$17,760
Address unavailable
Chaparral, NM
Land1.48 acres
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Sarah Mitchell
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Compass Real Estate · Chaparral, NM
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
Chaparral, NM(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews
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Chaparral, NM Housing Market & Real Estate
Balanced market+93.2% YoY
Housing market overview · Updated monthly ·
$347,827median sale price
How is the Chaparral, NM housing market right now?
The median home sale price in Chaparral, NM is $347,827, up 93.2% year-over-year. Homes sell in an average of 276 days with 6 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of April 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Chaparral a buyer's or seller's market?
Balanced market1.5 months of supply276 avg. days on market
Chaparral, NM is currently a balanced market, based on 1.5 months of supply and homes selling in about 276 days. How we determine this →
Homes sold
4
Last 12 weeks
Days on market
276
Average pace
Active listings
6
1.5 months supply
Sale-to-list
95.1%
Below asking
What does the Chaparral housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $347,827 |
| Year-over-year price change | +93.2% |
| Average days on market | 276 days |
| Active inventory | 6 listings |
| Months of supply | 1.5 months |
| Sale-to-list price ratio | 95.1% |
| Median price per sq ft | $158/sq ft |
| Homes sold (latest month) | 4 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Chaparral by property type?
How the Chaparral, 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 | $347,827 | $158/sq ft | 4 | 276 days |
Source: Redfin · Updated monthly
The Chaparral housing market is currently classified as a balanced market with a median sale price of $347,827. Prices have risen 93.2% compared to last year, with homes spending an average of 276 days on market, indicating 1.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.7x provides context for how home values compare to local earning capacity.
Homes for sale in Chaparral
There are currently 6 homes listed for sale in Chaparral, New Mexico. Featured listings range from $17,760 to $467,000.
$24,000
Street
Chaparral, NM
Land2.00 acres
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$105,000
608 Paseo Real Dr
Chaparral, NM
Land2.00 acres
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$110,000
609 Paseo Real Dr
Chaparral, NM
Land2.13 acres
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$132,120
Street
Chaparral, NM
Land11.01 acres
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$165,000
1388 Sahara Desert Dr
Chaparral, NM
5 bd3 ba2,108 sqft$78/ft²
Mobile home1.01 acres
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$285,000
1340 Thar Desert Dr
Chaparral, NM
4 bd2 ba1,515 sqft$188/ft²
House1.01 acres
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$303,950
653 Yuma Desert
Chaparral, NM
3 bd2 ba1,598 sqft$190/ft²
House1.00 acres
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$307,950
661 Yuma Desert
Chaparral, NM
4 bd2 ba1,617 sqft$190/ft²
House1.00 acres
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$307,950
652 Yuma Desert
Chaparral, NM
4 bd2 ba1,617 sqft$190/ft²
House1.00 acres
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$309,950
660 Yuma Desert
Chaparral, NM
3 bd2 ba1,629 sqft$190/ft²
House1.00 acres
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$467,000
1455 San Carlos St
Chaparral, NM
Land38.89 acres
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Looking to buy in Chaparral?
Get connected with a local real estate expert — free, no obligation.
Active listings
6
Homes on market
Avg. days on market
276
Days until sale
Sale-to-list:95.1%
Who lives in Chaparral?
Population
16,642
Median income
$46,102/yr
Median age
31.2 years
Owner-occupied
66.4%
College grads
10.0%
Avg commute
32.8 min
Source: U.S. Census Bureau ACS
What are homes worth in Chaparral?
Zillow home value
$216,185
Price-to-income
4.7x
Source: Zillow Research
What is it like to live in Chaparral?
Chaparral is a community of approximately 17K residents with a median age of 31.2 years.The median household income is $46,102, which represents a working-class community with solid middle-income opportunities. 10.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 66.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 32.8 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Chaparral offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Chaparral?
4 schools tracked · 1,441 students
The largest public schools serving Chaparral, 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.
CHAPARRAL MIDDLE
Grades 7-8 · 545 students
DESERT TRAIL ELEMENTARY
Grades K-6 · 467 students
CHAPARRAL ELEMENTARY
Grades PK-6 · 429 students
OTERO COUNTY PRISON
Grades 8-12
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 Chaparral, NM?
Want a head-to-head view? Compare Chaparral side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Chaparral?
The median home sale price in Chaparral is $347,827, up 93.2% from last year.
How long do homes stay on market in Chaparral?
Homes typically spend 276 days on market before going under contract.
What is the median income in Chaparral?
The median household income is $46,102 per year.
Is Chaparral a buyer's or seller's market?
With 1.5 months of supply, Chaparral is currently a balanced market.
How many homes are for sale in Chaparral?
There are currently 6 homes listed for sale in Chaparral, NM.
What is the Zillow home value estimate for Chaparral?
The Zillow Home Value Index (ZHVI) for Chaparral is $216,185, representing the typical home value in the area.
How much does a single-family home cost in Chaparral?
The median single-family home price in Chaparral, NM is $347,827 (about $158 per square foot).
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