Chaparral Housing Market Report March 2025•Otero County, New Mexico

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Housing Prices in Chaparral, NM

How much do homes in Chaparral, NM cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$210,000$117/SqFt
+$27,500
+15.1%

Based on all homes listed in the last 12 months

Insight

The list price of homes in Chaparral has increased by 15.1% since last year.

Summary: The median home list price in Chaparral was $210,000 in March 2025, up 15.1% from the previous year, and the median price per square foot was $117.

Median List Price By Cities

Median List Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Chaparral
+15.1%
Anthony
0.0%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMar 2024Mar 2025Change YoY
1--
N/A
2$159K$377K
+137.1%
3$160K$189.7K
+18.6%
4$239.5K$239K
-0.2%
5$172.5K$245K
+42.0%

Summary: Chaparral housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +137.1%. The home price for 3 bedroom homes increased by +18.6%. The home price for 4 bedroom homes decreased by -0.2%. The home price for 5 bedroom homes increased by +42.0%.

How does Chaparral, NM compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Chaparral, NM

Housing supply in Chaparral, NM

How many homes are available in Chaparral, NM?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
12Last MonthMar 2025
122 months agoFeb 2025
0.0 %
Change MoMFeb – Mar

Summary: The Chaparral real estate market had 12 homes for sale in Mar 2025, the same as Feb 2025

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsFeb 2025Mar 2025Change MoM
100
0.0%
211
0.0%
367
+16.7%
454
-20.0%
500
0.0%

Summary: Chaparral housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +16.7%. The inventory for 4 bedroom homes decreased by -20.0%. The inventory for 5 bedroom homes remained the same.

Days on Market for Chaparral, NM

How long does it take to sell a home in Chaparral, NM?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days0 Home

Over 90 Days1 Home

Insight

Most homes in Chaparral are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2025, 1 homes were sold in Chaparral; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
159 DaysThis YearMar 2025
105 Days1 year agoMar 2024
+50.8 %
Change YoYMar 2024 – Mar 2025

Summary: Homes in Chaparral had an average listing age of 159 days in Mar 2025, up by 50.8% compared to the previous year.

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Newest Listings in Chaparral, NM

What homes are available in Chaparral, NM?

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Nearby markets

Popular Cities with Homes for Sale in New Mexico

MLS Disclaimers and Copyright

Based on information from Greater El Paso MLS, for the period 04/01/2023 - 04/01/2025

IDX The data relating to real estate for sale on this web site comes in part from the IDX Program of the Greater El Paso Association of REALTORS®. Real estate listings held by other brokerage firms are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing brokers.

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurateby the MLS. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.

Copyright © 2025 The Greater El Paso Association of REALTORS®, MLS Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 4/3/2025, 8:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.