Housing Prices in Truth or Consequences, NM
How much do homes in Truth or Consequences, NM cost?
Median List Price
$142,500
$100/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Key Takeaway
The list price of homes in Truth or Consequences has decreased by 48.2% since last year.
Summary: The median home list price in Truth or Consequences was $142,500 in April 2024, down 48.2% from the previous year, and the median price per square foot was $100.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $350K | $250K | -28.6% |
| 2 Bedrooms | - | $135K | N/A |
| 3 Bedrooms | $227K | $209.5K | -7.7% |
| 4 Bedrooms | - | $123.2K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Truth or Consequences housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 28.6%, 2 bedroom homes did not change, 3 bedroom homes decreased by 7.7%, 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 Truth or Consequences, NM
How many homes are available in Truth or Consequences, NM?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Summary: The Truth or Consequences real estate market had 3 homes for sale in April 2024, a 50.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Truth or Consequences housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 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 Truth or Consequences, NM
How long does it take to sell a home in Truth or Consequences, NM?
Average Listing Age
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 560 Days | 370 Days | -33.9% |
Summary: Homes in Truth or Consequences had an average listing age of 370 days in Apr 2024, down by 33.9% compared to the previous year.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed.