72

Elephant Butte, NM Homes for Sale

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  • /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
  • /59

    $439,000 New Construction

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

    107 Las Cruces, Elephant Butte, NM 87935

    Looking for a lifestyle to relax--yet never get bored? Overlook the Turtleback Mountain Golf & Resort & soak in the desert wildlife & 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 out your back door equipped with

    Agent Photo

    Abraham Cardenas

    EXIT REALTY HORIZONS

    (575) 400-5487

    107 Las Cruces, Elephant Butte, NM 87935
  • /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
  • /50

    $439,000 New Construction

    • 3 Beds
    • 2 Baths
    • 1,566 Sq Ft

    201 Las Cruces, Elephant Butte, NM 87935

    Looking for a lifestyle to relax--yet never get bored? Overlook the Turtleback Mountain Golf & Resort & soak in the desert wildlife & 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 out your back door equipped with

    Agent Photo

    Abraham Cardenas

    EXIT REALTY HORIZONS

    (575) 552-8921

    201 Las Cruces, Elephant Butte, NM 87935
  • /66

    $539,000 New Construction

    • 3 Beds
    • 3 Baths
    • 1,859 Sq Ft

    212 Tierra Verde Cir, Elephant Butte, NM 87935

    Looking for a lifestyle to relax--yet never get bored? Overlook the Turtleback Mountain Golf & Resort & soak in the desert wildlife & 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 out your back door equipped with

    Agent Photo

    Abraham Cardenas

    EXIT REALTY HORIZONS

    (575) 483-9341

    212 Tierra Verde Cir, 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
  • /46

    $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

    KAITLIN GARCIA BETTER HOMES & GARDENS REAL ESTATE / 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
  • /37

    $225,000

    • 2 Beds
    • 2 Baths
    • 960 Sq Ft

    317 Ocotillo Dr, Truth Or Consequences, NM 87901

    Mountain Views & Modern Comfort: Your Perfect Retreat Awaits Imagine waking up each morning to breathtaking mountain vistas from your covered front deck – this isn't just a dream, it's your new reality. This beautifully refreshed 2-bedroom, 2-bathroom manufactured home sits proudly on an expansive lot, offering the perfect blend of comfortable living and incredible potential. Step inside to

    Rachel Woodard HOMESTEADERS REALTY

    317 Ocotillo Dr, Truth Or Consequences, NM 87901
  • /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

    $275,000

    • 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
  • /85

    $330,000

    • 3 Beds
    • 2 Baths
    • 2,079 Sq Ft

    707 Erie Ave, Truth Or Consequences, NM 87901

    Built in 2006, this 3 bed 2 bath home located in Elephant Butte boasts 2,079 sq ft and sits on approximately 3/4 of an acre. Enjoy cooking meals in the open kitchen area with stainless steel appliances and plenty of cabinet space. Interior features include an office room, tile and laminate flooring throughout, large sized bedrooms, a separate laundry room, double sinks in master bath, a tiled

    JASON VICKERS HOMESTEADERS REALTY

    707 Erie Ave, Truth Or Consequences, NM 87901
  • /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

    $185,000

    • 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
  • /89

    $339,000

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

    33 Greer Ln, Elephant Butte, NM 87935

    This modular home, built in 2004, sits on 1.75 acres, and offers ample space, with both lake and desert mountain views. Upon entering this well-kept, 1506 square foot, 2 bed 2 bath home, the open concept floor plan offers an abundance of natural light, and a spacious living room with a pellet stove. The roomy master bedroom has carpet flooring, a walk-in closet, a private patio, as well as a

    JASON VICKERS HOMESTEADERS REALTY

    33 Greer Ln, Elephant Butte, NM 87935
  • /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
  • /74

    $349,000

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

    526 Lakeshore Dr, Elephant Butte, NM 87935

    THIS PROPERTY HAS A SURPRISE FOR YOU! FOUR YEARS NEW, IMMACULATE INSIDE AND OUT, TASTEFULLY DECORATED WITH NEUTRAL COLOR SCHEMES, ADDED INSULATION, A LOT OF NATURAL LIGHT SHINES THROUGH MANY WELL-PLACED WINDOWS. ALSO FEATURING WOOD PLANK FLOORING, SPACIOUS KITCHEN WITH LARGE ISLAND AND UNDER COUNTER STORAGE, PLENTY OF CABINET AND COUNTER SPACE, UPGRAGED APPLIANCES THAT REMAIN WITH PROPERTY,

    JASON VICKERS HOMESTEADERS REALTY

    526 Lakeshore Dr, 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
  • /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
  • /2

    $36,000

    • Land
    • 0.33 Acre
    • $109,890 per Acre

    207 Olympic St, Elephant Butte, NM 87935

    Vacant lot utilities are near site. Easy access to the Lake

    Helen Lyon CRIPPLE CREEK REALTY, LLC

    207 Olympic St, 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
  • /16

    $250,000

    • 2 Beds
    • 2 Baths
    • 1,215 Sq Ft

    109 Mimbres Rd, Elephant Butte, NM 87935

    This fabulous 2-bedroom, 2-bath home is full of character and ready to be enjoyed from day one. Set on a large lot with eye-catching desert landscaping, the property offers space, comfort, and convenience just minutes from Elephant Butte Lake State Park. Inside, the home is fully furnished and thoughtfully styled with vibrant colors that create a warm, welcoming atmosphere. Central air

    Crystal Mccaslin BETTER HOMES & GARDENS REAL ESTATE / STEINBORN & ASSOCIATES

    109 Mimbres Rd, 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
  • /97

    $595,000

    • 3 Beds
    • 4 Baths
    • 2,515 Sq Ft

    34 Underwood Place, Elephant Butte, NM 87935

    STEP INTO A WORLD WHERE ANCIENT ELEGANCE MEETS MODERN COMFORT IN THIS STUNNING PROPERTY, METICULOUSLY CRAFTED TO EVOKE THE TIMELESS SPIRIT OF GREEK ARCHICTECTURE. INSPIRED BY THE SELLER'S IN-DEPTH KNOWLEDGE AND APPRECIATION OF THE CULTURE, TALL CLEAN -LINED COLUMNS PROVIDE A MAJESTIC "TEMPLE-FRONT" AESTHETIC GRAND ENTRY. ONCE INSIDE, A VIEW OF THE LAKE AND KETTLETOP IS BEAUTIFULLY FRAMED BY THE

    JASON VICKERS HOMESTEADERS REALTY

    34 Underwood Place, Elephant Butte, NM 87935
  • /43

    $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
  • /33

    $315,000

    • 3 Beds
    • 1.5 Baths
    • 1,617 Sq Ft

    716 Erie Ave, Elephant Butte, NM 87935

    This charming three-bedroom, two-bath home sits on a half-acre lot just minutes from Elephant Butte Lake and the Sierra del Rio Golf Course at Turtleback Mountain Resort. Its open floor plan and spacious kitchen island create an ideal setting for gatherings and entertaining. A unique double Jack-and-Jill bathroom features two private toilet rooms, each with its own sink, connected by a shared

    Judy Valtierra CRIPPLE CREEK REALTY

    716 Erie Ave, Elephant Butte, NM 87935

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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 $408,231.
How many homes have sold over the last 12 months in Elephant Butte, NM?
32 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 $364,450. If you put a 20% down payment of $72,900 and had a 30-year fixed mortgage with an interest rate of 6.09%, your estimated principal and interest payment would be $1,760 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $75K 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
$325,000
Median Single Family Sale Price
$376,500
Average Price Per Sq Ft
$203
Number of Homes for Sale
26
Last 12 months Home Sales
32
Months of Supply
9.80
Median List Price
$364,450
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
24%
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