What are current home values in Alamogordo, NM?

The median home value in Alamogordo, NM is $222,125 as of July 2026. This represents a 0.0% increase compared to last month and a 3.5% decrease year-over-year.

How have home values changed in Alamogordo, NM?

Home values in Alamogordo, NM have increased by 0.0% month-over-month and 3.5% year-over-year.

How do home values in Alamogordo, NM compare to Otero County, New Mexico, and the national average?

The median home value in Alamogordo, NM ($222,125) compares to: Otero County ($231,296), New Mexico ($320,106), and the U.S. national median ($371,774).

Alamogordo, NM Housing Market

$222,125

3.5% 1-yr

The average Alamogordo, NM home value is $222,125, down 3.5% over the past year, and homes go to pending in around 35 days. (Updated on 7/31/2026)

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Alamogordo Key Takeaways

Typical Home Values: $222,125

1-Year Value Change: -3.5%

(Data through July 31, 2026)

Alamogordo Housing Market Overview

1-Year Market Forecast: --

For Sale Inventory: 232 (July 31, 2026)

New Listings: 64 (July 31, 2026)

Median Sale to List Ratio: 1.000 (June 30, 2026)

Median Sale Price: $244,083 (June 30, 2026)

Median List Price: $282,333 (July 31, 2026)

Percent of Sales Over List Price: 17.0% (June 30, 2026)

Percent of Sales Under List Price: 43.4% (June 30, 2026)

Median Days to Pending: 35 (July 31, 2026)

(Metric availability is based on market coverage and data, housing data available for download in the Housing Data page)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Neighborhoods in Alamogordo

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Alamogordo Homes for Sale

$40,000

2 bd2 ba924 sqft

2000 1st St Trailer D4

2001 Amber Skies Ave Space 127

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Alamogordo Rental Market Trends

Average Rent: $1,562 (July 31, 2026)

National Average Rent: $1,962 (July 31, 2026)

Month-Over-Month Change: 0.1% (July 31, 2026)

Year-Over-Year Change: 3.4% (July 31, 2026)

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.