Active Listings
47
⇧ 95.8% vs 24 last year
Data as of April 2026. Source: Realtor.com.
The ELEPHANT BUTTE, NM real estate market (87935) currently shows 47 active listings, with 8 pending sales. Homes are averaging 85 days on the market before going under contract.
Inventory has increased compared to last year, with 23 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 85 days on market compared to 68 days last year.
The median listing price has fallen 24.2% year-over-year, from $439,000 to $332,875.
Whether you are buying or selling in ELEPHANT BUTTE, NM, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 1,718 · Density: 17.3/mi² · Median household income: $39,746
Typical home value: $187,042 · Homeownership: 86.3%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 87935 | Elephant Butte, NM 87935 | 0.0 mi | 39 | $15,898,701 | $333,750 | $407,659 |
| 87901 | Truth Or Consequences, NM 87901 | 13.3 mi | 49 | $12,562,718 | $209,450 | $256,382 |
| 87931 | Caballo, NM 87931 | 23.0 mi | 6 | $1,853,880 | $259,900 | $308,980 |
| 87943 | Winston, NM 87943 | 29.2 mi | 3 | $447,000 | $149,000 | $149,000 |
| 88042 | Hillsboro, NM 88042 | 36.3 mi | 8 | $3,424,896 | $457,500 | $428,112 |
| 87937 | Hatch, NM 87937 | 45.2 mi | 3 | $523,500 | $174,500 | $174,500 |
| 88041 | Hanover, NM 88041 | 50.6 mi | 5 | $3,082,500 | $490,000 | $616,500 |
| 88012 | Las Cruces, NM 88012 | 53.1 mi | 364 | $130,602,108 | $338,606 | $358,797 |
| 87801 | Socorro, NM 87801 | 56.9 mi | 28 | $7,898,436 | $228,725 | $282,087 |
| 88053 | Pinos Altos, NM 88053 | 62.3 mi | 2 | $743,400 | $371,700 | $371,700 |
| 88034 | Faywood, NM 88034 | 63.3 mi | 0 | $0 | $429,000 | $429,000 |
| 88026 | Santa Clara, NM 88026 | 63.9 mi | 8 | $968,800 | $120,000 | $121,100 |
| 87823 | Lemitar, NM 87823 | 66.0 mi | 4 | $1,523,900 | $392,500 | $380,975 |
As of April 2026, there are 47 active listings in ELEPHANT BUTTE, NM (zip code 87935), compared to 24 the prior year.
The median listing price in ELEPHANT BUTTE, NM 87935 is $332,875 as of April 2026, a 24.2% decrease from $439,000 the prior year.
Homes in ELEPHANT BUTTE, NM 87935 spend an average of 85 days on the market before going under contract, compared to 68 days the prior year.
Based on current inventory and days-on-market data as of April 2026, ELEPHANT BUTTE, NM 87935 is currently a Buyer's Market. Inventory has increased compared to last year, with 23 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 85 days on market compared to 68 days last year.
With SELL123.com's maximum 3% commission, sellers in ELEPHANT BUTTE, NM 87935 save an estimated $6,658 compared to a typical 5% commission on the median listing price of $332,875. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.