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County Overview

Otero County, NM

Aggregate real estate market report across county ZIPs
Buyer's Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The Otero County, NM real estate market currently shows 363 active listings, with 100 pending sales. Homes are averaging 110 days on the market before going under contract.

Inventory has increased compared to last year, with 31 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 110 days on market compared to 96 days last year.

The median listing price has risen 0.5% year-over-year, from $298,250 to $299,700.

Whether you are buying or selling in Otero County, NM, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 73,535  ·  Density: 22.0/mi²  ·  Median household income: $49,467

Typical home value: $120,858  ·  Homeownership: 65.4%

Included Areas

Alamogordo: 88310, 88311

Bent: 88314

Chaparral: 88081

Cloudcroft: 88317

High Rolls Mountain Park: 88325

Holloman Air Force Base: 88330

La Luz: 88337

Mescalero: 88340

Orogrande: 88342

Pinon: 88344

Sacramento: 88347

Sunspot: 88349

Timberon: 88350

Tularosa: 88352

Area Map

Market Overview

Active Listings
363
⇧ 9.3% vs 332 last year
Pending
100
28% pending ratio
Median Price
$299,700
⇧ 0.5% vs $298,250 last year
Average Price
$384,862
⇧ 5.3% vs $365,507 last year
Days on Market
110
⇧ 14.6% vs 96 days last year

Price Per Square Foot

Median $/sqft
$175
⇧ 4.2% vs $168/sqft last year
Median Home Size
1,751 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99.9%
Listings with no price change
Price Reduced
0.1%
⇧ 16.2% vs 0.1% last year
12-Month Price Reduction Trend

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %