Elephant Butte, NM Home Values & Market Trends
Real estate market trends reflect that there have been 45 transactions over the past year in Elephant Butte. The median value for residential home transactions that occurred over the previous year is $134,959.9. The number of current listings in Elephant Butte is 5, and the percentage of properties for sale in the city is 5.00%. Elephant Butte, NM currently has 0 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 5 properties for sale.
Elephant Butte, NM Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 87935 | $ 237,622 $ 162/sqft |
Housing Market Summary for Elephant Butte, NM
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $275K | $172.2K | -37.39% |
| Median Sold Price | $167.3K | $172.2K | 2.91% |
| Homes For Sale | 3 | 6 | 100.00% |
| Homes Sold | 33 | 34 | 3.03% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Elephant Butte, NM
Browse Homes in Elephant Butte, NM
Elephant Butte home values range from $16,496 to $1,066,688. The median estimated value of a home in Elephant Butte is $134,959.9. The median list price of a home is 279,000, and the total count of properties in the city is 1,550.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Elephant Butte, NM with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Elephant Butte, NM; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Elephant Butte, NM ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Elephant Butte, NM. There is 1 zips within Elephant Butte, NM; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Elephant Butte, NM. Auction homes and other auction properties account for 0% of all properties in Elephant Butte, NM. There is 1 zips within Elephant Butte, NM; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
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Guide for Elephant Butte, NM
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