Housing · Chimayo

Chimayo, NM housing market

The typical Chimayo home is worth about $325,000, up 12.6% in a year, close to the New Mexico typical home.

Home values, sales, trends and how Chimayo compares with the towns next door — updated as new data is published.

The market right now

Chimayo at a glance

Typical home value
$325K
▲ 12.6% in a year · Zillow
Median sale price
$430K
May 2026 · Redfin
Homes sold
1
in May · 1 for sale

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.

Ten-year trend

Typical home value, 2018–2026

ChimayoNew Mexico
$175K$200K$225K$250K$275K$300K$325K 2020202220242026 Chimayo $325K New Mexico $318K
Show as a table
JanuaryChimayoNew Mexico
2019$215,000$193,000
2020$229,000$205,000
2021$266,000$229,000
2022$274,000$263,000
2023$288,000$287,000
2024$302,000$302,000
2025$300,000$313,000
2026$306,000$315,000
August 2026$325,000$318,000
Nearby

Chimayo and its neighbors

The towns that share a border. Tap one to see its housing page.
TownTypical value1-yr change2-bed rentMedian income
Chimayo $325K +12.6% $1,470 $56,484
La Puebla — +7.2%† $1,470 —

† FHFA price index change, where Zillow has no home value for the town.

Affordability

5.7 years of income

The typical Chimayo home costs about 5.7 years of the town's median household income, more than across New Mexico (5 years).

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
77.8%
New Mexico: 70%
Median tax bill
$822
New Mexico: $1,731
Median rent
$873
New Mexico: $1,067
Typical home built
1979
New Mexico: 1985

U.S. Census Bureau, ACS 2020-2024.

Renting

A two-bedroom rents for about $1,470

HUD's Fair Market Rent for a two-bedroom in Chimayo is $1,470 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Chimayo pay a median of $873, so moving in tends to cost more than staying put. A two-bedroom takes about 31% of the town's median household income, above the 30% guideline for affordable housing.

1 bedroom
$1,240
a month, with utilities
2 bedrooms
$1,470
a month, with utilities
3 bedrooms
$1,860
a month, with utilities
Share of income
31%
2 bedrooms ÷ median income

Studio $1,120 · 4 bedrooms $1,950

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (87522; Santa Fe, NM MSA), 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.

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Chimayo

New Mexico · NM
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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/19 · 2025-01-01