Explore Similar Townhomes Within 25 Miles of Elephant Butte, NM

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Why Live in Elephant Butte

Settled at the northern edge of the Chihuahuan Desert and neighbor to New Mexico's largest lake, Elephant Butte is a community where nature and outdoor recreation turn tourists into long-term residents. "Several years ago, someone asked why I bother living here. I said that in five minutes, I could have them camping on the beach, soaking in mineral spas or hitting a championship golf course," says Earl Greer, a fifth-generation Elephant Butte resident and Realtor with Plaza Realty. "A lot of people here work like any regular folks, but our play ...

Home Trends in Elephant Butte, NM

Housing Trends

Median Sale Price
$272,500
Median Single Family Sale Price
$339,500
Average Price Per Sq Ft
$198
Number of Homes for Sale
24
Last 12 months Home Sales
48
Months of Supply
6.00
Median List Price
$349,500
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
1%
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