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Rent To Own Homes in Alamogordo, NM

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Alamogordo, NM Foreclosures

How much do homes sell for in Alamogordo, NM?
The average home price is currently $213,172.
In Alamogordo, NM, how many homes are available?
There are currently 17 active home listings available in Alamogordo.
What’s the average rental cost in Alamogordo, NM?
The average rental price in Alamogordo is $1,014.
What is the most expensive home in Alamogordo?
The most expensive home sold in Alamogordo had a price of $2,384,115.
What is currently the cheapest priced home in Alamogordo, NM?
The cheapest home for sale in Alamogordo is priced at $12,121.

Living in Alamogordo, NM

Alamogordo, New Mexico is a sun-soaked city nestled in the heart of the Tularosa Basin, famous for its rich history and access to outdoor adventures. With affordable housing options and a strong sense of community, it is an attractive destination for both families and new residents. Enjoy the nearby national parks and recreational activities while taking advantage of the thriving local economy.

Current Market Conditions in Alamogordo, NM

The real estate market in Alamogordo is currently showing a strong demand for housing, with prices steadily increasing due to an influx of new residents attracted by the area's climate, affordability, and quality of life. Inventory levels remain relatively low, leading to competition among buyers, particularly in desirable neighborhoods.

Home Value Estimator For Alamogordo, NM

There are currently 14,537 real estate properties in Alamogordo, NM, with a median automated valuation model (AVM) price of $190,373.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Alamogordo, NM, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Alamogordo, NM, is $213,172.00, with the most expensive house in Alamogordo, NM, topping out at $2,384,115.00 and the cheapest home in Alamogordo, NM, clocking in at $12,121.00. In other words, there’s something for every potential homebuyer or savvy investor in Alamogordo, NM!

Rent Prices In Alamogordo, NM

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Alamogordo, NM, is on a rollercoaster ride. The average rent price in Alamogordo, NM, is $1,014.00. Indeed, when looking to rent in Alamogordo, NM, you can expect to pay as little as $480.00 or as much as $2,900.00, with the average rent median estimated to be $990.00. The good news is that finding an affordable and desirable property to rent in Alamogordo, NM -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Alamogordo, NM Rent To Own Homes

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