Alamogordo Mortgage Rates & Closing Costs

  • JUMP TO:
  • Trends
  • Rates vs. Fees
  • Top Lenders
  • Market Share
  • Market Conditions & Pricing
  • Time on Market/Property Size
  • Loan Attributes
    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Alamogordo averaged 6.74% for the week of 2025-04-10, compared to the national average of 6.62% for the same period.

    The average rate for the prior week (2025-04-03) was 6.66% and one month ago for the week of 2025-03-06, the average rate was 6.95%.

    Alamogordo's average rate one year ago was 6.94%.

    For refis of the same type during the week of 2025-04-10, the average rate was 6.82%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2025-04-10 6.62%
    Alamogordo 30 Year Fixed Rate 2025-04-10 6.74%
    Alamogordo 30 Year Fixed Rate Refi 2025-04-10 6.82%
    Alamogordo 15 Year Fixed Rate 2025-04-10 5.62%
    Alamogordo 15 Year Fixed Rate Refi 2025-04-10 6.12%
    Alamogordo 30 Year FHA 2025-04-10 6.53%
    Alamogordo 30 Year FHA Refi 2025-04-10 6.53%
    Alamogordo 30 Year USDA 2025-04-10 6.25%
    Alamogordo 30 Year USDA Refi 2025-04-10 6.25%
    Alamogordo 30 Year VA 2025-04-10 6.2%
    Alamogordo 30 Year VA Refi 2025-04-10 6.49%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Alamogordo, NM.

    Alamogordo Top Lenders by Rates & Fees

    The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the Alamogordo, NM market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    QUICKEN LOANS, LLC 31 6.80% $6,707
    Gateway First Bank 28 6.87% $6,347
    MID AMERICA MORTGAGE, INC. 24 6.88% $7,864
    UNITED WHOLESALE MORTGAGE, LLC 9 7.07% $5,673
    JPMorgan Chase Bank 7 6.96% $5,917
    USAA Federal Savings Bank 6 6.52% $4,189
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 5 7.37% $4,099
    Sierra Pacific Mortgage Company, Inc. 5 7.48% $7,269
    NAVY FEDERAL CREDIT UNION 5 6.68% $3,109
    JMAC LENDING, INC. 5 6.58% $3,065
    Wells Fargo Bank 4 6.81% $4,221
    GUILD MORTGAGE COMPANY 4 7.09% $6,319
    U.S. Bank 4 6.56% $5,911
    HOMEOWNERS FINANCIAL GROUP USA, LLC 4 7.31% $7,378
    Flagstar Bank, FSB 4 6.87% $3,909
    PENNYMAC LOAN SERVICES, LLC 4 6.81% $6,899
    BROKER SOLUTIONS, INC. 3 6.75% $9,357
    HOMESIDE FINANCIAL, LLC 3 6.46% $2,889
    21ST MORTGAGE CORPORATION 3 8.33% $5,816
    CMG MORTGAGE, INC. 3 7.24% $5,833
    VANDERBILT MORTGAGE AND FINANCE, INC. 3 8.33% $5,793
    City Bank 2 7.38% $7,453
    AMERICAN FINANCIAL RESOURCES, INC. 2 6.94% $3,171
    AMERICAN PACIFIC MORTGAGE CORPORATION 2 7.44% $6,305
    CROSSCOUNTRY MORTGAGE, LLC 2 5.75% $9,427
    DIRECTORS MORTGAGE, INC. 2 6.94% $7,785
    LOANDEPOT.COM, LLC 2 6.81% $6,523
    MOUNTAIN AMERICA 2 7.50% $5,046
    NexBank 2 7.69% $7,112
    NUSENDA 2 6.25% $4,187
    Plains Commerce Bank 2 7.19% $5,251
    Waterstone Mortgage Corporation 2 6.75% $7,228
    Citizens Bank of Las Cruces 1 7.63% $18,753
    Citadel Servicing Corporation 1 7.63% $8,841
    Axos Bank 1 8.00% $4,312
    LOANPAL, LLC 1 5.38% $0
    MICHIGAN MUTUAL, INC. 1 6.88% $2,238
    CHURCHILL MORTGAGE CORPORATION 1 6.99% $3,200
    AMERISAVE MORTGAGE CORPORATION 1 7.38% $5,792
    Mr. Cooper ( Nationstar Mortgage ) 1 7.63% $7,203
    Nations Lending Corporation 1 7.25% $4,024
    Century Mortgage Company DBA Century Lending Company 1 7.13% $5,157
    NBKC BANK 1 6.13% $3,084
    NEWREZ LLC 1 7.25% $7,461
    American Mortgage & Equity Consultants, Inc. 1 6.63% $5,866
    NOVA FINANCIAL & INVESTMENT CORPORATION 1 6.63% $4,876
    ZILLOW HOME LOANS, LLC 1 6.63% $5,947
    Carrington Mortgage Services, LLC 1 5.63% $5,827
    Ally Bank 1 7.13% $2,034
    PRIMARY RESIDENTIAL MORTGAGE, INC. 1 6.38% $12,250
    CANVAS CREDIT UNION 1 5.75% $3,471
    Quontic Bank 1 8.13% $9,816
    ROYAL UNITED MORTGAGE LLC 1 6.88% $7,404
    SANDIA LABORATORY 1 6.38% $1,165
    BMO Harris Bank 1 7.50% $5,022
    STAR ONE CREDIT UNION 1 5.88% $6,139
    Stride Bank 1 7.13% $14,794
    SUN AMERICAN MORTGAGE COMPANY 1 7.13% $3,573
    The Loan Store, Inc. 1 6.13% $1,927
    BELEM SERVICING LLC 1 6.88% $5,936
    FREEDOM MORTGAGE CORPORATION 1 8.50% $7,254
    GECU 1 7.75% $3,545
    GUARANTEED RATE AFFINITY, LLC 1 7.00% $3,991
    First American Bank 1 7.38% $3,713
    Farm Credit Mid-America, ACA 1 7.25% $7,328
    EUSTIS AND AMERICAN MORTGAGE COMPANY 1 6.63% $3,671

    Alamogordo Average Closing Costs & Other Stats

    Alamogordo, NM's 66 lenders originated 1,031 loans during 2024. The total origination value was $206,795,000, with an average loan value of $200,577.

    Alamogordo's average closing costs are $5,518.

    The top Alamogordo lender as defined by loan originations is QUICKEN LOANS, LLC, with 31 loans originated. Their average total fees are $6,707, which is $360 higher than the next largest lender, Gateway First Bank.

    The lowest fee Alamogordo lenders (with over 10 loans originated) are Gateway First Bank ($6,347), QUICKEN LOANS, LLC ($6,707), MID AMERICA MORTGAGE, INC. ($7,864), .

    The lowest rate Alamogordo lenders (with over 10 loans originated) are QUICKEN LOANS, LLC (6.80%), Gateway First Bank (6.87%), MID AMERICA MORTGAGE, INC. (6.88%), .

    Alamogordo, NM Mortgage Market Share & Volume

    Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

    Name 2023 Loan Value 2024 Loan Value % Change 2024 Market Share
    MID AMERICA MORTGAGE, INC. $21,005,000 $27,170,000 29.4% 13.1%
    Gateway First Bank $16,430,000 $16,220,000 -1.3% 7.8%
    Mortgage Research Center, LLC $17,405,000 $15,125,000 -13.1% 7.3%
    UNITED WHOLESALE MORTGAGE, LLC $6,095,000 $13,985,000 129.5% 6.8%
    QUICKEN LOANS, LLC $8,300,000 $13,845,000 66.8% 6.7%
    21ST MORTGAGE CORPORATION $4,900,000 $7,365,000 50.3% 3.6%
    USAA Federal Savings Bank $5,995,000 $7,070,000 17.9% 3.4%
    PENNYMAC LOAN SERVICES, LLC $2,140,000 $5,785,000 170.3% 2.8%
    NAVY FEDERAL CREDIT UNION $4,690,000 $5,170,000 10.2% 2.5%
    FREEDOM MORTGAGE CORPORATION $1,325,000 $4,700,000 254.7% 2.3%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $2,675,000 $4,410,000 64.9% 2.1%
    JMAC LENDING, INC. $4,030,000 n/a 1.9%
    HOMEOWNERS FINANCIAL GROUP USA, LLC $7,720,000 $3,410,000 -55.8% 1.6%
    Plains Commerce Bank $3,030,000 n/a 1.5%
    NBKC BANK $5,545,000 $3,025,000 -45.4% 1.5%
    CMG MORTGAGE, INC. $7,515,000 $2,920,000 -61.1% 1.4%
    Equity Prime Mortgage LLC $770,000 $2,885,000 274.7% 1.4%
    Armed Forces Bank $3,400,000 $2,765,000 -18.7% 1.3%
    Waterstone Mortgage Corporation $2,785,000 $2,630,000 -5.6% 1.3%
    Mr. Cooper ( Nationstar Mortgage ) $440,000 $2,405,000 446.6% 1.2%
    Sierra Pacific Mortgage Company, Inc. $1,515,000 $2,250,000 48.5% 1.1%
    BROKER SOLUTIONS, INC. $1,040,000 $2,210,000 112.5% 1.1%
    JPMorgan Chase Bank $660,000 $1,930,000 192.4% 0.9%
    VANDERBILT MORTGAGE AND FINANCE, INC. $1,730,000 $1,845,000 6.6% 0.9%
    Century Mortgage Company DBA Century Lending Company $1,730,000 n/a 0.8%
    CROSSCOUNTRY MORTGAGE, LLC $1,650,000 n/a 0.8%
    Flagstar Bank, FSB $475,000 $1,490,000 213.7% 0.7%
    GUILD MORTGAGE COMPANY $520,000 $1,430,000 175.0% 0.7%
    VILLAGE CAPITAL MORTGAGE $210,000 $1,245,000 492.9% 0.6%
    U.S. Bank $575,000 $1,230,000 113.9% 0.6%
    LENDINGONE, LLC $735,000 $1,205,000 63.9% 0.6%
    PLANET HOME LENDING, LLC $605,000 $1,195,000 97.5% 0.6%
    Sunflower Bank $810,000 $1,145,000 41.4% 0.6%
    First Federal Bank $185,000 $1,105,000 497.3% 0.5%
    AMERICAN PACIFIC MORTGAGE CORPORATION $1,100,000 n/a 0.5%
    LOANPEOPLE, LLC $970,000 n/a 0.5%
    LOANDEPOT.COM, LLC $845,000 $940,000 11.2% 0.5%
    EUSTIS AND AMERICAN MORTGAGE COMPANY $155,000 $895,000 477.4% 0.4%
    Citizens Bank of Las Cruces $95,000 $880,000 826.3% 0.4%
    NUSENDA $3,395,000 $870,000 -74.4% 0.4%
    AMERISAVE MORTGAGE CORPORATION $875,000 $860,000 -1.7% 0.4%
    SOUTHWEST STAGE FUNDING, LLC $650,000 $855,000 31.5% 0.4%
    PENTAGON FEDERAL CREDIT UNION $1,760,000 $845,000 -52.0% 0.4%
    HOMESIDE FINANCIAL, LLC $115,000 $830,000 621.7% 0.4%
    PNC Bank $285,000 $830,000 191.2% 0.4%
    First American Bank $2,990,000 $810,000 -72.9% 0.4%
    The Federal Savings Bank $335,000 $735,000 119.4% 0.4%
    NEWREZ LLC $320,000 $730,000 128.1% 0.4%
    First National Bank Texas $115,000 $725,000 530.4% 0.4%
    Magnolia Bank $795,000 $705,000 -11.3% 0.3%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $465,000 $690,000 48.4% 0.3%
    First Savings Bank $310,000 $625,000 101.6% 0.3%
    Carrington Mortgage Services, LLC $480,000 $615,000 28.1% 0.3%
    BELEM SERVICING LLC $605,000 n/a 0.3%
    MUTUAL OF OMAHA MORTGAGE, INC. $730,000 $605,000 -17.1% 0.3%
    CARDINAL FINANCIAL $650,000 $575,000 -11.5% 0.3%
    AMERICAN FINANCIAL RESOURCES, INC. $145,000 $545,000 275.9% 0.3%
    DIRECTORS MORTGAGE, INC. $525,000 n/a 0.3%
    Stride Bank $515,000 n/a 0.2%
    NexBank $510,000 n/a 0.2%
    Wells Fargo Bank $1,985,000 $510,000 -74.3% 0.2%
    City Bank $250,000 $490,000 96.0% 0.2%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $490,000 n/a 0.2%
    LAKEVIEW LOAN SERVICING, LLC $480,000 n/a 0.2%
    NEW DAY FINANCIAL, LLC $1,350,000 $480,000 -64.4% 0.2%
    UNION HOME MORTGAGE CORP. $500,000 $475,000 -5.0% 0.2%
    Farm Credit Mid-America, ACA $465,000 n/a 0.2%
    MORTGAGE SOLUTIONS OF COLORADO, LLC $455,000 n/a 0.2%
    MOUNTAIN AMERICA $175,000 $440,000 151.4% 0.2%
    Goldwater Bank, N.A. $425,000 n/a 0.2%
    GECU $760,000 $415,000 -45.4% 0.2%
    SECURITYNATIONAL MORTGAGE COMPANY $410,000 n/a 0.2%
    VELOCITY COMMERCIAL CAPITAL, LLC $395,000 n/a 0.2%
    ZILLOW HOME LOANS, LLC $390,000 n/a 0.2%
    Brighton Bank $485,000 $385,000 -20.6% 0.2%
    The Central Trust Bank $385,000 n/a 0.2%
    Commerce Home Mortgage, Inc. $355,000 n/a 0.2%
    GUARANTEED RATE, INC. $490,000 $350,000 -28.6% 0.2%
    CREDIT HUMAN FEDERAL CREDIT UNION $345,000 n/a 0.2%
    Nations Lending Corporation $135,000 $345,000 155.6% 0.2%
    LOANPAL, LLC $610,000 $340,000 -44.3% 0.2%
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $335,000 n/a 0.2%
    Cornerstone First Mortgage, Inc $295,000 n/a 0.1%
    SOUTHWEST FUNDING, LP $285,000 n/a 0.1%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $805,000 $260,000 -67.7% 0.1%
    Citadel Servicing Corporation $255,000 n/a 0.1%
    Quontic Bank $255,000 n/a 0.1%
    SANDIA LABORATORY $65,000 $245,000 276.9% 0.1%
    SERVICE FIRST FEDERAL CREDIT UNION $245,000 n/a 0.1%
    ROYAL UNITED MORTGAGE LLC $45,000 $225,000 400.0% 0.1%
    VAN DYK MORTGAGE CORPORATION $115,000 $225,000 95.7% 0.1%
    Hometown Equity Mortgage, LLC $215,000 n/a 0.1%
    TJC Mortgage, Inc. $205,000 $215,000 4.9% 0.1%
    STAR ONE CREDIT UNION $205,000 n/a 0.1%
    MICHIGAN MUTUAL, INC. $200,000 n/a 0.1%
    American Mortgage & Equity Consultants, Inc. $195,000 n/a 0.1%
    EVERETT FINANCIAL, INC. $195,000 n/a 0.1%
    AMERICAN FINANCING CORPORATION $185,000 n/a 0.1%
    CANVAS CREDIT UNION $185,000 n/a 0.1%
    Coastal Community Bank $35,000 $185,000 428.6% 0.1%
    GUARANTEED RATE AFFINITY, LLC $185,000 n/a 0.1%
    COUNTRYPLACE MORTGAGE, LTD. $180,000 n/a 0.1%
    Pioneer Bank $275,000 $180,000 -34.5% 0.1%
    Barrington Bank & Trust Company, N.A. $175,000 n/a 0.1%
    CLEARPATH LENDING $175,000 n/a 0.1%
    The Loan Store, Inc. $175,000 n/a 0.1%
    Axos Bank $615,000 $165,000 -73.2% 0.1%
    Figure Lending LLC $95,000 $165,000 73.7% 0.1%
    FINANCE OF AMERICA REVERSE LLC $165,000 n/a 0.1%
    Ally Bank $205,000 $155,000 -24.4% 0.1%
    HOMEXPRESS MORTGAGE CORP. $330,000 $155,000 -53.0% 0.1%
    NOVA FINANCIAL & INVESTMENT CORPORATION $185,000 $155,000 -16.2% 0.1%
    Discover Bank $145,000 $150,000 3.4% 0.1%
    SUN AMERICAN MORTGAGE COMPANY $145,000 n/a 0.1%
    BMO Harris Bank $490,000 $135,000 -72.4% 0.1%
    LIMA ONE CAPITAL, LLC $585,000 $135,000 -76.9% 0.1%
    BOKF $265,000 $130,000 -50.9% 0.1%
    EL PASO AREA TEACHERS $125,000 n/a 0.1%
    Paramount Residential Mortgage Group, Inc. $125,000 n/a 0.1%
    Bank of America $1,150,000 $105,000 -90.9% 0.1%
    CHURCHILL MORTGAGE CORPORATION $215,000 $105,000 -51.2% 0.1%
    FirstLight Federal Credit Union $75,000 $85,000 13.3% 0.0%
    RIO GRANDE $65,000 n/a 0.0%

    Alamogordo's top lender by overall market share is MID AMERICA MORTGAGE, INC., with 13.1% market share. In second place, with 7.8%, is Gateway First Bank, having originated $16,220,000 in loans. In third place, with 7.3%, is Mortgage Research Center, LLC, having originated $15,125,000 in loans. In fourth place, with 6.8%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $13,985,000 in loans. In fifth place, with 6.7%, is QUICKEN LOANS, LLC, having originated $13,845,000 in loans.

    Alamogordo Housing Market Trends (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 $178,750 (12.1%) $204,026 (8.3%) 0.00 647
    2018-02-01 $179,500 (12.5%) $205,399 (8.5%) 0.00 637
    2018-03-01 $179,700 (12.4%) $207,852 (6.0%) 0.00 614
    2018-04-01 $183,500 (11.3%) $210,883 (6.2%) 0.00 603
    2018-05-01 $180,600 (9.5%) $211,969 (7.0%) 0.00 590
    2018-06-01 $177,500 (3.3%) $214,429 (1.5%) 0.00 579
    2018-07-01 $178,950 (4.2%) $220,715 (3.2%) 0.00 573
    2018-08-01 $179,700 (5.8%) $224,814 (5.0%) 0.00 570
    2018-09-01 $179,900 (5.8%) $223,874 (4.6%) 0.00 538
    2018-10-01 $179,250 (2.5%) $223,419 (9.1%) 0.00 506
    2018-11-01 $173,574 (-0.5%) $221,456 (10.5%) 0.00 473
    2018-12-01 $174,900 (0.5%) $225,915 (13.6%) 0.00 451
    2019-01-01 $182,475 (2.1%) $231,726 (13.6%) 0.00 426
    2019-02-01 $185,310 (3.2%) $230,295 (12.1%) 0.00 402
    2019-03-01 $190,926 (6.3%) $229,896 (10.6%) 0.00 405
    2019-04-01 $198,750 (8.3%) $230,296 (9.2%) 0.00 423
    2019-05-01 $198,375 (9.8%) $230,282 (8.6%) 0.00 446
    2019-06-01 $194,500 (9.6%) $229,322 (7.0%) 0.00 448
    2019-07-01 $190,000 (6.2%) $228,466 (3.5%) 0.00 448
    2019-08-01 $189,864 (5.7%) $228,176 (1.5%) 0.00 422
    2019-09-01 $189,659 (5.4%) $226,240 (1.1%) 0.00 411
    2019-10-01 $188,725 (5.3%) $221,781 (-0.7%) 0.00 399
    2019-11-01 $178,750 (3.0%) $212,890 (-3.9%) 0.00 389
    2019-12-01 $183,800 (5.1%) $217,780 (-3.6%) 0.00 367
    2020-01-01 $188,150 (3.1%) $219,385 (-5.3%) 0.00 359
    2020-02-01 $198,950 (7.4%) $229,727 (-0.3%) 0.00 353
    2020-03-01 $197,375 (3.4%) $229,001 (-0.4%) 0.00 329
    2020-04-01 $191,900 (-3.5%) $224,013 (-2.7%) 0.00 319
    2020-05-01 $198,500 (0.1%) $231,280 (0.4%) 0.00 281
    2020-06-01 $208,850 (7.4%) $244,059 (6.4%) 0.00 221
    2020-07-01 $216,200 (13.8%) $245,058 (7.3%) 0.00 198
    2020-08-01 $219,900 (15.8%) $257,050 (12.7%) 0.00 172
    2020-09-01 $219,225 (15.6%) $258,885 (14.4%) 0.00 178
    2020-10-01 $220,000 (16.6%) $285,813 (28.9%) 0.00 174
    2020-11-01 $215,625 (20.6%) $277,890 (30.5%) 0.00 163
    2020-12-01 $215,700 (17.4%) $316,831 (45.5%) 0.00 167
    2021-01-01 $204,700 (8.8%) $308,509 (40.6%) 0.00 163
    2021-02-01 $195,750 (-1.6%) $302,232 (31.6%) 0.00 137
    2021-03-01 $187,100 (-5.2%) $309,687 (35.2%) 0.00 121
    2021-04-01 $201,600 (5.1%) $334,121 (49.2%) 0.00 110
    2021-05-01 $229,850 (15.8%) $352,441 (52.4%) 0.00 113
    2021-06-01 $224,850 (7.7%) $338,585 (38.7%) 0.00 142
    2021-07-01 $239,500 (10.8%) $354,667 (44.7%) 0.00 148
    2021-08-01 $222,500 (1.2%) $366,345 (42.5%) 0.00 149
    2021-09-01 $212,750 (-3.0%) $382,076 (47.6%) 0.00 144
    2021-10-01 $239,000 (8.6%) $396,975 (38.9%) 0.00 135
    2021-11-01 $254,200 (17.9%) $377,783 (36.0%) 0.00 131
    2021-12-01 $266,125 (23.4%) $413,920 (30.6%) 0.00 118
    2022-01-01 $262,000 (28.0%) $386,145 (25.2%) 0.00 106
    2022-02-01 $267,375 (36.6%) $371,089 (22.8%) 0.00 87
    2022-03-01 $288,475 (54.2%) $380,333 (22.8%) 0.00 85
    2022-04-01 $269,000 (33.4%) $416,193 (24.6%) 0.00 98
    2022-05-01 $257,225 (11.9%) $390,462 (10.8%) 0.00 119
    2022-06-01 $266,250 (18.4%) $378,214 (11.7%) 0.00 134
    2022-07-01 $270,000 (12.7%) $358,677 (1.1%) 0.00 160
    2022-08-01 $273,450 (22.9%) $365,389 (-0.3%) 0.00 152
    2022-09-01 $286,000 (34.4%) $372,690 (-2.5%) 0.00 130
    2022-10-01 $284,500 (19.0%) $375,021 (-5.5%) 0.00 131
    2022-11-01 $299,500 (17.8%) $394,317 (4.4%) 0.00 133
    2022-12-01 $299,500 (12.5%) $396,434 (-4.2%) 0.00 135
    2023-01-01 $304,750 (16.3%) $400,508 (3.7%) 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%) $373,596 (0.5%) 0.00 195
    2024-06-01 $314,700 (-6.0%) $377,973 (-6.8%) 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
    2024-12-01 $299,250 (0.1%) $376,182 (-4.7%) 0.00 257
    2025-01-01 $304,975 (3.9%) $374,779 (-4.2%) 0.00 251
    2025-02-01 $298,250 (0.9%) $365,507 (-3.9%) 0.00 241
    2025-03-01 $299,000 (-9.3%) $363,093 (-7.7%) 0.00 266
    Alamogordo's median listing price for 2025-03-01 was $299,000, a difference of $-30,720 (-9.3%) versus the prior year and $750 versus the prior month.

    Alamogordo's median listing price comes in at 0% of the national average.

    Alamogordo's average listing price for 2025-03-01 was $363,093, a difference of $-30,185 (-7.7%) versus the prior year and $-2,414 versus the prior month.

    For the 2025-03-01 period, Alamogordo had 266 MLS listings, a difference of 25 listings (10%) versus the prior month and 91 listings (52%) 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 1,755 sqft
    2018-02-01 0 days 1,753 sqft
    2018-03-01 0 days 1,760 sqft
    2018-04-01 0 days 1,784 sqft
    2018-05-01 0 days 1,794 sqft
    2018-06-01 0 days 1,776 sqft
    2018-07-01 0 days 1,796 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 1,813 sqft
    2018-12-01 0 days 1,819 sqft
    2019-01-01 0 days 1,835 sqft
    2019-02-01 0 days 1,841 sqft
    2019-03-01 0 days 1,843 sqft
    2019-04-01 0 days 1,858 sqft
    2019-05-01 0 days 1,854 sqft
    2019-06-01 0 days 1,845 sqft
    2019-07-01 0 days 1,826 sqft
    2019-08-01 0 days 1,821 sqft
    2019-09-01 0 days 1,811 sqft
    2019-10-01 0 days 1,796 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 1,851 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 1,778 sqft
    2021-01-01 0 days 1,775 sqft
    2021-02-01 0 days 1,766 sqft
    2021-03-01 0 days 1,674 sqft
    2021-04-01 0 days 1,774 sqft
    2021-05-01 0 days 1,923 sqft
    2021-06-01 0 days 1,845 sqft
    2021-07-01 0 days 1,816 sqft
    2021-08-01 0 days 1,782 sqft
    2021-09-01 0 days 1,732 sqft
    2021-10-01 0 days 1,859 sqft
    2021-11-01 0 days 1,792 sqft
    2021-12-01 0 days 1,888 sqft
    2022-01-01 0 days 1,801 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 1,870 sqft
    2024-06-01 0 days 1,848 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
    2024-12-01 0 days 1,829 sqft
    2025-01-01 0 days 1,887 sqft
    2025-02-01 0 days 1,830 sqft
    2025-03-01 0 days 1,847 sqft
    Alamogordo's median listing age (time on market) for 2025-03-01 was 0 days.

    Alamogordo's median square footage for active listings during the 2025-03-01 period was 1,847 sqft. One year prior, the average listing was 1,921 sqft.

    Alamogordo, NM Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 753 $158,715,000 $210,777
    Cash Out Refi 129 $22,455,000 $174,070
    Refi 90 $19,650,000 $218,333
    Other 42 $3,980,000 $94,762
    Home Improvement 17 $1,995,000 $117,353

    Alamogordo's most frequently cited loan purpose was Home Purchase, with 753 originations. The 2nd most popular reason was Cash Out Refi, with 129 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 436 $99,190,000 $227,500
    5-6% 195 $48,815,000 $250,333
    7-8% 176 $33,350,000 $189,489
    Over 8% 168 $17,150,000 $102,083
    <2.5% 28 $2,210,000 $78,929
    4-5% 7 $1,745,000 $249,286
    3-4% 5 $1,615,000 $323,000
    2.5-3% 5 $1,385,000 $277,000

    During 2024, Alamogordo's most frequently originated rate bucket was 6-7%, with 436 originations.

    Loan Sizing (Alamogordo, NM MSA)

    Loan Size Originations Total Value Average Loan
    $200k-400k 437 $121,765,000 $278,638
    $100k-200k 353 $53,875,000 $152,620
    $100,000 or less 196 $9,690,000 $49,439
    $400k-600k 42 $19,540,000 $465,238
    $600k-1000k 3 $1,925,000 $641,667

    Alamogordo's loan sizing saw the bucket of loans from $200k-400k with 437 originations, totaling $121,765,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 545 $125,745,000 $230,725
    60-80% 168 $32,260,000 $192,024
    Over 100% 93 $25,485,000 $274,032
    Under 20% 82 $1,270,000 $15,488
    40-60% 61 $9,565,000 $156,803
    20-40% 37 $3,375,000 $91,216

    Alamogordo's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 545 originations, totaling $125,745,000 in origination value.