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Chama

Chama

Located in Rio Arriba County

$268,181 Average Value
$309 Average Price per Sq Ft
15 Homes For Sale

A mountain town above the high mesa

From its position high in the mountainous north of New Mexico, the village of Chama redefines the traditionally understood landscape of the Land of Enchantment. “Chama is a very small town in the Rockies,” says Lawrence Romero, associate broker with Mossy Oak Properties, who has nearly 15 years of experience in the area. “We’re at an elevation of around 7,800 feet, so we’re up there. The snowpack here actually supplies most of the water for Albuquerque and the other southern cities. There are aspen, spruce and ponderosa pine trees all over. It’s absolutely beautiful, there’s not much more I can say.” While it may be remote, this small village is no less enchanting than the rest of the state.

New development is scarce, but acreage is available

Homes in Chama tend to be older, with scant new development undertaken by individual landowners. “There’s no new development in Chama,” Romero says. “It’s very rural, so on the outskirts, people buy land and put a manufactured home on it for farming and ranching.” Manufactured homes can begin around $130,000 and rise as high as $300,000. Within the village proper, prospective buyers can find historic bungalows from the 1920s, cabins with Midcentury Modern stylistic flair and ranch-style homes on spacious lots. Prices for homes in need of some renovation begin around $94,000, climbing to $380,000 for move-in-ready options. A distinguishing factor between homes near the center of town and those on the outskirts is the availability of amenities. “Just within the village, there’s city water and sewer services,” Romero says. “Anywhere outside of that, the homes are on well and septic.”

Students attend high school in Tierra Amarilla

From kindergarten through grade 8, children attend Chama Middle and Elementary School, located on the north side of the village and rated C-minus by Niche. For high school, students attend Escalante Middle High School in Tierra Amarilla, which earns a C-plus and is located 15 miles south of the village. As of the 2023-24 academic year, Escalante Middle High boasted an enrollment of 165 students and a student-teacher ratio of roughly 13 to 1.

The Edward Sargent Wildlife Management Area is just north of Chama

The Edward Sargent Wildlife Management Area provides much of the area’s outdoor recreation. “We’re very rural and up in the mountains, so there’s lots of hunting, fishing and hiking,” Romero says. “The Continental Divide Trail comes through Chama, and that’s one of the biggest sources of tourism for the area. All summer, we get hikers coming through who’ve made the trip from Mexico.” Other opportunities include the Cumbres and Toltec Scenic Railroad, where visitors can book a trip through the Rocky Mountains to Antonito, Colorado, on a historic steam engine.

Locally owned businesses and small malls line Route 17

Because Chama is such a small and isolated village, retail options within the area are limited. “There are a few places to shop, a few restaurants,” Romero says. “We have a Lowe’s Market grocery store and these places that are called malls, but really they’re more like hallways with a few stores on either side.” Restaurants line state Route 17, the de facto Main Street. Among the most popular are local eateries like Outlaw BBQ Company and My Mom and Dad’s Restaurant, a classic American roadside diner.

New Mexico state Route 17 is the main commuter thruway

State Road 17 is the main thoroughfare, serving as the de facto Main Street of the village and cutting a path north through the Rocky Mountains to Colorado. On the south end of town, SR-17 converges with U.S. Highway 64, which is the quickest way to make the 2-hour trip south to Santa Fe. “A lot of people use the highway to commute to Los Alamos, as well,” Romero adds. “The lab there and the state highway department are two pretty big employers for the area.”

Hugh Taylor
Written By
Hugh Taylor

Interested in learning more about homes in this area? Reach out to BRANDI SALAZAR, an experienced agent in this area.

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Chama Housing Trends

Housing Trends

Median List Price
$289,000
Median Sale Price
$109,000
Median Single Family Sale Price
$232,950
Median Change From 1st List Price
10%
Last 12 months Home Sales
13
Median Home Sale Price YoY Change
5%
Average Price Per Sq Ft
$309

Area Facts

Number of Homes
213
Number of Homes for Sale
15
Median Year Built
1993
Months of Supply
13.80
Average Single Family Home Size Sq Ft
4,172
Significantly above the national average
1,929
Average 2 Bedroom Size Sq Ft
800
Median Lot Size Sq Ft
23,958

Homes for Sale

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Chama Has More Owners

Demographics

Total Population
1,040
Median Age
49
Population Density
3 ppl/acre
Population under 18
20.8%
On par with the national average
23.8%
Population over 65
27.9%
Above the national average
19.1%

Finances

Median Household Income
$37,755
Significantly below the national average
$71,702
Average Household Income
$47,327

Education and Workforce

High School Graduates
79.2%
College Graduates
15.7%
Below the national average
34.1%
Advanced Degrees
7.1%
% Population in Labor Force
44.3%
Below the national average
65.1%

Weather

Annual Precipitation
23''
Average Winter Low Temperature
7°F
Average Summer High Temperature
80°F
Annual Snowfall
31''

Area Factors

Somewhat Bikeable

Bike Score®®

32 / 100

Car-Dependent

Walk Score®®

21 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Chama
BRANDI SALAZAR
Superior Realty
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