Otero County, NM Home Values & Market Trends
The median home price in Otero County, NM is $268,243. There were 922 home sales in Otero County, NM over the past 12 months. The median residential Otero County, NM home value for transactions over the previous year is $180,096. The number of current listings in Otero County, NM is 1,181, and the percentage of properties for sale is 1181.00%. The county has 53 foreclosures, 12 bank owned properties, 15 headed for auction, and 1,181 properties for sale.
Otero County, NM Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Alamogordo | $ 241,733 $ 156/sqft | Bent | $ 313,582 $ 125/sqft |
| Cloudcroft | $ 366,891 $ 271/sqft | Weed | $ 550,000 $ 477/sqft |
| Tularosa | $ 233,424 $ 158/sqft | Pinon | $ 191,992 $ 103/sqft |
| Timberon | $ 279,500 $ 197/sqft | Orogrande | $ -- $ -- |
| High Rolls Mountain Park | $ 454,000 $ 239/sqft | Holloman Air Force Base | $ -- $ -- |
| La Luz | $ 331,776 $ 162/sqft | Mescalero | $ -- $ -- |
| Mayhill | $ 481,210 $ 265/sqft | Sunspot | $ -- $ -- |
| Sacramento | $ 179,866 $ 185/sqft |
Housing Market Summary for Otero County, NM
| Oct 2025 | October 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $265K | $275K | 3.77% |
| Median Sold Price | $194.6K | $215K | 10.47% |
| Homes For Sale | 1,187 | 1,182 | -0.42% |
| Homes Sold | 345 | 439 | 27.25% |
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 Otero County, NM
Browse Homes in Otero County, NM
Otero County, NM home values range from $19,584 to $2,189,740. Sacramento is the priciest city with a median listing home price of $2,800,000, and Alamogordo is most affordable with average house prices of around $232,000.
- Pre-ForeclosurePre-foreclosure homes account for 1.51% of all residential properties in Otero County, NM with Alamogordo containing 20 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 15 cities within Otero County, NM; of those cities, the estimated home value for pre-foreclosure homes ranges from $313,059 in Cloudcroft to the lowest home value of $90,596 in Alamogordo.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Otero County, NM ranges from the highest value of $204,000 in Timberon to the lowest value of $156,876 in Alamogordo. Bank owned homes and properties account for 0.70% of properties in Otero County, NM. There are 15 cities within Otero County, NM; Alamogordo containing 8 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsAlamogordo has 11 auction properties, the highest number of properties going to auction in a single city in the state of Otero County, NM. Auction homes and other auction properties account for 0.87% of all properties in Otero County, NM. There are 15 cities within Otero County, NM; of those cities, the median estimated home value for homes going to auction ranges from $301,872 in Mayhill to the lowest value of $71,287 in Mayhill.
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More Real Estate Resources for Otero County, NM
Guide for Otero County, NM
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
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