44Alpha

Chaves County, NM Housing Market Brief

county · NM · as of August 2026

Balanced

What is Chaves County, NM’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
+7.451
Inventory Health25%
+9.152
Affordability20%
-20.632
Economic Strength20%
19
Rental Yield15%
-10.572

Where is Chaves County, NM in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Chaves County, NM is classified as Mature holding near a healthy peak. This is a classification of recent (1–12 month) momentum, not a price forecast.

Chaves County, NM housing market data

MetricValueYoY
Median Sale Price$257K▲ +8.8%
Median Days on Market43 days▲ +4.9%
Months of Supply3.5▲ +20.7%
Homes for Sale163▲ +3.8%
Homes Sold48-14.3%
Median Price / Sq Ft$149▲ +12.8%

How has Chaves County, NM’s Alpha Score moved?

Now: 44
12-period trend
Median sale price · 12 mo

Markets like Chaves County, NM

Frequently asked questions

Is Chaves County, NM a buyer's or seller's market?

As of August 2026, Chaves County, NM is classified as a Balanced Market, based on its Alpha Score of 44 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Chaves County, NM?

The median sale price in Chaves County, NM is $257K, having risen 8.8% over the past year.

How affordable is Chaves County, NM?

Chaves County, NM scores 32 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other counties.

What's driving Chaves County, NM's Alpha Score?

Chaves County, NM's strongest dimension is Rental Yield (72/100) and its weakest is Economic Strength (19/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Chaves County, NM? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.