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Short Sale Listings in Chaparral, NM

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Chaparral, NM Foreclosures

How much do homes sell for in Chaparral, NM?
The average home price is currently $198,853.
In Chaparral, NM, how many homes are available?
There are currently 5 active home listings available in Chaparral.
What’s the average rental cost in Chaparral, NM?
The average rental price in Chaparral is $883.
What is the most expensive home in Chaparral?
The most expensive home sold in Chaparral had a price of $1,201,849.
What is currently the cheapest priced home in Chaparral, NM?
The cheapest home for sale in Chaparral is priced at $13,816.

Living in Chaparral, NM

Chaparral, NM is a quaint community known for its peaceful atmosphere and accessibility to the vibrant El Paso area. Residents enjoy a relaxed lifestyle with beautiful desert landscapes surrounding them, making it ideal for families and outdoor enthusiasts alike.

Current Market Conditions in Chaparral, NM

The current real estate market in Chaparral is characterized by increasing demand as more people seek affordable housing options near El Paso. With its low median home prices compared to surrounding areas, Chaparral has become an attractive option for first-time homebuyers and those looking for investment properties.

As the population grows, the real estate market is seeing a trend towards new constructions and renovations of older homes. This shift indicates a stabilizing market as more people discover the benefits of living in this charming area.

Home Value Estimator For Chaparral, NM

There are currently 2,516 real estate properties in Chaparral, NM, with a median automated valuation model (AVM) price of $172,529.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Chaparral, NM, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Chaparral, NM, is $198,853.00, with the most expensive house in Chaparral, NM, topping out at $1,201,849.00 and the cheapest home in Chaparral, NM, clocking in at $13,816.00. In other words, there’s something for every potential homebuyer or savvy investor in Chaparral, NM!

Rent Prices In Chaparral, NM

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Chaparral, NM, is on a rollercoaster ride. The average rent price in Chaparral, NM, is $883.00. Indeed, when looking to rent in Chaparral, NM, you can expect to pay as little as $480.00 or as much as $2,670.00, with the average rent median estimated to be $840.00. The good news is that finding an affordable and desirable property to rent in Chaparral, NM -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Chaparral, NM Short Sale Listings


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