Home values, rents and more in Otero County, NM
September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07
Open Otero County, NM in ProMap- Under $160k
- $160k–$180k
- $180k–$200k
- $200k–$230k
- $230k+
- No data
How Otero County, NM compares
The typical home in Otero County, NM is worth about $230,000, according to the Zillow Home Value Index for September 2026. Home values in Otero County, NM are about the same as the typical value in the Alamogordo metro area ($230,000) and 37% below the U.S. typical value ($366,000).
Over the past year, home values in Otero County, NM fell 1.8%, compared with −1.8% in the Alamogordo metro area and +1.2% nationally.
Typical rent is $1,524 a month (Zillow Observed Rent Index), about the same as the Alamogordo metro area ($1,524) and 21% below the U.S. ($1,932). Rents rose 4.5% over the past year.
The median household income is $55,876, against $55,876 in the Alamogordo metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).
About 70,368 people live in Otero County, NM (Census Bureau estimate for July 2025).
Otero County, NM has the 14th-highest typical home value of the 30 counties in New Mexico with Zillow figures.
Part of: Alamogordo metro area · New Mexico
More for Otero County, NM in ProMap Plus
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- 5- and 10-year price changes
- Days on market and months of supply
- Price cuts and sale-to-list ratio
- Price-to-income and monthly cost to buy
- School test scores
- Flood, wildfire and natural hazard risk
- Property-tax rate
- Unemployment and job growth
- Building permits
- Mortgage delinquency
- 2024 presidential vote
- Age, education and household make-up
- Amenities and transit nearby
Nearby counties
Cities in Otero County, NM
ZIP codes in Otero County, NM
Sources
Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.
"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.