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Hagerman, NM Home Values and Rents

The median home value in Hagerman is $109,600. Median rent is $734 a month.

Median home value
$109,600
ACS 2020-2024
Median rent
$734/mo
ACS 2020-2024
Price change, 1 year
+3.5%
County index, 2025
Homeownership
77.3%
NM: 70.0%

Chaves County home price trend

FHFA annual House Price Index for Chaves County, 2000 = 100, compared with New Mexico

Chaves CountyNew Mexico
Show as a table
PeriodChaves County
2025257
2024249
2023233
2022228
2021205
2020190
2019174
2018168
2017164
2016162
2015158
2014154
2013153
2012149
2011154

Over five years, Chaves County prices changed +35.5%, compared with +33.9% for New Mexico.

Source: Federal Housing Finance Agency · Last updated 08/01/2026

Fair Market Rents, FY2027

HUD rent standard for Chaves County, NM

NM rents
Unit sizeMonthly rentvs FY2026
Studio$868+17.6%
1 bedroom$892+0.6%
2 bedrooms$1,091+1.9%
3 bedrooms$1,476+3.9%
4 bedrooms$1,624+4.0%

Frequently asked questions

What is the median home value in Hagerman, NM?
The median home value in Hagerman is $109,600, based on the American Community Survey 2020-2024 5-year estimates. The New Mexico median is $248,100.
How much is rent in Hagerman?
The median rent in Hagerman is $734 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,091.
Are home prices going up in Hagerman?
Home prices in Chaves County changed +3.5% over one year and +35.5% over five years, as of 2025.