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Foreclosures in Chama, NM

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15 Brazos-rd-Chama-NM-87520
Foreclosure
$210,000 List Price

Brazos Rd
Chama, NM 87520

3 Bed | 2 Bath

24 Nm-st-hwy-17-Chama-NM-87520
Foreclosure
$725,000 List Price

Nm St Hwy 17
Chama, NM 87520

15 Hwy-95-Chama-NM-87520
Fixer Upper
$200,000 List Price

Hwy 95
Chama, NM 87520

41 Camino-escondito-Chama-NM-87520
Fixer Upper
$63,000 List Price

Camino Escondito
Chama, NM 87520

3 Bed | 2 Bath

Displaying 1 - 4 of 4
 

Foreclosure Homes in Chama, NM

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Chama, NM area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Chama, NM and much more. Save thousands at closing with home foreclosure listings in Chama, NM — up to 75% off market value!


Top Reasons To Live In Chama, NM In 2021

Chama is located in Rio Arriba, New Mexico, with an estimated municipal population of 992 residents. All of the best foreclosed homes for sale in Chama are located in the following zip code areas on Foreclosure.com: 87520. The estimated population per square kilometer (.62 miles) in Chama is 143.


Cost Of Living In Chama, NM

So, about how much do homes cost in Chama? The most recent median value of resident-owned homes in Chama is 165,025. An estimated 84.1 percent of households in Chama own their homes, with an average family size of 4.16. The median household income in Chama is 35,357, with3.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Chama, the median commute time of resident workers (in minutes) is 25.5. And last, but certainly not least, are you looking for homes to rent in Chama? If so, the average rent price paid by renters in Chama is 741, according to recent statistics.


Diversity And Demographics In Chama, New Mexico

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Chama, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Chama is 48.5, split between 48.4 percent male versus 51.6 female. The percentage of residents who report being married in Chama is 31.3, with an average family size of 4.16.

The percentage of residents who report their race in Chama is as follows:

White 29.4%
Black / African American 3.7%
Asian 0%
American Indian / Alaskan Native 12.5%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0%
Other 54.4%

Looking for family-friendly neighborhoods in and/or near Chama? Or maybe you are searching for 55+ active adult communities in and/or near Chama?

The percentage of residents who report their age in Chama is as follows:

Under 10 8.3%
Aged 10-19 10.2%
20s 6.6%
30s 15.3%
40s 13.2%
50s 16.3%
60s 17.6%
70s 8.8%
80+ 3.6%

Best Schools In Chama, New Mexico

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Chama with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Chama.


Pros And Cons Of Living In Chama, New Mexico

How do you know that living in -- or moving to -- Chama is right where you need to be? Perhaps you grew up in Chama or already live nearby; therefore, the decision to buy a home in Chama is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Chama for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Chama:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Chama.


Reasons To Move To Chama, New Mexico, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Chama can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Chama, meanwhile, can field multiple offers from more qualified buyers.

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Listing types in Chama, NM

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