The median home value in Elephant Butte, NM is $255,000. This is higher than the county median home value of $140,200. The national median home value is $338,100. The average price of homes sold in Elephant Butte, NM is $255,000. Approximately 51.24% of Elephant Butte homes are owned, compared to 4.84% rented, while 43.92% are vacant. Elephant Butte real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Elephant Butte real estate agent to arrange a tour today!
Elephant Butte, New Mexico has a population of 1,580. Elephant Butte is less family-centric than the surrounding county with 0% of the households containing married families with children. The county average for households married with children is 13.33%.
The median household income in Elephant Butte, New Mexico is $49,746. The median household income for the surrounding county is $35,939 compared to the national median of $69,021. The median age of people living in Elephant Butte is 68.6 years.
The average high temperature in July is 94.5 degrees, with an average low temperature in January of 28.3 degrees. The average rainfall is approximately 11 inches per year, with 3.2 inches of snow per year.