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Elephant Butte, NM Homes under $200,000

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  • 521 Ontario Dr, Elephant Butte, NM 87935
    521 Ontario Dr, Elephant Butte, NM 87935
    521 Ontario Dr, Elephant Butte, NM 87935
    /16

    $149,900

    • 2 Beds
    • 2 Baths
    • 1,398 Sq Ft

    521 Ontario Dr, Elephant Butte, NM 87935

    Handyman Special, this 2 bed 2 bath with 2 car garage is priced right. Check this one out!

    David Meyer Dm And Bm Realty Inc

    521 Ontario Dr, Elephant Butte, NM 87935
  • 101 Organ Ave, Elephant Butte, NM 87935
    101 Organ Ave, Elephant Butte, NM 87935
    101 Organ Ave, Elephant Butte, NM 87935
    /35

    $165,000

    • 3 Beds
    • 2 Baths
    • 1,974 Sq Ft

    101 Organ Ave, Elephant Butte, NM 87935

    3 BEDROOM 2 BATH HOME WITH FENCED YARD ON LARGE .82 ACRE LOT. ATTACHED 2 CAR GARAGE. ENCLOSED BREEZEWAY USED AS THE LAUNDRY ROOM. LOCATED ON THE CORNER OF WARM SPRING BLVD AND ORGAN STREET IN ELEPHANT BUTTE. MINUTES TO ELEPHANT BUTTE LAKE AND SHORT DRIVE TO T OR C.

    LANEER WRYE CRIPPLE CREEK REALTY

    101 Organ Ave, Elephant Butte, NM 87935
  • 312 Ocotillo Dr, Truth Or Consequences, NM 87901
    312 Ocotillo Dr, Truth Or Consequences, NM 87901
    312 Ocotillo Dr, Truth Or Consequences, NM 87901
    /66

    $199,500

    • 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
  • 100 Camino Encantado, Elephant Butte, NM 87935
    100 Camino Encantado, Elephant Butte, NM 87935
    100 Camino Encantado, Elephant Butte, NM 87935
    /16

    $110,000

    • 2 Beds
    • 1 Bath
    • 692 Sq Ft

    100 Camino Encantado, Elephant Butte, NM 87935

    This two bedroom one bathroom Lake Cabin sits on a corner lot right around the corner from the Sierra Del Rio Golf Course & the entrance to Elephant Butte State Park. The Home has a fenced in covered carport. The newer roof was installed in 2021, twelve solar panels installed in 2022 & four double pained windows installed in 2011. Other improvements are footing & foundation installed in 2011,

    John Lucero Realty One of New Mexico, LLC

    100 Camino Encantado, Elephant Butte, NM 87935
New Mexico Elephant Butte

Real Estate & Homes in Elephant Butte, NM under $200,000

Home Trends in Elephant Butte, NM

On average, homes in Elephant Butte, NM sell after 86 days on the market compared to the national average of 48 days. The average sale price for homes in Elephant Butte, NM over the last 12 months is $315,237, up 12% from the average home sale price over the previous 12 months.

Home Trends

Median Price (12 Mo)
$285,000
Median Single Family Price
$342,500
Average Price Per Sq Ft
$195
Number of Homes for Sale
22
Last 12 months Home Sales
52
Months of Supply
5.10
Median List Price
$345,000
Median Discount From 1st List Price
0%
Median Home Sale Price YoY Change
11%
How to Buy a Home How to Finance a Home How to Sell a Home

In Elephant Butte, you'll find a diverse selection of properties with 4 homes for sale under $200,000, catering to budget-conscious buyers seeking affordable housing solutions. Whether you're a first-time homebuyer in search of a cozy starter home or an investor eyeing a promising opportunity, these affordable homes provide a gateway into the real estate market in Elephant Butte, NM.

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