Elephant Butte NM Real Estate & Homes For Sale
83 results
Showcase - Half-acre lot
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- 10 Underwood Blvd, Truth Or Consequences, NM 87901
- 3 bds
- 3 ba
- 2,370 sqft
DM & BM REALTY, INC.Unbelievable garage space
- 6 days on Zillow
- Cozy fireplace
- Gas-log fireplace
- Beautifully remodeled kitchen
- Price cut: $4,500 (10/27)
- 21 days on Zillow
- Separate laundry room
- Borders state land
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- Multiple living spaces
- Wet bar
- Cozy wood-burning fireplace
- Wood or gas fireplace
- Cozy gas fireplace
- 108 Lakeview St, Elephant Butte, NM 87935
- 4 bds
- 4 ba
- 4,371 sqft
NINO TRUJILLO & COMPANY, INC.Pickle ball courts
- Spacious kitchen with island
- Start survey
Help others discover what makes this area unique.
Fill out a short survey to help others know what it's like to live here. - Expansive property
- Two-car garage
- Claw foot tub
- Price cut: $1,000 (10/19)
- Welcoming breakfast nook
- 248 days on Zillow
- 49 days on Zillow
- Cozy outdoor fireplace
- 3 days on Zillow
- 72 days on Zillow
- Carport provides covered parking
- 191 days on Zillow
- Master cool ac
- Willow Grande Plan, Turtleback Mountain Golf & Resort
- 3 bds
- 3 ba
- 2,086 sqft
PreReal InvestmentsOffice hours available
- Plenty of additional parking
- Immaculately kept
- Quiet streets
- Oasis Suites Plan, Turtleback Mountain Golf & Resort
- 3 bds
- 3 ba
- 1,845 sqft
PreReal InvestmentsOffice hours available
- Utility room
- Warm gas fireplace
- Home office
- Wood fireplace
- Breathtaking mountain views
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Some of the information contained herein has been provided by Southwest Multiple Listing Service, Inc. (SWMLS) This information is from sources deemed reliable but not guaranteed by SWMLS. The information is for consumer’s personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.
The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange (“IDX”) program of the New Mexico Multi-Board MLS. Real Estate listings held by brokers other than Zillow, Inc. are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed.
Buying a Home in Elephant Butte NM: Frequently Asked Questions
How much do homes cost in Elephant Butte NM?
The Zillow Home Value Index for Elephant Butte, NM stands at $239,973 as of September 2026, and it reflects the value of all homes in the area, not only those currently for sale. The median list price of homes for sale is $399,000, so asking prices on active listings sit above the index value.
Are home values going up or down in Elephant Butte NM?
Home values in Elephant Butte, NM have increased 1.5% over the past year as of September 2026. That puts the Zillow Home Value Index at $239,973.
Is Elephant Butte NM a buyer's or seller's market?
Zillow Market Temperature labels Elephant Butte, NM a strong buyer's market. That generally means buyers have more time to decide and more room to negotiate. Price cuts add some context, as 21.6% of current listings have had one.
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