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Housing in La Hacienda

A typical La Hacienda home is worth roughly $114,000

Home prices around La Hacienda have risen about 58% over the past 5 years.

Typical home value
$114K
▼ 1.9% in a year · NM $318K
Estimate
2-bedroom rent
$970
a month, utilities in · HUD
Median tax bill
$655
NM $1,731

What kind of housing town is La Hacienda?

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

★ What stands out · Affordability

A typical home costs 3.7 years of income

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

You could afford about
$126,000
Typical La Hacienda home $114K

That covers a typical La Hacienda home, with $12K to spare.

The typical home, each month
$650
Loan $560Tax $50Insurance $30

A two-bedroom rents for about $970 a month here, $320 more than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, La Hacienda’s typical property tax (0.58% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

The homes

68% of La Hacienda households own their home

Half of La Hacienda’s homes were built before 2002.

Owners and renters
Own 68%Rent 32%

New Mexico: 70% own.

2002
typical home built · NM 1985
$655
median property tax bill · NM $1,731
0.58%
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.

Price trend

Home prices up 58% in 5 years

The federal house price index for the ZIP code around La Hacienda rose 58% over the past 5 years, faster than across New Mexico (50%). Last year prices fell 1.9%.

La Hacienda areaNew Mexico
0%+50%+100%+150%+200%200020052010201520202025
−1.9%
past year
+58%
past 5 years
+75%
past 10 years

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around La Hacienda, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.

Renting

A two-bedroom rents for about $970

Fair Market Rent a month, utilities included

Studio$670
1 bedroom$780
2 bedrooms$970
3 bedrooms$1,280
4 bedrooms$1,530
32%
of households rent · NM 30%
74
renter households

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

Neighbors talk housing

What La Hacienda buyers, sellers and renters are saying.

Town Square →
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Is La Hacienda still affordable for young families?

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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. Price trend: Federal Housing Finance Agency House Price Index. 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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