NM area data
Elephant Butte, NM
Elephant Butte, NM.
Population: 2,094 (Census ACS)
Home values & appreciation
- Median home value
- $242,644
- 1-year appreciation
- +2.6%
- 3-year appreciation
- +14.4%
- 5-year appreciation
- +37.7%
- 10-year appreciation
- +65.3%
- All-time peak (2026-01)
- $243,351
- House Price Index
- 406.5 (+0.8% YoY)
Market activity
- New listings (monthly)
- 5
Affordability
- Cost of living index (Below Average)
- 92.5 (100 = US avg)
- Electricity rate (state-level)
- 15.1¢/kWh
- Natural gas rate (state-level)
- $9.80/MCF
- 30-year mortgage rate (national)
- 6.66%
- 15-year mortgage rate (national)
- 6.00%
Natural hazards & flood risk
- Overall hazard risk
- Relatively Low
- Top hazards
- drought, inlandFlooding, lightning
Climate (30-year normals)
- Annual precipitation
- 10.7 in
Amenities
- National parks within ~60 mi
- 2
- Nearest national park
- El Camino Real de Tierra Adentro National Historic Trail (46 mi)
- Nearest airport
- Truth or Consequences Municipal Airport (TCS) (4 mi)
- Nearest major airport
- Truth or Consequences Municipal Airport (TCS) (4 mi)
- Hospitals nearby (~15 mi)
- 1,090
- Avg hospital rating
- 3.1 / 5
- EV charging stations (within 10 mi)
- 3
- Solar radiation rating
- Excellent (5.8 kWh/m²/day)
Migration
- Net migration
- +77 tax filers
Housing stock
- Median year housing built
- 1,995
- Median annual property tax
- $977
- Households with broadband internet
- 48.9%
Employment & development
- Total county employment
- 2,594
- Average weekly wage
- $735
- Top industries (by employment)
- Health Care, Accommodation & Food, Construction
Area data compiled from public government, academic, and industry research feeds. Data sources →
Data last updated
Most recent source refresh: Aug 2026. See all data sources →