- 4 bd
- 3 ba
- 2,400 sqft

The average Otero County, NM home value is $229,953, down 1.8% over the past year, and homes go to pending in around 42 days. (Updated on )
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Typical Home Values: $229,953
1-Year Value Change: -1.8%
(Data through September 30, 2026)
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
The median home value in Otero County, NM is $229,953 as of September 2026. This represents a 0.1% increase compared to last month and a 1.8% decrease year-over-year.
The median home value in Otero County, NM ($229,953) compares to New Mexico ($315,812) and the U.S. national median ($366,157).
The cities with the highest median home values in Otero County, NM include: Mayhill ($332,988), Cloudcroft ($314,819), La Luz ($270,352), Sacramento ($223,221), Alamogordo ($220,091). These cities represent the most expensive areas within the county.