Home › Counties › Otero County, NM
The median home value in Otero County, NM is $233,516 as of 2026-08-31, down 2.33% from a year earlier.
Median Home Value
$233,516
Year-over-Year
-2.33%
National Rank
#1552 of 3071
Otero County ranks 14th out of 30 counties in NM by median home price, and is -0.7% below the U.S. national median of $235,072. Within NM, the typical county has a median home value of $223,584, making Otero County +4.4% above the NM state median.
The typical home value increased by 0.6%, from $232,095 in May 2026 to $233,516 in Aug 2026.
Monthly Zillow Home Value Index snapshots retained by HomePriceMap. A short history is shown now and grows automatically as each new monthly release arrives.
| Month | Typical home value | Year-over-year change |
|---|---|---|
| May 2026 | $232,095 | -3.1% |
| Jun 2026 | $232,744 | -3.1% |
| Jul 2026 | $231,296 | -2.8% |
| Aug 2026 | $233,516 | -2.3% |
Households here earn a median of $55,876 a year against a typical home value of $233,516 — a price-to-income ratio of 4.2×, above the 3× level usually considered comfortable, but below 5×. That is less affordable than roughly 68% of U.S. counties. (How this is calculated.)
Reporting agencies in Otero County recorded a violent crime rate of 318 per 100,000 residents in 2024 — around the middle of the national range. Property crime runs at 2,658 per 100,000.
Based on 2 reporting cities covering 34,015 residents (FBI UCR data — what this covers).
The median home value in Otero County is $233,516. That's down 2.33% from a year earlier. That is about 0.7% below the U.S. national county median of $235,072, and makes Otero County the 14th most expensive of 30 counties in New Mexico.
Median household income here is $55,876, so a typical home costs about 4.2× annual household earnings — moderately expensive compared with other U.S. counties.
Reporting police departments in Otero County recorded 318 violent crimes per 100,000 residents. That figure covers 34,015 residents across 2 reporting cities, so it reflects the county's incorporated areas rather than every community within its borders.
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