ZIP 88349

ZIP 88349 is in the Alamogordo, NM market. Market numbers below; the ZIP's rank is on the map.

Median cap rate

: 4.2%.

Median IRR

: 5.7%.

Median list price

: $299,950.

Appreciation

: 3.4%/yr .

Rent growth

: 3.1%/yr .

Sources: FHFA House Price Index® (developmental annual index), U.S. Census Bureau ACS 5-year estimates, and Rescover analysis of public listings under system-default underwriting, updated October 2026.