Zip 88081 (Chaparral, NM) Housing

The housing market in 88081 Chaparral, NM is extremely healthy and growing. The median value of a house in the area is $171,200, considerably lower than the US median value of $338,100. However, it has seen an impressive appreciation rate over the past year of 16.79%, higher than the US average of 8.27%. This suggests that 88081 Chaparral is becoming increasingly desirable as a place to live, and homeowners can expect to see significant increases in market value over time if they choose to buy there.

The median home cost in Chaparral (zip 88081) is $171,200. Home appreciation the last 10 years has been 65.2%. Home Appreciation in Chaparral (zip 88081) is up 18.3%.

Average Age of Homes

- The median age of Chaparral (zip 88081) real estate is 29 years old

The Rental Market in Chaparral (zip 88081)

- Renters make up 17.1% of the Chaparral (zip 88081) population
- 0.0% of houses and apartments in Chaparral (zip 88081), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Chaparral, New Mexico	United States
	5,378.0	139,647,020.0
	31	42
	$171,200	$338,100
	18.3%	16.6%
	57.5%	57.0%
	65.2%	101.1%
	$6.73	$10.98
	$554	$2,690
	53.6%	57.4%
	23.0%	11.2%
	23.4%	31.4%
Vacant Housing
	0.0%	1.9%
	1.1%	0.4%
	0.0%	0.7%
	3.8%	0.4%
	5.0%	3.6%
	13.2%	4.1%
Value of Owner-Occupied Housing
	17.4%	2.6%
	1.5%	2.4%
	9.6%	2.8%
	19.2%	3.9%
	12.9%	4.5%
	14.4%	11.3%
	15.3%	13.0%
	7.9%	20.1%
	1.5%	13.6%
	0.2%	8.3%
	0.0%	9.7%
	0.2%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	8.4%	13.6%
	8.4%	13.6%
	34.8%	13.6%
	32.4%	13.2%
	17.5%	14.8%
	34.8%	13.6%
	0.2%	10.0%
	0.0%	4.7%
	0.0%	12.2%

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