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ALAMOGORDO, NM 88311

Real Estate Market Report  ·  Otero County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The ALAMOGORDO, NM real estate market (88311) currently shows 1 active listings. Homes are averaging 22 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 22 days on market compared to 155 days last year.

The median listing price has fallen 27.7% year-over-year, from $179,000 to $129,500.

Whether you are buying or selling in ALAMOGORDO, NM, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 829  ·  Density: 134.4/mi²  ·  Median household income: $16,860

Typical home value: $0  ·  Homeownership: 88.5%

Market Overview

Active Listings
1
vs 1 last year
Pending
0
0% pending ratio
Median Price
$129,500
⇩ 27.7% vs $179,000 last year
Average Price
$129,500
⇩ 27.7% vs $179,000 last year
Days on Market
22
⇩ 85.8% vs 155 days last year

Price Per Square Foot

Median $/sqft
$120
⇧ 34.8% vs $89/sqft last year
Median Home Size
1,076 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
98%
Listings with no price change
Price Reduced
2%

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 22 now vs 155 last year

Median & Average Pricing

Year over Year
  • Median: $129,500 (-27.7% YoY)
  • Average: $129,500 (-27.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 58.7 miles — 579 listings ($342,922,226 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
88311Alamogordo, NM 883110.0 mi1$130,000$130,000$130,000
88325High Rolls Mountain Park, NM 883258.1 mi20$12,774,520$499,500$638,726
88317Cloudcroft, NM 8831718.6 mi58$31,978,880$346,000$551,360
88314Bent, NM 8831421.5 mi1$639,700$639,700$639,700
88352Tularosa, NM 8835226.3 mi13$3,655,925$289,900$281,225
88339Mayhill, NM 8833940.0 mi17$8,470,114$499,750$498,242
88081Chaparral, NM 8808142.3 mi24$7,756,512$290,987$323,188
88011Las Cruces, NM 8801144.9 mi297$147,638,403$411,500$497,099
88312Alto, NM 8831247.5 mi138$115,583,004$696,250$837,558
88341Nogal, NM 8834149.8 mi4$11,314,668$842,833$2,828,667
88336Hondo, NM 8833653.9 mi2$1,679,000$839,500$839,500
88032Dona Ana, NM 8803254.6 mi3$1,162,500$387,500$387,500
88072Vado, NM 8807258.7 mi1$139,000$139,000$139,000

Frequently Asked Questions

How many homes are for sale in ALAMOGORDO, NM 88311?

As of March 2026, there are 1 active listings in ALAMOGORDO, NM (zip code 88311), compared to 1 the prior year.

What is the median home price in ALAMOGORDO, NM 88311?

The median listing price in ALAMOGORDO, NM 88311 is $129,500 as of March 2026, a 27.7% decrease from $179,000 the prior year.

How long do homes stay on the market in ALAMOGORDO, NM?

Homes in ALAMOGORDO, NM 88311 spend an average of 22 days on the market before going under contract, compared to 155 days the prior year.

Is it a seller's or buyer's market in ALAMOGORDO, NM 88311?

Based on current inventory and days-on-market data as of March 2026, ALAMOGORDO, NM 88311 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 22 days on market compared to 155 days last year.

How much can I save on real estate commission in ALAMOGORDO, NM?

With SELL123.com's maximum 3% commission, sellers in ALAMOGORDO, NM 88311 save an estimated $2,590 compared to a typical 5% commission on the median listing price of $129,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.