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CHAPARRAL, NM 88081

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

Market Analysis

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

The CHAPARRAL, NM real estate market (88081) currently shows 26 active listings, with 15 pending sales. Homes are averaging 36 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 selling faster, averaging 36 days on market compared to 74 days last year.

The median listing price has fallen 0.3% year-over-year, from $307,000 to $305,950.

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
26
⇩ 16.1% vs 31 last year
Pending
15
58% pending ratio
Median Price
$305,950
⇩ 0.3% vs $307,000 last year
Average Price
$326,511
⇩ 8.1% vs $355,144 last year
Days on Market
36
⇩ 51.4% vs 74 days last year

Price Per Square Foot

Median $/sqft
$187
⇧ 7.5% vs $174/sqft last year
Median Home Size
1,760 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 26 this year vs 31 last year
  • Days on market: 36 now vs 74 last year

Median & Average Pricing

Year over Year
  • Median: $305,950 (-0.3% YoY)
  • Average: $326,511 (-8.1% 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 33.3 miles — 1,428 listings ($460,444,265 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
88081Chaparral, NM 880810.0 mi24$7,756,512$290,987$323,188
88072Vado, NM 8807220.4 mi1$139,000$139,000$139,000
88048Mesquite, NM 8804822.7 mi6$1,929,600$274,950$321,600
88024Berino, NM 8802423.1 mi2$697,000$348,500$348,500
79924El Paso, TX 7992425.1 mi199$41,407,323$195,433$208,077
79911El Paso, TX 7991126.1 mi110$62,907,570$535,200$571,887
88001Las Cruces, NM 8800127.3 mi104$25,567,984$229,025$245,846
79835Canutillo, TX 7983528.2 mi16$6,100,304$307,850$381,269
88046Mesilla, NM 8804629.7 mi10$8,446,110$725,000$844,611
79938El Paso, TX 7993830.8 mi790$260,099,600$313,738$329,240
79925El Paso, TX 7992531.5 mi66$17,522,142$253,625$265,487
79930El Paso, TX 7993032.1 mi55$17,112,700$236,000$311,140
79903El Paso, TX 7990333.3 mi45$10,758,420$222,475$239,076

Frequently Asked Questions

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

As of April 2026, there are 26 active listings in CHAPARRAL, NM (zip code 88081), compared to 31 the prior year.

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

The median listing price in CHAPARRAL, NM 88081 is $305,950 as of April 2026, a 0.3% decrease from $307,000 the prior year.

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

Homes in CHAPARRAL, NM 88081 spend an average of 36 days on the market before going under contract, compared to 74 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 April 2026, CHAPARRAL, NM 88081 is currently a Seller's Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 36 days on market compared to 74 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 $6,119 compared to a typical 5% commission on the median listing price of $305,950. 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.