House Prices

Plaza del Cerro Chimayo, NM House Prices & Home Values 2026


Average Data

average house price$1,169,223
average size per house4029 ft²
average price per ft²282 $ / ft²

04/16/2026 - The value range (VR) for house prices in Plaza del Cerro Chimayo, NM is $267.9/ sqft to $296.1/ sqft. An average home with 4029 sqft costs approximately $1,048,068 to $1,158,391. Chimayo, NM includes 1 ZIP codes and it is located in Rio Arriba county. The lowest prices are found in ZIP 87522, while the highest are in ZIP 87522. The average price per sqare feet is $282. Our analysis is based on 7 property listings.

Avergage prices by ZIP codes Plaza del Cerro Chimayo

87522302 $ / ft²




Historical development of home values in Plaza del Cerro Chimayo

Year Estimated value (USD) Change vs. 2025
2010 $543,008 -53.6%
2011 $522,010 -55.4%
2012 $520,605 -55.5%
2013 $540,064 -53.8%
2014 $566,918 -51.5%
2015 $596,014 -49.0%
2016 $627,118 -46.4%
2017 $660,966 -43.5%
2018 $697,508 -40.3%
2019 $729,850 -37.6%
2020 $767,580 -34.4%
2021 $873,040 -25.3%
2022 $1,017,768 -13.0%
2023 $1,073,284 -8.2%
2024 $1,135,375 -2.9%
2025 $1,169,223 0.0%

Graph: estimated home values in Plaza del Cerro Chimayo over time (USD)



Example: 100% financing house in Plaza del Cerro Chimayo

Loan amount: $1,169,223

Interest rate: 5.83%

Fixed monthly payment: $6,879.82

Breakdown in the 1st month:
Interest portion: $5,676.58  â€“  Principal portion: $1,203.24

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $67,727.07 $14,830.80 $1,154,392.20
2 $66,839.58 $15,718.29 $1,138,673.90
3 $65,898.98 $16,658.90 $1,122,015.01
4 $64,902.09 $17,655.78 $1,104,359.23
5 $63,845.55 $18,712.32 $1,085,646.90
6 $62,725.78 $19,832.09 $1,065,814.81
7 $61,539.00 $21,018.87 $1,044,795.94
8 $60,281.21 $22,276.66 $1,022,519.28
9 $58,948.15 $23,609.72 $998,909.56
10 $57,535.32 $25,022.55 $973,887.01
11 $56,037.94 $26,519.93 $947,367.08
12 $54,450.96 $28,106.91 $919,260.17
13 $52,769.01 $29,788.86 $889,471.30
14 $50,986.41 $31,571.46 $857,899.84
15 $49,097.13 $33,460.74 $824,439.10
16 $47,094.81 $35,463.06 $788,976.04
17 $44,972.66 $37,585.21 $751,390.83
18 $42,723.51 $39,834.36 $711,556.47
19 $40,339.78 $42,218.09 $669,338.38
20 $37,813.40 $44,744.47 $624,593.91
21 $35,135.84 $47,422.03 $577,171.88
22 $32,298.05 $50,259.82 $526,912.07
23 $29,290.45 $53,267.42 $473,644.64
24 $26,102.87 $56,455.00 $417,189.64
25 $22,724.53 $59,833.34 $357,356.30
26 $19,144.04 $63,413.83 $293,942.47
27 $15,349.28 $67,208.59 $226,733.88
28 $11,327.44 $71,230.43 $155,503.46
29 $7,064.93 $75,492.94 $80,010.52
30 $2,547.35 $80,010.52 $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 Plaza del Cerro Chimayo, NM


1500 sqft3900 sqft
Ø selling price$496,987$1,057,227
Ø fast selling$451,807$951,505
Ø high price sale$542,168$1,162,950

In 2026, houses in Plaza del Cerro Chimayo, NM will be offered at an average price of $282 per square foot. A 1,500 sqft home priced at $496,987 is 22.33% more expensive per square foot than a 3,900 sqft home priced at $1,057,227. Home prices in Plaza del Cerro Chimayo, NM vary significantly depending on the property’s condition and exact location. For a quick sale, a 2,700 sqft home should be listed at around $731,927. Sellers who can wait longer may achieve a higher price of up to $894,577.


Plaza del Cerro in Chimayó, New Mexico

The Plaza del Cerro in Chimayó, New Mexico is a rare, intact Spanish colonial community plaza that anchors this historic village.

History and Significance

Established in the late 1700s, the plaza once served as a fortified gathering place for settlers in the upper Río Grande valley.

Today it stands as a testament to Northern New Mexico heritage and is recognized for its cultural and historical importance.

Architecture and Setting

Encircling homes and walls of traditional adobe architecture form a nearly complete square, reflecting the defensive design of early New Mexican settlements.

Shaded by cottonwoods and fed by local acequias, the setting highlights the agrarian lifeways that shaped everyday life in Rio Arriba County.

Walking the lanes reveals hand-plastered facades, wooden portals, and views toward the Sangre de Cristo foothills that frame Chimayó.

Culture, Arts, and Community

The plaza connects visitors to renowned Chimayó weaving traditions, red chile cultivation, and multi-generational community events.

Artisans? studios and seasonal gatherings nearby showcase living culture alongside the area?s deep spiritual roots.

Travel Tips and Nearby Attractions

Travelers often pair a visit to Plaza del Cerro with the pilgrimage site of El Santuario de Chimayó, local eateries, and scenic drives along the High Road to Taos.
For an authentic experience, arrive early, respect private residences, and linger to appreciate the quiet rhythm of this historic Spanish colonial plaza.



FAQ – Home Values in Plaza del Cerro Chimayo

What is the median home value in Plaza del Cerro Chimayo in 2026?

In 2026, the typical home value in Plaza del Cerro Chimayo is about $1,169,223 for an average home size of 4029 square feet. This corresponds to an average price of roughly $282 per square foot.

What is the average cost per square foot in Plaza del Cerro Chimayo?

In 2026, homes in Plaza del Cerro Chimayo sell for an average of around $282 per square foot, with a typical range between $267.9 and $296.1 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Plaza del Cerro?

The average home size in Plaza del Cerro Chimayo is about 4029 square feet, with an estimated 2026 value around $1,169,223.



Neighborhoods close to Plaza del Cerro Chimayo, NM

La Huerta Carlsbad, NM110 $ / ft²
Zia Crossing Hobbs, NM121 $ / ft²
Canyon Hills Alamogordo, NM129 $ / ft²
Downtown Gallup Gallup, NM133 $ / ft²
Enchanted Hills Rio Rancho, NM161 $ / ft²




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