Southeast Otero Housing Market Report February 2025•Otero County, New Mexico

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Housing Prices in Southeast Otero, NM

How much do homes in Southeast Otero, NM cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$215,000$109/SqFt
+$15,000
+7.5%

Based on all homes listed in the last 12 months

Insight

The list price of homes in Southeast Otero has increased by 7.5% since last year.

Summary: The median home list price in Southeast Otero was $215,000 in February 2025, up 7.5% from the previous year, and the median price per square foot was $109.

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1--
N/A
2--
N/A
3$160K$187.5K
+17.2%
4$324.5K$237.2K
-26.9%
5$205K$245K
+19.5%

Summary: Southeast Otero housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes increased by +17.2%. The home price for 4 bedroom homes decreased by -26.9%. The home price for 5 bedroom homes increased by +19.5%.

How does Southeast Otero, NM compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Southeast Otero, NM

Housing supply in Southeast Otero, NM

How many homes are available in Southeast Otero, NM?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
4Last MonthFeb 2025
82 months agoJan 2025
-50.0 %
Change MoMJan – Feb

Summary: The Southeast Otero real estate market had 4 homes for sale in Feb 2025, a 50.0 % decrease compared to Jan 2025.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
100
0.0%
200
0.0%
332
-33.3%
452
-60.0%
500
0.0%

Summary: Southeast Otero housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -33.3%. The inventory for 4 bedroom homes decreased by -60.0%. The inventory for 5 bedroom homes remained the same.

Days on Market for Southeast Otero, NM

How long does it take to sell a home in Southeast Otero, NM?

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
115 DaysThis YearFeb 2025
121 Days1 year agoFeb 2024
-5.1 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in Southeast Otero had an average listing age of 115 days in Feb 2025, down by 5.1% compared to the previous year.

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Newest Listings in Southeast Otero, NM

What homes are available in Southeast Otero, NM?

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MLS Disclaimers and Copyright

Based on information from Greater El Paso MLS, for the period 03/01/2023 - 03/01/2025

IDX The data relating to real estate for sale on this web site comes in part from the IDX Program of the Greater El Paso Association of REALTORS®. Real estate listings held by other brokerage firms are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing brokers.

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurateby the MLS. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.

Copyright © 2025 The Greater El Paso Association of REALTORS®, MLS Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 3/14/2025, 8:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.