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
With a population of 11,840, 5,237 total housing units (homes and apartments), and a median house value of $334,084, Los Alamos real estate is some of the most expensive in New Mexico, although Los Alamos home values aren't among America's most expensive.
Single-family detached homes are the single most common housing type in Los Alamos, accounting for 52.58% of the town's housing units. Other types of housing that are prevalent in Los Alamos include large apartment complexes or high rise apartments ( 18.68%), duplexes, homes converted to apartments or other small apartment buildings ( 13.38%), and a few row houses and other attached homes ( 12.31%).
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 65.30% of Los Alamos's homes, and 55.76% 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 48.97% of the town's housing hails from this era. Other housing ages represented in Los Alamos include homes built between 1970-1999 ( 35.23%) and housing constructed between 2000 and later ( 15.40%).
Vacant housing appears to be an issue in Los Alamos. Fully 11.78% of the housing stock is classified as vacant. Left unchecked, vacant Los Alamos homes and apartments can be a drag on the real estate market, holding Los Alamos real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
Real estate appreciation rates in Los Alamos's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 0.94% during the period.
Over the last year, Los Alamos appreciation rates have trailed the rest of the nation. In the last twelve months, Los Alamos's appreciation rate has been 2.10%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Los Alamos were at -0.44%, which equates to an annual appreciation rate of -1.73%.
Notably, Los Alamos's appreciation rate in the latest quarter is one of the lowest in America.
Relative to New Mexico, our data show that Los Alamos's latest annual appreciation rate is lower than 60% of the other cities and towns in New Mexico.
One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within Los Alamos differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Los Alamos - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Los Alamos real estate investment or home purchase decisions.
|$872,001 - $1,162,000||1.7|
|$581,001 - $872,000||8.0|
|$465,001 - $581,000||10.7|
|$349,001 - $465,000||23.8|
|$232,001 - $349,000||21.7|
|$116,001 - $232,000||25.9|
|$58,001 - $116,000||3.8|
|$0 - $58,000||3.7|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
2018 Q3 - 2018 Q4
Last 12 Months:
2017 Q4 - 2018 Q4
Last 2 Years:
2016 Q4 - 2018 Q4
Last 5 Years:
2013 Q4 - 2018 Q4
Last 10 Years:
2008 Q4 - 2018 Q4
2000 Q1 - 2018 Q4
|* 10 is highest|
|AGE OF Los Alamos HOMES|
|2000 or Newer||15.4|
|1970 - 1999||35.2|
|1940 - 1969||49.0|
|1939 or Older||0.4|
|TYPE OF Los Alamos HOMES|
|Small Apt. Buildings||13.4|
|SIZE OF Los Alamos HOMES|
|5 or more bedrooms||6.50|