- $199,000
- 3Bd
- 2Ba
- 2,000 Sq Ft
Mobile & Manufactured For Sale in Caballo, NM
3 Homes
Caballo, NM Homes for Sale
Escape to the Lake. Caballo Lake that is and enjoy this 2 Bedroom, 1.5 bath, 5 room single wide with covered porch and parking. Fabulous views of the Lake and Mountain range. Septic system and Community Water supply. Recent upgrades including New Roof, "recently installed Oak flooring and Exterior Skin"; tankless hot water heater, kitchen stove, re-surface walls, new septic system. This is a small HOA community with very low yearly fee that has easy access off the I-25. Very close to Hatch, NM with access to Silver City, Deming, Truth or Consequences, Las Cruces and El Paso International Airport. PS: Entrance to Caballo State Park is at entrance and it's also a short drive to the Black Range for hiking, camping. Fabulous Sunrises and Sunsets over the mountains. Come check it out!
- $155,000
- 2Bd
- 2Ba
- 744 Sq Ft
Caballo, NM Homes for Sale
This beautifully remodeled single-wide home is situated on 5.5 peaceful acres off Animas Creek Road and has access to Animas Creek. It is a 3-bedroom, 2-bath home that features an open-concept layout, spacious living areas, and a walk-in closet in the primary suite. Outside, the property offers a 12x30 garage/shop with plenty of space for projects, storage, or hobbies, along with a heated and cooled shed with washer and dryer hookups. A fenced backyard provides a great space for pets, outdoor entertaining, or simply relaxing and taking in the peaceful surroundings.
- $199,500
- 3Bd
- 2Ba
- 1,216 Sq Ft
$15K
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The prices shown are the median list prices.87931, NM Homes for sale
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Caballo, NM real estate market trends
Statistics as of October 2026
$237K
Avg. list price
$164/Sqft
Avg. price/sqft
4
Homes for sale
1,216 Sqft
Avg. home size
268 Days
Avg. days on market
Movoto makes it easy to track market trends in Caballo, NM. Whether you’re entering the market or planning your next move, understanding these key metrics can guide smart decisions. Looking for more detailed housing market stats in Caballo, NM?
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Frequently Asked Questions about Caballo, NM
In October 2026 Caballo homes were listed to buy for a median price of $240K, which is a 6% decrease to September 2025 last month, and a 5% decrease to October 2025 last year. The median value of a home listed to buy in Caballo in October 2026 was $151 per sqft, which is a 17% decrease to September 2025 last month, and a 16% decrease to October 2025 last year.
It is affordable to live in Caballo. Buying a home in Caballo is 1% less expensive compared with the national average.
Yes now is a good time to buy property in Caballo, in October 2026, homes in Caballo have decreased in value (price per sqft) by 16% in the last year compared with October 2025.
In October 2026, homes to buy in Caballo spent an median 172 days on the market, a same October 2025 last year.
In October 2026, Caballo homes were listed to buy for a median price of $240K, with 25% down you would need $1.3K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $44.8K.
Yes now is a good time to sell your house in Caballo, in October 2026, homes in Caballo have decreased in value (price per sqft) by 16% in the last year compared with October 2025.