Market Overview
Home Prices in Timberon, NM
The median home value in Timberon, NM is $195,183 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.6% compared to a year ago and up 3.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Timberon are priced52% below average. Timberon is part of the Alamogordo, NM metro area.
Over the past five years, Timberon home values have risen by approximately37.9%, reflecting strong long-term appreciation in this market.
Price History
Timberon Home Price Trend
City Comparison
Timberon vs. National Median
At $195,183, homes in Timberon cost 52% below the national median of $410,000. This makes Timberon a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Timberon?
20% Down Payment
$39,037
on $195,183
Monthly P&I
$1,018/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,293/mo
incl. taxes & insurance
Income Needed
$51,720
gross annual (30% rule)
10% Down Option
$19,518
+ PMI applies
Loan Amount (20% dn)
$156,146
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Timberon, NM?
The median home value in Timberon is $195,183 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.6% year-over-year.
How much have home prices changed in Timberon?
Over the past year, home values in Timberon have decreased by 0.6%. Over five years, prices have risen approximately 37.9%.
How much do I need to earn to buy a home in Timberon?
To comfortably afford the median home price of $195,183 with a 20% down payment ($39,037) at today's rates (6.8%), you'd need a gross annual income of approximately $51,720. This assumes keeping total housing costs at or below 30% of gross income.
How does Timberon compare to the national average home price?
The national median home value is approximately $410,000. At $195,183, homes in Timberon are 52% below the national average.
What metro area is Timberon part of?
Timberon is part of the Alamogordo, NM metropolitan area. Home prices and market conditions can vary across the broader metro region.