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Otero County, NM Real Estate & Property Data

Otero County Real Estate Market Trends
Last Updated: April 22, 2025

With up-to-date real estate data get detailed insight into Otero County, NM sourced from the nation’s leading property data provider. The current median home price in Otero County, NM is $247,580. Otero County real estate data shows that there have been a total of 1,147 residential properties sold over the past 12 months. ATTOM’s Otero County real estate data indicates that the county has 9 properties in foreclosure and 2 REOs (real estate bank owned) properties.

Otero County Real Estate Market Trends
Get property data for any address in Otero County, NM or the country:
Total Residential Properties 21,411
Total Commercial Properties 972
Avg. Home Age (Single Family Home) 46 Years
Avg. Square Feet (Single Family Home) 1,625
Total 2025 Residential Sales (year-to-date) 152
% of Homes Seriously Underwater (Q2 2025) 0.49%
Total 2024 Residential Sales 1,051
% of Equity Rich Homes (Q2 2025) 12.15%
Effective 2024 Property Tax 0.45%
Total Foreclosure Filings (year-to-date) 12
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Otero County, NM Real Estate Overview

There were 1,147 residential properties sold in the past year in Otero County, NM. The median home value in Otero County, NM is $211,346. There are a total of 21,411 residential properties in the Otero.

Median Sales Price i
$247,580
(Feb 2025)
+9.9%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '25 Feb '25 $247,580
  • January '25 Jan '25 $244,097
  • December '24 Dec '24 $257,861
  • November '24 Nov '24 $266,539
  • October '24 Oct '24 $235,583
  • September '24 Sep '24 $240,504
  • August '24 Aug '24 $252,902
  • July '24 Jul '24 $254,747
  • June '24 Jun '24 $201,979
  • May '24 May '24 $213,015
  • April '24 Apr '24 $262,721
  • March '24 Mar '24 $240,706
Median Down Payment i
$48,750
(Feb 2025)
+54.4%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '25 Feb '25 $48,750
  • January '25 Jan '25 $51,750
  • December '24 Dec '24 $50,012
  • November '24 Nov '24 $47,500
  • October '24 Oct '24 $46,000
  • September '24 Sep '24 $39,469
  • August '24 Aug '24 $54,906
  • July '24 Jul '24 $43,900
  • June '24 Jun '24 $22,500
  • May '24 May '24 $37,004
  • April '24 Apr '24 $62,500
  • March '24 Mar '24 $54,000
Number of Homes Sold i
74
(Feb 2025)
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '25 Feb '25 74
  • January '25 Jan '25 78
  • December '24 Dec '24 68
  • November '24 Nov '24 80
  • October '24 Oct '24 113
  • September '24 Sep '24 92
  • August '24 Aug '24 96
  • July '24 Jul '24 93
  • June '24 Jun '24 77
  • May '24 May '24 115
  • April '24 Apr '24 93
  • March '24 Mar '24 94
Number of Purchase Loans i
44
(Feb 2025)
-6.4%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '25 Feb '25 44
  • January '25 Jan '25 45
  • December '24 Dec '24 51
  • November '24 Nov '24 47
  • October '24 Oct '24 65
  • September '24 Sep '24 57
  • August '24 Aug '24 60
  • July '24 Jul '24 60
  • June '24 Jun '24 47
  • May '24 May '24 65
  • April '24 Apr '24 45
  • March '24 Mar '24 63
Number of REFI Loans i
31
(Feb 2025)
+158.3%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '25 Feb '25 31
  • January '25 Jan '25 25
  • December '24 Dec '24 27
  • November '24 Nov '24 36
  • October '24 Oct '24 46
  • September '24 Sep '24 25
  • August '24 Aug '24 32
  • July '24 Jul '24 31
  • June '24 Jun '24 27
  • May '24 May '24 25
  • April '24 Apr '24 20
  • March '24 Mar '24 27
Number of HELOC Loans i
3
(Feb 2025)
+50%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '25 Feb '25 3
  • January '25 Jan '25 3
  • December '24 Dec '24 1
  • November '24 Nov '24 1
  • October '24 Oct '24 4
  • September '24 Sep '24 5
  • August '24 Aug '24 8
  • July '24 Jul '24 6
  • June '24 Jun '24 3
  • May '24 May '24 3
  • April '24 Apr '24 2
  • March '24 Mar '24 5

Otero County, NM Real Estate Market Overview

Last 30 days
  • City
    Median Est. Value
  • City
    Median Est. Value
  • City
    Median Est. Value

Otero County, NM Foreclosure Activity

There were a total of 9 Otero County, NM properties with a foreclosure filing in February 2025. Lenders started the foreclosure process on 8 Otero County, NM properties and repossessed 2 Otero County, NM properties through completed foreclosures (REOs) in February 2025.

Total Foreclosure Filings i
9
(Feb 2025)
+80%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '25 Feb '25 9
  • January '25 Jan '25 3
  • December '24 Dec '24 13
  • November '24 Nov '24 4
  • October '24 Oct '24 4
  • September '24 Sep '24 6
  • August '24 Aug '24 N/A
  • July '24 Jul '24 4
  • June '24 Jun '24 10
  • May '24 May '24 1
  • April '24 Apr '24 N/A
  • March '24 Mar '24 N/A
Foreclosure Starts i
8
(Feb 2025)
+166.7%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '25 Feb '25 8
  • January '25 Jan '25 2
  • December '24 Dec '24 8
  • November '24 Nov '24 1
  • October '24 Oct '24 3
  • September '24 Sep '24 3
  • August '24 Aug '24 N/A
  • July '24 Jul '24 2
  • June '24 Jun '24 6
  • May '24 May '24 N/A
  • April '24 Apr '24 N/A
  • March '24 Mar '24 N/A
Completed Foreclosures (REOs) i
2
(Feb 2025)
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '25 Feb '25 2
  • January '25 Jan '25 1
  • December '24 Dec '24 N/A
  • November '24 Nov '24 4
  • October '24 Oct '24 N/A
  • September '24 Sep '24 N/A
  • August '24 Aug '24 1
  • July '24 Jul '24 N/A
  • June '24 Jun '24 1
  • May '24 May '24 N/A
  • April '24 Apr '24 3
  • March '24 Mar '24 N/A
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