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 13,179 people, 5,996 houses or apartments, and a median cost of homes of $657,823, 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 50.81% of the town's housing units. Other types of housing that are prevalent in Los Alamos include large apartment complexes or high rise apartments ( 22.45%), row houses and other attached homes ( 11.68%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 9.12%).
The most prevalent building size and type in Los Alamos are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 64.73% owning and 35.27% renting.
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 45.33% of the town's housing hails from this era. Other housing ages represented in Los Alamos include homes built between 1970-1999 ( 35.37%) and housing constructed between 2000 and later ( 19.30%).
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 114.24%, which ranks in the top 30% nationwide. This equates to an annual average Los Alamos house appreciation rate of 7.92%.
NeighborhoodScout's data show that during the latest twelve months, Los Alamos's appreciation rate, at 10.02%, has been at or slightly above the national average. In the latest quarter, Los Alamos's appreciation rate has been 3.40%, which annualizes to a rate of 14.32%.
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.
$657,823
for New mexico
for nation
5,996
$1,717 / per month