Zip 87520 (Chama, NM) Housing

Housing in the 87520 Chama, NM area has seen a dramatic appreciation in value over the past year, with homes appreciating at 15.22%. This is significantly higher than the national average of 8.27%, making it an attractive location for potential buyers. The median house value currently stands at $284,100, significantly lower than the national median house value of $338,100. The large appreciation rate combined with an affordable median house value makes 87520 Chama, NM a great location for people looking to invest in housing.

The median home cost in Chama (zip 87520) is $284,100. Home appreciation the last 10 years has been 87.6%. Home Appreciation in Chama (zip 87520) is up 15.7%.

Average Age of Homes

- The median age of Chama (zip 87520) real estate is 35 years old

The Rental Market in Chama (zip 87520)

- Renters make up 9.6% of the Chama (zip 87520) population
- 0.9% of houses and apartments in Chama (zip 87520), 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	Chama, New Mexico	United States
	1,139.0	139,647,020.0
	30	42
	$284,100	$338,100
	15.7%	16.6%
	62.5%	57.0%
	87.6%	101.1%
	$4.71	$10.98
	$1,173	$2,690
	42.7%	57.4%
	50.1%	11.2%
	7.2%	31.4%
Vacant Housing
	0.9%	1.9%
	0.0%	0.4%
	1.2%	0.7%
	2.7%	0.4%
	33.5%	3.6%
	11.9%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	6.8%	2.4%
	0.4%	2.8%
	3.9%	3.9%
	4.7%	4.5%
	17.7%	11.3%
	22.6%	13.0%
	15.2%	20.1%
	9.1%	13.6%
	6.8%	8.3%
	6.8%	9.7%
	0.0%	3.9%
	6.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	15.5%	13.6%
	15.5%	13.6%
	25.5%	13.6%
	7.3%	13.2%
	12.6%	14.8%
	25.5%	13.6%
	4.5%	10.0%
	2.2%	4.7%
	7.2%	12.2%

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