Active Listings
33
⇧ 10% vs 30 last year
Data as of September 2026. Source: Realtor.com.
The ELEPHANT BUTTE, NM real estate market (87935) currently shows 33 active listings, with 3 pending sales. Homes are averaging 111 days on the market before going under contract.
Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 111 days on market compared to 81 days last year.
The median listing price has risen 19.5% year-over-year, from $349,500 to $417,750.
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 September 2026, there are 33 active listings in ELEPHANT BUTTE, NM (zip code 87935), compared to 30 the prior year.
The median listing price in ELEPHANT BUTTE, NM 87935 is $417,750 as of September 2026, a 19.5% increase from $349,500 the prior year.
Homes in ELEPHANT BUTTE, NM 87935 spend an average of 111 days on the market before going under contract, compared to 81 days the prior year.
Based on current inventory and days-on-market data as of September 2026, ELEPHANT BUTTE, NM 87935 is currently a Buyer's Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 111 days on market compared to 81 days last year.
With SELL123.com's maximum 3% commission, sellers in ELEPHANT BUTTE, NM 87935 save an estimated $8,355 compared to a typical 5% commission on the median listing price of $417,750. 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.