Alamogordo, NM — Momentum Score, Home Values & Best-For

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Otero County · Alamogordo · population 31,667

First-time buyersInvestors
Alamogordo, NM
Image: Wikipedia · Alamogordo, New Mexico
OverviewCost of livingMoving guide
View watchlist →
59
Stable
Momentum score · 0–100

Where Alamogordo stands

Home values down 3.2% in the last year. averaging 7.3% annual growth over 5 years.

Median home $222,209
1-year -3.2%
5-yr CAGR +7.3%
vs 5-yr peak -3.6%
Population +0.6%/yr

Home value trajectory · last 10 years

Zillow ZHVI · monthly
peak 2025-05$222k$112k$155k$197k$240k201620182020202220242026

Lifestyle scores

🚶
Walkability
32/100
Very car-dependent
Estimated from population density. Higher = denser, more amenities within walking distance.
🚉
Public transit
22/100
Transit limited
Curated list of major US transit systems + population-based estimate. Higher = real subway/rail/bus options.
💻
Remote work fit
85/100
Excellent for remote work
Composite of city size, housing cost, state tax structure, and region's remote-work track record.

Scores are heuristic estimates from population density, state, and known transit/walkable cities. Not based on a paid Walk Score / Transit Score API — see methodology for the formula.

Rent trajectory · last 5 years

Zillow ZORI · monthly
$1,496/mo$1,193$1,390$1,58620242026

Home value vs rent · indexed to 100

Both rebased at first month of ZORI data (~2015)
Home valueRent11111710012020242026

Rent vs buy

Price-to-rent ratio: 12.4
Buy

At a 12.4 price-to-rent ratio, buying generally beats renting in Alamogordo on a long-enough horizon. The headline math is that one year of mortgage payments approximates 12.4 years of rent — well below the 15+ threshold where ownership starts to dominate.

How the momentum score breaks down

methodology →
Home YoY
34 · w22%
Home 5-yr CAGR
76 · w22%
Distance from peak
68 · w18%
Population growth
57 · w16%
Rent YoY
53 · w12%
Home 10-yr CAGR
68 · w10%
Long thesis

Alamogordo has held up across the cycle: home values at $222,209 with +7.3% 5-year CAGR. The bull case is structural — population, location, employer base — and holds even if next year's print is soft.

Short thesis

Alamogordo's bear case is the boring one: the cycle is real and any market that's run hard can stall. Watch for slowing population growth, rising days-on-market, or builder discounts as the early warning signals.

About Alamogordo

Alamogordo is a city in Otero County, New Mexico, with an estimated population of 31,667. The population grew 0.6% annually from 2020 to 2024, a moderate gain. The median home value in Alamogordo is $222,209 as of 2026-04, down 3.2% over the last 12 months. Over the last five years, home values have averaged +7.3% annual growth (-3.6% from the 5-year peak). Rents in Alamogordo average $1,496 per month, roughly flat year-over-year (+1.2%). The composite momentum score is 59 of 100 (Stable). Conditions are neither hot nor cold, so the local fit matters more than market timing.

▲ Bull case

●Healthy 5-year run: +7.3% annualized over 5 years, outpacing US inflation.
○The data is the data: Alamogordo has at least 5 years of Zillow tracking, full Census identification, and is included in the 2-criteria momentum score on this page.

▼ Bear case

●Cooling: -3.2% over the trailing year — momentum has stalled.
○Local nuance: city-level data smooths over neighborhood differences. School zones, HOA rules, and street-level character matter — visit before deciding.

About Alamogordo (Wikipedia)

Alamogordo is a city in and the county seat of Otero County, New Mexico, United States. A city in the Tularosa Basin of the Chihuahuan Desert, it is bordered on the east by the Sacramento Mountains and to the west by Holloman Air Force Base. The population was 31,384 as of the 2020 census. Alamogordo is widely known for its connection with the 1945 Trinity test, which was the first-ever explosion of an atomic bomb.

Source: Wikipedia · this summary is contributed and licensed under CC-BY-SA.

Playbook

Buyer

Lifestyle fit matters more than market timing in a Stable market. Take your time on the home and neighborhood; the macro trend isn't urgent. Negotiate normally.

Seller

Price competitively from day one or risk a 60+ day listing. Staging, photography, and presentation matter more in Stable markets than in Hot ones.

Investor

Stable cap rates, no big appreciation story to lean on. Underwrite this as a pure cash-flow play — the math has to work on rent alone.

Local safety & alerts

No active National Weather Service alerts for Otero County right now.

NWS active alerts (NM)New Mexico Emergency ManagementHow to prepare (NWS)

Public-safety links are official .gov sources, not curated by us. Otero County routes NWS alerts; check the state EM portal for non-weather emergencies.

Cities like Alamogordo

Sunland Park, NM69 · RisingLas Cruces, NM66 · RisingAnthony, NM68 · RisingRio Rancho, NM72 · Rising

Run the numbers for Alamogordo

ToolCan I afford Alamogordo?Income → city shortlistToolROI on a Alamogordo rentalCap rate, cash-on-cash, DSCRToolCompare Alamogordo to anywhereSide-by-side up to 3 citiesToolAlamogordo cost-of-livingEquivalent income elsewhere

Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.

Climate & natural-disaster risk

Winter (Jan)
50° / 25°
avg high / low
Summer (Jul)
87° / 61°
avg high / low
Sunny days/yr
280
~77% of year
Annual precip
14″ rain
12″ snow
Disaster risk (1=very low, 5=very high)
Hurricane
Very low
Tornado
Low
Wildfire
Very high
Earthquake
Low
Flood
Low

State-level averages from NOAA Climate Normals (1991-2020) and FEMA National Risk Index. City-level conditions can vary significantly within a state.

Current weather

Loading current conditions…

7-day forecast on weather.gov →

Find rentals & listings

Open current Alamogordo listings on the major real-estate sites.

Links open the live search on the destination site — results are always current.

Local news & community

Updated 2026-05-21 from Google News + Reddit RSS. Headlines link to original sources.

Local sports teams

Major professional teams the Alamogordo area cheers for. Detailed stats, schedules, and player pages on intherafters.com.

Local economy & environment

Humidity
48%
Dry climate
Median household income
$58,700
New Mexico state median
Top industries (state-level)
Government (labs)TourismOil & Gas

Humidity is annual average relative humidity (NOAA). Income is Census ACS 5-year estimate. Industries are largest employment sectors statewide (BLS); the local mix in a given city may vary.

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