Colorado
Otero County
FIPS: 08089
18,460
population
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Home values in Otero County have fallen for 12 consecutive months, dropping 6.6% from $169,325 to $158,179. Sustained monthly declines over a full year are uncommon and suggest structural shifts rather than seasonal fluctuation in the county's real estate market.
The decline accelerated recently. Values peaked at $160,716 in late June, then fell in two consecutive readings to reach $158,179 by late August—a 1.6% drop from that recent high. This pattern of consecutive declines from a peak often signals the start of a broader market correction.
Local reporters should investigate what economic or demographic factors are driving the sustained depreciation. With a population of 18,460, Otero County's housing market is small enough that shifts in employment, migration patterns, or local development could have outsized effects on values—worth examining for clues about the county's economic health.
🔍 Data Signals
View all signals →Home values in Otero County, Colorado have been falling for 12 straight months
Otero County, Colorado's home values have moved down every month for 12 consecutive months, from $171,970 to $161,545 — a 6.1% falling trend. Sustained 12-month trends are rare and may signal structural market shifts.
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