Housing Prices in Elephant Butte, NM
How much do homes in Elephant Butte, NM cost?
Median List Price
$207,450
$144/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Summary: The median home list price in Elephant Butte was $207,450 in April 2024, down 20.2% from the previous year, and the median price per square foot was $144.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $139.9K | $139.9K | 0.0% |
2 Bedrooms | - | $72K | N/A |
3 Bedrooms | $260K | $737.5K | +183.7% |
4 Bedrooms | - | - | N/A |
5+ Bedrooms | $999K | - | N/A |
Summary: Elephant Butte housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 183.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
Elephant Butte | $260K | $207.4K | -20.2% |
Truth or Consequences East | $267.5K | $144.9K | -45.8% |
Truth or Consequences | $275K | $142.5K | -48.2% |
Housing Supply in Elephant Butte, NM
How many homes are available in Elephant Butte, NM?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 2 | 0.0% |
Summary: The Elephant Butte real estate market had 2 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 1 | 1 | 0.0% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Elephant Butte housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for Elephant Butte, NM
How long does it take to sell a home in Elephant Butte, NM?
Average Listing Age
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
81 Days | 195 Days | +139.9% |
Summary: Homes in Elephant Butte had an average listing age of 195 days in Apr 2024, up by 139.9% compared to the previous year.