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Housing in Chaparral

16 homes sold in Chaparral in the last year, at a typical $284K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, and a shortcut to every site where Chaparral homes are listed.

Homes sold
16
May 2025 to April 2026
Typical sale price
$284K
median, weighted by sales
Price per square foot
$143
New Mexico $219
Paid vs. asking
92.9%
6% sold over asking
For sale now
6
April 2026 · 4 sold that month
What sold · last 12 months

Houses are 100% of Chaparral’s sales, at a typical $284K

16 homes sold in the year to April 2026.

Houses$284K

typical sale · 16 sold in 12 months

Per square foot
$143NM $213
Days to sell
203
Sold over asking
6%
Listings with a price cut
19%
6 years of sales

Fewer homes sell than before 2023, at twice the 2019 price

16 sales in the last year, against 34 in 2022 and a low of 14 in 2025. The typical sale went from $140K in 2019 to $284K.

Homes soldTypical sale price
012253750$150K$200K$250K$300K2019: 26 sold, typical $140K’192020: 16 sold, typical $177K2022: 34 sold, typical $142K’222023: 18 sold, typical $217K2024: 20 sold, typical $217K’242025: 14 sold, typical $224KLast 12 months: 16 sold, typical $284KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $300K buys in Chaparral

Houseat $143 a sq ft
The same money in New Mexicoat $213 a sq ft

Is this asking price fair?

Check a listing against what Chaparral homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

Rent or buy?

Owning the typical Chaparral home costs about $1,609 a month

Mortgage
Property tax
Insurance
Rent

Price: Chaparral’s typical sale, last 12 months. Property tax at Chaparral’s 0.5% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Chaparral is affordable on local pay is on Cost of living.

Before you buy in Chaparral

Five things worth knowing

0.5%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $284K home, about $1,530 a year.

Taxes vs. neighbors
B

Schools

The schools grade for Chaparral, from test results, graduation and how much students grow.

Schools in Chaparral
30 min

Typical commute

The average one-way trip to work for people who live in Chaparral.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Selling, or renting out?

Post your home to Chaparral, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Chaparral. People who follow the town see it, and so do people comparing Chaparral with their own town. No commission, no listing fee.

Questions about buying a home in Chaparral

What do homes sell for in Chaparral, NM?

16 homes sold in the year to April 2026 at a typical $284K, $143 a square foot.

Is Chaparral a buyer’s or seller’s market?

A seller’s market: 6 homes were for sale in April 2026 and 4 sold, about 1.5 months of supply. Buyers paid 92.9% of asking on average, and 21% of listings cut their price.

How much are property taxes in Chaparral?

About 0.5% of a home’s value a year. On a $284K home that’s near $1,530.

Where can I see homes for sale in Chaparral?

Zillow, Redfin, Realtor.com and Homes.com all carry Chaparral’s MLS listings; the search links above open each one filtered to Chaparral.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).