The story of this market
The typical home in ZIP 88310 sells for about $235,000, or $155 per square foot.
Prices are up +4.8% from a year ago, so sellers still have some momentum. Homes take about 51 days to sell. HUD's fair market rent for a two-bedroom is $1,150 a month.
ZIP 88310 — Alamogordo
The housing market in 88310 shows steady growth with a 4.8% year-over-year price increase, driven by consistent demand from the local military-industrial base. Inventory remains relatively tight, contributing to a moderate pace of sales. Figures for specific metrics like price cut percentage are estimated based on current market activity.
This ZIP is well-suited for military families, retirees, and budget-conscious buyers seeking proximity to major federal employers and outdoor recreation.
Median prices moved up 4.8% year over year.
Homes spend a median of 51 days on market with 2.5 months of supply — a fast-moving market.
13% of listings have cut prices · homes sell at 98.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.2% · poverty 16.7% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 88310, Otero County NM
The area is served by Alamogordo Public Schools, which generally maintains a moderate performance profile consistent with regional standards in southern New Mexico.
The region faces moderate wildfire risk due to its proximity to the Lincoln National Forest and arid climate, with standard flood risks in low-lying areas.
Economic momentum is anchored by Holloman Air Force Base and White Sands Missile Range, which drive local employment and housing demand.
Property taxes are assessed by Otero County based on local mill rates; New Mexico utilizes a unique property tax system with a 3% annual valuation increase cap for primary residences.
Commutes are generally short, averaging 18 minutes, with most residents traveling within the Alamogordo urban area for work.
The area offers significant outdoor access including proximity to White Sands National Park, local city parks, and regional hiking trails in the Sacramento Mountains.
The rental market is characterized by steady demand driven by military personnel and base-related contractors, with moderate vacancy pressure.
The economy is heavily dependent on federal government spending, specifically Holloman Air Force Base and White Sands Missile Range, alongside retail and healthcare services.
The area is served by US Highway 54 and US Highway 70, providing primary transit corridors for the region.
Development is focused on residential infill and supporting infrastructure for the military-adjacent workforce.
Otero County Assessor manages property valuations with a focus on the state-mandated 3% annual increase limitation for primary residences.
Parcels are subject to Alamogordo Public School district taxes and Otero County general levies.
Property insurance premiums are influenced by regional wildfire risk and desert climate factors.
Data retrieved from Census Bureau ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- D. H. LESCOMBES WINERY & BISTRO4.715 mi
- Flickinger Center for Performing Arts4.816.5 mi
- Oliver Lee Memorial State Park4.611.7 mi
- Strikers Bowling Center4.29.7 mi
- New Mexico Museum of Space History4.718.9 mi
- Oliver Lee Memorial State Park4.611.7 mi
- White Sands Historic District4.86.6 mi
- Toy Train Depot4.517.2 mi
- Tularosa Basin Museum of History4.716.4 mi
- Oliver Lee Memorial State Park4.611.7 mi
- Alkali Flat Trailhead4.912.6 mi
- Interdune Boardwalk4.69.9 mi
- Holloman Main Exchange4.29.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
A major regional landmark featuring unique gypsum dunes located just outside the city.
Central community resource and cultural hub.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.