Housing Prices in Southeast Otero, NM

How much do homes in Southeast Otero, NM cost?

Median List Price

$225,000

$112/sqft

Based on all homes listed in the last 12 months.

Difference Since December 2023

+$27,500(+13.9%)

Key Takeaway

The list price of homes in Southeast Otero has increased by 13.9% since last year.

Summary: The median home list price in Southeast Otero was $225,000 in December 2024, up 13.9% from the previous year, and the median price per square foot was $112.

Median List Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 $160K$187.5K
+17.2%
4 $389K$255K
-34.4%
5+ $205K$245K
+19.5%

Summary: Southeast Otero housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 17.2%, 4 bedroom homes decreased by 34.4%, and 5+ bedroom homes increased by 19.5%.

Housing Supply in Southeast Otero, NM

How many homes are available in Southeast Otero, NM?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
990.0%

Summary: The Southeast Otero real estate market had 9 homes for sale in December 2024, the same as November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 00
0.0%
3 32
-33.3%
4 56
+20.0%
5+ 11
0.0%

Summary: The Southeast Otero housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 20%, and 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

Dec 2023Dec 2024CHANGE
166 Days132 Days-20.2%

Summary: Homes in Southeast Otero had an average listing age of 132 days in Dec 2024, down by 20.2% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 6 Days Ago

Newest Listings in Southeast Otero, NM

Nearby Markets to Southeast Otero, NM

What housing markets are near Southeast Otero, NM?