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Elephant Butte, NM Homes for Sale

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  • /2

    $678,800

    • 3,888 Sq Ft

    714 New Mexico 52, Elephant Butte, NM 87935

    Seller is extremely motivated and plans to leave over $100,000 worth of equipment at this amazing 10.6-Acre Property with 245 pecan trees - Updated Home, Guest Apartment, Garage, Well & Equipment - Near Elephant Butte Lake Experience peaceful country living on this beautiful 10.6-acre irrigated hobby farm just 15 minutes from Elephant Butte Lake and 20 minutes from the hot springs in Truth or

    Agent Photo

    Selling The Sandias

    EXP Realty LLC

    (575) 400-5652

    714 New Mexico 52, Elephant Butte, NM 87935
  • /14

    $65,000

    • Land
    • 0.1 Acre
    • $650,000 per Acre

    107 Lake View Ln, Elephant Butte, NM 87901

    Discover the perfect spot to build your dream home at 107 Lake View Ln, Elephant Butte, NM, located within the Turtleback Mountain Resort community. This vacant lot offers a blank canvas for your vision, whether it's a full-time residence, vacation getaway, or investment. With nearby golf, lake access, and resort amenities on the horizon, you'll enjoy a lifestyle that blends recreation and

    Agent Photo

    Abraham Cardenas

    EXIT Realty Horizons

    (575) 400-5587

    107 Lake View Ln, Elephant Butte, NM 87901
  • /49

    $524,000 New Construction

    • 3 Beds
    • 2.5 Baths
    • 1,856 Sq Ft

    210 Tierra Verde Cir, Elephant Butte, NM 87935

    Looking for a lifestyle to relax--yet never get bored? Overlook the Turtleback Mountain Golf and Resort & soak in the desert wildlife and serenity that comes with living in a gated community in the suburbs of Elephant Butte. Elephant Butte Lake is only 5 minutes away offering all kinds of recreational activities & the Turtleback Mountain Golf & Resort course is right around the corner equipped

    Agent Photo

    Abraham Cardenas

    EXIT REALTY HORIZONS

    (575) 551-7566

    210 Tierra Verde Cir, Elephant Butte, NM 87935
  • /57

    $469,000 New Construction

    • 3 Beds
    • 2 Baths
    • 1,702 Sq Ft

    123 Mesa Grande Rd, Elephant Butte, NM 87935

    Looking for a lifestyle to relax--yet never get bored? Overlook the Turtleback Mountain Golf and Resort & soak in the desert wildlife and serenity that comes with living in a gated community in the suburbs of Elephant Butte. Elephant Butte Lake is only 5 minutes away offering all kinds of recreational activities & the Turtleback Mountain Golf & Resort course is right around the corner equipped

    Agent Photo

    Abraham Cardenas

    EXIT REALTY HORIZONS

    (575) 251-3915

    123 Mesa Grande Rd, Elephant Butte, NM 87935
  • /40

    $529,000

    • 4 Beds
    • 3 Baths
    • 3,815 Sq Ft

    39 Underwood Blvd, Elephant Butte, NM 87935

    LUXURY LAKESIDE LIVING: STUNNING 4-BEDROOM RETREAT AT 39 UNDERWOOD BLVD, ELEPHANT BUTTE, NM Discover your dream home in the prestigious Lakeshore Highlands subdivision of Elephant Butte. This extraordinary 4-bedroom, 3-bathroom, 3,815 sq. ft. Southwestern-style residence offers an unparalleled blend of luxury, comfort, and direct access to New Mexico's premier natural playground and a world-class

    Cheryl Shipley RIO MESA REALTY

    39 Underwood Blvd, Elephant Butte, NM 87935
  • /2

    $35,000

    • Land
    • 0.37 Acre
    • $94,595 per Acre

    213 Montreal Ave, Elephant Butte, NM 87935

    Helen Lyon CRIPPLE CREEK REALTY, LLC

    213 Montreal Ave, Elephant Butte, NM 87935
  • /4

    $50,000

    • Land
    • 0.75 Acre
    • $66,667 per Acre

    Lot 79 Rio Grande Cir, Elephant Butte, NM 87935

    Great .75 acre lot cleared, level and ready to go. Just waiting for the perfect person to build their lake house on it. All existing utilities are in the road near site. Septic needed. Just minutes to Elephant Butte Lake. Take a look!

    LANEER WRYE CRIPPLE CREEK REALTY

    Lot 79 Rio Grande Cir, Elephant Butte, NM 87935
  • /47

    $210,000

    • 3 Beds
    • 2 Baths
    • 1,200 Sq Ft

    13 Greer Ln, Elephant Butte, NM 87935

    Welcome to your desert oasis near the sparkling waters of Elephant Butte Lake! This charming manufactured home offers the perfect blend of comfort and outdoor living, featuring three bedrooms and two bathrooms spread across 1,200 square feet of thoughtfully designed living space. The primary bedroom provides a peaceful retreat, while two additional bedrooms offer plenty of space for family or

    Victor Torres BHGRE Steinborn & Associates

    13 Greer Ln, Elephant Butte, NM 87935
  • /66

    $194,500

    • 3 Beds
    • 2 Baths
    • 1,960 Sq Ft

    312 Ocotillo Dr, Truth Or Consequences, NM 87901

    Nice double wide with double lot property! Granite countertops in the kitchen and bathroom. Replaced light fixtures and fans throughout the property. There are two mini split units (2 ton unit in large room and 1 ton unit in game room). Freshly painted, replaced flooring, updated showers and bathrooms! Amazing views with the back of the property abutting BLM land. There is 1 car garage and 2 car

    Mireya Cevallos Exp Realty, LLC

    312 Ocotillo Dr, Truth Or Consequences, NM 87901
  • /2

    $9,950

    • Land
    • 1.54 Acres
    • $6,461 per Acre

    LOT 793 Pinto Trail, Elephant Butte, NM 87935

    1.54 Acre lot in Lakeshore Highlands. Just minutes from elephant Butte Lake. Build your dream home

    Rachel Woodard HOMESTEADERS REALTY

    LOT 793 Pinto Trail, Elephant Butte, NM 87935
  • /30

    $265,000

    • 4 Beds
    • 2.5 Baths
    • 2,240 Sq Ft

    516 Pike Rd, Elephant Butte, NM 87935

    Beautiful views of Elephant Butte Lake from this 0.47 acre lot. 2240 sq ft 4 bedroom 2.5 bath home. Beautiful lake views from multiple rooms, open living area with fireplace, cabinet filed kithen, large laundry room. 2nd living area with pool table. Large main bedroom with soaking tub and walk in shower. Detached 24X40 garage, plenty of room for all the lake toys.

    Rachel Woodard HOMESTEADERS REALTY

    516 Pike Rd, Elephant Butte, NM 87935
  • /3

    $50,000

    • Land
    • 0.61 Acre
    • $81,967 per Acre

    VL Rio Grande Cir, Elephant Butte, NM 87935

    Bring your dreams, your home plans and your lake toys. This lot awaits your dream home or your lake get away home.

    Donald Auge Coldwell Banker Legacy

    VL Rio Grande Cir, Elephant Butte, NM 87935
  • /26

    $245,000

    • 3 Beds
    • 2 Baths
    • 1,080 Sq Ft

    200 Trinity Ave, Elephant Butte, NM 87935

    This manufacture home is great and ready for you to move in. Bring your personal items and you're ready for great day at the lake. Home features a 3 bedroom and 2 full baths. Living room with wood stove. Kitchen with eating area. Super nice covered patio facing the north for an early morning coffee time or an evening dinner. Detached two car garage. Completely fenced yard easy care landscaping.

    Helen Lyon CRIPPLE CREEK REALTY, LLC

    200 Trinity Ave, Elephant Butte, NM 87935
  • /52

    $350,000

    • 2 Beds
    • 2 Baths
    • 1,941 Sq Ft

    506 Catfish Rd, Elephant Butte, NM 87935

    Exceptional Lakefront Property with Panoramic Elephant Butte Lake Views Discover the perfect blend of comfort and natural beauty in this thoughtfully designed 1,941 square foot residence, where breathtaking views of Elephant Butte Lake create an ever-changing backdrop for daily life. This distinguished two-bedroom, two-bathroom home welcomes you with an expansive living room that serves as the

    Rachel Woodard HOMESTEADERS REALTY

    506 Catfish Rd, Elephant Butte, NM 87935
  • /5

    $233,100

    • Land
    • 0 Acre

    200 Springland Blvd, Elephant Butte, NM 87935

    GREAT Investor's Opportunity! Lakeshore 2nd Filing & Replat packages. Property SOLD in (As is) conditions. Actual address will be issued when purchased. 12 lots +-

    Helen Lyon CRIPPLE CREEK REALTY, LLC

    200 Springland Blvd, Elephant Butte, NM 87935
  • /35

    $335,000

    • 2 Beds
    • 2 Baths
    • 1,685 Sq Ft

    105 La Punta Rd, Elephant Butte, NM 87935

    WELCOME TO YOUR DREAM ESCAPE AT THE MOST AFFORDABLE ASKING PRICE IN ELEPHANT BUTTE'S PRESTIGIOUS CHAMPIONSHIP GOLF COURSE AND RESORT. NESTLED WITHIN THE VILLA TUSCANO NEIGHBORHOOD. THIS SOUTHWEST - STYLE RANCH HOME EFFORTLESSLY COMBINES COMFORT AND STYLE, OFFERING BREATHTAKING SUNSETS AND PEACEFUL MORNINGS FROM THE COVERED PATIO OVERLOOKING THE WELL MANICURED FAIRWAY OF HOLE #18! THIS DELIGHFUL

    Cathy Vickers HOMESTEADERS REALTY

    105 La Punta Rd, Elephant Butte, NM 87935
  • /3

    $70,000

    • Land
    • 0.53 Acre
    • $132,075 per Acre

    104 Erie Ct, Elephant Butte, NM 87935

    Helen Lyon CRIPPLE CREEK REALTY, LLC

    104 Erie Ct, Elephant Butte, NM 87935
  • /54

    $199,900

    • 3 Beds
    • 2 Baths
    • 2,120 Sq Ft

    777 New Mexico 181, Truth Or Consequences, NM 87901

    SUNRISES & SUNSETS await the new owner of this private & spacious MFH. Pride of ownership inside & outside this 1976, 3BRS, 1-3/4Ba DW w/over 2100 sq.ft. Tiled entry, spacious LR, formal tiled DR & roomy DEN/FAM. RM. w/fireplace (never used). Country KIT. w/all appliances, dining area, breakfast bar & pantry. Split BR floor plan offers MBR suite w/dual closets & 3/4 BA w/handicap features.

    Andrea Freeman DESERT LAKES REALTY

    777 New Mexico 181, Truth Or Consequences, NM 87901
  • /60

    $315,000

    • 3 Beds
    • 2 Baths
    • 1,928 Sq Ft

    865 Highway 181, Truth Or Consequences, NM 87901

    ENJOY THE BEST OF BOTH WORLDS - PEACEFUL COUNTRY LIVING W/CITY CONVENIENCE PLUS POTENTIAL FOR EXPANSION. This fenced 4.42 acres offers 3BRS, two, 3/4 BA, custom ranch w/over 1900 sq.ft. of comfort & charm. Step inside the spacious Sunroom entry to an inviting oversized LR/DR w/laminate flooring & warmth & character of knotty pine paneling. Country style KIT. boasts granite counters, abundant

    Andrea Freeman DESERT LAKES REALTY

    865 Highway 181, Truth Or Consequences, NM 87901
  • /2

    $49,000

    • Land
    • 0.5 Acre
    • $98,790 per Acre

    719 Erie Ave, Elephant Butte, NM 87935

    Build your dream home on this lot in Elephant Butte! Utilities nearby. Enjoy the space to build a home and have room for a shop still. Minutes from the boat ramp and beaches. Don't miss this one!

    Summer Woods CRIPPLE CREEK REALTY, LLC

    719 Erie Ave, Elephant Butte, NM 87935
  • /13

    $33,000

    • Land
    • 0.64 Acre
    • $51,562 per Acre

    204 Superior Dr, Elephant Butte, NM 87935

    .64 acre lot on paved road in Elephant Butte. Just minutes from Marina del Sur and Sierra Del Rio Golf course. Plenty of room for your home and all your lake toys.

    Rachel Woodard HOMESTEADERS REALTY

    204 Superior Dr, Elephant Butte, NM 87935
  • /76

    $219,000

    • 3 Beds
    • 2 Baths
    • 1,506 Sq Ft

    104 Scottsdale Dr, Elephant Butte, NM 87935

    Beautiful well maintained ADA accessible FURNISHED 1986 Cameo 16 x 80 manufactured home. Sits on .68 acre. 3 bedroom 2 bath home with a sunroom full of windows. Covered deck front and rear with great views. Garage and other storage buildings; one insulated, heated & cooled with 12 ft ceilings 10x10 and 8x10 doors, loft & phoneline. RV parking space. 35 foot carport. Master bath has 2 showers; one

    LANEER WRYE CRIPPLE CREEK REALTY

    104 Scottsdale Dr, Elephant Butte, NM 87935
  • /66

    $339,000

    • 4 Beds
    • 2 Baths
    • 1,568 Sq Ft

    124 San Mateo Ave, Elephant Butte, NM 87935

    Looking for a place to store your toys? With a 60 X 40 Metal shop, it has just that! This 2005 Cavco 4-bedroom, 2 bath 1568 sq ft home has laminated, tile and carpet flooring. The carpet has been updated in November of 2025. Open living room, dining area and an updated master bathroom. The property is completely fenced, enough room for RV parking and with the covered back porch, makes it a great

    JASON VICKERS HOMESTEADERS REALTY

    124 San Mateo Ave, Elephant Butte, NM 87935
  • /2

    $9,950

    • Land
    • 1.92 Acres
    • $5,182 per Acre

    Lot 630 Mustang P, Elephant Butte, NM 87935

    1.92 Acre lot in Lakeshore Highlands. Just minutes from elephant Butte Lake. Build your dream home

    Rachel Woodard HOMESTEADERS REALTY

    Lot 630 Mustang P, Elephant Butte, NM 87935
  • /3

    $37,500

    • Land
    • 0.4 Acre
    • $93,750 per Acre

    206 Ontario Dr, Elephant Butte, NM 87935

    Helen Lyon CRIPPLE CREEK REALTY, LLC

    206 Ontario Dr, Elephant Butte, NM 87935
  • /2

    $9,950

    • Land
    • 3.37 Acres
    • $2,953 per Acre

    LOT 620 Greer Ln, Elephant Butte, NM 87935

    2.11 Acre lot in Lakeshore Highlands. Just minutes from elephant Butte Lake. Build your dream home

    Rachel Woodard HOMESTEADERS REALTY

    LOT 620 Greer Ln, Elephant Butte, NM 87935
  • /54

    $439,000 New Construction

    • 3 Beds
    • 2.5 Baths
    • 1,571 Sq Ft

    105 Las Cruces, Elephant Butte, NM 87935

    Welcome to Turtleback Mountain Golf & Resort, one of the Southwest’s most scenic Elephant Butte, New Mexico, just minutes from Elephant Butte Lake, a world-class destination for fishing, boating, and watersports. Outdoor enthusiasts will find this area a paradise, with access to amazing hiking trails, scenic desert landscapes, and incredible hunting opportunities. Whether you're casting a line,

    Cheryl Shipley RIO MESA REALTY

    105 Las Cruces, Elephant Butte, NM 87935
  • /4

    $2,043,800

    • Land
    • 6.43 Acres
    • $317,854 per Acre

    1 Cedar Canyon Blvd Unit 1, Elephant Butte, NM 87935

    Great Investment Opportunity.

    Helen Lyon Cripple Creek Realty, LLC

    1 Cedar Canyon Blvd Unit 1, Elephant Butte, NM 87935
  • /41

    $1,450,000

    • 4 Beds
    • 3.5 Baths
    • 3,289 Sq Ft

    300 Catfish Rd, Elephant Butte, NM 87935

    Lake living at its finest! This stunning lake house off Hot Springs RD offers soaring ceilings, breathtaking views, porcelain floors, granite counter tops, grand chandelier & custome fixtures and features, HVAC, paid off solar, 10 car garage with four 16 foot automatic drive thru doors, separate apartment, jacuzzi tub, outdoor kitchen and entertainment deck and lake views that will steal your

    Vance Kabella Coldwell Banker Legacy

    300 Catfish Rd, Elephant Butte, NM 87935
  • /52

    $159,000

    • 2 Beds
    • 1 Bath
    • 700 Sq Ft

    517 San Andres Dr, Elephant Butte, NM 87935

    This appealing 2 bed 1 bath property has a lot to offer! From beautiful views of Turtleback Mountain, along with plenty of room for parking vehicles, lake toys or an RV. End the day relaxing under the back covered patio or front porch. The detached garage and attached carport provide additional storage. Inside features include mini split A/C's, open kitchen and living room area. The home has both

    JASON VICKERS HOMESTEADERS REALTY

    517 San Andres Dr, Elephant Butte, NM 87935
  • /58

    $210,000

    • 3 Beds
    • 2 Baths
    • 1,216 Sq Ft

    304 Ocotillo Dr, Elephant Butte, NM 87935

    This very well maintained 2018 Champion 1,216 sq ft 3 bed 2 bath home located in Elephant Butte has a lot to offer along with a separate 1/2-acre lower lot that is zoned commercial. Inside features include an open living and kitchen area. Linoleum and carpet flooring, laundry room and a large master bedroom with double sinks, a tub, a separate shower and the closet in the bathroom. Under the

    JASON VICKERS HOMESTEADERS REALTY

    304 Ocotillo Dr, Elephant Butte, NM 87935
  • /62

    $469,000 New Construction

    • 3 Beds
    • 2 Baths
    • 1,702 Sq Ft

    119 Mesa Grande Rd, Elephant Butte, NM 87935

    Luxury Home in Turtleback Resort — Steps From Sierra del Rio Golf Course! 119 Mesa Grande, Elephant Butte, NM 3 Bed | 2 Bath | Approx. 1,700 Sq Ft | Premier Resort Community Welcome to luxury desert living in the prestigious Turtleback Resort community. Located directly across from the stunning Sierra del Rio Golf Course, this beautifully crafted 3-bed, 2-bath home blends high-end finishes with

    Cheryl Shipley RIO MESA REALTY

    119 Mesa Grande Rd, Elephant Butte, NM 87935
  • /2

    $9,950

    • Land
    • 1.92 Acres
    • $5,182 per Acre

    Lot 631 Mustang P, Elephant Butte, NM 87935

    1.92 Acre lot in Lakeshore Highlands. Just minutes from elephant Butte Lake. Build your dream home

    Rachel Woodard HOMESTEADERS REALTY

    Lot 631 Mustang P, Elephant Butte, NM 87935
  • /40

    $519,000

    • 3 Beds
    • 2.5 Baths
    • 2,545 Sq Ft

    107 Pajaritos, Elephant Butte, NM 87935

    “Beautiful Tuscan home, perfectly situated in Villa Tuscano of Elephant Butte’s Turtleback Mountain Golf & Resort overlooking the manicured greens at holes 1 and 2 of the championship golf course. This spacious, open floor plan features a gourmet kitchen with granite countertops, stainless steel appliances, and tile flooring. The cozy, gas fireplace in the living room provides a warm and inviting

    JASON VICKERS HOMESTEADERS REALTY

    107 Pajaritos, Elephant Butte, NM 87935
  • /3

    $39,500

    • Land
    • 0.36 Acre
    • $109,722 per Acre

    702 Hawthorne Dr, Elephant Butte, NM 87935

    Helen Lyon CRIPPLE CREEK REALTY, LLC

    702 Hawthorne Dr, Elephant Butte, NM 87935
  • /27

    $1,900,000

    • Land
    • 984 Acres
    • $1,931 per Acre

    736 Upham Rd, Elephant Butte, NM 87930

    If you are searching for an exceptional value in a rural ranch, don't pass up this working cattle operation located within five miles from Space America. Over 984 acres plus 4946 acres leased BLM land. State the art gathering pens, pastures, branding pens, working corrals, 14 miles of fencing, several storage buildings, hay barn, scale house, and large workshop make the job easier. Hunting and

    Dona Stout RE/MAX Classic Realty

    736 Upham Rd, Elephant Butte, NM 87930
  • /54

    $459,000

    • 3 Beds
    • 2.5 Baths
    • 2,114 Sq Ft

    209 Ave Nido, Elephant Butte, NM 87935

    PANORAMIC VIEWS TO ENJOY FROM INDOORS OR THE COVERED PATIO OUTDOORS! THIS 3 BEDROOM, 2 1/2 BATH HOME OVERLOOKS #15 GREEN AND #16 TEE BOXES LOCATED IN THE METICULOUSLY MAINTAINED TURTLEBACK MOUNTAIN GOLF COURSE AND RESORT. HOME IS LIGHT, BRIGHT AND AIRY! TALL CEILINGS OFFER THE FEEL OF A LARGE HOME. SPACIOUS OPEN KITCHEN THAT OVERLOOKS FAMILY ROOM AND EATING AREA. PANTRY, FORMAL DINING ROOM,

    JASON VICKERS HOMESTEADERS REALTY

    209 Ave Nido, Elephant Butte, NM 87935
  • /3

    $296,100

    • Land
    • 0.22 Acre
    • $1,345,909 per Acre

    1 Country Club Rd, Elephant Butte, NM 87935

    INVESTOR'S PACKAGE WITH 37+- LOTS IN ELEPHANT BUTTE ESTATE. PACKAGE WILL NOT BE BROKEN. CALL LISTING REALTORS FOR INFORMATION. RECORDED PLATS ARE AVAILABLE AT THE SIERRA COUNTY CLERKS OFFICE. LOTS VARY IN SIZE.

    Helen Lyon CRIPPLE CREEK REALTY, LLC

    1 Country Club Rd, Elephant Butte, NM 87935
  • /33

    $199,000

    • 2 Beds
    • 2 Baths
    • 1,360 Sq Ft

    110 Palomas Ct, Elephant Butte, NM 87935

    Discover Your Perfect Lake Country Retreat Nestled on a peaceful cul-de-sac in charming Elephant Butte, this delightful 2-bedroom, 2-bathroom home offers the ideal blend of comfort and recreational living on an expansive 0.63-acre lot. At 1,360 square feet, this thoughtfully designed residence provides ample space for both relaxation and entertaining. A Home Built for Lake Life Step inside to

    Cathy Vickers HOMESTEADERS REALTY

    110 Palomas Ct, Elephant Butte, NM 87935
  • /16

    $150,000

    • 2 Beds
    • 2 Baths
    • 924 Sq Ft

    117 Trinity Ave, Truth Or Consequences, NM 87901

    Your Elephant Butte getaway is here! This 2 bedroom, 1 bath offers easy, low maintenance living and a location close to everything the area is known for (the lake, golf course, restaurants and weekend fun). Inside, the home is move-in ready with a comfortable feel throughout. Enjoy a covered porch that's perfect for morning coffee or unwinding after a day on the water.Affordable, cozy and right

    Anselmo Plancarte LPT Realty

    117 Trinity Ave, Truth Or Consequences, NM 87901

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Why Live in Elephant Butte

Elephant Butte, located at the northern edge of the Chihuahuan Desert in New Mexico, is a community known for its outdoor recreation and laid-back desert living. The area is adjacent to Elephant Butte Lake, the largest artificial reservoir in the state, which attracts tourists and residents alike with its beaches, marinas, and fishing opportunities. The Turtleback Mountain Golf Course, part of the Turtleback Mountain Golf & Resort area, is open to the public and will host the New Mexico Open from 2025 to 2027. Elephant Butte is one of the most OHV-friendly communities in the country, allowing off-highway vehicles on nearly all streets. Housing in Elephant Butte includes midcentury ranch-style and manufactured homes, as well as newer constructions featuring Tuscan-style and Pueblo Revival architecture. The community hosts several annual events, such as the Fourth of July fireworks, the Kayak Fishing Tournament in May, and the Elephant Butte Fine Arts & Crafts Show in November. Shopping is limited to locally owned stores, with major retailers located a few miles south in Truth or Consequences. Dining options are primarily mom-and-pop restaurants, including the popular Bigfoot Restaurant. Elephant Butte is zoned to Truth or Consequences Municipal Schools, with Arrey Elementary School being the highest-rated. The area is conveniently connected by State Roads 181 and 195, which link to Interstate 25, providing easy access to Albuquerque Airport, 150 miles away. The closest medical center, Sierra Vista Hospital and Rural Health Clinic, is located 6 miles south in Truth or Consequences.

Frequently Asked Questions

What is the average home price in Elephant Butte, NM?
Homes for sale in Elephant Butte, NM have an average home price of $385,128.
How many homes have sold over the last 12 months in Elephant Butte, NM?
35 homes have sold in Elephant Butte, NM over the last 12 months.
What are the most popular zip codes in Elephant Butte, NM?
The most popular zip codes in Elephant Butte, NM include 87901, 87942 and 87931.
How much do you need to make to afford a house in Elephant Butte?
The median home price in Elephant Butte is $350,000. If you put a 20% down payment of $70,000 and had a 30-year fixed mortgage with an interest rate of 6.15%, your estimated principal and interest payment would be $1,710 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $73K a year to afford the median home price in Elephant Butte. Learn how much home you can afford with our Home Affordability Calculator.
How are the schools in Elephant Butte, NM?
Elephant Butte, NM has highly rated public and private schools. The best school in Elephant Butte based on Niche Grade is Hot Springs High School. Browse all the schools in Elephant Butte, NM to learn more.

Home Trends in Elephant Butte, NM

Housing Trends

Median Sale Price
$265,000
Median Single Family Sale Price
$335,000
Average Price Per Sq Ft
$205
Number of Homes for Sale
18
Last 12 months Home Sales
35
Months of Supply
6.20
Median List Price
$350,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
0%
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