Explore Similar Condos Within 25 Miles of Elephant Butte, NM
No properties matching your criteria were found. Try modifying your search and try again.
Why Live in Elephant Butte
Elephant Butte, nestled at the northern edge of the Chihuahuan Desert, is a community known for its outdoor recreation and laid-back desert living. The area is adjacent to New Mexico's largest lake, Elephant Butte Lake, which is a hub for waterside activities like boating, kayaking, and fishing. The community is also renowned for its off-highway vehicle (OHV) friendliness, with legalized use on nearly all streets. The Turtleback Mountain Golf Course, a public course within the Turtleback Mountain Golf & Resort area, will host the New Mexico Open from 2025 to 2027. Housing in Elephant Butte includes a mix of midcentury ranch-style homes, manufactured homes, and newer constructions featuring Tuscan-style and custom Pueblo Revival architecture. The neighborhood has a low crime risk compared to the national average. Annual events such as the Fourth of July celebrations and the Kayak Fishing Tournament draw significant crowds. Shopping is limited to local stores and a Family Dollar, with larger retailers located a few miles south in Truth or Consequences. Dining options are primarily community-run, with notable spots like Bigfoot Restaurant. Elephant Butte is zoned to Truth or Consequences Municipal Schools, with Arrey Elementary School being the highest-rated. Major highways like State Roads 181 and 195 provide easy access to Interstate 25, making the 150-mile drive to Albuquerque Airport a smooth journey. The nearest medical facility, Sierra Vista Hospital and Rural Health Clinic, is 6 miles away in Truth or Consequences.
Home Trends in Elephant Butte, NM
On average, homes in Elephant Butte, NM sell after 83 days on the market compared to the national average of 50 days. The median sale price for homes in Elephant Butte, NM over the last 12 months is $280,000, up 5% from the median home sale price over the previous 12 months.
Housing Trends
Median Sale Price
$280,000
Median Single Family Sale Price
$339,000
Average Price Per Sq Ft
$197
Number of Homes for Sale
26
Last 12 months Home Sales
48
Months of Supply
6.50
Median List Price
$349,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
5%