$160,000
9204 Butterfield Blvd
Butterfield Park, NM
3 bd1 ba1,539 sqft$104/ft²
House15,246 sqft lot
View photos & details
Brokers — List your Company Here
Featured local agent — Butterfield Park, NM
Example placement
Sarah Mitchell
CNESRESABR
Compass Real Estate · Butterfield Park, NM
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
Butterfield Park, NM(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
Butterfield Park, NM Housing Market
Balanced market
Redfin, through November 2025 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The last median sale price Redfin published was $220,000 (through May 2026). With homes going under contract in about 13 days, Butterfield Park is a balanced market. At today's 7.03% 30-year fixed rate, 20% down on a $220,000 home is about $1,174/mo in principal and interest.
Key numbers for Butterfield Park, NM
Median sale price
$220,000
Last published period
Redfin, through November 2025
Days on market
13
Fast-moving
Redfin, through November 2025
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Butterfield Park a buyer's or seller's market?
Balanced market13 days on market
Butterfield Park, NM is a balanced market and homes selling in about 13 days. We classify markets from months of supply, sale-to-list ratio and days on market together — no single number decides it.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Butterfield Park housing market data show?
Every row below is Redfin's final published month for Butterfield Park, NM. Redfin, through November 2025
| Metric | Value |
|---|---|
| Median sale price | $220,000 |
| Median price per sq ft | $140/sq ft |
| Median days on market | 13 days |
| Homes sold (that month) | 1 |
| Market condition | Balanced market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Butterfield Park is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Butterfield Park is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Butterfield Park home prices moved?
Across the 5 months we hold for Butterfield Park, NM, the median sale price rose 69.4%, from $129,900 in January 2022 to $220,000.
Redfin, through November 2025 — the chart ends at Redfin's final published month.
Get Butterfield Park market alerts
Weekly updates on prices, inventory, and trends. Free forever.
What does it cost to buy a home in Butterfield Park?
Priced off the median sale price of $220,000 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $44,000 | $176,000 | $1,174/mo |
| 5% | $11,000 | $209,000 | $1,395/mo |
Redfin, through November 2025 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,174, that implies roughly $50,335 a year before you add taxes and insurance. We do not hold a Census income figure for Butterfield Park, so we cannot compare that threshold to local earnings.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Butterfield Park in the next 12 months?
Tell us your timeline. We send the Butterfield Park market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Butterfield Park?
Zillow does not publish a rent index (ZORI) for Butterfield Park, NM, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Butterfield Park?
We hold fewer than two months of inventory readings for Butterfield Park, NM, so there is no trend to report yet.
How does Butterfield Park compare to New Mexico and the U.S.?
Butterfield Park homes sell for $220,000 — 44% below the New Mexico median of $395,500. Against the national median of $410,700, Butterfield Park runs 46% lower.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Butterfield Park, NM | $220,000 | not published | 13 days |
| New Mexico statewide | $395,500 | +10.8% | 53 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through November 2025 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Butterfield Park
What buyers should watch
- The gap between 5% and 20% down here is $220 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $220,000 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Butterfield Park listing goes under contract in 13 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Comparable ZIP-level pricing inside Butterfield Park varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Butterfield Park
Explore homes currently listed for sale in Butterfield Park, New Mexico across major real estate platforms.
$160,000
9229 Higgins Ln
Butterfield Park, NM
3 bd2 ba1,344 sqft$119/ft²
House14,810 sqft lot
View photos & details
$225,000
9635 Smith Ln
Butterfield Park, NM
4 bd2 ba1,848 sqft$122/ft²
Mobile home27,443 sqft lot
View photos & details
$225,000
9795 Butterfield Blvd
Butterfield Park, NM
3 bd2 ba1,218 sqft$185/ft²
Mobile home14,810 sqft lot
View photos & details
Looking to buy in Butterfield Park?
Get connected with a local real estate expert — free, no obligation.
How much do homes cost in Butterfield Park by property type?
How the Butterfield Park, NM market breaks down across single-family homes, condos and townhouses. Redfin, through November 2025
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $220,000 | $140/sq ft | 1 | 13 days |
Who lives in Butterfield Park?
American Community Survey estimates for Butterfield Park. U.S. Census ACS, 2023
Population
826
Households
485
Median age
46.7 years
Owner-occupied
26.0%
26.0% of occupied homes in Butterfield Park are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market.
Which cities are near Butterfield Park, NM?
Ordered by distance from Butterfield Park, not by size. Compare Butterfield Park side by side with any of them.
Butterfield Park housing market FAQ
Is Butterfield Park a buyer's or seller's market?
Butterfield Park, NM is currently a balanced market based on the supply, pace-of-sale and sale-to-list data we hold for this city. Redfin's public market tracker last published in May 2026, so this classification will not move until a new source fills that gap.
How much do homes cost in Butterfield Park?
The median sale price in the last month Redfin published was $220,000, about $140 per square foot.
Is Butterfield Park cheaper than the rest of New Mexico?
Butterfield Park's median sale price of $220,000 is 44% lower than the New Mexico statewide median of $395,500, and 46% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Butterfield Park?
Homes in Butterfield Park, NM spent a median of 13 days on market before going under contract, versus 53 days statewide. Under three weeks means well-priced listings move before most buyers can schedule a second showing. (Redfin, through May 2026.)
What income do you need to buy a home in Butterfield Park?
At the current 30-year fixed rate of 7.03%, 20% down on a $220,000 home is about $1,174 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $50,335 a year before taxes, insurance, HOA dues or mortgage insurance.
Are home prices rising in Butterfield Park?
We do not hold a complete 12-month value series for Butterfield Park, NM yet, so we are not going to call a direction. The price chart above shows every period we do have.
What are the cheapest ZIP codes in Butterfield Park?
Butterfield Park ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Butterfield Park?
That depends on your timeline, not on a headline. What the data says today: Butterfield Park, NM is a balanced market, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
Be the brokerage on this page
1 slot per pageGet featured on Butterfield Park, NM
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this whole city. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Keep researching Butterfield Park
Nearby markets
Get the Butterfield Park market brief
Get the Butterfield Park, NM market brief
One email: what homes are actually clearing at around $220,000, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.