The median home in Elephant Butte, New Mexico is valued at $232,066, up 5.2% year over year.

Home Value$232,066

+5.2%

Prices rising — worse for buyers.

Affordability

Enter your income for Elephant Butte.

Income (annual)

Down Payment

$46,413 on $232,066

Example: $75,000 household income. Change it above to see your own.

Affordable23.4% of income

Under the 28% guideline.

PITI$1,461

P/I23.4%

Afford$278K

Room+$46K

P&I $1,173Tax $155Ins $133

6.50% 30yr, 20% down, county tax + NM ins. 28% per HUD.

Other cities in New Mexico

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Elephant Butte, NM