Alamogordo, NM

Metro area in New Mexico · Updated Jan 2026

12-Month Forecast ↑ +2.3%

Median Home Value

$224,747

↓ -0.8%

Year-over-year

Median Rent

$1,476/mo

↑ +2.5%

Year-over-year

Rental Yield

7.9%

Excellent for investors

5-Year Appreciation

+48.7%

Active Listings

347

For-sale inventory

Price-to-Rent Ratio

12.7

Favors buying

Price Forecast

1 Month

↑ +0.1%

3 Months

↑ +0.3%

12 Months

↑ +2.3%

5-Year Price Trend

Calculate your mortgage for Alamogordo, NM

See monthly payments for a $224,747 home →

Should you rent or buy in Alamogordo, NM?

Price-to-rent ratio: 12.7x — Buying likely wins. Run a full breakeven analysis with Alamogordo, NM numbers pre-filled →

Frequently Asked Questions