47Alpha

Otero County, NM Housing Market Brief

county · NM · as of July 2026

Balanced

What is Otero County, NM’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
68
Inventory Health25%
41
Affordability20%
36
Economic Strength20%
34
Rental Yield15%
59

Where is Otero County, NM in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Otero County, NM is classified as Emerging early in its cycle, with scores climbing from a low base. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Otero County, NM?

Our model forecasts Otero County, NM’s home prices to rise about 8.8% over the next 12 months (medium confidence).

This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.

Otero County, NM housing market data

MetricValueYoY
Median Sale Price$251K-13.2%
Median Days on Market60 days▲ +76.5%
Months of Supply5.3▲ +20.5%
Homes for Sale264-18%
Homes Sold50-31.5%
Median Price / Sq Ft$159-0.7%

How has Otero County, NM’s Alpha Score moved?

Now: 47
12-period trend
Median sale price · 12 mo

Markets like Otero County, NM

Frequently asked questions

Is Otero County, NM a buyer's or seller's market?

As of July 2026, Otero County, NM is classified as a Balanced Market, based on its Alpha Score of 47 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Otero County, NM?

The median sale price in Otero County, NM is $251K, having fallen 13.2% over the past year.

How affordable is Otero County, NM?

Otero County, NM scores 36 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other counties.

What's driving Otero County, NM's Alpha Score?

Otero County, NM's strongest dimension is Price Momentum (68/100) and its weakest is Economic Strength (34/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Otero County, NM? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.