Zip lookup · NM

87941
Garfield, New Mexico.

Garfield, Dona Ana County, NM · Las Cruces, NM metro · population 988

What it costs per month · 87941 $909/mo

to buy the typical home at today's mortgage rate — +$507 (+126%) since Jan 2020.

What the home itself did
1 year
Up $12,903 +8%
$160,362$173,265 since Sep 2025
5 years
Up $39,271 +29%
$133,995$173,265 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 2002 2006 2010 2014 2018 2022 2026 87941 $909 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 87941$909
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 13 years.

Typical home values in zip 87941 rose 8.0% over the past year — faster than the nation's +1.2%.

Zillow also publishes an index for the city itself: Garfield, NM — measured over the city limits, which is a different area from this zip.

Typical home value $173,265 as of Sep 2026
+8.0%year on year

Typical home value — 87941

Mid-tier homes, smoothed and seasonally adjusted.

$100,000 $200,000 $300,000 2018 2020 2022 2024 2026 87941 $173,265 Las Cruces $285,348 United States $366,157
$100,000 $200,000 $300,000 2018 2022 2026
  • 87941$173,265
  • Las Cruces$285,348
  • United States$366,157

Within 20 miles

Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.