1 | 874 · Farmington, NM area | +7.8% | +25.0% | +52.0% |
| 2 | 875 · Santa Fe, NM area | +3.4% | +13.5% | +43.3% |
| 3 | 870 · Los Lunas, NM area | +3.0% | +18.6% | +46.5% |
| 4 | 882 · Roswell, NM area | +3.0% | +12.4% | +28.5% |
| 5 | 871 · Albuquerque, NM area | +1.8% | +11.7% | +44.2% |
| 6 | 873 · Gallup, NM area | +1.3% | +12.9% | +36.8% |
| 7 | 877 · Las Vegas, NM area | +1.3% | +12.9% | +36.8% |
| 8 | 878 · Socorro, NM area | +1.3% | +12.9% | +36.8% |
| 9 | 879 · Truth or Consequences, NM area | +1.3% | +12.9% | +36.8% |
| 10 | 881 · Clovis, NM area | +1.3% | +12.9% | +36.8% |
| 11 | 883 · Alamogordo, NM area | +1.3% | +12.9% | +36.8% |
| 12 | 884 · Tucumcari, NM area | +1.3% | +12.9% | +36.8% |
| 13 | 880 · Las Cruces, NM area | -0.5% | +8.8% | +41.4% |
Top 10 by 5-year change
| # | 3-digit ZIP region | 5 years | 1 year |
|---|---|---|---|
| 1 | 874 · Farmington, NM area | +52.0% | +7.8% |
| 2 | 870 · Los Lunas, NM area | +46.5% | +3.0% |
| 3 | 871 · Albuquerque, NM area | +44.2% | +1.8% |
| 4 | 875 · Santa Fe, NM area | +43.3% | +3.4% |
| 5 | 880 · Las Cruces, NM area | +41.4% | -0.5% |
| 6 | 873 · Gallup, NM area | +36.8% | +1.3% |
| 7 | 877 · Las Vegas, NM area | +36.8% | +1.3% |
| 8 | 878 · Socorro, NM area | +36.8% | +1.3% |
| 9 | 879 · Truth or Consequences, NM area | +36.8% | +1.3% |
| 10 | 881 · Clovis, NM area | +36.8% | +1.3% |
Top 10 by 10-year change
| # | 3-digit ZIP region | 10 years | 1 year |
|---|---|---|---|
| 1 | 875 · Santa Fe, NM area | +106% | +3.4% |
| 2 | 870 · Los Lunas, NM area | +94.8% | +3.0% |
| 3 | 871 · Albuquerque, NM area | +92.8% | +1.8% |
| 4 | 880 · Las Cruces, NM area | +76.7% | -0.5% |
| 5 | 873 · Gallup, NM area | +75.6% | +1.3% |
| 6 | 877 · Las Vegas, NM area | +75.6% | +1.3% |
| 7 | 878 · Socorro, NM area | +75.6% | +1.3% |
| 8 | 879 · Truth or Consequences, NM area | +75.6% | +1.3% |
| 9 | 881 · Clovis, NM area | +75.6% | +1.3% |
| 10 | 883 · Alamogordo, NM area | +75.6% | +1.3% |
Top 10 by change since Q1 1995
| # | 3-digit ZIP region | Since Q1 1995 | 1 year |
|---|---|---|---|
| 1 | 882 · Roswell, NM area | +265% | +3.0% |
| 2 | 875 · Santa Fe, NM area | +252% | +3.4% |
| 3 | 874 · Farmington, NM area | +241% | +7.8% |
| 4 | 873 · Gallup, NM area | +236% | +1.3% |
| 5 | 877 · Las Vegas, NM area | +236% | +1.3% |
| 6 | 878 · Socorro, NM area | +236% | +1.3% |
| 7 | 879 · Truth or Consequences, NM area | +236% | +1.3% |
| 8 | 881 · Clovis, NM area | +236% | +1.3% |
| 9 | 883 · Alamogordo, NM area | +236% | +1.3% |
| 10 | 884 · Tucumcari, NM area | +236% | +1.3% |
Frequently asked questions
- What is the fastest-appreciating ZIP code area in New Mexico?
- Over the past year, ZIP3 874 (Farmington, NM area) led New Mexico at +7.8%. Over five years the leader was ZIP3 874 (Farmington, NM area) at +52.0%, and since Q1 1995 it was ZIP3 882 (Roswell, NM area) at +265%.
- Why are rankings by 3-digit ZIP and not 5-digit ZIP?
- FHFA publishes its quarterly ZIP-level index for 3-digit ZIP regions, which group all ZIP codes sharing the same first three digits. Each region covers many communities, so results describe broad regional trends rather than any one neighborhood or home.