Chaparral, NM is a great place to live if you're looking for affordable housing. The median value of homes in Chaparral is $125,500, which is significantly lower than the US median value of $338,100. Furthermore, the 1 year appreciation rate for houses in Chaparral is 16.79%, which is higher than the national rate of 8.27%. This makes buying a house in Chaparral an increasingly attractive option for many potential homeowners looking for good deals on property with excellent potential for growth.
The median home cost in Chaparral is $125,500. Home appreciation the last 10 years has been 65.2%. Home Appreciation in Chaparral is up 18.3%.
Average Age of Homes
- The median age of Chaparral real estate is 29 years old
The Rental Market in Chaparral
- Renters make up 17.1% of the Chaparral population
- 0.0% of houses and apartments in Chaparral, 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.