Is Chimayo, NM 87522 a buyer’s or seller’s market?
Chimayo is a seller’s market. With about 3.2 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Chimayo housing market right now
In the three months ending August 31, 2026, 0% of homes in Chimayo, NM 87522 sold above their list price, the typical home went under contract in 67 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 1 sale, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (70 days then) and the median sale price fell 31% to $222,854. Overall, Chimayo is about as competitive as it was a year ago.
Within Santa Fe County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.
Nearby, Edgewood 87015 (14% sold over asking) and Lamy 87540 (10% sold over asking) are even more competitive.
Run the numbers for 87522
Nearby markets
Cerrillos 87010Buyer’s market $208 /sq ftEdgewood 87015Seller’s market $251 /sq ftGlorieta 87535Buyer’s market $303 /sq ftLamy 87540Balanced $400 /sq ft Browse all markets →Towns like Chimayo nearby
Find towns like Chimayo in other states →Where Chimayo is
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Questions about Chimayo real estate
Is Chimayo a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Chimayo, NM 87522 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Chimayo?
The typical home went under contract in 67 days in the latest three months.
Do homes in Chimayo sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 99.1% of the list price.
What are property taxes in Chimayo?
About 0.48% of a home’s value a year in Santa Fe County, or roughly $1,920 on a $400,000 home.
What is the median home price in Chimayo?
The median sale price was $222,854 in the three months ending August 31, 2026, about $95 per square foot.
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More tools for 87522
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology