$562,000
- 2 Beds
- 2.5 Baths
- 1,321 Sq Ft
13 Cobblestone, Pagosa Springs, CO 81147
Riley Searle eXp Realty, LLC
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Why Live in Chama
Chama, NM, is a small village nestled in the northern mountains of New Mexico at an elevation of around 7,800 feet. The area is characterized by its scenic beauty, with aspen, spruce, and ponderosa pine trees dotting the landscape. Housing in Chama primarily consists of older homes, including historic bungalows from the 1920s, Midcentury Modern cabins, and ranch-style homes on spacious lots. New development is rare, with most new properties being manufactured homes on the outskirts used for farming and ranching. The village itself offers city water and sewer services, while homes outside rely on well and septic systems. Local attractions include the Edward Sargent Wildlife Management Area, which offers hunting, fishing, and hiking opportunities, and the Continental Divide Trail, a popular route for hikers. The Cumbres and Toltec Scenic Railroad provides a historic steam engine ride through the Rocky Mountains to Antonito, Colorado. Retail options are limited, with a few locally owned businesses and small malls lining Route 17, the main thoroughfare. Popular dining spots include Outlaw BBQ Company and My Mom and Dad’s Restaurant. State Route 17 also connects Chama to U.S. Highway 64, facilitating a 2-hour commute to Santa Fe and providing access to employment opportunities in Los Alamos.
Home Trends in Chama, NM
On average, homes in Chama, NM sell after 292 days on the market compared to the national average of 57 days. The median sale price for homes in Chama, NM over the last 12 months is $109,000, down 9% from the median home sale price over the previous 12 months.
Housing Trends
Median Sale Price
$109,000
Median Single Family Sale Price
$203,725
Average Price Per Sq Ft
$229
Number of Homes for Sale
14
Last 12 months Home Sales
13
Months of Supply
12.90
Median List Price
$274,250
Median Change From 1st List Price
21%
Median Home Sale Price YoY Change
-9%
Chama Types of Homes for Sale
Chama Homes by Price
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