Elephant Butte, NM Homes For Sale Market Summary – September 8, 2026
New Mexico does not publicly disclose home sale prices, so this summary reflects homes currently listed for sale rather than closed sales. The real estate market in Elephant Butte, NM, has seen 38 active listings in the past 30 days. The average living area of these listings is approximately 1,981 square feet, with a median size of 1,900 square feet.
| Metric | Current |
|---|---|
| Active Listings | 38 |
| New Listings Per Day | 1 every 6.00 days |
| Average SQFT | 1981 |
| Median List Price | $454,000 |
| Average List Price | $474,468 |
| Average List Price Per SQFT | $238 |
| Average Days on Market | 120 |
| Average Year Built | 2004 |
Elephant Butte, NM Single Family Home Analysis
In the single-family home segment, there are currently 38 active listings. These homes have an average year built of 2004, and the average days on market is about 120 days.
| Metric | Current |
|---|---|
| Active Listings | 38 |
| New Listings Per Day | 1 every 6.00 days |
| Average SQFT | 1981 |
| Median List Price | $454,000 |
| Average List Price | $474,468 |
| Average List Price Per SQFT | $238 |
| Average Days on Market | 120 |
| Average Year Built | 2004 |
Elephant Butte, NM Condo & Townhome Analysis
There is no market data available for that home type at this time.
Buyer & Seller Analysis
- Listing pace is 1 every 6 days.
- Average days on market for single-family homes is 120 days.
- Average prices for homes are approximately $474,468.
- No active condo or townhome listings are currently available.
- List prices shown are asking prices, not sale prices.
Conclusion
Overall, the market in Elephant Butte appears to have a steady pace of new listings. Potential buyers should consider the average pricing and days on market when looking at options.