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Single Family ResidenceResidential
$128,107$106 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 87How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026

1506 AMERICAN WAY

ALAMOGORDO, NM 88310
3
Beds
2
Baths
1,211 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.19 ac
Lot SizeThe size of the land the home sits on, from county records.
1985
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
5
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$128K
$112K low$144K high
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$128,107
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$102,486

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,472 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$58,923 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$6,510
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$52,413
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$57,701
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$176,770

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.51
10
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
57
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
85
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
7
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
98
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.24 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.6%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyOTERO
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.2008
Lot (acres)The size of the land the home sits on, from county records.0.19
ConstructionThe main material the home's frame and walls are built from.Wood (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Composition Shingle
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
CoolingThe type of cooling or air conditioning in the home.Refrigerator
FireplaceWhether the home has a fireplace, and what kind.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Porch · 113 ft²

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Sierra Elementary SchoolA-
Elementary · Grades KG–5 · 0.5 mi
M
Chaparral Middle SchoolB+
Middle · Grades 6–8 · 1.2 mi
H
Alamogordo High SchoolB+
High · Grades 9–12 · 2.1 mi

District: Alamogordo Public Schools

Neighborhood · ZIP 88310These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.93
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.97
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.72

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.89%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.17%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.18%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.1%
PopulationHow many people live in this area.37,459
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.51 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$57,181
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$70,482
Average tempThe average temperature here across a full year.60°F
Annual precipHow much rain and melted snow falls here in a typical year.12 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.74%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Absentee owner
Company ownedWhether the owner is a company or trust rather than a person.No

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

1506 American Way measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 80% of homes in Otero County
  • Costs less per square foot than 73% of homes in Otero County
  • Smaller than 81% of homes in Alamogordo 88310
  • Has a smaller lot than 66% of homes in Otero County

What homes are worth in Alamogordo 88310

Each bar is how many homes fall in that price range. The marker is this home.

This home
$64K$588K

This home is worth more than 24% of homes in Alamogordo 88310.

How it measures up in Alamogordo 88310

The dot is this home. The mark in the middle is the typical home in Alamogordo 88310.

Estimated value$128,107
CheaperTypical $191,130Pricier

Pricier than 24% of homes nearby

Price per ft²$106
CheaperTypical $126Pricier

Pricier than 33% of homes nearby

Living area1,211 ft²
SmallerTypical 1,600 ft²Bigger

Bigger than 19% of homes nearby

Lot size0.19 ac
SmallerTypical 0.19 acBigger

Bigger than 48% of homes nearby

Year built1985
OlderTypical 1979Newer

Newer than 60% of homes nearby

How 1506 American Way ranks against every home in each area.
MeasureThis homeAlamogordo 88310Otero County
Estimated valuepricier than$128,10724% of homes20% of homes
Price per ft²pricier than$10633% of homes27% of homes
Living areabigger than1,211 ft²19% of homes27% of homes
Lot sizebigger than0.19 ac48% of homes34% of homes
Year builtnewer than198560% of homes55% of homes

About 1506 American Way

How much is 1506 American Way, Alamogordo, NM worth?

The TopHap Estimate for 1506 American Way, Alamogordo, NM is $128,107 as of Jul 14, 2026. The likely range is $111,986 to $144,228. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 1506 American Way, Alamogordo, NM last sell?

1506 American Way, Alamogordo, NM last sold on Dec 9, 2022, according to the county's recorded deed.

How big is 1506 American Way, Alamogordo, NM?

1506 American Way, Alamogordo, NM has 3 bedrooms, 2 bathrooms, 1,211 square feet of living space and a 0.19-acre lot.

When was 1506 American Way, Alamogordo, NM built?

1506 American Way, Alamogordo, NM was built in 1985, making it 41 years old. The building has 1 story.

What schools serve 1506 American Way, Alamogordo, NM?

1506 American Way, Alamogordo, NM is assigned to Sierra Elementary School (elementary), rated A-; Chaparral Middle School (middle), rated B+; Alamogordo High School (high), rated B+. All sit in Alamogordo Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 1506 American Way, Alamogordo, NM compare to other homes in Alamogordo 88310?

Among the 12,963 homes in Alamogordo 88310, it is worth more than 24% of them ($128,107 against a typical $191,130), its price per square foot is higher than 33% of them ($106 against a typical $126), it is bigger than 19% of them (1,211 ft² against a typical 1,600 ft²), its lot is bigger than 48% of them (0.19 ac against a typical 0.19 ac) and it is newer than 60% of them (1985 against a typical 1979). Measured against all of Otero County, it is worth more than 20% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 1506 American Way, Alamogordo, NM?

The 2025 property tax bill for 1506 American Way, Alamogordo, NM was $1,472. The county assessed it at $58,923.

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Assigned schools

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