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Caballo, NM Home Values and Rents

The typical home value in Caballo is $186,596.

Typical home value
$186,596
Zillow
Price change, 1 year
+3.8%
Sep 2026
Homeownership
100.0%
NM: 70.0%

Typical home value in Caballo

Zillow Home Value Index, all homes, middle tier

Show as a table
PeriodCaballo
Sep 2026$186,596
Dec 2025$180,865
Dec 2024$194,554
Dec 2023$197,220
Dec 2022$204,292
Dec 2021$194,591
Dec 2020$183,356
Dec 2019$161,745
Dec 2018$151,721
Dec 2017$154,273

Over five years, Caballo prices changed -5.6%.

Source: Zillow Research · Last updated 09/01/2026

Frequently asked questions

What is the typical home value in Caballo, NM?
The typical home value in Caballo is $186,596 (Zillow Home Value Index, Sep 2026). The New Mexico median is $248,100.
Are home prices going up in Caballo?
The typical home value in Caballo changed +3.8% over one year and -5.6% over five years, as of Sep 2026.