Otero County, NM monthly real estate update

Written by:
July 5, 2023
Arina P Habich // Shutterstock

Otero County, NM monthly real estate update

Stacker compiled statistics about real estate prices in Otero County using data from realtor.com. Statistics are as of May 2023.

The median listing price in the United States was $441,445 in May, which is 0.91% higher than a year ago. Otero County has the 16th highest median listing price per square foot out of 32 counties in New Mexico. Otero also has the seventh highest active listings in the state.

Otero County real estate by the numbers
- Median list price: $296,975
--- 0.9% decrease from April
--- 15.4% increase from a year ago
- Active listing count: 135 (72 new listings)
- Median days on the market: 48 days
- Price increased count: 0
- Price reduced count: 18
- Median listing price per square foot: $166.0 per square foot

Counties with the highest median listing price in New Mexico
#1. Santa Fe County: $903,250
#2. Los Alamos County: $620,250
#3. Taos County: $559,000
#4. Lincoln County: $554,250
#5. Sandoval County: $487,912

Counties with the lowest median listing price in New Mexico
#1. Hidalgo County: $115,000
#2. Union County: $154,525
#3. Cibola County: $156,875
#4. Quay County: $187,450
#5. Luna County: $188,875

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