U.S. ZIP Code · NM88310
Otero County
Appreciation
- 1-year
- -3.3%
- 5-year / yr
- +7.3%
- 10-year / yr
- +6.0%
Relative price
- vs U.S.
- -22.3%
- vs metro
- —
- vs state
- -21.1%
Price history
Zillow Home Value Index — monthly, smoothed and seasonally adjusted.
The typical home in 88310 is worth $220,665. Over the past year, values have fallen 3.3%. Homes here rent for a typical $1,496 a month — a 8.1% gross rental yield. The effective property tax rate is 0.6%.
#Rent & investment
Typical asking rent, and the returns it implies at the current home value.
#Property tax
Effective rate — total real estate taxes paid relative to total home value.
#Climate risk
FEMA National Risk Index ratings for Otero County. "Not Applicable" means the hazard does not threaten the county.
- Overall risk
- Relatively Moderate[4]
- Riverine flood
- Relatively Moderate
- Coastal flood
- Not Applicable
- Wildfire
- Relatively High
- Drought
- Relatively Moderate
- Heat wave
- Relatively Low
- Hurricane
- Very Low
- Tornado
- Very Low
- Earthquake
- Very Low
- Winter weather
- Relatively High
#Who lives here
#Migration
Household moves in and out of Otero County over a year, from IRS tax-return data.
- Net migration
- +219[5]
- Moved in
- 2,614
- Moved out
- 2,395
Schools
Open public schools in this ZIP, from the NCES Common Core of Data.
- Public schools
- 12
- Elementary
- 6
- Middle
- 2
- High
- 2
ALAMOGORDO HIGH
High · Grades 9–12 · ALAMOGORDO
1,527 students
CHAPARRAL MIDDLE
Middle · Grades 6–8 · ALAMOGORDO
565 students
MOUNTAIN VIEW MIDDLE
Middle · Grades 6–8 · ALAMOGORDO
482 students
DESERT STAR ELEMENTARY
Elementary · Grades K–5 · ALAMOGORDO
463 students
SUNSET HILLS ELEMENTARY
Elementary · Grades K–5 · ALAMOGORDO
448 students
Run the numbers
Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.
Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.
Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.
Owning is meaningfully cheaper month-to-month.
This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.
#Metro ranking
Where this ZIP sits among others in its metro area.
Rankings
Top-10 lists this ZIP code appears on.
Frequently asked
- How much is a home worth in ZIP code 88310?
- The typical home in 88310 is worth $220,665, based on the Zillow Home Value Index.
- Are home values rising in 88310?
- Home values in 88310 are down 3.3% over the past year, and up 7.3% a year over five years.
- What is the typical rent in 88310?
- A typical home in 88310 rents for about $1,496 a month, a gross rental yield of 8.1%.
- What is the property tax rate in 88310?
- The effective property tax rate in 88310 is 0.6% — roughly $1,397 a year on a typical home.
- Who lives in 88310?
- ZIP code 88310 has a population of 36,983 and a median household income of $57,214.
Compare ZIPs
Pit ZIP 88310 against any other ZIP — full side-by-side table.
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