Alamogordo USDA Loan Rates, Closing Costs & Stats
Alamogordo, NM
USDA loans are zero-downpayment loans targeted towards lower-income households in rural areas. They can be made directly by the US Department of Agriculture or through a participating lender-- and they typically to borrowers with credit scores over 640. They can have subsidized rates, making them very competitive in terms of cost, but they have more stringent standards on who is eligible as well as specific covenants such as only being available in rural areas and limits on home size.
Alamogordo USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Alamogordo
averaged
6.37%
for the week of 2024-12-13, compared to the national average (all USDA variants) of
6.303% for the same period.
Alamogordo's average USDA mortgage closing costs are $7,531.
The average rate for the prior week (2024-12-06) was
6.21% and
one month ago for the week of 2024-11-08, the
average rate was 6.42%.
The average rate one year ago was 6.59%.
For refis of the same type during the week of 2024-12-13, the average rate
was 6.1%.
Alamogordo USDA Loan Lenders by Rates & Fees
The below table looks at the average fees/closing costs and rates for USDA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Alamogordo level.
| Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
|---|
The lowest fee Alamogordo USDA lenders (with over 10 loans originated) are
.
The lowest rate Alamogordo USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Alamogordo (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
|---|---|---|---|---|
| 2018-01-01 | $178,250 (11.7%) | $203,193 (7.9%) | 0.00 | 646 |
| 2018-02-01 | $179,375 (12.4%) | $204,550 (8.0%) | 0.00 | 636 |
| 2018-03-01 | $179,600 (12.3%) | $206,979 (5.6%) | 0.00 | 613 |
| 2018-04-01 | $183,250 (11.1%) | $209,998 (5.7%) | 0.00 | 602 |
| 2018-05-01 | $180,000 (9.1%) | $211,078 (6.6%) | 0.00 | 589 |
| 2018-06-01 | $177,000 (3.0%) | $213,520 (1.1%) | 0.00 | 578 |
| 2018-07-01 | $178,875 (4.2%) | $219,803 (2.7%) | 0.00 | 572 |
| 2018-08-01 | $179,700 (5.8%) | $223,910 (4.6%) | 0.00 | 569 |
| 2018-09-01 | $179,800 (5.8%) | $222,914 (4.1%) | 0.00 | 537 |
| 2018-10-01 | $179,250 (2.6%) | $223,419 (9.5%) | 0.00 | 506 |
| 2018-11-01 | $173,574 (-0.5%) | $221,456 (11.0%) | 0.00 | 473 |
| 2018-12-01 | $174,900 (0.5%) | $224,783 (13.4%) | 0.00 | 450 |
| 2019-01-01 | $182,450 (2.4%) | $230,514 (13.5%) | 0.00 | 425 |
| 2019-02-01 | $185,155 (3.2%) | $229,014 (12.0%) | 0.00 | 401 |
| 2019-03-01 | $190,106 (5.9%) | $228,638 (10.5%) | 0.00 | 404 |
| 2019-04-01 | $198,000 (8.1%) | $229,094 (9.1%) | 0.00 | 422 |
| 2019-05-01 | $198,000 (10.0%) | $229,142 (8.6%) | 0.00 | 445 |
| 2019-06-01 | $194,200 (9.7%) | $228,173 (6.9%) | 0.00 | 447 |
| 2019-07-01 | $189,950 (6.2%) | $227,316 (3.4%) | 0.00 | 447 |
| 2019-08-01 | $189,827 (5.6%) | $226,965 (1.4%) | 0.00 | 421 |
| 2019-09-01 | $189,643 (5.5%) | $224,988 (0.9%) | 0.00 | 410 |
| 2019-10-01 | $188,725 (5.3%) | $221,139 (-1.0%) | 0.00 | 398 |
| 2019-11-01 | $178,750 (3.0%) | $212,890 (-3.9%) | 0.00 | 389 |
| 2019-12-01 | $183,800 (5.1%) | $217,780 (-3.1%) | 0.00 | 367 |
| 2020-01-01 | $188,150 (3.1%) | $219,385 (-4.8%) | 0.00 | 359 |
| 2020-02-01 | $198,950 (7.5%) | $229,727 (0.3%) | 0.00 | 353 |
| 2020-03-01 | $197,375 (3.8%) | $229,001 (0.2%) | 0.00 | 329 |
| 2020-04-01 | $191,900 (-3.1%) | $224,013 (-2.2%) | 0.00 | 319 |
| 2020-05-01 | $198,500 (0.3%) | $231,280 (0.9%) | 0.00 | 281 |
| 2020-06-01 | $208,850 (7.5%) | $244,059 (7.0%) | 0.00 | 221 |
| 2020-07-01 | $216,200 (13.8%) | $245,058 (7.8%) | 0.00 | 198 |
| 2020-08-01 | $219,900 (15.8%) | $257,050 (13.3%) | 0.00 | 172 |
| 2020-09-01 | $219,225 (15.6%) | $258,885 (15.1%) | 0.00 | 178 |
| 2020-10-01 | $220,000 (16.6%) | $285,813 (29.3%) | 0.00 | 174 |
| 2020-11-01 | $215,625 (20.6%) | $277,890 (30.5%) | 0.00 | 163 |
| 2020-12-01 | $217,950 (18.6%) | $317,098 (45.6%) | 0.00 | 167 |
| 2021-01-01 | $209,450 (11.3%) | $309,082 (40.9%) | 0.00 | 164 |
| 2021-02-01 | $197,175 (-0.9%) | $303,038 (31.9%) | 0.00 | 138 |
| 2021-03-01 | $187,150 (-5.2%) | $309,051 (35.0%) | 0.00 | 123 |
| 2021-04-01 | $201,600 (5.1%) | $332,885 (48.6%) | 0.00 | 112 |
| 2021-05-01 | $229,850 (15.8%) | $351,157 (51.8%) | 0.00 | 115 |
| 2021-06-01 | $225,475 (8.0%) | $338,535 (38.7%) | 0.00 | 143 |
| 2021-07-01 | $239,700 (10.9%) | $355,242 (45.0%) | 0.00 | 149 |
| 2021-08-01 | $222,500 (1.2%) | $366,797 (42.7%) | 0.00 | 150 |
| 2021-09-01 | $213,625 (-2.6%) | $382,434 (47.7%) | 0.00 | 145 |
| 2021-10-01 | $239,250 (8.8%) | $397,242 (39.0%) | 0.00 | 136 |
| 2021-11-01 | $255,850 (18.7%) | $378,293 (36.1%) | 0.00 | 132 |
| 2021-12-01 | $267,250 (22.6%) | $414,254 (30.6%) | 0.00 | 119 |
| 2022-01-01 | $264,950 (26.5%) | $386,791 (25.1%) | 0.00 | 107 |
| 2022-02-01 | $267,375 (35.6%) | $371,089 (22.5%) | 0.00 | 87 |
| 2022-03-01 | $288,475 (54.1%) | $380,333 (23.1%) | 0.00 | 85 |
| 2022-04-01 | $269,000 (33.4%) | $416,193 (25.0%) | 0.00 | 98 |
| 2022-05-01 | $257,225 (11.9%) | $390,462 (11.2%) | 0.00 | 119 |
| 2022-06-01 | $266,250 (18.1%) | $378,214 (11.7%) | 0.00 | 134 |
| 2022-07-01 | $270,000 (12.6%) | $358,677 (1.0%) | 0.00 | 160 |
| 2022-08-01 | $273,450 (22.9%) | $365,389 (-0.4%) | 0.00 | 152 |
| 2022-09-01 | $286,000 (33.9%) | $372,690 (-2.6%) | 0.00 | 130 |
| 2022-10-01 | $284,500 (18.9%) | $375,021 (-5.6%) | 0.00 | 131 |
| 2022-11-01 | $299,500 (17.1%) | $394,317 (4.2%) | 0.00 | 133 |
| 2022-12-01 | $299,500 (12.1%) | $396,434 (-4.3%) | 0.00 | 135 |
| 2023-01-01 | $304,750 (15.0%) | $400,508 (3.6%) | 0.00 | 130 |
| 2023-02-01 | $316,635 (18.4%) | $415,975 (12.1%) | 0.00 | 114 |
| 2023-03-01 | $325,225 (12.7%) | $413,678 (8.8%) | 0.00 | 112 |
| 2023-04-01 | $299,700 (11.4%) | $391,887 (-5.8%) | 0.00 | 119 |
| 2023-05-01 | $297,075 (15.5%) | $371,935 (-4.7%) | 0.00 | 135 |
| 2023-06-01 | $334,725 (25.7%) | $405,377 (7.2%) | 0.00 | 137 |
| 2023-07-01 | $319,350 (18.3%) | $386,561 (7.8%) | 0.00 | 148 |
| 2023-08-01 | $335,750 (22.8%) | $401,771 (10.0%) | 0.00 | 142 |
| 2023-09-01 | $319,600 (11.8%) | $392,861 (5.4%) | 0.00 | 153 |
| 2023-10-01 | $315,000 (10.7%) | $392,120 (4.6%) | 0.00 | 166 |
| 2023-11-01 | $299,600 (0.0%) | $388,351 (-1.5%) | 0.00 | 173 |
| 2023-12-01 | $299,000 (-0.2%) | $394,834 (-0.4%) | 0.00 | 182 |
| 2024-01-01 | $293,450 (-3.7%) | $391,045 (-2.4%) | 0.00 | 174 |
| 2024-02-01 | $295,650 (-6.6%) | $380,322 (-8.6%) | 0.00 | 180 |
| 2024-03-01 | $329,720 (1.4%) | $393,278 (-4.9%) | 0.00 | 175 |
| 2024-04-01 | $328,000 (9.4%) | $400,364 (2.2%) | 0.00 | 177 |
| 2024-05-01 | $320,008 (7.7%) | $375,990 (1.1%) | 0.00 | 195 |
| 2024-06-01 | $315,000 (-5.9%) | $381,128 (-6.0%) | 0.00 | 241 |
| 2024-07-01 | $304,475 (-4.7%) | $378,620 (-2.1%) | 0.00 | 240 |
| 2024-08-01 | $315,500 (-6.0%) | $383,942 (-4.4%) | 0.00 | 251 |
| 2024-09-01 | $306,250 (-4.2%) | $394,502 (0.4%) | 0.00 | 244 |
| 2024-10-01 | $299,325 (-5.0%) | $392,918 (0.2%) | 0.00 | 257 |
| 2024-11-01 | $309,700 (3.4%) | $398,529 (2.6%) | 0.00 | 261 |
Alamogordo's median listing price comes in at 0% of the national average.
Alamogordo's average listing price for 2024-11-01 was $398,529, a difference of $10,178 (2.6%) versus the prior year and $5,611 versus the prior month.
For the 2024-11-01 period, Alamogordo had 261 MLS listings, a difference of 4 listings (2%) versus the prior month and 88 listings (51%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Alamogordo (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,752 sqft |
| 2018-02-01 | 0 days | 1,750 sqft |
| 2018-03-01 | 0 days | 1,757 sqft |
| 2018-04-01 | 0 days | 1,782 sqft |
| 2018-05-01 | 0 days | 1,793 sqft |
| 2018-06-01 | 0 days | 1,775 sqft |
| 2018-07-01 | 0 days | 1,794 sqft |
| 2018-08-01 | 0 days | 1,812 sqft |
| 2018-09-01 | 0 days | 1,816 sqft |
| 2018-10-01 | 0 days | 1,818 sqft |
| 2018-11-01 | 0 days | 1,814 sqft |
| 2018-12-01 | 0 days | 1,820 sqft |
| 2019-01-01 | 0 days | 1,829 sqft |
| 2019-02-01 | 0 days | 1,840 sqft |
| 2019-03-01 | 0 days | 1,842 sqft |
| 2019-04-01 | 0 days | 1,858 sqft |
| 2019-05-01 | 0 days | 1,851 sqft |
| 2019-06-01 | 0 days | 1,844 sqft |
| 2019-07-01 | 0 days | 1,825 sqft |
| 2019-08-01 | 0 days | 1,818 sqft |
| 2019-09-01 | 0 days | 1,805 sqft |
| 2019-10-01 | 0 days | 1,792 sqft |
| 2019-11-01 | 0 days | 1,777 sqft |
| 2019-12-01 | 0 days | 1,803 sqft |
| 2020-01-01 | 0 days | 1,816 sqft |
| 2020-02-01 | 0 days | 1,853 sqft |
| 2020-03-01 | 0 days | 1,811 sqft |
| 2020-04-01 | 0 days | 1,801 sqft |
| 2020-05-01 | 0 days | 1,800 sqft |
| 2020-06-01 | 0 days | 1,827 sqft |
| 2020-07-01 | 0 days | 1,826 sqft |
| 2020-08-01 | 0 days | 1,875 sqft |
| 2020-09-01 | 0 days | 1,808 sqft |
| 2020-10-01 | 0 days | 1,803 sqft |
| 2020-11-01 | 0 days | 1,785 sqft |
| 2020-12-01 | 0 days | 1,780 sqft |
| 2021-01-01 | 0 days | 1,776 sqft |
| 2021-02-01 | 0 days | 1,767 sqft |
| 2021-03-01 | 0 days | 1,693 sqft |
| 2021-04-01 | 0 days | 1,778 sqft |
| 2021-05-01 | 0 days | 1,936 sqft |
| 2021-06-01 | 0 days | 1,871 sqft |
| 2021-07-01 | 0 days | 1,819 sqft |
| 2021-08-01 | 0 days | 1,786 sqft |
| 2021-09-01 | 0 days | 1,750 sqft |
| 2021-10-01 | 0 days | 1,860 sqft |
| 2021-11-01 | 0 days | 1,794 sqft |
| 2021-12-01 | 0 days | 1,901 sqft |
| 2022-01-01 | 0 days | 1,809 sqft |
| 2022-02-01 | 0 days | 1,801 sqft |
| 2022-03-01 | 0 days | 1,946 sqft |
| 2022-04-01 | 0 days | 1,942 sqft |
| 2022-05-01 | 0 days | 1,824 sqft |
| 2022-06-01 | 0 days | 1,818 sqft |
| 2022-07-01 | 0 days | 1,822 sqft |
| 2022-08-01 | 0 days | 1,854 sqft |
| 2022-09-01 | 0 days | 1,882 sqft |
| 2022-10-01 | 0 days | 1,900 sqft |
| 2022-11-01 | 0 days | 2,005 sqft |
| 2022-12-01 | 0 days | 2,008 sqft |
| 2023-01-01 | 0 days | 1,986 sqft |
| 2023-02-01 | 0 days | 2,019 sqft |
| 2023-03-01 | 0 days | 1,991 sqft |
| 2023-04-01 | 0 days | 1,945 sqft |
| 2023-05-01 | 0 days | 1,865 sqft |
| 2023-06-01 | 0 days | 1,951 sqft |
| 2023-07-01 | 0 days | 1,940 sqft |
| 2023-08-01 | 0 days | 1,971 sqft |
| 2023-09-01 | 0 days | 1,936 sqft |
| 2023-10-01 | 0 days | 1,915 sqft |
| 2023-11-01 | 0 days | 1,900 sqft |
| 2023-12-01 | 0 days | 1,895 sqft |
| 2024-01-01 | 0 days | 1,912 sqft |
| 2024-02-01 | 0 days | 1,907 sqft |
| 2024-03-01 | 0 days | 1,921 sqft |
| 2024-04-01 | 0 days | 1,906 sqft |
| 2024-05-01 | 0 days | 1,871 sqft |
| 2024-06-01 | 0 days | 1,853 sqft |
| 2024-07-01 | 0 days | 1,839 sqft |
| 2024-08-01 | 0 days | 1,848 sqft |
| 2024-09-01 | 0 days | 1,860 sqft |
| 2024-10-01 | 0 days | 1,822 sqft |
| 2024-11-01 | 0 days | 1,840 sqft |
Alamogordo's median square footage for active listings during the 2024-11-01 period was 1,840 sqft. One year prior, the average listing was 1,900 sqft.