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Preforeclosure Homes in Alamogordo, NM 88310

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Alamogordo, NM Foreclosures

How much do homes sell for in Alamogordo, NM?
The average home price is currently $216,936.
In Alamogordo, NM, how many homes are available?
There are currently 30 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 $2,427,496.
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, NM is a charming city nestled in the Tularosa Basin, offering residents a blend of rich cultural history and access to breathtaking natural landscapes. The city features a strong community spirit and caters to a variety of lifestyles with local amenities and outdoor activities. Notably close to White Sands National Park, it's an ideal spot for nature enthusiasts.

Current Market Conditions in Alamogordo, NM

Alamogordo's real estate market has been relatively stable, with a slight uptick in home prices over the past year as demand continues to grow due to the area's appealing lifestyle and outdoor recreational opportunities. Several families and retirees have been drawn to the area, contributing to a competitive market with varied housing options.

The current market conditions indicate a steady demand for single-family homes, particularly in desirable neighborhoods close to schools and amenities. First-time homebuyers will find reasonably priced homes, while investors can explore opportunities to acquire rentals in this blossoming market.

Home Value Estimator For Alamogordo, NM

There are currently 14,541 real estate properties in Alamogordo, NM, with a median automated valuation model (AVM) price of $193,510.00. 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 $216,936.00, with the most expensive house in Alamogordo, NM, topping out at $2,427,496.00 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 88310 Preforeclosure Homes


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