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Elephant Butte, NM Real Estate & Property Data

Elephant Butte Real Estate Market Trends

Last Updated: September 06, 2025

Accurate and comprehensive real estate data is critical for insight into Elephant Butte, NM 87935. ATTOM’s Elephant Butte real estate data is updated daily, and current market trends show that in Elephant Butte, NM a total of 66 residential properties have sold over the past year. With a median home price of $381,425 in Elephant Butte. 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

Get property data for any address in Elephant Butte, NM or the country:

Total Residential Properties 1,627

Total Commercial Properties 1

Avg. Home Age (Single Family Home) 35 Years

Avg. Square Feet (Single Family Home) 1,749

Total 2025 Residential Sales (year-to-date) 31

% of Homes Seriously Underwater (Q3 2025) 0.94%

Total 2024 Residential Sales 57

% of Equity Rich Homes (Q3 2025) 16.65%

Effective 2024 Property Tax 0.53%

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

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Elephant Butte, NM 87935 Real Estate Overview

There were 66 residential properties sold in the past year in Elephant Butte, NM 87935. The median home value in Elephant Butte, NM 87935 is $193,331. There are a total of 1,627 residential properties in the 87935.

Median Sales Price i

$381,425

(Jun 2025)

+239%

year-over-year

y-o-y

June '25 Jun '25 $381,425
May '25 May '25 N/A
April '25 Apr '25 $136,558
March '25 Mar '25 N/A
February '25 Feb '25 $188,303
January '25 Jan '25 N/A
December '24 Dec '24 $334,875
November '24 Nov '24 N/A
October '24 Oct '24 $270,280
September '24 Sep '24 $258,382
August '24 Aug '24 $312,187
July '24 Jul '24 $354,375

Median Down Payment i

$76,285

(Jun 2025)

-1%

year-over-year

y-o-y

June '25 Jun '25 $76,285
May '25 May '25 N/A
April '25 Apr '25 $12,500
March '25 Mar '25 N/A
February '25 Feb '25 $36,000
January '25 Jan '25 N/A
December '24 Dec '24 $41,233
November '24 Nov '24 N/A
October '24 Oct '24 $7,301
September '24 Sep '24 $48,400
August '24 Aug '24 $62,437
July '24 Jul '24 $72,437

Number of Homes Sold i

6

(Jun 2025)

-14.3%

year-over-year

y-o-y

June '25 Jun '25 6
May '25 May '25 3
April '25 Apr '25 11
March '25 Mar '25 4
February '25 Feb '25 3
January '25 Jan '25 4
December '24 Dec '24 6
November '24 Nov '24 N/A
October '24 Oct '24 5
September '24 Sep '24 6
August '24 Aug '24 6
July '24 Jul '24 5

Number of Purchase Loans i

3

(Jun 2025)

year-over-year

y-o-y

June '25 Jun '25 3
May '25 May '25 N/A
April '25 Apr '25 2
March '25 Mar '25 N/A
February '25 Feb '25 2
January '25 Jan '25 1
December '24 Dec '24 9
November '24 Nov '24 N/A
October '24 Oct '24 2
September '24 Sep '24 2
August '24 Aug '24 3
July '24 Jul '24 3

Number of REFI Loans i

2

(Jun 2025)

+100%

year-over-year

y-o-y

June '25 Jun '25 2
May '25 May '25 1
April '25 Apr '25 1
March '25 Mar '25 2
February '25 Feb '25 1
January '25 Jan '25 N/A
December '24 Dec '24 2
November '24 Nov '24 2
October '24 Oct '24 1
September '24 Sep '24 1
August '24 Aug '24 1
July '24 Jul '24 N/A

Number of HELOC Loans i

June '25 Jun '25 N/A
May '25 May '25 N/A
April '25 Apr '25 N/A
March '25 Mar '25 N/A
February '25 Feb '25 N/A
January '25 Jan '25 N/A
December '24 Dec '24 N/A
November '24 Nov '24 N/A
October '24 Oct '24 1
September '24 Sep '24 N/A
August '24 Aug '24 N/A
July '24 Jul '24 3

Elephant Butte, NM 87935 Real Estate Market Overview

Last 30 days

Street
Street
Street

1
2

Elephant Butte, NM 87935 Foreclosure Activity

Total Foreclosure Filings i

June '25 Jun '25 N/A
May '25 May '25 N/A
April '25 Apr '25 N/A
March '25 Mar '25 N/A
February '25 Feb '25 N/A
January '25 Jan '25 N/A
December '24 Dec '24 N/A
November '24 Nov '24 N/A
October '24 Oct '24 N/A
September '24 Sep '24 N/A
August '24 Aug '24 N/A
July '24 Jul '24 1

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