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Elephant Butte, NM Real Estate & Property Data

Elephant Butte Real Estate Market Trends

Last Updated: May 02, 2024

Accurate and comprehensive real estate data is critical for insight into Elephant Butte, NM. ATTOM’s Elephant Butte real estate data is updated daily, and current market trends show that in Elephant Butte, NM a total of 50 residential properties have sold over the past year. Get detailed property data for Elephant Butte, NM instantly. ATTOM is your one-stop-shop for the Elephant Butte property reports and real estate data you need in Elephant Butte, NM.

Elephant Butte Real Estate Market Trends

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Total Residential Properties 1,755

Total Commercial Properties 1

Avg. Home Age (Single Family Home) 34 Years

Avg. Square Feet (Single Family Home) 1,754

Total 2024 Residential Sales (year-to-date) 13

% of Homes Seriously Underwater (Q2 2024) 1.86%

Total 2023 Residential Sales 46

% of Equity Rich Homes (Q2 2024) 12.45%

Effective 2023 Property Tax 0.62%

Total Foreclosure Filings (year-to-date) N/A

Elephant Butte, NM Real Estate Overview

There were 50 residential properties sold in the past year in Elephant Butte, NM. The median home value in Elephant Butte, NM is $138,264. There are a total of 1,755 residential properties in the Elephant Butte.

Median Sales Price i

March '24 Mar '24 N/A
February '24 Feb '24 $135,000
January '24 Jan '24 $237,250
December '23 Dec '23 $242,185
November '23 Nov '23 N/A
October '23 Oct '23 $229,881
September '23 Sep '23 $321,250
August '23 Aug '23 $256,250
July '23 Jul '23 $161,554
June '23 Jun '23 $518,750
May '23 May '23 $314,688
April '23 Apr '23 N/A

Median Down Payment i

March '24 Mar '24 N/A
February '24 Feb '24 $27,000
January '24 Jan '24 $47,450
December '23 Dec '23 $19,980
November '23 Nov '23 N/A
October '23 Oct '23 $57,000
September '23 Sep '23 $64,250
August '23 Aug '23 $51,250
July '23 Jul '23 $25,980
June '23 Jun '23 $103,750
May '23 May '23 $62,938
April '23 Apr '23 N/A

Number of Homes Sold i

4

(Mar 2024)

+33.3%

year-over-year

y-o-y

March '24 Mar '24 4
February '24 Feb '24 4
January '24 Jan '24 5
December '23 Dec '23 2
November '23 Nov '23 7
October '23 Oct '23 6
September '23 Sep '23 4
August '23 Aug '23 4
July '23 Jul '23 4
June '23 Jun '23 4
May '23 May '23 3
April '23 Apr '23 N/A

Number of Purchase Loans i

March '24 Mar '24 N/A
February '24 Feb '24 3
January '24 Jan '24 2
December '23 Dec '23 3
November '23 Nov '23 N/A
October '23 Oct '23 2
September '23 Sep '23 2
August '23 Aug '23 3
July '23 Jul '23 3
June '23 Jun '23 1
May '23 May '23 1
April '23 Apr '23 N/A

Number of REFI Loans i

March '24 Mar '24 N/A
February '24 Feb '24 1
January '24 Jan '24 N/A
December '23 Dec '23 2
November '23 Nov '23 N/A
October '23 Oct '23 1
September '23 Sep '23 1
August '23 Aug '23 1
July '23 Jul '23 1
June '23 Jun '23 1
May '23 May '23 N/A
April '23 Apr '23 N/A

Number of HELOC Loans i

March '24 Mar '24 N/A
February '24 Feb '24 2
January '24 Jan '24 N/A
December '23 Dec '23 N/A
November '23 Nov '23 1
October '23 Oct '23 N/A
September '23 Sep '23 N/A
August '23 Aug '23 N/A
July '23 Jul '23 N/A
June '23 Jun '23 N/A
May '23 May '23 N/A
April '23 Apr '23 1

Elephant Butte, NM Real Estate Market Overview

Last 30 days

Zip
Median Est. Value

87935
$138,264 $78.84/sqft

Elephant Butte, NM Foreclosure Activity

Total Foreclosure Filings i

March '24 Mar '24 N/A
February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 N/A
November '23 Nov '23 N/A
October '23 Oct '23 N/A
September '23 Sep '23 2
August '23 Aug '23 N/A
July '23 Jul '23 N/A
June '23 Jun '23 N/A
May '23 May '23 N/A
April '23 Apr '23 N/A

Completed Foreclosures (REOs) i

March '24 Mar '24 N/A
February '24 Feb '24 1
January '24 Jan '24 N/A
December '23 Dec '23 N/A
November '23 Nov '23 N/A
October '23 Oct '23 N/A
September '23 Sep '23 N/A
August '23 Aug '23 N/A
July '23 Jul '23 N/A
June '23 Jun '23 N/A
May '23 May '23 N/A
April '23 Apr '23 1

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