39

88352 — Tularosa, NM

Alamogordo, NM · Otero County County · Buyer's Market

Ranked #5 of 7 in Alamogordo, NM

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Affordability56
Growth21
Risk50
Momentum39

What's driving this score

▼
Declining prices
-3.6% year-over-year
▼
Population outflow
-1.1% net migration — people are leaving
▼
Potentially overvalued
28% above historical price-to-income ratio
▼
Widespread price cuts
29% of listings cutting price
▲
Limited new supply
Only 0.1 permits per 1,000 — supply constrained
Median Home Value

$181,010

▼ -3.59% YoY
Median Rent

—

Active Inventory

10

Days on Market

57 days

Price Cuts

+28.57%

Price-to-Income

3.8×

Median Income

$47,083

Population

4,211

Overvaluation

+28.43%

Historical Trends

Updated March 2026

Price Forecast

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Affordability Calculator

30-yr fixed at 6.79% · Adjust inputs to see your true monthly cost

P&I

$1,061

Taxes & Insurance

$77

True Monthly Cost

$1,138

COMFORTABLE21.0% of income

Housing costs are within recommended guidelines.

Assumes 0.5% annual insurance, 0.01% property tax rate. Not financial advice.

Similar & More Affordable

No comparable ZIPs found with lower prices in this metro area.

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Data updated: April 6, 2026