Otero County, NM Real Estate & Property Data

Otero County Real Estate Market Trends
Last Updated: September 20, 2025

With up-to-date real estate data get detailed insight into Otero County, NM sourced from the nation’s leading property data provider. The current median home price in Otero County, NM is $251,567. Otero County real estate data shows that there have been a total of 1,263 residential properties sold over the past 12 months. ATTOM’s Otero County real estate data indicates that the county has 8 properties in foreclosure and 1 REOs (real estate bank owned) properties.

Otero County Real Estate Market Trends
Total Residential Properties 21,559
Total Commercial Properties 989
Avg. Home Age (Single Family Home) 45 Years
Avg. Square Feet (Single Family Home) 1,650
Total 2025 Residential Sales (year-to-date) 631
% of Homes Seriously Underwater (Q3 2025) 0.51%
Total 2024 Residential Sales 1,183
% of Equity Rich Homes (Q3 2025) 12.38%
Effective 2024 Property Tax 0.45%
Total Foreclosure Filings (year-to-date) 69
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Otero County, NM Real Estate Overview

There were 1,263 residential properties sold in the past year in Otero County, NM. The median home value in Otero County, NM is $214,059. There are a total of 21,559 residential properties in the Otero.

Median Sales Price i
$251,567
(Jul 2025)
-1.3%
year-over-year
y-o-y
  • July '25 Jul '25 $251,567
  • June '25 Jun '25 $225,132
  • May '25 May '25 $234,454
  • April '25 Apr '25 $227,116
  • March '25 Mar '25 $210,883
  • February '25 Feb '25 $247,580
  • January '25 Jan '25 $244,097
  • December '24 Dec '24 $259,312
  • November '24 Nov '24 $271,525
  • October '24 Oct '24 $249,438
  • September '24 Sep '24 $240,504
  • August '24 Aug '24 $252,902
Median Down Payment i
$44,500
(Jul 2025)
+6.1%
year-over-year
y-o-y
  • July '25 Jul '25 $44,500
  • June '25 Jun '25 $36,000
  • May '25 May '25 $32,500
  • April '25 Apr '25 $37,500
  • March '25 Mar '25 $39,800
  • February '25 Feb '25 $48,750
  • January '25 Jan '25 $51,750
  • December '24 Dec '24 $53,000
  • November '24 Nov '24 $47,656
  • October '24 Oct '24 $46,000
  • September '24 Sep '24 $41,438
  • August '24 Aug '24 $54,640
Number of Homes Sold i
109
(Jul 2025)
-8.4%
year-over-year
y-o-y
  • July '25 Jul '25 109
  • June '25 Jun '25 95
  • May '25 May '25 88
  • April '25 Apr '25 89
  • March '25 Mar '25 83
  • February '25 Feb '25 83
  • January '25 Jan '25 84
  • December '24 Dec '24 78
  • November '24 Nov '24 94
  • October '24 Oct '24 121
  • September '24 Sep '24 103
  • August '24 Aug '24 117
Number of Purchase Loans i
64
(Jul 2025)
-12.3%
year-over-year
y-o-y
  • July '25 Jul '25 64
  • June '25 Jun '25 69
  • May '25 May '25 58
  • April '25 Apr '25 47
  • March '25 Mar '25 43
  • February '25 Feb '25 45
  • January '25 Jan '25 43
  • December '24 Dec '24 53
  • November '24 Nov '24 50
  • October '24 Oct '24 65
  • September '24 Sep '24 57
  • August '24 Aug '24 67
Number of REFI Loans i
35
(Jul 2025)
+20.7%
year-over-year
y-o-y
  • July '25 Jul '25 35
  • June '25 Jun '25 31
  • May '25 May '25 40
  • April '25 Apr '25 33
  • March '25 Mar '25 25
  • February '25 Feb '25 29
  • January '25 Jan '25 25
  • December '24 Dec '24 25
  • November '24 Nov '24 35
  • October '24 Oct '24 45
  • September '24 Sep '24 25
  • August '24 Aug '24 31
Number of HELOC Loans i
6
(Jul 2025)
year-over-year
y-o-y
  • July '25 Jul '25 6
  • June '25 Jun '25 3
  • May '25 May '25 5
  • April '25 Apr '25 3
  • March '25 Mar '25 4
  • February '25 Feb '25 3
  • January '25 Jan '25 3
  • December '24 Dec '24 1
  • November '24 Nov '24 1
  • October '24 Oct '24 4
  • September '24 Sep '24 5
  • August '24 Aug '24 8

Otero County, NM Real Estate Market Overview

Last 30 days
  • City
    Median Est. Value
  • City
    Median Est. Value
  • City
    Median Est. Value

Otero County, NM Foreclosure Activity

There were a total of 8 Otero County, NM properties with a foreclosure filing in July 2025. Lenders started the foreclosure process on 3 Otero County, NM properties and repossessed 1 Otero County, NM properties through completed foreclosures (REOs) in July 2025.

Total Foreclosure Filings i
8
(Jul 2025)
+100%
year-over-year
y-o-y
  • July '25 Jul '25 8
  • June '25 Jun '25 7
  • May '25 May '25 15
  • April '25 Apr '25 14
  • March '25 Mar '25 13
  • February '25 Feb '25 9
  • January '25 Jan '25 3
  • December '24 Dec '24 13
  • November '24 Nov '24 4
  • October '24 Oct '24 4
  • September '24 Sep '24 6
  • August '24 Aug '24 N/A
Foreclosure Starts i
3
(Jul 2025)
+50%
year-over-year
y-o-y
  • July '25 Jul '25 3
  • June '25 Jun '25 4
  • May '25 May '25 13
  • April '25 Apr '25 10
  • March '25 Mar '25 9
  • February '25 Feb '25 8
  • January '25 Jan '25 2
  • December '24 Dec '24 8
  • November '24 Nov '24 1
  • October '24 Oct '24 3
  • September '24 Sep '24 3
  • August '24 Aug '24 N/A
Completed Foreclosures (REOs) i
1
(Jul 2025)
  • July '25 Jul '25 1
  • June '25 Jun '25 2
  • May '25 May '25 4
  • April '25 Apr '25 N/A
  • March '25 Mar '25 N/A
  • February '25 Feb '25 2
  • January '25 Jan '25 1
  • December '24 Dec '24 N/A
  • November '24 Nov '24 4
  • October '24 Oct '24 N/A
  • September '24 Sep '24 N/A
  • August '24 Aug '24 1
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