54Alpha

Otero County, NM Housing Market Brief

county · NM · as of May 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%
-1.768
Inventory Health25%
+3.641
Affordability20%
49
Economic Strength20%
+6.149
Rental Yield15%
68

Where is Otero County, NM in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Otero County, NM is classified as Growingstrengthening, with scores rising over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

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%
Sale-to-List Ratio100.0%▲ +2.7%

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

Now: 54
3-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 May 2026, Otero County, NM is classified as a Balanced Market, based on its Alpha Score of 54 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 49 out of 100 on affordability — moderately affordable 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 Rental Yield (68/100) and its weakest is Inventory Health (41/100). 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.