Real Estate For Sale In
81050
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115
Available Listings
Browse our selection of 115 properties for sale in 81050. Our curated catalog features the latest listings, and our website provides you with all the resources you need to make an informed purchase decision. You will find high-quality property photos, detailed listing descriptions, 3D tours, maps, and relevant community information.
As you delve into the detailed listings, you can save your favorite properties for sale in 81050, review their latest estimated valuation, and use our mortgage calculator to project monthly mortgage payments, taxes, fees, and insurance. Have a question about a property or the area? Simply ask a question, and our vetted local partner will get back to you.
For personalized financing options and info, complete our contact form to speak with a lender about your financing options, get pre-qualified for a mortgage, or get more information about what is possible.
But why stop at virtual browsing? Schedule an in-person or video-chat tour with a local agent to see your potential new property in 81050 firsthand. Contact a professional real estate agent for further details, inquire about a property's availability, or express your interest in making an offer.
Properties For Sale in 81050: Market Trends
In 81050, the real estate market currently features 9 properties for sale. Additionally, 4 properties are under contract and poised to close soon. The recent sales data shows that property sales in 81050 have an average sale price of $117,556 and an average cost per square foot of $71. On average, properties in 81050 typically spend about 156 days on the market before being sold.
The real estate market in 81050 presents a wide array of pricing options, ranging from the most budget-friendly property for sale in 81050 priced at $18,220 to the highest-valued residence listed for $4,423,000. This variety caters to buyers with different financial situations and preferences, ensuring everyone can find a property that meets their needs.
81050 Market Snapshot
Active Listings
115
Pending Sales
4
Average Sale Price
$117,556
Average Price Per Sq. Ft.
$71
Days on the Market
156
Last year's property sales
81
Months of supply
0.1
Real Estate For Sale in 81050: Summary/Overview
Find your dream property in the heart of 81050. ez Home Search updates listings every minute to give you a wide array of properties across Otero County, spanning 2 distinct zip codes.
Prospective buyers in the 81050 real estate market have various options to suit their various preferences, from construction date and square footage to lot size, design, and the number of stories. Properties in 81050 vary widely in construction date, ranging from as early as 1896 to as recent as 2024, with the majority constructed in 1900. Property sizes also vary considerably, from compact units starting at 582 Sq Ft to spacious estates reaching up to 7,154 Sq Ft.
Lot sizes in 81050 cater to a broad spectrum of preferences, from manageable plots of 0.029999999329447746 acres that are perfect for those seeking a low-maintenance lifestyle to large estates spanning up to 293.8 acres, ideal for extensive outdoor activities and ambitious landscaping projects.
The architectural styles and structural designs in 81050 are equally varied, with Ranch being the predominant style across 47 listings. In terms of structure, most properties are 1 story properties featured in 115 properties for sale.
For those considering the financial aspects of homeownership, the range of Homeowners' Association (HOA) fees in 81050 varies from $0.0 to $475.0, with 77 properties exempt from these fees. This comprehensive range ensures that prospective buyers like yourself can find a property for sale that fits their lifestyle and budget in 81050.
Frequently Asked Questions
How many properties are for sale in 81050?
There are 115 properties for sale in 81050. More active properties usually means better selection and a little more time to compare before you offer.
What is the median list price of properties in 81050?
The median list price is $187,700. Median is a clearer "typical" price than average because extreme outliers—like a few luxury estates at the top or a few short sales/fixers at steep discounts—don't pull it up or down as much.
What is the average list price of properties in 81050?
The average list price is $272,348. Compare average vs. median to read the market's "tilt": when average is higher than median, upper-end properties are likely lifting the market; when average is lower than median, more lower-priced or discounted properties may be in the mix. A big gap in either direction usually means the current inventory is skewed.
What is the median price per square foot for properties in 81050?
Properties list at a median $129 per sq ft in 81050. Price-per-foot helps you compare value across neighborhoods and renovations; newer or recently updated properties often sit above the median.
How long do properties typically stay on the market in 81050?
The median days on market (DOM) is 103 days. Shorter DOM signals stronger demand—expect quicker tours and faster decisions when DOM is low; longer DOM often means you can compare more and negotiate.
What is the housing months of supply for properties in 81050?
Months of supply (MOS) is 7.2. MOS estimates how long it would take to sell all current listings at the recent sales pace if no new properties were listed. As a rule of thumb, 3–6 MOS is balanced; below 3 tends to favor sellers (move fast, expect competition), while above 6 can give buyers more leverage and time.
How many properties sold in the last 12 months in 81050?
81 properties sold over the last 12 months. Viewed together with MOS, this gives you a clear read on demand versus supply and helps your ez Home Search partner agent guide you to the best options and strategy.
How many new property listings came on the market in the last 7 and 30 days in 81050?
1 new listings in the past 7 days and 12 in the past 30 days. Frequent new listings mean fresh choices appear often; slower weeks suggest acting quickly when the right property appears.
How many property listings had a price reduction in the last 30 days in 81050?
13 listings reduced price in the last 30 days. Price cuts can signal sellers aligning to demand—use them to spot improving values or timing for offers.
Is it more or less expensive to live in 81050 compared with the U.S. average?
Living in 81050 indexes at 255 versus a U.S. baseline of 100 = 100. Above 100 means higher-than-average costs; below 100 means lower—handy context for your monthly budget.
What is the median property size for properties for sale in 81050?
The median interior size is 1,512 sq ft. This tells you the "typical" amount of living space you'll see at common price points, which helps you set expectations for rooms and layout before touring.
What is the median lot size for properties for sale in 81050?
The median lot size is 0.2 acres. Closer-in neighborhoods usually have smaller lots; farther out you'll often find more land—compare lot size alongside price-per-foot to balance yard space and interior space.
How many one-story vs. two-story properties are for sale in 81050?
About 90% one-story, 0% two-story, and 10% three-plus-story properties are active. Single-story properties are often in tighter supply and attract buyers who want fewer stairs, which can lead to quicker sales and firmer pricing when demand is strong.
What is the median year built for properties for sale in 81050?
The median year built among active properties is 1946. Newer properties typically offer modern systems and energy efficiency; older properties may offer larger lots and classic details, though some may need updates—factor both into your budget and timeline.
Which neighborhoods currently have the most properties for sale in 81050?
You'll find the most active properties for sale in the Other, College Overlook, Highland Addition, Lahana & Swank in Nbrhd 2-102, other communities. Starting your search there usually gives you more options in a single tour.
What is the typical monthly HOA for properties for sale in 81050?
The median HOA is $0 per month (where applicable). HOA dues affect your monthly affordability and loan qualification—use our mortgage calculator to see the full picture.
How much do you need to make to afford a property in 81050?
The median property price in 81050 is $187,700. With a 20% down payment ($37,540) and a 30-year fixed at 7.0%, the estimated principal-and-interest (P&I) payment is $999/month (plus property taxes, homeowners insurance, HOA dues, PMI if required, and utilities). Based on the 28/36 guideline for housing costs—where total housing expenses should be about 28% to 36% of your gross income—you'd want a household income of roughly $42,815 to $33,300 per year. Use our pre-approval form to know exactly what you qualify for and to be able to make a stronger offer.
How are the schools near properties for sale in 81050?
Many properties in 81050 are served by well-rated public and private schools; check each listing's school panel for boundary notes and current ratings, then compare nearby options as you narrow neighborhoods.
HOA Monthly Fees of Properties for Sale
Construction Dates of Properties for Sale
Square Footage of Properties for Sale
Lot Sizes of Properties for Sale
Number of Stories of Properties for Sale
HOA Monthly Fees of Properties for Sale
Properties For Sale in 81050: Basic Features
Discover the essential features of properties for sale in 81050 with our detailed listings. Whatever your preferences in size or style, each property offers a range of foundational amenities to enhance your living experience.
Sewer
Public
64
Private
0
Basement
ADA Accessible
Yes
0
No
115
Properties For Sale in 81050: Interior Features
Bedroom Count of Properties for Sale in 81050
Bathroom Count of Properties for Sale in 81050
Properties with Fireplaces in 81050
Homes with 1 fireplace
17
Homes with 2 fireplaces
4
Homes with 3+ fireplaces
1
Homes with no fireplaces
0
Popular Flooring in 81050
Popular Security Features in 81050
Properties For Sale in 81050: Exterior Features
Properties with a pool in 81050
Popular Roof Types in 81050
Metal
11
Wood
0
Concrete
0
Tiles
1
Slate Roofing
0
Asphalt Shingle
0
Composite Material
68
Membrane Roofing
0
Shingles
0
Waterfront Properties in 81050
Garage Spaces of Properties for Sale in 81050
Properties For Sale in 81050: Listing Overview
81050 Properties Listing Overview
Active Properties Listings in 81050
115
Properties Listings Under Contract in 81050
4
Price-Reduced Properties Listings in 81050
9
Recently Sold Properties in 81050
81
Real Estate For Sale in 81050: Demographic Data
Family Composition in 81050
Families with children
17.25%
Families without children
26.39%
Gender in 81050
Male
49.21%
Female
50.79%
Population by Age in 81050
Under 18
21.36%
18-64
55.91%
65 and over
22.72%
Marital Status by Gender in 81050
Never Married
Male 30.74% / Female 31.42%
Now Married
Male 49.83% / Female 45.26%
Divorced
Male 14.17% / Female 11.29%
Widowed
Male 5.26% / Female 12.03%
Occupied VS. Vacant Units in 81050
Occupied
4484
Vacant
532
Ownership of Occupied Units in 81050
Owner Occupied
3312
Renter Occupied
1172
Population by Education Level in 81050
No Degree
57.69%
Some High School
14.04%
High School
28.58%
Some College
23.47%
Associates
15.41%
Bachelors
10.12%
Post-grad
15.38%
Population of Veterans in 81050
Veterans
11.27%
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81050 Property Types