Chaves County, NM Home Values & Market Trends
The median home price in Chaves County, NM is $220,000. There were 801 home sales in Chaves County, NM over the past 12 months. The median residential Chaves County, NM home value for transactions over the previous year is $147,638. The number of current listings in Chaves County, NM is 734, and the percentage of properties for sale is 734.00%. The county has 42 foreclosures, 11 bank owned properties, 4 headed for auction, and 734 properties for sale.
Chaves County, NM Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Roswell | $ 220,000 $ 134/sqft | Hagerman | $ 165,855 $ 67/sqft |
| Dexter | $ 300,000 $ 151/sqft | Lake Arthur | $ 156,561 $ 58/sqft |
Housing Market Summary for Chaves County, NM
| Oct 2025 | October 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $150K | $175K | 16.67% |
| Median Sold Price | $173.9K | $137.4K | -20.96% |
| Homes For Sale | 565 | 734 | 29.91% |
| Homes Sold | 378 | 637 | 68.52% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Chaves County, NM
Browse Homes in Chaves County, NM
Chaves County, NM home values range from $20,000 to $1,295,000. Roswell is the priciest city with a median listing home price of $175,000, and Dexter is most affordable with average house prices of around $150,000.
- Pre-ForeclosurePre-foreclosure homes account for 1.87% of all residential properties in Chaves County, NM with Roswell containing 26 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 4 cities within Chaves County, NM; of those cities, the estimated home value for pre-foreclosure homes ranges from $546,533 in Roswell to the lowest home value of $89,374 in Hagerman.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Chaves County, NM ranges from the highest value of $615,635 in Roswell to the lowest value of $35,051 in Roswell. Bank owned homes and properties account for 0.76% of properties in Chaves County, NM. There are 4 cities within Chaves County, NM; Roswell containing 11 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsRoswell has 4 auction properties, the highest number of properties going to auction in a single city in the state of Chaves County, NM. Auction homes and other auction properties account for 0.28% of all properties in Chaves County, NM. There are 4 cities within Chaves County, NM; of those cities, the median estimated home value for homes going to auction ranges from $334,591 in Roswell to the lowest value of $84,333 in Roswell.
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More Real Estate Resources for Chaves County, NM
Guide for Chaves County, NM
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
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