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Land and home values in Chaparral, NM

Chaparral is a census-designated community in Doña Ana County, New Mexico, home to about 18,186 people. Residential land runs about $3.15 per sq ft, the typical home is worth about $114,000, and a 2-bedroom rents for about $1,030 a month, as of October 12, 2026.

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Values in Chaparral

Land: residential$3.15per sq ft
Land: residential$137,432per acre
Land: quarter-acre lot$34,35810,890 sq ft
Home: typical (median)$114,000value
Home: entry-level$56,100lower quartile
Home: upper-end$194,000upper quartile
Build new$177per sq ft, no land
Rent: 1-bedroom$894per month
Rent: 2-bedroom$1,030per month
Rent: 3-bedroom$1,420per month
Rent: 4-bedroom$1,660per month
Gross yield, 2-bed10.8%a year

Questions people ask

How much is land worth in Chaparral, NM?

Residential land in Chaparral, NM is about $3.15 per square foot, or $137,432 an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $34,358. Smaller lots sell for more per square foot and large tracts for less.

What is the typical home value in Chaparral, NM?

The typical (median) home in Chaparral, NM is worth about $114,000, with entry-level homes around $56,100 and upper-end homes around $194,000, as of October 2026.

How much is rent in Chaparral, NM?

A 2-bedroom rents for about $1,030 a month in Chaparral, NM, a 1-bedroom about $894 and a 3-bedroom about $1,420 (gross rent including utilities, HUD Fair Market Rent basis).

Is this an appraisal?

No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.

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