4

Elephant Butte, NM Homes for Sale under $400,000

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  • /47

    $310,000

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

    865 Highway 181, Truth Or Consequences, NM 87901

    Looking for the best of both worlds? Here it is! Over 4 acres of Country Charm with City Convenience: Experience serene living with room to grow, surreal views and virtually no close neighbors thanks in part to BLM surrounding parts of the property! Come see this custom 1,900+ sq. ft. ranch style home that features 3 bedrooms and two baths on a fenced 4.4 acre lot. Highlights include: large entry

    Felipe Rodriguez VOLARE REALTY GROUP

    865 Highway 181, Truth Or Consequences, NM 87901
  • /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
  • /65

    $337,500

    • 4 Beds
    • 2 Baths
    • 1,524 Sq Ft

    402 Skyline Dr, Truth Or Consequences, NM 87901

    Discover this stunning new home in beautiful Elephant Butte New Mexico. crafted with 2x6 construction, and offering a perfect blend of modern design and details. Spanning 1,524 sq. ft., this residence features 4 spacious bedrooms and 2 beautifully appointed bathrooms. The versatile4th bedroom can easily function as an office or cozy den, catering to your lifestyle needs. Situated on an expansive

    Cheryl Shipley RIO MESA REALTY

    402 Skyline Dr, Truth Or Consequences, NM 87901
  • /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

Home Trends in Elephant Butte, NM

Housing Trends

Median Sale Price
$309,000
Median Single Family Sale Price
$331,000
Average Price Per Sq Ft
$191
Number of Homes for Sale
19
Last 12 months Home Sales
27
Months of Supply
8.40
Median List Price
$349,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
19%
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