$450,000
- 2 bd
- 2 ba
- 3,626 sqft
5009 Smith Ave
Chaves County, NM Housing Market
$171,293
0.4% 1-yrThe average Chaves County, NM home value is $171,293, up 0.4% over the past year, and homes go to pending in around 36 days. (Updated on )
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Chaves County Key Takeaways
Typical Home Values: $171,293
1-Year Value Change: +0.4%
(Data through September 30, 2026)
Chaves County Housing Market Overview
1-Year Market Forecast: --
For Sale Inventory: 227 ()
New Listings: 62 ()
Median Sale to List Ratio: 0.984 ()
Median Sale Price: $230,198 ()
Median List Price: $241,333 ()
Percent of Sales Over List Price: 15.0% ()
Percent of Sales Under List Price: 59.0% ()
Median Days to Pending: 36 ()
(Metric availability is based on market coverage and data, housing data available for download in the Housing Data page)
How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Move forward with a local partner
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact on your credit score.
An equal housing lender. NMLS #10287.
Chaves County Rental Market Trends
Average Rent: $1,263 ()
National Average Rent: $1,932 ()
Month-Over-Month Change: 0.6% ()
Year-Over-Year Change: 7.5% ()
How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are current home values in Chaves County, NM?
The median home value in Chaves County, NM is $171,293 as of September 2026. This represents a 0.4% decrease compared to last month and a 0.4% increase year-over-year.
How do home values in Chaves County, NM compare to New Mexico and the national average?
The median home value in Chaves County, NM ($171,293) compares to New Mexico ($315,812) and the U.S. national median ($366,157).
What are the top cities in Chaves County, NM by home value?
The cities with the highest median home values in Chaves County, NM include: Roswell ($175,148), Dexter ($140,099). These cities represent the most expensive areas within the county.
