According to statistics, the population in Elephant Butte, NM amounts to 1,393, which shows decline -8% compared to the previous year. The median age of the city’s residents is 68. The average household income is $35,729, shifting decline -1% from the past year, and the average property value in Elephant Butte, NM growth 7% to $131,900 throughout the year.
|Number Of Employees||351|
|Median Property Value||$131,900|
The average household income in Elephant Butte, NM declined from $36,207 to $35,729 in the past year. This data is an estimate based upon 677 households in Elephant Butte, NM . The chart below presents how household income is distributed in Elephant Butte, NM in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Elephant Butte, NM shifted from $122,800 to $131,900 throughout the year. The subsequent graph indicates the share of properties in the given price range in Elephant Butte, NM in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Elephant Butte, NM properties falls in the '$125,000 to $149,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Elephant Butte, NM compared to median property taxes around the country. The prevalent amount of property taxes in Elephant Butte, NM equals $800, which is less than the national average.
|Apartment Size||Dec||vs Last Month|
|2 bed for sale||$129,180||N/A|
|3 bed for sale||$239,900||+269.1%|
|4+ bed for sale||$137,250||-51.8%|
During Dec 2021, the average price for an apartment in/near Elephant Butte, NM decreased by 44.8% to $145,037.
Asking price for 2-bed apartment remains the same, a place of this size will still cost you $129,180. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $239,900. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $137,250 for a big-family home.
|Listing Type||Dec||vs Last Month|
|Houses for sale||$147,633||-61.4%|
|Apartments for sale||$137,250||+65.5%|
While assessing the property pricing Elephant Butte, NM, you can note that it remains flat with a price tag of $137,250. According to statistics, average house is still $147,633 with no significant changes this month.
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