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Housing in Hagerman

A typical Hagerman home is worth roughly $110,000

Typical home value
$110K
NM $318K
Estimate
2-bedroom rent
$970
a month, utilities in · HUD
Median tax bill
$356
NM $1,731

What kind of housing town is Hagerman?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

A typical home costs 1.7 years of income

Less than across New Mexico (5 years). Try your own numbers below.

You could afford about
$275,000
Typical Hagerman home $110K

That covers a typical Hagerman home, with $165K to spare.

The typical home, each month
$600
Loan $540Tax $30Insurance $30

A two-bedroom rents for about $970 a month here, $370 more than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Hagerman’s typical property tax (0.32% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $970

Renters already here pay a median of $734, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$670
1 bedroom$810
2 bedrooms$970
3 bedrooms$1,290
4 bedrooms$1,420
23%
of households rent · NM 30%
55
renter households
$734
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Chaves County, NM): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

The homes

77% of Hagerman households own their home

Half of Hagerman’s homes were built before 1966.

Owners and renters
Own 77%Rent 23%

New Mexico: 70% own.

1966
typical home built · NM 1985
$356
median property tax bill · NM $1,731
0.32%
of a home’s value, a year in tax · NM 0.70%

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

On the market in Hagerman

Listed in the past 60 days. Each opens on the listing site.

Neighbors talk housing

What Hagerman buyers, sellers and renters are saying.

Town Square →
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Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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