Catron County, New Mexico home prices
Typical home $212,317 · +8.5% in a year · property tax 0.36%
The typical home in Catron County is worth $212,317, 33% less than the New Mexico typical home ($315,812). Values changed +8.5% in the past year and +1.5% over five years. Homeowners here pay a median 0.36% of their home's value in property tax each year ($773 on the typical home), versus 0.63% statewide.
Mortgage on the typical Catron County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $42,463 | $169,853 | $1,143 | $0 | $171 | $1,313 | $56,300 |
| 10% down | $21,232 | $191,085 | $1,285 | $80 | $171 | $1,536 | $65,800 |
| 5% down | $10,616 | $201,701 | $1,357 | $84 | $171 | $1,611 | $69,100 |
| 3.5% down (FHA) | $7,431 | $208,471 | $1,402 | $94 | $171 | $1,667 | $71,400 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.36% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in New Mexico.
New Mexico counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| McKinley County | $216,464 | -2.1% | 2% |
| Torrance County | $217,224 | +6.0% | 0.45% |
| Socorro County | $197,130 | +3.3% | 0.61% |
| Lea County | $196,513 | +3.0% | 0.48% |
| Otero County | $229,953 | -1.8% | 0.55% |
| Sierra County | $180,323 | +4.2% | 0.52% |
| Colfax County | $244,949 | -2.7% | 0.52% |
| Grant County | $178,942 | -4.8% | 0.46% |
| San Miguel County | $246,341 | +4.7% | 0.57% |
| Eddy County | $247,965 | +3.1% | 0.52% |
Frequently asked questions
What is the average home price in Catron County, NM?
The typical home value in Catron County is $212,317 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Catron County?
About $56,300 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Catron County?
The median effective rate is 0.36% of home value a year (Census ACS 2024 5-year estimates).