Real Estate Price Maphome prices by county

Otero County, CO home prices

Otero County, CO: the typical home is worth $160,716 as of 2026-05, down -7.4% over the past year and n/a since 2000. Listings run about $133/sq ft. Rent…

Data as of · by the Real Estate Price Map data team · methodology & sources

Otero County is falling and undervalued — very affordable for what people here earn.

Momentum-7.4%Falling
Valuation-18%Undervalued
Affordability9/10Very affordable
Market71 daysBalanced

Real Estate Price Map scores, derived from the data on this page · how we calculate them

1977: $24,282 → 2026: $160,716 (6.6×) pre-2000 estimated via FHFA index

Typical value$160,7162026-05
1-year-7.4%
5-year+10.7%
10-year+98.7%
Since 2000n/a
Population17k2024
Median income$52,1692023 · 3.1× income
New homes/yr462024
Price / sq ft$133listings
Days on market712026-06
Active listings1272026-06
Price cuts12%of listings

Market read

At $160,716, homes in Otero County sit 65% below the Colorado median ($454,579) and 31% below the US median ($233,954). That ranks #60 of 62 Colorado counties by price.

Prices are cooling (-7.4% in the last year) — leaning buyer's market.

Homes here take a while to sell — a median 71 days on the market, with 12% of listings cutting their asking price.

At 3.1× local income, that's more affordable than the typical US county (~3.8×).

Against the typical US price-to-income and price-to-rent, homes here look ~18% cheap for local incomes and rents — a relative bargain.

Home value history

Zillow ZHVI, monthly from 2000 · recessions shaded. See the full 1975 history on the interactive map →

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Nearby counties

Crowley County, CO ($157,005) · Bent County, CO ($122,724) · Las Animas County, CO ($248,304) · Pueblo County, CO ($287,675) · Kiowa County, CO ($178,026) · Huerfano County, CO ($280,227)

Frequently asked questions

What is the average home price in Otero County, CO?
The typical home in Otero County is worth $160,716 as of 2026-05, based on the Zillow Home Value Index.
Are home prices in Otero County rising or falling?
Prices are down -7.4% over the past year and n/a since 2000 — a buyer's market.
Is Otero County affordable?
At 3.1× the local median income of $52,169, Otero County is more affordable than the typical US county.
How fast do homes sell in Otero County?
Homes here take a median of 71 days to sell, with 12% of listings cutting their asking price.
Median home value by year
YearMedian home value
2009$74,958
2010$71,716
2011$70,790
2012$70,306
2013$69,725
2014$73,166
2015$74,610
2016$80,104
2017$87,037
2018$94,865
2019$106,237
2020$114,117
2021$142,496
2022$170,031
2023$168,160
2024$163,566
2025$173,915
2026$160,848