Alamogordo Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Alamogordo averaged 7.11% for the week of 2023-11-30, compared to the national average of 7.22% for the same period.

The average rate for the prior week (2023-11-22) was 7.38% and one month ago for the week of 2023-10-26, the average rate was 7.58%.

Alamogordo's average rate one year ago was 6.37%.

For refis of the same type during the week of 2023-11-30, the average rate was 7.12%.

Loan Type Date Rate
US 30 Year Fixed Rate 2023-11-30 7.22%
Alamogordo 30 Year Fixed Rate 2023-11-30 7.11%
Alamogordo 30 Year Fixed Rate Refi 2023-11-30 7.12%
Alamogordo 15 Year Fixed Rate 2023-11-30 6.56%
Alamogordo 15 Year Fixed Rate Refi 2023-11-30 6.76%
Alamogordo 30 Year FHA 2023-11-30 6.73%
Alamogordo 30 Year FHA Refi 2023-11-30 7.05%
Alamogordo 30 Year USDA 2023-11-30 6.9%
Alamogordo 30 Year USDA Refi 2023-11-30 6.9%
Alamogordo 30 Year VA 2023-11-30 6.24%
Alamogordo 30 Year VA Refi 2023-11-30 6.57%
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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
Gateway First Bank 39 5.14% $5,165
QUICKEN LOANS, LLC 33 5.28% $6,287
MID AMERICA MORTGAGE, INC. 28 5.29% $5,928
Wells Fargo Bank 24 4.85% $4,742
HOMEOWNERS FINANCIAL GROUP USA, LLC 20 5.42% $4,686
City Bank 12 4.79% $6,530
AMERISAVE MORTGAGE CORPORATION 7 4.57% $6,862
First American Bank 7 4.64% $3,444
LOANDEPOT.COM, LLC 6 4.33% $6,400
UNITED WHOLESALE MORTGAGE, LLC 6 4.66% $5,120
MANN FINANCIAL INC. 5 6.55% $7,438
Citizens Bank of Las Cruces 5 5.20% $4,647
BROKER SOLUTIONS, INC. 5 5.85% $5,730
GUILD MORTGAGE COMPANY 4 4.56% $5,512
Armed Forces Bank 4 6.19% $5,260
NBKC BANK 4 5.41% $4,441
Bank of America 4 5.22% $2,835
Mortgage Research Center, LLC 4 5.94% $7,868
CARDINAL FINANCIAL 4 3.09% $9,184
Mr. Cooper ( Nationstar Mortgage ) 3 4.67% $8,291
BETTER MORTGAGE CORPORATION 3 4.46% $3,145
Waterstone Mortgage Corporation 3 5.96% $6,642
CMG MORTGAGE, INC. 3 4.58% $5,538
21ST MORTGAGE CORPORATION 3 6.77% $6,187
PRIMARY RESIDENTIAL MORTGAGE, INC. 3 4.71% $6,068
GUARANTEED RATE, INC. 3 4.75% $4,841
HOMESIDE FINANCIAL, LLC 2 5.18% $5,382
AMERICAN FINANCING CORPORATION 2 4.75% $6,301
ARK-LA-TEX FINANCIAL SERVICES, LLC. 2 6.12% $3,420
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 6.49% $5,107
FREEDOM MORTGAGE CORPORATION 2 5.56% $7,116
GECU 2 6.00% $3,051
JPMorgan Chase Bank 2 6.06% $4,240
KELLER MORTGAGE, LLC 2 3.31% $1,594
LAKEVIEW LOAN SERVICING, LLC 2 6.63% $5,312
LOANPAL, LLC 2 3.62% $3,649
NAVY FEDERAL CREDIT UNION 2 6.50% $4,887
NEWREZ LLC 2 3.68% $3,910
PENNYMAC LOAN SERVICES, LLC 2 5.44% $7,965
PNC Bank 2 6.50% $3,267
PRIMELENDING, A PLAINSCAPITAL COMPANY 2 5.06% $5,267
TEXAS TECH 2 5.00% $6,270
USAA Federal Savings Bank 2 5.69% $4,770
U.S. Bank 2 4.50% $2,757
Washington Federal Bank 2 4.63% $3,842
KeyBank 1 2.63% $5,811
The Central Trust Bank 1 4.50% $1,789
City National Bank 1 2.62% $3,848
Truist 1 5.13% $4,937
Loan Simple, Inc. 1 5.50% $5,365
Citizens Bank 1 6.13% $5,634
Merchants Bank 1 3.90% $3,890
CERTAINTY HOME LOANS, LLC 1 3.88% $5,755
CALIBER HOME LOANS, INC. 1 4.30% $9,767
MOUNTAIN AMERICA 1 5.63% $4,300
CALCON MUTUAL MORTGAGE LLC 1 4.13% $4,190
MUTUAL OF OMAHA MORTGAGE, INC. 1 3.25% $2,217
UNION HOME MORTGAGE CORP. 1 7.13% $8,122
NBH Bank 1 4.00% $6,770
BancorpSouth 1 3.88% $4,119
Ally Bank 1 4.75% $3,420
NexBank 1 3.38% $2,739
NOVA FINANCIAL & INVESTMENT CORPORATION 1 4.13% $12,036
Paramount Residential Mortgage Group, Inc. 1 4.75% $9,825
ACADEMY MORTGAGE CORPORATION 1 4.88% $3,079
PENTAGON FEDERAL CREDIT UNION 1 7.63% $1,461
PLANET HOME LENDING, LLC 1 4.63% $5,586
Alliance Credit Union 1 5.38% $5,469
ANGEL OAK MORTGAGE SOLUTIONS LLC 1 4.88% $11,990
Financial Funding Solutions, Inc. 1 4.99% $11,121
FARMERS INSURANCE GROUP FEDERAL CREDIT UNION 1 5.25% $4,044
Flagstar Bank, FSB 1 3.90% $3,584
Flanagan State Bank 1 3.75% $3,503
V.I.P. MORTGAGE, INC. 1 6.12% $4,912
Extraco Banks 1 6.50% $5,600
Amerifirst Financial, Inc. 1 3.63% $5,658
GENEVA FINANCIAL, LLC 1 7.50% $6,348
Goldwater Bank, N.A. 1 4.00% $4,869
EVERETT FINANCIAL, INC. 1 4.13% $2,012
DELMAR FINANCIAL COMPANY 1 5.63% $2,707
CROSSCOUNTRY MORTGAGE, LLC 1 5.75% $6,191
CORNERSTONE HOME LENDING, INC. 1 3.75% $2,996
SUN AMERICAN MORTGAGE COMPANY 1 6.13% $8,179
Wallick & Volk, Inc. 1 4.13% $4,985

Alamogordo Average Closing Costs & Other Stats

Alamogordo, NM's 84 lenders originated 1,220 loans during 2022. The total origination value was $232,000,000, with an average loan value of $190,164.

Alamogordo's average closing costs are $5,020.

The top Alamogordo lender as defined by loan originations is Gateway First Bank, with 39 loans originated. Their average total fees are $5,165, which is $1,122 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Alamogordo lenders (with over 10 loans originated) are HOMEOWNERS FINANCIAL GROUP USA, LLC ($4,686), Wells Fargo Bank ($4,742), Gateway First Bank ($5,165), MID AMERICA MORTGAGE, INC. ($5,928) and QUICKEN LOANS, LLC ($6,287).

The lowest rate Alamogordo lenders (with over 10 loans originated) are City Bank (4.79%), Wells Fargo Bank (4.85%), Gateway First Bank (5.14%), QUICKEN LOANS, LLC (5.28%) and MID AMERICA MORTGAGE, INC. (5.29%).

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 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
MID AMERICA MORTGAGE, INC. $36,240,000 $28,605,000 -21.1% 12.3%
Gateway First Bank $34,730,000 $23,165,000 -33.3% 10.0%
Mortgage Research Center, LLC $18,000,000 $19,310,000 7.3% 8.3%
HOMEOWNERS FINANCIAL GROUP USA, LLC $12,915,000 n/a 5.6%
QUICKEN LOANS, LLC $31,480,000 $12,670,000 -59.8% 5.5%
NAVY FEDERAL CREDIT UNION $11,835,000 $7,565,000 -36.1% 3.3%
NBKC BANK $5,610,000 $7,540,000 34.4% 3.3%
PLANET HOME LENDING, LLC $1,830,000 $7,145,000 290.4% 3.1%
Wells Fargo Bank $7,430,000 $6,395,000 -13.9% 2.8%
CMG MORTGAGE, INC. $7,465,000 $6,380,000 -14.5% 2.8%
USAA Federal Savings Bank $11,140,000 $5,980,000 -46.3% 2.6%
21ST MORTGAGE CORPORATION $2,755,000 $4,380,000 59.0% 1.9%
UNITED WHOLESALE MORTGAGE, LLC $4,360,000 $3,990,000 -8.5% 1.7%
PENNYMAC LOAN SERVICES, LLC $8,865,000 $3,825,000 -56.9% 1.6%
LOANDEPOT.COM, LLC $4,885,000 $3,815,000 -21.9% 1.6%
AMERISAVE MORTGAGE CORPORATION $4,065,000 $3,625,000 -10.8% 1.6%
City Bank $4,090,000 $3,235,000 -20.9% 1.4%
BROKER SOLUTIONS, INC. $4,195,000 $2,690,000 -35.9% 1.2%
MANN FINANCIAL INC. $1,830,000 $2,650,000 44.8% 1.1%
Armed Forces Bank $115,000 $2,515,000 2,087.0% 1.1%
Washington Federal Bank $580,000 $2,450,000 322.4% 1.1%
VANDERBILT MORTGAGE AND FINANCE, INC. $620,000 $2,205,000 255.6% 1.0%
GUARANTEED RATE, INC. $23,215,000 $2,040,000 -91.2% 0.9%
Mr. Cooper ( Nationstar Mortgage ) $1,215,000 $1,925,000 58.4% 0.8%
FREEDOM MORTGAGE CORPORATION $15,365,000 $1,910,000 -87.6% 0.8%
LOANPAL, LLC $2,920,000 $1,845,000 -36.8% 0.8%
First American Bank $3,595,000 $1,745,000 -51.5% 0.8%
First Savings Bank $105,000 $1,585,000 1,409.5% 0.7%
Citizens Bank of Las Cruces $1,685,000 $1,580,000 -6.2% 0.7%
Waterstone Mortgage Corporation $1,620,000 $1,580,000 -2.5% 0.7%
PENTAGON FEDERAL CREDIT UNION $1,220,000 $1,410,000 15.6% 0.6%
GUILD MORTGAGE COMPANY $135,000 $1,390,000 929.6% 0.6%
Bank of America $515,000 $1,380,000 168.0% 0.6%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $1,095,000 $1,275,000 16.4% 0.5%
PRIMARY RESIDENTIAL MORTGAGE, INC. $1,410,000 $1,055,000 -25.2% 0.5%
JPMorgan Chase Bank $1,225,000 $1,015,000 -17.1% 0.4%
PRIMELENDING, A PLAINSCAPITAL COMPANY $1,770,000 $910,000 -48.6% 0.4%
PNC Bank $480,000 $890,000 85.4% 0.4%
GECU $805,000 n/a 0.3%
TEXAS TECH $790,000 n/a 0.3%
NEW DAY FINANCIAL, LLC $2,520,000 $735,000 -70.8% 0.3%
VILLAGE CAPITAL MORTGAGE $3,325,000 $735,000 -77.9% 0.3%
LAKEVIEW LOAN SERVICING, LLC $2,445,000 $730,000 -70.1% 0.3%
Flagstar Bank, FSB $705,000 $715,000 1.4% 0.3%
Sunflower Bank $1,430,000 $685,000 -52.1% 0.3%
CHURCHILL MORTGAGE CORPORATION $680,000 $660,000 -2.9% 0.3%
BETTER MORTGAGE CORPORATION $1,190,000 $655,000 -45.0% 0.3%
U.S. Bank $1,030,000 $650,000 -36.9% 0.3%
CHERRY CREEK MORTGAGE, LLC $640,000 n/a 0.3%
DAS Acquisition Company, LLC $3,110,000 $640,000 -79.4% 0.3%
Bank of Colorado $615,000 n/a 0.3%
AMERICAN FINANCING CORPORATION $490,000 $610,000 24.5% 0.3%
Paramount Residential Mortgage Group, Inc. $165,000 $610,000 269.7% 0.3%
BancorpSouth Bank $590,000 n/a 0.3%
AMCAP MORTGAGE, LTD. $780,000 $580,000 -25.6% 0.3%
Stifel Bank and Trust $430,000 $565,000 31.4% 0.2%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $650,000 $555,000 -14.6% 0.2%
CROSSCOUNTRY MORTGAGE, LLC $595,000 $545,000 -8.4% 0.2%
ACADEMY MORTGAGE CORPORATION $95,000 $540,000 468.4% 0.2%
KELLER MORTGAGE, LLC $300,000 $540,000 80.0% 0.2%
First United Bank and Trust Company $515,000 n/a 0.2%
Barrington Bank & Trust Company, N.A. $1,570,000 $490,000 -68.8% 0.2%
Commerce Home Mortgage, Inc. $115,000 $470,000 308.7% 0.2%
LEGACY MORTGAGE LLC $470,000 n/a 0.2%
Chicago Mortgage Solutions LLC $435,000 n/a 0.2%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $285,000 $430,000 50.9% 0.2%
IMPAC MORTGAGE CORP. $410,000 n/a 0.2%
Secured Investment Corp. $410,000 n/a 0.2%
Magnolia Bank $490,000 $400,000 -18.4% 0.2%
Financial Funding Solutions, Inc. $395,000 n/a 0.2%
GENEVA FINANCIAL, LLC $395,000 n/a 0.2%
Figure Lending LLC $135,000 $390,000 188.9% 0.2%
Truist $165,000 $370,000 124.2% 0.2%
MUTUAL OF OMAHA MORTGAGE, INC. $850,000 $360,000 -57.6% 0.2%
North American Savings Bank, F.S.B. $2,365,000 $355,000 -85.0% 0.2%
V.I.P. MORTGAGE, INC. $350,000 n/a 0.2%
AMERICAN INTERNET MORTGAGE, INC. $480,000 $345,000 -28.1% 0.1%
KeyBank $345,000 n/a 0.1%
SUN AMERICAN MORTGAGE COMPANY $345,000 n/a 0.1%
The Central Trust Bank $205,000 $335,000 63.4% 0.1%
EVERETT FINANCIAL, INC. $245,000 $330,000 34.7% 0.1%
First Western Trust Bank $225,000 $330,000 46.7% 0.1%
CALCON MUTUAL MORTGAGE LLC $325,000 n/a 0.1%
AMERICAN ADVISORS GROUP $390,000 $320,000 -17.9% 0.1%
FLAT BRANCH MORTGAGE, INC. $315,000 n/a 0.1%
MORTGAGE SOLUTIONS OF COLORADO, LLC $245,000 $315,000 28.6% 0.1%
NEWREZ LLC $1,285,000 $310,000 -75.9% 0.1%
FIRST COMMUNITY MORTGAGE, INC. $500,000 $295,000 -41.0% 0.1%
Flanagan State Bank $285,000 n/a 0.1%
MOVEMENT MORTGAGE, LLC $960,000 $285,000 -70.3% 0.1%
UNION HOME MORTGAGE CORP. $535,000 $285,000 -46.7% 0.1%
BOKF $385,000 $275,000 -28.6% 0.1%
First National Bank $275,000 n/a 0.1%
Nations Lending Corporation $275,000 n/a 0.1%
NOVA FINANCIAL & INVESTMENT CORPORATION $1,065,000 $275,000 -74.2% 0.1%
AMERICAN PACIFIC MORTGAGE CORPORATION $275,000 $265,000 -3.6% 0.1%
ANGEL OAK MORTGAGE SOLUTIONS LLC $265,000 n/a 0.1%
HOMESIDE FINANCIAL, LLC $280,000 $260,000 -7.1% 0.1%
City National Bank $255,000 n/a 0.1%
NBH Bank $95,000 $255,000 168.4% 0.1%
FARMERS INSURANCE GROUP FEDERAL CREDIT UNION $250,000 n/a 0.1%
Ally Bank $795,000 $245,000 -69.2% 0.1%
BNC National Bank $305,000 $235,000 -23.0% 0.1%
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $225,000 n/a 0.1%
SOUTHWEST STAGE FUNDING, LLC $185,000 $225,000 21.6% 0.1%
AMWEST FUNDING CORP. $215,000 n/a 0.1%
HOMESTEAD FUNDING CORP. $215,000 n/a 0.1%
The Federal Savings Bank $560,000 $215,000 -61.6% 0.1%
Amerifirst Financial, Inc. $205,000 n/a 0.1%
CALIBER HOME LOANS, INC. $1,920,000 $205,000 -89.3% 0.1%
CERTAINTY HOME LOANS, LLC $205,000 n/a 0.1%
Goldwater Bank, N.A. $105,000 $205,000 95.2% 0.1%
Merchants Bank $205,000 n/a 0.1%
Pioneer Bank $345,000 $205,000 -40.6% 0.1%
Loan Simple, Inc. $645,000 $195,000 -69.8% 0.1%
Wallick & Volk, Inc. $190,000 n/a 0.1%
Equity Prime Mortgage LLC $185,000 n/a 0.1%
INTERCAP LENDING INC. $270,000 $185,000 -31.5% 0.1%
LENDINGONE, LLC $185,000 n/a 0.1%
Old National Bank $185,000 n/a 0.1%
Wyndham Capital Mortgage, Inc. $1,570,000 $185,000 -88.2% 0.1%
Carrington Mortgage Services, LLC $1,250,000 $180,000 -85.6% 0.1%
Alliance Credit Union $175,000 n/a 0.1%
NUSENDA $150,000 $160,000 6.7% 0.1%
Extraco Banks $155,000 n/a 0.1%
LONGBRIDGE FINANCIAL, LLC $155,000 n/a 0.1%
SUN WEST MORTGAGE COMPANY, INC. $1,230,000 $155,000 -87.4% 0.1%
CLEARPATH LENDING $1,895,000 $145,000 -92.3% 0.1%
ZILLOW HOME LOANS, LLC $145,000 n/a 0.1%
Citizens Bank $135,000 n/a 0.1%
Western Commerce Bank $135,000 n/a 0.1%
CREDIT HUMAN FEDERAL CREDIT UNION $125,000 n/a 0.1%
MOUNTAIN AMERICA $110,000 n/a 0.0%
LIMA ONE CAPITAL, LLC $115,000 $105,000 -8.7% 0.0%
CORNERSTONE HOME LENDING, INC. $155,000 $95,000 -38.7% 0.0%
FirstLight Federal Credit Union $215,000 $95,000 -55.8% 0.0%
Discover Bank $55,000 $90,000 63.6% 0.0%
DELMAR FINANCIAL COMPANY $85,000 n/a 0.0%
First New Mexico Bank, Las Cruces $90,000 $85,000 -5.6% 0.0%
ROYAL UNITED MORTGAGE LLC $150,000 $85,000 -43.3% 0.0%
Security State Bank & Trust $75,000 n/a 0.0%
Service Federal Credit Union $75,000 n/a 0.0%
Kirtland Federal Credit Union $15,000 $45,000 200.0% 0.0%
NexBank $45,000 n/a 0.0%
HIWAY $25,000 n/a 0.0%

Alamogordo's top lender by overall market share is MID AMERICA MORTGAGE, INC., with 12.3% market share. In second place, with 10.0%, is Gateway First Bank, having originated $23,165,000 in loans. In third place, with 8.3%, is Mortgage Research Center, LLC, having originated $19,310,000 in loans. In fourth place, with 5.6%, is HOMEOWNERS FINANCIAL GROUP USA, LLC, having originated $12,915,000 in loans. In fifth place, with 5.5%, is QUICKEN LOANS, LLC, having originated $12,670,000 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 $179,250 (12.3%) $205,228 (8.3%) 0.00 647
2018-02-01 $179,500 (12.3%) $206,627 (8.1%) 0.00 637
2018-03-01 $179,900 (12.5%) $209,347 (5.9%) 0.00 613
2018-04-01 $184,350 (11.8%) $212,412 (6.1%) 0.00 602
2018-05-01 $181,250 (9.6%) $213,512 (7.0%) 0.00 589
2018-06-01 $179,000 (4.2%) $216,327 (6.4%) 0.00 579
2018-07-01 $182,000 (5.2%) $222,872 (8.1%) 0.00 573
2018-08-01 $180,700 (6.4%) $226,969 (10.0%) 0.00 570
2018-09-01 $180,000 (5.4%) $225,336 (9.5%) 0.00 537
2018-10-01 $179,350 (2.5%) $224,389 (9.0%) 0.00 503
2018-11-01 $173,975 (-0.4%) $223,035 (10.7%) 0.00 471
2018-12-01 $175,000 (0.4%) $227,590 (13.8%) 0.00 452
2019-01-01 $182,500 (1.8%) $232,348 (13.2%) 0.00 427
2019-02-01 $185,660 (3.4%) $230,894 (11.7%) 0.00 403
2019-03-01 $191,363 (6.4%) $230,486 (10.1%) 0.00 406
2019-04-01 $199,000 (8.0%) $230,859 (8.7%) 0.00 424
2019-05-01 $198,375 (9.5%) $230,317 (7.9%) 0.00 446
2019-06-01 $194,500 (8.7%) $229,862 (6.3%) 0.00 449
2019-07-01 $190,000 (4.4%) $229,007 (2.8%) 0.00 449
2019-08-01 $189,918 (5.1%) $234,614 (3.4%) 0.00 424
2019-09-01 $189,795 (5.4%) $241,502 (7.2%) 0.00 413
2019-10-01 $188,850 (5.3%) $232,386 (3.6%) 0.00 400
2019-11-01 $179,700 (3.3%) $212,890 (-4.6%) 0.00 389
2019-12-01 $183,800 (5.0%) $217,780 (-4.3%) 0.00 367
2020-01-01 $188,150 (3.1%) $219,385 (-5.6%) 0.00 359
2020-02-01 $198,950 (7.2%) $229,727 (-0.5%) 0.00 353
2020-03-01 $197,375 (3.1%) $229,001 (-0.6%) 0.00 329
2020-04-01 $191,900 (-3.6%) $224,013 (-3.0%) 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 (6.2%) 0.00 221
2020-07-01 $216,200 (13.8%) $245,058 (7.0%) 0.00 198
2020-08-01 $219,900 (15.8%) $257,050 (9.6%) 0.00 172
2020-09-01 $219,225 (15.5%) $258,885 (7.2%) 0.00 178
2020-10-01 $220,000 (16.5%) $285,813 (23.0%) 0.00 174
2020-11-01 $215,625 (20.0%) $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 $299,600 (17.9%) $396,745 (5.0%) 0.00 132
2022-12-01 $302,250 (13.6%) $398,763 (-3.7%) 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 $296,975 (15.5%) $371,299 (-4.9%) 0.00 135
2023-06-01 $333,250 (25.2%) $404,313 (6.9%) 0.00 136
2023-07-01 $319,350 (18.3%) $386,472 (7.8%) 0.00 147
2023-08-01 $335,000 (22.5%) $401,783 (10.0%) 0.00 141
2023-09-01 $319,500 (11.7%) $392,818 (5.4%) 0.00 152
2023-10-01 $315,000 (10.7%) $392,120 (4.6%) 0.00 166
2023-11-01 $299,600 (0.0%) $388,351 (-2.1%) 0.00 173
Alamogordo's median listing price for 2023-11-01 was $299,600, a difference of $0 (0.0%) versus the prior year and $-15,400 versus the prior month.

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

Alamogordo's average listing price for 2023-11-01 was $388,351, a difference of $-8,394 (-2.1%) versus the prior year and $-3,769 versus the prior month.

For the 2023-11-01 period, Alamogordo had 173 MLS listings, a difference of 7 listings (4%) versus the prior month and 41 listings (31%) 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 1,758 sqft
2018-02-01 0 days 1,756 sqft
2018-03-01 0 days 1,762 sqft
2018-04-01 0 days 1,785 sqft
2018-05-01 0 days 1,796 sqft
2018-06-01 0 days 1,776 sqft
2018-07-01 0 days 1,798 sqft
2018-08-01 0 days 1,813 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 1,835 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 1,818 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 1,778 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 1,861 sqft
2023-06-01 0 days 1,950 sqft
2023-07-01 0 days 1,940 sqft
2023-08-01 0 days 1,965 sqft
2023-09-01 0 days 1,932 sqft
2023-10-01 0 days 1,915 sqft
2023-11-01 0 days 1,900 sqft
Alamogordo's median listing age (time on market) for 2023-11-01 was 0 days.

Alamogordo's median square footage for active listings during the 2023-11-01 period was 1,900 sqft. One year prior, the average listing was 2,005 sqft.

Alamogordo, NM Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 882 $178,090,000 $201,916
Cash Out Refi 197 $33,275,000 $168,909
Refi 100 $16,980,000 $169,800
Other 21 $1,895,000 $90,238
Home Improvement 19 $1,685,000 $88,684
NA 1 $75,000 $75,000

Alamogordo's most frequently cited loan purpose was Home Purchase, with 882 originations. The 2nd most popular reason was Cash Out Refi, with 197 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
5-6% 307 $60,315,000 $196,466
4-5% 272 $58,720,000 $215,882
3-4% 243 $50,165,000 $206,440
6-7% 180 $30,980,000 $172,111
2.5-3% 65 $13,705,000 $210,846
7-8% 57 $7,655,000 $134,298
Over 8% 51 $4,145,000 $81,275
<2.5% 23 $4,315,000 $187,609

During 2022, Alamogordo's most frequently originated rate bucket was 5-6%, with 307 originations.

Loan Sizing (Alamogordo, NM MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 513 $76,755,000 $149,620
$200k-400k 441 $120,495,000 $273,231
$100,000 or less 226 $13,910,000 $61,549
$400k-600k 33 $15,575,000 $471,970
$600k-1000k 6 $3,710,000 $618,333
$Over $1MM 1 $1,555,000 $1,555,000

Alamogordo's loan sizing saw the bucket of loans from $100k-200k with 513 originations, totaling $76,755,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 663 $138,895,000 $209,495
60-80% 258 $44,190,000 $171,279
Over 100% 114 $30,380,000 $266,491
40-60% 77 $11,115,000 $144,351
Under 20% 45 $505,000 $11,222
20-40% 38 $4,010,000 $105,526

Alamogordo's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 663 originations, totaling $138,895,000 in origination value.