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%
AFFORDABILITY6.50% 30yr, 20% down, county tax + NM ins. 28% per HUD.
Enter your income for Elephant Butte.
$46,413 on $232,066
Affordable — 23.4% of income
Under the 28% guideline.
PITI$1,461
P/I23.4%
Afford$278K
Room+$46K
P&I $1,173Tax $155Ins $133
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
Other cities in New Mexico
Compare Elephant Butte with other housing markets across New Mexico.