Alamogordo, NM Metro Area - Investment Guide
Metro Area • 6 Cities • 7 ZIP Codes
Avg Home Value
$271,272
Avg Monthly Rent
$971
Avg Cap Rate
3.00%
Avg Investability
3.0 ★
Cities
6
ZIP Codes
7
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Market Trends
Metro Home Value History
Metro Rent History
🏦 30-yr Fixed Rate:
6.76%
as of Sep 10
Source: Freddie Mac PMMS
☀️
WARM MARKET
Alamogordo, NM Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
6.2%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅
Market conditions data as of August 29, 2026 — updated weekly
Best ZIP codes in Alamogordo, NM
Every ZIP in the metro, ranked four ways. Free.
Cities in Alamogordo, NM
Top ZIP Codes by Investability
| ZIP Code | City | State | Home Value | Rent | Cap Rate | Rating |
|---|---|---|---|---|---|---|
| 88352 | Tularosa | NM | $183,845 | $873 | 3.70% | |
| 88317 | Cloudcroft | NM | $303,219 | $873 | 2.25% | |
| 88325 | Alamogordo | NM | $342,834 | $873 | 1.99% | |
| 88337 | La Luz | NM | $271,036 | $873 | 2.51% | |
| 88310 | Alamogordo | NM | $217,741 | $1,494 | 5.35% | |
| 88339 | Mayhill | NM | $362,124 | $873 | 1.88% | |
| 88317 | Cloudcroft | NM | $292,083 | $873 | 2.33% | |
| 88347 | Sacramento | NM | $214,546 | $873 | 3.17% | |
| 88352 | Tularosa | NM | $184,943 | $873 | 3.68% | |
| 88325 | Alamogordo | NM | $328,796 | $873 | 2.07% | |
| 88337 | La Luz | NM | $260,262 | $873 | 2.62% | |
| 88339 | Mayhill | NM | $351,405 | $873 | 1.94% | |
| 88310 | Alamogordo | NM | $221,838 | $1,546 | 5.44% | |
| 88347 | Sacramento | NM | $208,928 | $873 | 3.26% | |
| 88352 | Tularosa | NM | $181,010 | $873 | 3.76% | |
| 88317 | Cloudcroft | NM | $307,152 | $873 | 2.22% | |
| 88325 | Alamogordo | NM | $345,604 | $873 | 1.97% | |
| 88337 | La Luz | NM | $269,019 | $873 | 2.53% | |
| 88310 | Alamogordo | NM | $216,856 | $1,507 | 5.42% | |
| 88339 | Mayhill | NM | $369,624 | $873 | 1.84% | |
| 88317 | Cloudcroft | NM | $295,407 | $873 | 2.31% | |
| 88347 | Sacramento | NM | $219,324 | $873 | 3.10% | |
| 88352 | Tularosa | NM | $186,465 | $873 | 3.65% | |
| 88325 | Alamogordo | NM | $335,346 | $873 | 2.03% | |
| 88337 | La Luz | NM | $255,084 | $873 | 2.67% | |
| 88339 | Mayhill | NM | $355,365 | $873 | 1.92% | |
| 88310 | Alamogordo | NM | $221,111 | $1,528 | 5.39% | |
| 88347 | Sacramento | NM | $204,395 | $873 | 3.33% | |
| 88352 | Tularosa | NM | $182,047 | $873 | 3.74% | |
| 88317 | Cloudcroft | NM | $301,707 | $873 | 2.26% | |
| 88325 | Alamogordo | NM | $338,536 | $873 | 2.01% | |
| 88337 | La Luz | NM | $270,923 | $873 | 2.51% | |
| 88310 | Alamogordo | NM | $216,856 | $1,507 | 5.42% | |
| 88339 | Mayhill | NM | $362,558 | $873 | 1.88% | |
| 88317 | Cloudcroft | NM | $295,407 | $873 | 2.31% | |
| 88347 | Sacramento | NM | $215,201 | $873 | 3.16% | |
| 88352 | Tularosa | NM | $186,418 | $873 | 3.65% | |
| 88325 | Alamogordo | NM | $335,346 | $873 | 2.03% | |
| 88337 | La Luz | NM | $255,084 | $873 | 2.67% | |
| 88339 | Mayhill | NM | $355,365 | $873 | 1.92% | |
| 88310 | Alamogordo | NM | $220,665 | $1,496 | 5.29% | |
| 88347 | Sacramento | NM | $204,395 | $873 | 3.33% | |
| 88352 | Tularosa | NM | $182,047 | $873 | 3.74% | |
| 88317 | Cloudcroft | NM | $301,279 | $873 | 2.26% | |
| 88325 | Alamogordo | NM | $337,412 | $873 | 2.02% | |
| 88337 | La Luz | NM | $263,206 | $873 | 2.59% | |
| 88339 | Mayhill | NM | $358,664 | $873 | 1.90% | |
| 88310 | Alamogordo | NM | $220,206 | $1,562 | 5.53% | |
| 88347 | Sacramento | NM | $212,373 | $873 | 3.21% |
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About Alamogordo, NM Real Estate Market
The Alamogordo, NM metropolitan statistical area (MSA) encompasses 6 cities and 7 ZIP codes. The average home value across the metro is $271,272, with an average monthly rent of $971. Explore individual cities and ZIP codes to find investment opportunities that match your criteria.