Chaves County, NM Housing Market Brief
county · NM · score computed October 2026
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.
Population band 4 of 5 (population 39,232–102,612) · comparable within its band
Where is Chaves County, NM in its market cycle?
Chaves County, NM is classified as Declining — cooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.
What’s the forecast for Chaves County, NM?
County-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.
Chaves County, NM housing market data
| Metric | Value | YoY | Source |
|---|---|---|---|
| Median Sale Price | $209K | ▼ -16.6% | Redfin |
| Median Days on Market | 56 days | ▲ +64.7% | Redfin |
| Months of Supply | 5.1 | ▲ +41.7% | Redfin |
| Homes for Sale | 215 | ▲ +25% | Redfin |
| Homes Sold | 42 | ▼ -12.5% | Redfin |
| Median Price / Sq Ft | $133 | ▼ -13.6% | Redfin |
How has Chaves County, NM’s Alpha Score moved?
Markets like Chaves County, NM
- Scott County, TN, TNcounty35
- Carter County, OK, OKcounty40
- Comanche County, OK, OKcounty41
- Columbus County, NC, NCcounty39
- McIntosh County, OK, OKcounty34
- Pittsylvania County, VA, VAcounty43
- Grenada County, MS, MScounty48
- Muskogee County, OK, OKcounty43
- Iosco County, MI, MIcounty44
- Cass County, TX, TXcounty42
Frequently asked questions
Is Chaves County, NM a buyer's or seller's market?
In the scores computed October 2026, Chaves County, NM is classified as a Buyer's Market, based on its Alpha Score of 39 out of 100. The classification reflects current price, building, 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 $209K, having fallen 16.6% over the past year, according to Redfin.
How affordable is Chaves County, NM?
Chaves County, NM scores 49 out of 100 on affordability — moderately affordable 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 (20/100). 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.