$15,000
Serenity Dr
Chama, NM
Land23,087 sqft lot
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Sarah Mitchell
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Compass Real Estate · Chama, NM
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
Chama, NM(512) 555-0184TX License #0512847
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Chama, NM Housing Market & Real Estate
Buyer's market
Housing market overview · Updated monthly ·
$379,000median sale price
How is the Chama, NM housing market right now?
The median home sale price in Chama, NM is $379,000. Homes sell in an average of 250 days with 7 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Chama a buyer's or seller's market?
Buyer's market7.0 months of supply250 avg. days on market
Chama, NM is currently a buyer's market, based on 7.0 months of supply and homes selling in about 250 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
250
Average pace
Active listings
7
7.0 months supply
Sale-to-list
—
Below asking
What does the Chama housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $379,000 |
| Median list price | $279,500 |
| Average days on market | 250 days |
| Active inventory | 7 listings |
| Months of supply | 7.0 months |
| Median price per sq ft | $199/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 4 |
| Listings with a price cut | 14.3% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Chama by property type?
How the Chama, NM market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $379,000 | $199/sq ft | 1 | 250 days |
Source: Redfin · Updated monthly
The Chama housing market is currently classified as a buyer's market with a median sale price of $379,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 250 days on market, indicating 7.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Homes for sale in Chama
There are currently 7 homes listed for sale in Chama, New Mexico. The median listing price is $280K. Featured listings range from $15,000 to $1,595,000.
$50,000
29 and 30 Brazos Lodge Estates Dr
Chama, NM
Land33,977 sqft lot
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$119,900
Vega View Rd
Chama, NM
Land8.01 acres
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$145,000
9 Red Rock
Chama, NM
Land6.67 acres
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$150,000
1000 N Nmsr 17 Rd
Chama, NM
Land1.00 acres
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$199,000
64 Pd 1783C Rd
Chama, NM
Land7.01 acres
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$234,900
11 Cielo Azul
Chama, NM
2 bd1 ba728 sqft$323/ft²
House29,185 sqft lot
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$249,500
698 Cedar Ave
Chama, NM
4 bd2 ba1,620 sqft$154/ft²
House15,246 sqft lot
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$275,000
15903 US Highway 64/84
Chama, NM
3 bd2 ba1,280 sqft$215/ft²
House1.50 acres
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$295,000
101 Oak Meadow Dr
Chama, NM
1 bd1 ba850 sqft$347/ft²
House5.09 acres
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$675,000
4189 Choke Cherry Dr
Chama, NM
4 bd2 ba2,906 sqft$232/ft²
House4.35 acres
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$1,595,000
16853 # Us84 # US84
Chama, NM
Land270.00 acres
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Looking to buy in Chama?
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Active listings
7
Homes on market
Median list price
$280K
Avg. days on market
250
Days until sale
New this week
4
Newly listed
Price drops:14.3%of listings
Who lives in Chama?
Population
748
Median age
60.5 years
Owner-occupied
75.4%
College grads
17.1%
Avg commute
10.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Chama?
Zillow home value
$328,166
Source: Zillow Research
What is it like to live in Chama?
Chama is a community of approximately 1K residents with a median age of 60.5 years. 17.1% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 75.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 10.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Chama offers a distinctive character that appeals to different lifestyle preferences.
Which public schools serve Chama?
2 schools tracked · 55 students
The largest public schools serving Chama, NM by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
CHAMA ELEMENTARY
Grades PK-5 · 55 students
CHAMA MIDDLE
Grades 6-8
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Chama, NM?
Want a head-to-head view? Compare Chama side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Chama?
The median home sale price in Chama is $379,000, down 0.0% from last year.
How long do homes stay on market in Chama?
Homes typically spend 250 days on market before going under contract.
Is Chama a buyer's or seller's market?
With 7.0 months of supply, Chama is currently a buyer's market.
How many homes are for sale in Chama?
There are currently 7 homes listed for sale in Chama, NM.
What is the Zillow home value estimate for Chama?
The Zillow Home Value Index (ZHVI) for Chama is $328,166, representing the typical home value in the area.
How much does a single-family home cost in Chama?
The median single-family home price in Chama, NM is $379,000 (about $199 per square foot).
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