In 88310 Alamogordo, NM, the median value of housing is $181,800. This is significantly lower than the US median housing value of $338,100. However, despite this difference in cost, housing in 88310 Alamogordo has seen a 1 year appreciation rate of 9.54%, slightly higher than the national average of 8.27%. This indicates that housing values may be rising faster in 88310 Alamogordo and could be an excellent opportunity to invest and purchase a home.
The median home cost in Alamogordo (zip 88310) is $181,800. Home appreciation the last 10 years has been 56.6%. Home Appreciation in Alamogordo (zip 88310) is up 12.5%.
Average Age of Homes
- The median age of Alamogordo (zip 88310) real estate is 38 years old
The Rental Market in Alamogordo (zip 88310)
- Renters make up 32.2% of the Alamogordo (zip 88310) population
- 2.7% of houses and apartments in Alamogordo (zip 88310), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.