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Free Calculators for New Mexico
Sales tax (state base): 4.875% · Property tax (avg effective): 0.67% · Median home price (est.): $310,000
State-level estimates unless stated. Local rates vary.
State-level estimates unless stated. Local rates vary.
Housing and tax snapshot
New Mexico (state-level estimate): a typical home price of $310,000 with 20% down at 6.8% over 30 years means about $1,617 a month in principal and interest, plus roughly $173 a month in property tax. State sales tax on a $1,000 purchase is about $49.