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Explore Similar Condos Within 25 Miles of Chama, NM

  • /35

    $619,500

    • 3 Beds
    • 2.5 Baths
    • 1,860 Sq Ft

    502 S 5th St Unit B-6, Pagosa Springs, CO 81147

    Check out this extra rare river front opportunity in historic Old Town Pagosa Springs. Terrific value and priced and even improved on July 25, 2025. Tastefully crafted to display a Colorado mountain Esque vibe, using rusted corrugated steel, large windows and creative stains outside and towering ceilings, granite countertops, alder wood doors and cabinetry and other high-quality finishes

    Jon Johnson Sherpa Real Estate

    502 S 5th St Unit B-6, Pagosa Springs, CO 81147

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

Housing Trends

Median Sale Price
$415,000
Median Single Family Sale Price
$188,550
Average Price Per Sq Ft
$249
Number of Homes for Sale
18
Last 12 months Home Sales
56
Months of Supply
3.90
Median List Price
$225,000
Median Change From 1st List Price
8%
Median Home Sale Price YoY Change
493%
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