Cloudcroft, NM 88317 housing market
Data through Aug 2026 · Balanced market · leverage 93
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Home Value
$304,025
−2.2% vs. a year ago
Buyer Leverage Score
93
Sep 2026
Months of Supply
8.0 months
Aug 2026
Days on Market
105 days
Sep 2026
Price Cut %
23%
Sep 2026
Sale-to-List Ratio
93.4%
Nov 2025
Mtg Payment as % of Income
16%
Aug 2026
Overvalued %
-29%
Aug 2026
Expected Disaster Loss
$800
Dec 2025
What this means
- Valuation. Prices are 29% below this area's pre-2020 price-to-income norm, cheaper relative to incomes than before the pandemic.
- Prices. Home values are down 2.2% over the past year (U.S.: +1.2%).
- Supply. Listings are 28% below the 2017-19 norm: still a tight market.
- Negotiating. Buyer leverage is high (93/100; U.S.: 54): homes sell for about 6.6% below their final list price (as of Nov 2025); 23% of listings had a price cut (U.S.: 26%).
- Affordability. A mortgage on the typical home takes 16% of the median household income (U.S.: 35%); it takes about $71k a year to keep the payment at 30% of gross pay. That includes about $1,357 a year for home insurance (U.S.: $1,790).
- Disaster risk. FEMA expects about $800 a year in natural-disaster damage per $100k of building value (U.S.: $155), mostly from wildfire. Check insurance costs before buying.
- Outlook. No clear direction: likely −7% to +9% over the next 12 months (65% chance of a rise).
Next 12 months
No clear direction
A rise is somewhat more likely than a fall, but not by enough to call. Likely change: −7.1% to +9.2% (80% range; middle estimate +2.2%), chance of a rise 65%, of a 5%+ drop 14%.
HouseVane's model, refit every month on local market signals and national ones, trained only on data known at the time. How accurate it has been.
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Other ZIP codes in Otero County, NM
| Area | Home value | 1-year change | Buyer leverage |
|---|---|---|---|
| Alamogordo, NM 88310 | $221.2K | −3.1% | 31 |
| Chaparral, NM 88081 | $228.5K | −2.0% | 33 |
| ZIP 88330 | – | – | – |
| Tularosa, NM 88352 | $189.5K | −3.4% | 69 |
| ZIP 88340 | – | – | – |
| La Luz, NM 88337 | $272.9K | +1.9% | 67 |
| Alamogordo, NM 88325 | $339.6K | −2.9% | 100 |
| Alamogordo, NM 88311 | – | – | 50 |
| Timberon, NM 88350 | – | – | 95 |
| Sacramento, NM 88347 | $218.2K | +2.2% | 91 |
| Dell City, TX 79837 | – | – | 24 |
| Pinon, NM 88344 | – | – | 2 |
| Weed, NM 88354 | – | – | 37 |
| Bent, NM 88314 | – | – | 14 |
| ZIP 88342 | – | – | 14 |
| ZIP 88349 | – | – | 72 |