Chimayo, NM Housing

The housing market in Chimayo, NM is currently thriving. The median value of a house in Chimayo, NM is $252,000 which is significantly lower than the US median of $338,100. Despite the lower cost, the 1 year appreciation rate in Chimayo, NM is 15.22%, which significantly outpaces the US average of 8.27%. This high appreciation rate indicates that buying a house in Chimayo, NM would be a great investment opportunity for those looking to purchase real estate in the area.

The median home cost in Chimayo is $252,000. Home appreciation the last 10 years has been 87.6%. Home Appreciation in Chimayo is up 15.7%.

Average Age of Homes

- The median age of Chimayo real estate is 39 years old

The Rental Market in Chimayo

- Renters make up 21.9% of the Chimayo population
- 0.0% of houses and apartments in Chimayo, 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	Chimayo, New Mexico	United States
	1,574.0	139,647,020.0
	43	42
	$252,000	$338,100
	15.7%	16.6%
	62.5%	57.0%
	87.6%	101.1%
	$4.06	$10.98
	$719	$2,690
	67.1%	57.4%
	22.8%	11.2%
	10.1%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	1.6%	0.7%
	0.0%	0.4%
	7.8%	3.6%
	13.4%	4.1%
Value of Owner-Occupied Housing
	1.1%	2.6%
	4.3%	2.4%
	2.3%	2.8%
	2.2%	3.9%
	2.9%	4.5%
	8.7%	11.3%
	36.1%	13.0%
	36.2%	20.1%
	3.8%	13.6%
	0.0%	8.3%
	2.5%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	9.9%	13.6%
	9.9%	13.6%
	16.8%	13.6%
	18.9%	13.2%
	19.4%	14.8%
	16.8%	13.6%
	15.3%	10.0%
	1.7%	4.7%
	9.3%	12.2%

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