Elephant Butte, Sierra County, NM Housing Trends, Rent, Price-to-Rent

Market Summary

Elephant Butte, Sierra County, NM

Median Home Price Price

$223,651 $223.7K

Median Monthly Rent Rent

$1,344 $1.3K

GRM

14.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Elephant Butte, NM is $1,344, with MoM change +$15 and YoY change +$112 pointing to positive momentum while volatility is low (std $28).

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Metric

Base market Elephant Butte, NM

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Delta vs base

Median rent

$1,344

N/A

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Median price

$223,651

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YoY change

+$112

N/A

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Price-to-rent

13.9x

Data unavailable

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