ZIP 88340 housing market
Data through Jan 2026
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Expected Disaster Loss
$744
Dec 2025
What this means
- Disaster risk. FEMA expects about $744 a year in natural-disaster damage per $100k of building value (U.S.: $155), mostly from wildfire. Check insurance costs before buying.
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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 |
| Cloudcroft, NM 88317 | $304K | −2.2% | 93 |
| 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 |