A typical Magdalena home is worth roughly $100,000
What kind of housing town is Magdalena?
Read from the numbers below. The page puts what stands out first.
What it takes to buy in Magdalena
Try your own numbers below.
That covers a typical Magdalena home, with $158K to spare.
A two-bedroom rents for about $970 a month here, $390 more than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Magdalena’s typical property tax (0.66% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
7 of Magdalena’s houses are on the National Register
Half of Magdalena’s homes were built before 1962.
New Mexico: 70% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error. Historic houses: National Register of Historic Places.
A two-bedroom rents for about $970
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Catron County, NM): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
On the market in Magdalena
Listed in the past 60 days. Each opens on the listing site.
Neighbors talk housing
What Magdalena buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
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. Historic houses: National Register of Historic Places. Listings link to their publishers. The calculator is an estimate, not a loan offer.