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Caballo, NM Housing Market

$174,155

5.2% 1-yr

The average Caballo, NM home value is $174,155, down 5.2% over the past year.

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Caballo Key Takeaways

Typical Home Values: $174,155

1-year Value Change: -5.2%

(Data through July 31, 2025)

Caballo Housing Market Overview

--1-year Market Forecast
--For sale inventory(July 31, 2025)
--New listings(July 31, 2025)
--Median sale to list ratio
--Median sale price
--Median list price(July 31, 2025)
--Percent of sales over list price
--Percent of sales under list price
--Median days to pending
(Metric availability is based on market coverage and data)
How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Neighborhoods in Caballo

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Caballo Homes for Sale

$476,000
3 bd4 ba2,700 sqft
12124 Highway 152
12124 Highway 152
View Caballo listings
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Caballo Rental Market Trends

--Average rent in Caballo
$2,072National average rent(July 31, 2025)
--Month-over-month change
--Year-over-year change
How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.

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