
Chaparral, NM Housing Market
$228,579
2.1% 1-yrThe average Chaparral, NM home value is $228,579, down 2.1% over the past year. (Updated on )
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Chaparral Key Takeaways
Typical Home Values: $228,579
1-Year Value Change: -2.1%
(Data through August 31, 2026)
Chaparral Housing Market Overview
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Neighborhoods in Chaparral
- NameMedian ZHVI
- North Hills$281,723
- Sandstone Ranch Estates$277,608
- Northeast$207,130
- Northwest$351,879
- Castner Heights$238,973
- Irvin View Pointe$178,646
- Sunrise$221,908
- Mountain View$166,607
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
Chaparral Rental Market Trends
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are current home values in Chaparral, NM?
The median home value in Chaparral, NM is $228,579 as of August 2026. This represents a 0.3% decrease compared to last month and a 2.1% decrease year-over-year.
How have home values changed in Chaparral, NM?
Home values in Chaparral, NM have decreased by 0.3% month-over-month and 2.1% year-over-year.
How do home values in Chaparral, NM compare to Dona Ana County, New Mexico, and the national average?
The median home value in Chaparral, NM ($228,579) compares to: Dona Ana County ($287,946), New Mexico ($318,241), and the U.S. national median ($368,697).



