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Otero, NM · ZIP 88310 · Census Tract 35035000602 · 2027–2030 outlook
Current modeled value
$117K
Downside (P10)
$100K
-15% by 2030
Base Case (P50)
$123K
+5% by 2030
Upside (P90)
$191K
+63% by 2030
Base case: +5% by 2030, with a forecast range from -15% to +63%. The model forecasts this with 59% confidence.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $82K | $78K | $77K | $77K | $79K | $112K | $108K | $121K | $133K | $111K | $117K | $121K | $125K | $123K |
| YoY Change | -4.4% | -2.3% | +0.7% | +2.7% | +41.2% | -3.2% | +11.8% | +9.5% | -16.3% | +5.8% | +2.7% | +3.8% | -1.6% | |
| Downside (P10) | $106K | $101K | $100K | |||||||||||
| Upside (P90) | $147K | $170K | $191K |
The forecast range is wider than average for this market, indicating lower confidence. Short-term confidence is moderate but expands significantly by 2030 — outcomes could vary meaningfully.
1-Year Spread
$106K to $147K
34.1% of median
5-Year Spread
$100K to $191K
74.6% of median
Use these nearby areas to compare price level, upside potential, and forecast risk.
Areas with the most similar current median values
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Alamogordo | $113K | $123K | +8.6% | |
| Alamogordo (Tract 000200) | $117K | $128K | +9.9% | |
| Southeast Otero (Tract 000904) | $120K | $133K | +11.1% | |
| Alamogordo (Tract 000100) | $113K | $123K | +9.5% | |
| Southeast Otero (Tract 000903) | $125K | $148K | +18.9% | |
| Alamogordo (Tract 000404) | $107K | $109K | +2.1% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Alamogordo | $113K | $123K | +8.6% | |
| Southeast Otero (Tract 000903) | $125K | $148K | +18.9% | |
| Alamogordo (Tract 000403) | $334K | $374K | +12.2% | |
| Alamogordo (Tract 000603) | $85K | $95K | +12.0% | |
| Southeast Otero (Tract 000904) | $120K | $133K | +11.1% | |
| Alamogordo (Tract 000200) | $117K | $128K | +9.9% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| Alamogordo | $113K | $123K | $92K | |
| Alamogordo (Tract 000603) | $85K | $95K | $44K | |
| Southeast Otero | $120K | $133K | $52K | |
| Alamogordo (Tract 000404) | $107K | $109K | $62K | |
| Alamogordo (Tract 000200) | $117K | $128K | $63K |
Forecasts are probabilistic model outputs, not guarantees. The model uses historical data and economic indicators; it does not observe property-specific conditions. This is not financial, investment, or real estate advice. Learn more about our methodology.
Model
Homecastr World Model (Schrödinger Bridge v12)
Forecast Horizon
2027 to 2030
Schema Version
forecast_queue
Citation
Hardesty Lewis, D. (2026). Homecastr Home Price Forecast. Retrieved from homecastr.com.
Data Sources
Deep dive into property-level home price forecasts for parcels in this area.