Otero County, NM Housing Market Brief
county · NM · as of August 2026
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.
Where is Otero County, NM in its market cycle?
Otero County, NM is classified as Mature — holding near a healthy peak. 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 9.1% 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
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $276K | ▲ +10.6% |
| Median Days on Market | 51 days | ▲ +34.2% |
| Months of Supply | 4.5 | ▲ +4.7% |
| Homes for Sale | 330 | ▼ -4.9% |
| Homes Sold | 75 | ▼ -10.7% |
| Median Price / Sq Ft | $169 | ▲ +14.1% |
How has Otero County, NM’s Alpha Score moved?
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Frequently asked questions
Is Otero County, NM a buyer's or seller's market?
As of August 2026, Otero County, NM is classified as a Balanced Market, based on its Alpha Score of 43 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 $276K, having risen 10.6% over the past year.
How affordable is Otero County, NM?
Otero County, NM scores 30 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 (76/100) and its weakest is Economic Strength (23/100). 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.