Alamogordo, NM Home Values & Market Trends

Real estate market trends reflect that there have been 695 transactions over the past year in Alamogordo. The median value for residential home transactions that occurred over the previous year is $159,247.29. The number of current listings in Alamogordo is 157, and the percentage of properties for sale in the city is 157.00%. Alamogordo, NM currently has 11 properties in foreclosure, 4 bank owned properties, 1 properties headed for auction, and 157 properties for sale.

Alamogordo, NM Real Estate Market Overview

ZipMedian Est. Value
88310

$ 238,764

$ 139/sqft

Housing Market Summary for Alamogordo, NM

Apr 2023March 2024Change
Median Listing Price$190.9K$190K-0.47%
Median Sold Price$186.5K$190K1.87%
Homes For Sale11814623.73%
Homes Sold479343-28.39%
Price
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Alamogordo, NM

Alamogordo home values range from $25,294 to $1,243,893. The median estimated value of a home in Alamogordo is $159,247.29. The median list price of a home is 240,000, and the total count of properties in the city is 12,801.

Foreclosure
There is 1 zips within Alamogordo, NM; within this zips, the median estimated home value for homes in foreclosure ranges from $581,221 in 88310 to the lowest value of $44,900 in 88310. Foreclosure homes account for 0.00% of properties in Alamogordo, NM with 88310 containing 11 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.05% of all residential properties in Alamogordo, NM with 88310 containing 6 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Alamogordo, NM; of that zips, the estimated home value for pre-foreclosure homes ranges from $233,105 in 88310 to the lowest home value of $93,861 in 88310.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Alamogordo, NM ranges from the highest value of $581,221 in 88310 to the lowest value of $44,900 in 88310. Bank owned homes and properties account for 0.03% of properties in Alamogordo, NM. There is 1 zips within Alamogordo, NM; 88310 containing 4 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    88310 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Alamogordo, NM. Auction homes and other auction properties account for 0.01% of all properties in Alamogordo, NM. There is 1 zips within Alamogordo, NM; of that zips, the median estimated home value for homes going to auction ranges from $100,104 in 88310 to the lowest value of $100,104 in 88310.
Homes for Sale
Homes and properties that are actively listed for sale account for 1.23% of residential properties in Alamogordo, NM with 88310 containing 157 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Alamogordo, NM; homes for sale in that zips, have a range of median values from $715,785 in 88310 to the lowest value of $52,038 in 88310.
    Sold Homes
    The median value for recently sold homes ranges from $821,191 in 88310 to the lowest price of $27,360 in 88310. There is 1 zips within Alamogordo, NM. 88310 has 296 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.31% of properties in Alamogordo, NM.

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      Guide for Alamogordo, NM

      Market Reports
      Santa Fe Real Estate Values Pulse Through Highs and Lows: Report of 2023-2024 Trends
      gavel for real estate auction
      Home Buying Guides & Tips
      New Mexico Foreclosure Laws
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      Market Reports
      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      See More Articles
      Santa Fe Real Estate Values Pulse Through Highs and Lows: Report of 2023-2024 Trends
      Market Reports|posted 17 April 2024

      This article describes the fluctuating real estate market of Santa Fe and neighboring cities from July 2023 to March 2024, focusing on property values, sale prices, and number of sold homes.

      gavel for real estate auction
      New Mexico Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Learn more about the New Mexico foreclosure laws, the NM judicial foreclosure process and timelines on RealtyTrac

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      Market Reports|posted 17 April 2024

      Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.