Is Chamisal, NM 87521 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Chamisal is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Chamisal housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Rio Arriba County, NM

Population	1,261
Median income	$39,718
Average income	$75,793
Median home value	$218,600
Median rent	$945/month
Owner-occupied	87% of homes
Median year built	1972

Natural hazard riskWildfire (relatively high), winter storms (relatively high)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 87521; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 87521

Prefilled for 87521Can I win this house?Multiple-offer likelihood for a listing Prefilled for 87521Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Abiquiu 87510Buyer’s market $209 /sq ft Alcalde 87511 — /sq ft Blanco 87412Buyer’s market $156 /sq ft Canjilon 87515 — /sq ft Browse all markets →

Towns like Chamisal nearby

Find towns like Chamisal in other states →

Penasco, NM87553 · 3 miles away69% similar11 min shorter commute Pecos, NM87552 · 39 miles away45% similarlarger · younger residents Chimayo, NM87522 · 15 miles away44% similarlarger · 17 min shorter commute Vadito, NM87579 · 9 miles away33% similarhigher income ($27K more) · cheaper homes ($64K less)

Where Chamisal is

Loading map…

Questions about Chamisal real estate

What are property taxes in Chamisal?

About 0.42% of a home’s value a year in Rio Arriba County, or roughly $1,680 on a $400,000 home.

Local agents

See all agents in 87521 →

No sponsored agents in 87521 yet. Are you an agent here? Put your name in front of local buyers.

Save this ZIP (free account)

More tools for 87521

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Rio Arriba County property taxes Rio Arriba County loan limits Closing costs in New Mexico Hottest ZIP codes in New Mexico

Add this to your website

Free to use. Paste this code where you want the live widget to appear. It updates automatically. More widgets

JavaScript (recommended) iframe only

<div class="offerbacked-widget" data-widget="zip" data-zip="87521"><a href="https://offerbacked.com/market/87521">Chamisal, NM 87521 housing market data from OfferBacked</a></div>
<script async src="https://offerbacked.com/widget.js"></script>

Sizes itself to fit. If your site builder removes scripts, use “iframe only”.

Preview Dark version

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology