Are home prices going up or down in Otero County, NM?
In Otero County, NM, the typical home sold for $251,000 during May 2026. That is 13% lower than the same stretch a year ago, so prices are down.
Over the last 36 months the typical sale price in Otero County, NM went from $260,000 to $251,000 — down 3%.
The high point was $299,900, reached in January 2026. Today's typical sale is 16% below that.
Measured by size, homes in Otero County, NM are selling for about $159 per square foot. Price per square foot is the fairer comparison when the mix of what sells shifts from month to month — a run of big houses can push the typical price up without anything actually getting more expensive.
Source: Redfin's published market data for the Otero County, NM area, through May 2026.
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More about the Otero County, NM market
- When is the best month to sell a house in Otero County, NM?
- How long does it take to sell a house in Otero County, NM?
- Do homes sell above asking price in Otero County, NM?
- Is Otero County, NM a buyer's market or a seller's market?
- Are sellers cutting prices in Otero County, NM?
- Is the housing market slowing down in Otero County, NM?
- What is the average home price in Otero County, NM?
- How many homes are for sale in Otero County, NM?
- All Otero County, NM housing numbers
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Figures come from Redfin's published market data for the Otero County, NM area, through May 2026. Neighborhood Numbers is an independent data publisher and is not affiliated with Redfin. We update these pages when Redfin publishes, once a month.