House Prices

House Prices & Home Values Chaparral, NM 2026


Average Data

average house price$193,827
average size per house1784 ft²
average price per ft²109 $ / ft²

05/19/2026 - The value range (VR) for house prices in Chaparral, NM is $77/ sqft to $77/ sqft. An average home with 1784 sqft costs approximately $137,368 to $137,368. Chaparral, NM includes 1 ZIP codes and it is located in Otero county. The lowest prices are found in ZIP 88081, while the highest are in ZIP 88081. The average price per sqare feet is $109. Our analysis is based on 9 property listings.

Avergage prices by ZIP codes Chaparral

8808177 $ / ft²




Historical development of home values in Chaparral

Year Estimated value (USD) Change vs. 2025
2010 $90,017 -53.6%
2011 $86,536 -55.4%
2012 $86,303 -55.5%
2013 $89,529 -53.8%
2014 $93,980 -51.5%
2015 $98,804 -49.0%
2016 $103,960 -46.4%
2017 $109,571 -43.5%
2018 $115,629 -40.3%
2019 $120,990 -37.6%
2020 $127,245 -34.4%
2021 $144,727 -25.3%
2022 $168,720 -13.0%
2023 $177,923 -8.2%
2024 $188,216 -2.9%
2025 $193,827 0.0%

Graph: estimated home values in Chaparral over time (USD)



Example: 100% financing house in Chaparral

Loan amount: $193,827

Interest rate: 6.00%

Fixed monthly payment: $1,162.09

Breakdown in the 1st month:
Interest portion: $969.14  â€“  Principal portion: $192.96

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $11,564.87 $2,380.22 $191,446.78
2 $11,418.06 $2,527.02 $188,919.76
3 $11,262.20 $2,682.89 $186,236.87
4 $11,096.73 $2,848.36 $183,388.51
5 $10,921.05 $3,024.04 $180,364.47
6 $10,734.53 $3,210.56 $177,153.91
7 $10,536.51 $3,408.58 $173,745.33
8 $10,326.28 $3,618.81 $170,126.52
9 $10,103.08 $3,842.01 $166,284.51
10 $9,866.11 $4,078.98 $162,205.53
11 $9,614.53 $4,330.56 $157,874.97
12 $9,347.43 $4,597.66 $153,277.31
13 $9,063.86 $4,881.23 $148,396.07
14 $8,762.79 $5,182.30 $143,213.77
15 $8,443.16 $5,501.93 $137,711.84
16 $8,103.81 $5,841.28 $131,870.57
17 $7,743.53 $6,201.56 $125,669.01
18 $7,361.04 $6,584.05 $119,084.96
19 $6,954.95 $6,990.14 $112,094.81
20 $6,523.81 $7,421.28 $104,673.53
21 $6,066.08 $7,879.01 $96,794.52
22 $5,580.12 $8,364.97 $88,429.55
23 $5,064.19 $8,880.90 $79,548.65
24 $4,516.43 $9,428.66 $70,119.99
25 $3,934.89 $10,010.20 $60,109.80
26 $3,317.49 $10,627.60 $49,482.20
27 $2,662.00 $11,283.09 $38,199.11
28 $1,966.08 $11,979.01 $26,220.10
29 $1,227.24 $12,717.85 $13,502.25
30 $442.84 $13,502.25 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Chaparral, NM


1500 sqft3900 sqft
Ø selling price$197,836$420,850
Ø fast selling$179,850$378,765
Ø high price sale$215,821$462,934

In 2026, houses in Chaparral, NM will be offered at an average price of $109 per square foot. A 1,500 sqft home priced at $197,836 is 22.89% more expensive per square foot than a 3,900 sqft home priced at $420,850. Home prices in Chaparral, NM vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $291,357. Sellers who can wait longer may achieve a higher price of up to $356,103.


Chaparral, NM: Gateway to Southern New Mexico?s Desert Lifestyle

Overview

Chaparral, NM is a growing desert community in southern New Mexico that straddles Doña Ana County and Otero County.
Positioned near El Paso, Texas and Las Cruces, New Mexico, it offers convenient access to city amenities while maintaining wide-open spaces.

Location and Lifestyle

Residents of Chaparral, New Mexico enjoy a suburban-rural lifestyle with quiet neighborhoods, mountain vistas, and big-sky sunsets.
Many commuters work at Fort Bliss or in the El Paso?Las Cruces corridor, appreciating short drives and a relaxed pace of life.

Outdoors and Climate

Outdoor lovers explore the Chihuahuan Desert, the nearby Organ Mountains, and day trips to White Sands National Park for hiking, photography, and off-roading.
The climate features abundant sunshine, mild winters, and hot summers punctuated by a summer monsoon that brings dramatic skies and refreshing rains.

Housing and Economy

Local housing ranges from established neighborhoods to spacious lots and manufactured homes, delivering strong value and room to grow.
The economy reflects regional strengths in services, logistics, and cross-border trade, with small businesses and contractors supporting daily life.

Community and Access

Community life centers on schools, parks, and local events, with essential shopping and services close to home.
Quick connections via US-54 and US-70 lead to major employers, the El Paso International Airport, and regional attractions across southern New Mexico and West Texas.



FAQ – Home Values in Chaparral

What is the median home value in Chaparral in 2026?

In 2026, the typical home value in Chaparral is about $193,827 for an average home size of 1784 square feet. This corresponds to an average price of roughly $109 per square foot.

What is the average cost per square foot in Chaparral?

In 2026, homes in Chaparral sell for an average of around $109 per square foot, with a typical range between $77 and $77 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Chaparral is about 1784 square feet, with an estimated 2026 value around $193,827.



Locations close to Chaparral, NM

Clovis, NM58 $ / ft²
Cannon Afb, NM58 $ / ft²
Broadview, NM56 $ / ft²
Vado, NM87 $ / ft²
Tyrone, NM109 $ / ft²
Sunland Park, NM125 $ / ft²
  imprint  Privacy