Market Overview
Home Prices in Tularosa, NM
The median home value in Tularosa, NM is $186,664 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 3.3% compared to a year ago and up 7.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Tularosa are priced54% below average. Tularosa is part of the Alamogordo, NM metro area.
Over the past five years, Tularosa home values have risen by approximately36.1%, reflecting strong long-term appreciation in this market.
Price History
Tularosa Home Price Trend
City Comparison
Tularosa vs. National Median
At $186,664, homes in Tularosa cost 54% below the national median of $410,000. This makes Tularosa a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Tularosa?
20% Down Payment
$37,333
on $186,664
Monthly P&I
$974/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,237/mo
incl. taxes & insurance
Income Needed
$49,480
gross annual (30% rule)
10% Down Option
$18,666
+ PMI applies
Loan Amount (20% dn)
$149,331
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 Tularosa, NM?
The median home value in Tularosa is $186,664 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 3.3% year-over-year.
How much have home prices changed in Tularosa?
Over the past year, home values in Tularosa have decreased by 3.3%. Over five years, prices have risen approximately 36.1%.
How much do I need to earn to buy a home in Tularosa?
To comfortably afford the median home price of $186,664 with a 20% down payment ($37,333) at today's rates (6.8%), you'd need a gross annual income of approximately $49,480. This assumes keeping total housing costs at or below 30% of gross income.
How does Tularosa compare to the national average home price?
The national median home value is approximately $410,000. At $186,664, homes in Tularosa are 54% below the national average.
What metro area is Tularosa part of?
Tularosa is part of the Alamogordo, NM metropolitan area. Home prices and market conditions can vary across the broader metro region.