Home › Counties › Chaves County, NM
The median home value in Chaves County, NM is $172,854 as of 2026-08-31, up 0.81% from a year earlier.
Median Home Value
$172,854
Year-over-Year
+0.81%
National Rank
#2310 of 3071
Chaves County ranks 22nd out of 30 counties in NM by median home price, and is -26.5% below the U.S. national median of $235,072. Within NM, the typical county has a median home value of $223,584, making Chaves County -22.7% below the NM state median.
The typical home value decreased by 1.3%, from $175,148 in May 2026 to $172,854 in Aug 2026.
Monthly Zillow Home Value Index snapshots retained by HomePriceMap. A short history is shown now and grows automatically as each new monthly release arrives.
| Month | Typical home value | Year-over-year change |
|---|---|---|
| May 2026 | $175,148 | -0.3% |
| Jun 2026 | $171,685 | +0.4% |
| Jul 2026 | $173,571 | +0.7% |
| Aug 2026 | $172,854 | +0.8% |
Households here earn a median of $52,938 a year against a typical home value of $172,854 — a price-to-income ratio of 3.3×, above the 3× level usually considered comfortable, but below 5×. That is less affordable than roughly 36% of U.S. counties. (How this is calculated.)
Reporting agencies in Chaves County recorded a violent crime rate of 848 per 100,000 residents in 2024 — higher than most counties nationally. Property crime runs at 2,509 per 100,000.
Based on 1 reporting city covering 46,677 residents (FBI UCR data — what this covers).
The median home value in Chaves County is $172,854. That's up 0.81% from a year earlier. That is about 26.5% below the U.S. national county median of $235,072, and makes Chaves County the 22nd most expensive of 30 counties in New Mexico.
Median household income here is $52,938, so a typical home costs about 3.3× annual household earnings — moderately expensive compared with other U.S. counties.
Reporting police departments in Chaves County recorded 848 violent crimes per 100,000 residents. That figure covers 46,677 residents across 1 reporting city, so it reflects the county's incorporated areas rather than every community within its borders.
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