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Chaves, NM · ZIP 88201 · Census Tract 35005001200 · 2027–2030 outlook
Current modeled value
$122K
Downside (P10)
$105K
-13% by 2030
Base Case (P50)
$124K
+2% by 2030
Upside (P90)
$157K
+29% by 2030
Base case: +2% by 2030, with a forecast range from -13% to +29%. The model forecasts this with 77% confidence.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $115K | $113K | $145K | $161K | $179K | $158K | $199K | $220K | $111K | $117K | $122K | $122K | $126K | $124K |
| YoY Change | -2.5% | +28.9% | +10.8% | +11.1% | -11.5% | +25.9% | +10.5% | -49.6% | +5.7% | +3.9% | +0.3% | +3.0% | -1.3% | |
| Downside (P10) | $109K | $106K | $105K | |||||||||||
| Upside (P90) | $144K | $155K | $157K |
The forecast range is moderate for this market over this horizon. The confidence level stays remarkably consistent through the forecast period.
1-Year Spread
$109K to $144K
28.6% of median
5-Year Spread
$105K to $157K
41.8% of median
Use these nearby areas to compare price level, upside potential, and forecast risk.
Areas with the most similar current median values
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Northeast Chaves | $120K | $124K | +3.1% | |
| Roswell (Tract 000201) | $124K | $139K | +11.9% | |
| Roswell (Tract 000302) | $114K | $127K | +11.0% | |
| Southwest Chaves | $100K | $109K | +8.9% | |
| Dexter | $101K | $109K | +8.2% | |
| Hagerman | $137K | $146K | +6.4% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Northeast Chaves | $120K | $124K | +3.1% | |
| Roswell (Tract 001002) | $313K | $362K | +15.7% | |
| Roswell (Tract 000201) | $124K | $139K | +11.9% | |
| Roswell (Tract 000302) | $114K | $127K | +11.0% | |
| Roswell (Tract 000800) | $144K | $158K | +10.2% | |
| Roswell (Tract 000600) | $76K | $83K | +9.3% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| Northeast Chaves | $120K | $124K | $52K | |
| Southwest Chaves | $100K | $109K | $61K | |
| Roswell (Tract 000500) | $97K | $102K | $53K | |
| Dexter | $101K | $109K | $48K | |
| Roswell (Tract 000400) | $87K | $92K | $47K | |
| Roswell (Tract 000600) | $76K | $83K | $43K |
Forecasts are probabilistic model outputs, not guarantees. The model uses historical data and economic indicators; it does not observe property-specific conditions. This is not financial, investment, or real estate advice. Learn more about our methodology.
Model
Homecastr World Model (Schrödinger Bridge v12)
Forecast Horizon
2027 to 2030
Schema Version
forecast_queue
Citation
Hardesty Lewis, D. (2026). Homecastr Home Price Forecast. Retrieved from homecastr.com.
Data Sources
Deep dive into property-level home price forecasts for parcels in this area.