Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 13,179, 5,881 total housing units (homes and apartments), and a median house value of $564,390, Los Alamos house prices are not only among the most expensive in New Mexico, Los Alamos real estate also is some of the most expensive in all of America.
Single-family detached homes are the single most common housing type in Los Alamos, accounting for 53.73% of the town's housing units. Other types of housing that are prevalent in Los Alamos include large apartment complexes or high rise apartments ( 19.52%), duplexes, homes converted to apartments or other small apartment buildings ( 10.85%), and a few row houses and other attached homes ( 10.06%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Los Alamos. Owner-occupied housing accounts for 66.71% of Los Alamos's homes, and 62.22% have either three or four bedrooms, which is average sized relative to America.
At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Los Alamos's housing was primarily built during this period, from the '40s through the '60s. A full 48.19% of the town's housing hails from this era. Other housing ages represented in Los Alamos include homes built between 1970-1999 ( 33.72%) and housing constructed between 2000 and later ( 17.95%).
Appreciation rates for homes in Los Alamos have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 102.53%, which ranks in the top 30% nationwide. This equates to an annual average Los Alamos house appreciation rate of 7.31%.
Appreciation rates are so strong in Los Alamos that despite a nationwide downturn in the housing market, Los Alamos real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Los Alamos appreciation rates continue to be some of the highest in America, at 9.69%, which is higher than appreciation rates in 94.42% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Los Alamos. Los Alamos appreciation rates in the latest quarter were at 4.05%, which equates to an annual appreciation rate of 17.22%.
Relative to New Mexico, our data show that Los Alamos's latest annual appreciation rate is higher than 90% of the other cities and towns in New Mexico.
$564,390
for New mexico
for nation
5,881
$1,817 / per month