Taos County, New Mexico home prices
Typical home $424,746 · -0.8% in a year · property tax 0.29%
The typical home in Taos County is worth $424,746, 34% more than the New Mexico typical home ($315,812). Values changed -0.8% in the past year and -7.5% over five years. Homeowners here pay a median 0.29% of their home's value in property tax each year ($1,253 on the typical home), versus 0.63% statewide.
Mortgage on the typical Taos County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $84,949 | $339,797 | $2,286 | $0 | $317 | $2,603 | $111,500 |
| 10% down | $42,475 | $382,272 | $2,572 | $159 | $317 | $3,048 | $130,600 |
| 5% down | $21,237 | $403,509 | $2,714 | $168 | $317 | $3,199 | $137,100 |
| 3.5% down (FHA) | $14,866 | $417,053 | $2,806 | $188 | $317 | $3,310 | $141,900 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.29% 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 · part of the Taos metro area.
New Mexico counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Sandoval County | $373,280 | +0.6% | 0.73% |
| Bernalillo County | $347,674 | +1.7% | 0.9% |
| Lincoln County | $335,919 | -3.4% | 0.53% |
| Rio Arriba County | $331,139 | +2.3% | 0.42% |
| Valencia County | $318,413 | +2.9% | 0.62% |
| Santa Fe County | $548,874 | +0.8% | 0.48% |
| Dona Ana County | $285,351 | -0.6% | 0.67% |
| San Juan County | $273,559 | +6.8% | 0.68% |
| Los Alamos County | $579,389 | -0.7% | 0.55% |
| Eddy County | $247,965 | +3.1% | 0.52% |
Frequently asked questions
What is the average home price in Taos County, NM?
The typical home value in Taos County is $424,746 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Taos County?
About $111,500 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Taos County?
The median effective rate is 0.29% of home value a year (Census ACS 2024 5-year estimates).