ZIP Code 88310 — Alamogordo, NM Home Prices (2026)
The typical home in ZIP 88310 (Alamogordo, New Mexico) is worth about $220,000 at roughly $163 per square foot — about the same as the Alamogordo median and 25% more affordable than the typical U.S. home.
How 88310 compares
ZIP 88310 is a mid-priced ZIP code for Alamogordo: its typical home value of $220,000 ranks #2 of the 3 Alamogordo ZIP codes we track (the citywide range runs from $203,000 in 88311 to $343,000 in 88325). Per square foot it costs about $163, against $163 for Alamogordo as a whole, $208 for New Mexico, and $195 nationally.
| Area | Typical value | $ / sq ft |
|---|---|---|
| ZIP 88310 | $220,000 | $163 |
| Alamogordo, NM | $220,000 | $163 |
| New Mexico | $323,500 | $208 |
| United States | $294,000 | $195 |
Home value by size in 88310
Using this ZIP’s rate of about $163 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.
| Home size | Estimated value |
|---|---|
| 1,000 sq ft | $163,000 |
| 1,500 sq ft | $244,500 |
| 2,000 sq ft | $326,000 |
| 2,500 sq ft | $407,500 |
| 3,000 sq ft | $489,000 |
Salary needed to buy a home in ZIP 88310
To buy the typical $220,000 home in ZIP 88310 with 20% down, you need a household income of roughly $60,000 a year (about $1,400 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $71,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $11,000 | $1,740/mo | $74,000/yr |
| 10% (+PMI) | $22,000 | $1,660/mo | $71,000/yr |
| 20% | $44,000 | $1,400/mo | $60,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in ZIP 88310
At about $163 per square foot, here is roughly how much home different budgets get you in ZIP 88310:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $150k | 920 sq ft | below the local median — condos, smaller or older homes |
| $200k | 1230 sq ft | around the typical home here |
| $250k | 1530 sq ft | around the typical home here |
| $300k | 1840 sq ft | above the median — larger homes or the pricier ZIPs |
| $400k | 2450 sq ft | above the median — larger homes or the pricier ZIPs |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens pre-filled with a typical 88310 home.
Estimate a specific home in 88310
The estimator below is pre-set to ZIP 88310 — pick your home’s size for an instant ballpark, then open the full calculator to adjust beds, baths, and condition.
All Alamogordo ZIP codes by home value
Where 88310 sits among Alamogordo’s 3 ZIP codes:
ZIP 88310 home prices: frequently asked
What is the average home price in ZIP code 88310? +
What is the price per square foot in 88310? +
What salary do you need to buy a house in ZIP 88310? +
Is 88310 an expensive ZIP code? +
See the full Alamogordo home values page, all New Mexico cities, or price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. A single ZIP contains very different homes; actual values vary and change over time.