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CHAPARRAL, NM 88081

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The CHAPARRAL, NM real estate market (88081) currently shows 24 active listings, with 14 pending sales. Homes are averaging 71 days on the market before going under contract.

Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 71 days on market compared to 42 days last year.

The median listing price has fallen 5.1% year-over-year, from $306,488 to $290,987.

Whether you are buying or selling in CHAPARRAL, NM, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 17,183  ·  Density: 17.6/mi²  ·  Median household income: $44,219

Typical home value: $90,659  ·  Homeownership: 70.7%

Market Overview

Active Listings
24
⇩ 17.2% vs 29 last year
Pending
14
58% pending ratio
Median Price
$290,987
⇩ 5.1% vs $306,488 last year
Average Price
$323,188
⇩ 8% vs $351,208 last year
Days on Market
71
⇧ 69% vs 42 days last year

Price Per Square Foot

Median $/sqft
$176
⇧ 6.7% vs $165/sqft last year
Median Home Size
1,772 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 24 this year vs 29 last year
  • Days on market: 71 now vs 42 last year

Median & Average Pricing

Year over Year
  • Median: $290,987 (-5.1% YoY)
  • Average: $323,188 (-8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 33.4 miles — 920 listings ($379,820,658 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
88081Chaparral, NM 880810.0 mi23$7,342,543$290,475$319,241
79934El Paso, TX 7993422.3 mi216$61,884,432$280,975$286,502
88052Organ, NM 8805223.0 mi3$510,000$170,000$170,000
88058San Miguel, NM 8805824.9 mi1$230,000$230,000$230,000
88047Mesilla Park, NM 8804725.1 mi5$1,912,250$382,450$382,450
79821Anthony, TX 7982126.2 mi31$10,257,249$287,450$330,879
88027Chamberino, NM 8802727.3 mi1$213,500$213,500$213,500
79904El Paso, TX 7990429.3 mi60$15,666,660$229,000$261,111
88032Dona Ana, NM 8803230.4 mi3$1,162,500$387,500$387,500
79912El Paso, TX 7991231.2 mi187$94,819,472$412,000$507,056
79932El Paso, TX 7993231.8 mi198$126,944,730$579,950$641,135
79936El Paso, TX 7993632.9 mi165$50,646,750$249,950$306,950
79935El Paso, TX 7993533.4 mi27$8,230,572$250,000$304,836

Frequently Asked Questions

How many homes are for sale in CHAPARRAL, NM 88081?

As of February 2026, there are 24 active listings in CHAPARRAL, NM (zip code 88081), compared to 29 the prior year.

What is the median home price in CHAPARRAL, NM 88081?

The median listing price in CHAPARRAL, NM 88081 is $290,987 as of February 2026, a 5.1% decrease from $306,488 the prior year.

How long do homes stay on the market in CHAPARRAL, NM?

Homes in CHAPARRAL, NM 88081 spend an average of 71 days on the market before going under contract, compared to 42 days the prior year.

Is it a seller's or buyer's market in CHAPARRAL, NM 88081?

Based on current inventory and days-on-market data as of February 2026, CHAPARRAL, NM 88081 is currently a Balanced Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 71 days on market compared to 42 days last year.

How much can I save on real estate commission in CHAPARRAL, NM?

With SELL123.com's maximum 3% commission, sellers in CHAPARRAL, NM 88081 save an estimated $5,820 compared to a typical 5% commission on the median listing price of $290,987. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.