11

Chama, NM Homes for Sale under $200,000

Section Image
  • 111 N Pinon, Chama, NM 87520
    111 N Pinon, Chama, NM 87520
    111 N Pinon, Chama, NM 87520
    /21

    $160,000

    • 3 Beds
    • 2 Baths
    • 1,700 Sq Ft

    111 N Pinon, Chama, NM 87520

    Nestled right next to the Sargent's Wilderness, this Northern New Mexico home located in Chama would be a great get-a-way from the Big City! This is a 3 bedroom, 2 bath with Living space and formal dining area. Close to all of downtown amenities, take a short walk and watch the train in town. The previous tenants started a home remodel, but you could complete the projects to make this home your

    Kimberly Hise Rooted Realty Co.

    111 N Pinon, Chama, NM 87520
  • 64 Pd 1783c Rd, Chama, NM 87520
    64 Pd 1783c Rd, Chama, NM 87520
    64 Pd 1783c Rd, Chama, NM 87520
    /19

    $199,000

    • Land
    • 7.01 Acres
    • $28,388 per Acre

    64 Pd 1783c Rd, Chama, NM 87520

    There are two pads prepped and ready for construction. This 7.01 +/- acres is nestled on the west side of a beautiful valley. The elevation is 7800 feet and the property is between the Brazos and Canejos Rivers making it a migration mecca for wildlife. The property includes a 24X32 cement pad with a pole barn on one pad.. A well with hydrants on both pads and electrical boxes are on both pads.

    Michele Marino United Country - Northern New Mexico Real Estate

    64 Pd 1783c Rd, Chama, NM 87520
  • 31 Mundy Dr, Chama, NM 87520
    31 Mundy Dr, Chama, NM 87520
    31 Mundy Dr, Chama, NM 87520
    /16

    $199,000

    • 3 Beds
    • 2 Baths
    • 1,331 Sq Ft

    31 Mundy Dr, Chama, NM 87520

    Quaint home nestled among the tall Ponderosa Pines and Gambel Oak. A perfect place with plenty of room to bring the family for fun and relaxation. Enjoy sitting outside on a beautiful day listening to the wind blowing gently through the pines and watching the wildlife meander through. There are several places to go fishing along the Brazos and Chama River for those flyfishing enthusiasts. Make

    Kimberly Hise Realty One of Chama

    31 Mundy Dr, Chama, NM 87520
  • 103 Pinon Dr, Chama, NM 87520
    103 Pinon Dr, Chama, NM 87520
    103 Pinon Dr, Chama, NM 87520
    /26

    $121,000

    $8K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,368 Sq Ft

    103 Pinon Dr, Chama, NM 87520

    Cozy three bedroom, one and three quarter bath modular home located at the north end of the Village of Chama in the sub division of the Bureau of Reclamation. In Need of some TLC. Within walking distance to the Sargent WMA where you can hike, mountain bike ,ride horses ,hunt and fish. Hunting and Fishing would require the proper licensing from NMGFD. The home sits on .23 of an acre and has all

    Lawrence Romero Mossy Oak Properties

    103 Pinon Dr, Chama, NM 87520
  • 488 W 7th St, Chama, NM 87520
    488 W 7th St, Chama, NM 87520
    488 W 7th St, Chama, NM 87520
    /24

    $165,000

    $35K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 1,869 Sq Ft

    488 W 7th St, Chama, NM 87520

    Charming Northern NM Home in the Village of ChamaThis 3-bedroom, 1.75-bath home offers solid potential with some updates already completed. While it could use a bit of TLC, it sits on a village lot with city sewer,natural gas a private well—a rare combination that adds to its appeal.The property includes a detached garage, perfect for storage or a workshop. Whether you're looking for a

    Lawrence Romero Mossy Oak Properties

    488 W 7th St, Chama, NM 87520
  • TBD Tbd, Chama, NM 87520
    TBD Tbd, Chama, NM 87520
    TBD Tbd, Chama, NM 87520
    /18

    $125,000

    • Land
    • 4.9 Acres
    • $25,510 per Acre

    TBD Tbd, Chama, NM 87520

    This charming lot with a little bunk house/shed sits on 4.9 +/- acres in the Diamante Acres S/D with stunning panoramic views. There is a large cleared pad with plenty of space to build your dream home or bring your gear to explore the many recreational options in the Chama Valley. This property is just thirty minutes from Pagosa Springs, CO and about fifteen minutes to Chama, NM. There is enough

    Hunter Battle United Country - Northern New Mexico Real Estate

    TBD Tbd, Chama, NM 87520
  • Owls 2A Blue Spruce Trail, Chama, NM 87520
    Owls 2A Blue Spruce Trail, Chama, NM 87520
    Owls 2A Blue Spruce Trail, Chama, NM 87520
    /4

    $188,550

    • Land
    • 12.57 Acres
    • $15,000 per Acre

    Owls 2A Blue Spruce Trail, Chama, NM 87520

    Privacy, seclusion, views and beautiful night skies all in one location. The Landings is located about a 20 min drive from Chama NM and is a true mountain paradise that was well thought out and planned as an exclusive location with great interior roads, power to the property lines and thoughfully placed drilled and cased wells for water access. Views expand into Colorado, up the Canones Creek

    Melissa Clark United Country - Northern New Mexico Real Estate

    Owls 2A Blue Spruce Trail, Chama, NM 87520
  • 460 Pinon Dr, Chama, NM 87520
    460 Pinon Dr, Chama, NM 87520
    460 Pinon Dr, Chama, NM 87520
    /13

    $125,000

    • 2 Beds
    • 1.5 Baths
    • 715 Sq Ft

    460 Pinon Dr, Chama, NM 87520

    In town home and close to shopping, hiking and the Cumbres & Toltec Scenic Railroad. On village utilities, this two bedroom and Two bath manufactured home has been well cared for. Enjoy the outdoors from the extra large deck. Get away from the hustle and bustle of city life and enjoy Northern NM mountains.

    Matthew Gallegos Rooted Realty Co.

    460 Pinon Dr, Chama, NM 87520
  • 9 Red Rock, Chama, NM 87520
    9 Red Rock, Chama, NM 87520
    9 Red Rock, Chama, NM 87520
    /23

    $145,000

    • Land
    • 6.67 Acres
    • $21,739 per Acre

    9 Red Rock, Chama, NM 87520

    Located in the desirable Ticonderoga Subdivision in the scenic Brazos Canyon area, this 6.67-acre parcel offers a great opportunity to enjoy mountain living with many improvements already in place. The property features an established building pad with an electric meter hookup and a frost-free water spigot already installed, making it easier to begin planning your mountain getaway or full-time

    Chris Dennison United Country - Northern New Mexico Real Estate

    9 Red Rock, Chama, NM 87520
  • 3 Canyons End Rd, Chama, NM 87520
    3 Canyons End Rd, Chama, NM 87520
    3 Canyons End Rd, Chama, NM 87520
    /61

    $105,000

    • Land
    • 5 Acres
    • $21,000 per Acre

    3 Canyons End Rd, Chama, NM 87520

    Beautiful 5-Acre Mountain Property in Northern New Mexico — Ticonderoga Subdivision Claim your own slice of paradise in the sought-after Ticonderoga Subdivision, nestled in the mountains of Northern New Mexico. This stunning 5-acre parcel offers the perfect setting to build your dream home, surrounded by majestic Aspen and Pine trees with sweeping views of the Chama Valley. The premier lot

    Lawrence Romero Mossy Oak Properties Centerfire Realty LLC

    3 Canyons End Rd, Chama, NM 87520
  • 1000 N Nmsr 17 Rd, Chama, NM 87520
    1000 N Nmsr 17 Rd, Chama, NM 87520
    1000 N Nmsr 17 Rd, Chama, NM 87520
    /4

    $150,000

    • Land
    • 1 Acre
    • $150,000 per Acre

    1000 N Nmsr 17 Rd, Chama, NM 87520

    Prime one acre parcel right on Hwy 17 two doors from the Family Dollar. This is a great lot with good access to put your business! If you are thinking about starting a business in Chama, this would be a perfect spot to do it!

    Michele Marino United Country - Northern New Mexico Real Estate

    1000 N Nmsr 17 Rd, Chama, NM 87520
New Mexico Rio Arriba County Chama

Real Estate & Homes in Chama, NM under $200,000

Home Trends in Chama, NM

On average, homes in Chama, NM sell after 289 days on the market compared to the national average of 58 days. The median sale price for homes in Chama, NM over the last 12 months is $175,725, up 46% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$175,725
Median Single Family Sale Price
$242,450
Average Price Per Sq Ft
$225
Number of Homes for Sale
14
Last 12 months Home Sales
14
Months of Supply
12.00
Median List Price
$299,000
Median Change From 1st List Price
23%
Median Home Sale Price YoY Change
46%
How to Buy a Home How to Finance a Home How to Sell a Home

In Chama, you'll find a diverse selection of properties with 11 homes for sale under $200,000, catering to budget-conscious buyers seeking affordable housing solutions. Whether you're a first-time homebuyer in search of a cozy starter home or an investor eyeing a promising opportunity, these affordable homes provide a gateway into the real estate market in Chama, NM.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Homes.com Licensing Information

§ 442-H New York Standard Operating Procedures

New York Fair Housing Notice

TREC: Information about brokerage services, Consumer protection notice

California DRE #01937601

Contact Homes.com Brokerage

Copyright © 2026 CoStar Group