Housing Prices in Southeast Otero, NM
How much do homes in Southeast Otero, NM cost?
Median List Price
$317,500
$174/sqft
Based on all homes listed in May 2024.
Difference Since Last Month
Key Takeaway
The list price of homes in Southeast Otero has increased by 26% since April.
Summary: The median home list price in Southeast Otero was $317,500 in May 2024, up 26% from the previous month, and the median price per square foot was $174.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $269K | $284.5K | +5.8% |
| 4 Bedrooms | $285K | $335K | +17.5% |
| 5+ Bedrooms | $205K | $350K | +70.7% |
Summary: Southeast Otero housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 17.5%, and 5+ bedroom homes increased by 70.7%.
Housing Supply in Southeast Otero, NM
How many homes are available in Southeast Otero, NM?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
Summary: The Southeast Otero real estate market had 6 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 1 | 2 | +100.0% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Southeast Otero housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Days on Market for Southeast Otero, NM
How long does it take to sell a home in Southeast Otero, NM?
Average Listing Age
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 97 Days | 85 Days | -13.0% |
Summary: Homes in Southeast Otero had an average listing age of 85 days in May 2024, down by 13% compared to the previous month.
The data relating to real estate for sale on this web site comes in part from the IDX Program of the Greater El Paso Association of REALTORS®. Real estate listings held by other brokerage firms are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing brokers.