Chama, NM housing market
The typical Chama home is worth about $321,000, about the same as a year ago, close to the New Mexico typical home.
Home values, sales, trends and how Chama compares with the towns next door — updated as new data is published.
Chama at a glance
Only 1 sale in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2018–2026
Show as a table
| January | Chama | New Mexico |
|---|---|---|
| 2019 | $216,000 | $193,000 |
| 2020 | $229,000 | $205,000 |
| 2021 | $257,000 | $229,000 |
| 2022 | $296,000 | $263,000 |
| 2023 | $302,000 | $287,000 |
| 2024 | $311,000 | $302,000 |
| 2025 | $323,000 | $313,000 |
| 2026 | $330,000 | $315,000 |
| August 2026 | $321,000 | $318,000 |
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $970
HUD's Fair Market Rent for a two-bedroom in Chama is $970 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Chama pay a median of $570, so moving in tends to cost more than staying put.
Studio $740 · 4 bedrooms $1,440
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (87520; Rio Arriba County, NM), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.