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CHAPARRAL, NM 88081

Real Estate Market Report  ·  Otero County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
23
⇩ 4.2% vs 24 last year
Pending
8
35% pending ratio
Median Price
$290,475
⇩ 7.8% vs $314,950 last year
Average Price
$319,241
⇩ 17.8% vs $388,434 last year
Days on Market
56
⇩ 58.5% vs 135 days last year

Market Context

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

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

Market Analysis

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

The CHAPARRAL, NM real estate market (88081) currently shows 23 active listings, with 8 pending sales. Homes are averaging 56 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 56 days on market compared to 135 days last year.

The median listing price has fallen 7.8% year-over-year, from $314,950 to $290,475.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 23 this year vs 24 last year
  • Days on market: 56 now vs 135 last year

Median & Average Pricing

Year over Year
  • Median: $290,475 (-7.8% YoY)
  • Average: $319,241 (-17.8% 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

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 January 2026, there are 23 active listings in CHAPARRAL, NM (zip code 88081), compared to 24 the prior year.

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

The median listing price in CHAPARRAL, NM 88081 is $290,475 as of January 2026, a 7.8% decrease from $314,950 the prior year.

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

Homes in CHAPARRAL, NM 88081 spend an average of 56 days on the market before going under contract, compared to 135 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 January 2026, CHAPARRAL, NM 88081 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 56 days on market compared to 135 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 $5,810 compared to a typical 5% commission on the median listing price of $290,475. 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.