A+
19%
Med. Home Val. NAT. AVG.
1%
Rent NAT. AVG.
35%
Owner Occ. NAT. AVG.

Elephant Butte Housing Information

IndexElephant ButteNew MexicoNational
Median home price$263,039$283,484$326,622
Median rent asked$1,465$1,180$1,444
Avg. people per household2.02.72.6
Owner occupied households85.7%67.8%63.6%
Renter occupied households14.3%32.2%36.4%
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Housing Quick Facts

  • The median home price in Elephant Butte is 19% lower than the national average.
  • The median rent asked in Elephant Butte is 1% higher than the national average.
  • The average number of people per household in Elephant Butte is 23% lower than the national average.
  • The number of owner occupied households in Elephant Butte is 35% higher than the national average.
  • The number of renter occupied households in Elephant Butte is 61% lower than the national average.

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Compare Elephant Butte, NM Housing

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Hot Springs Landing, NM48$0100%
      Caballo, NM121$0100%
      Williamsburg, NM495$120,26763%
      Truth or Consequences, NM5,976$148,90754%
      Las Palomas, NM120$209,21736%
      Elephant Butte, NM1,605$263,03919%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Itasca, TX1,605$144,32356%
      Brownsboro, TX1,605$218,73133%
      Lexington, MS1,605$104,15668%
      Red Corral, CA1,606$591,40281%
      Waterflow, NM1,604$283,07513%
      Elephant Butte, NM1,605$263,03919%
      Source: The Elephant Butte, NM housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.