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Los Ojos

Learn about the people, housing, costs and businesses in Los Ojos, New Mexico

Median Home$217,000
Median Rent$479/month
Population98
Leading IndustriesInformation & Media · Finance & Insurance · Retail10% information & media
Home Value Growth⬆⬆+15.5% over 2 years
Retirees23% of residentsslightly above average
Homeowners88% of occupied units
Los Ojos
NM

Frequently Asked Questions

What are today's mortgage rates in Los Ojos?

As of today, the 30-year fixed mortgage rate for Los Ojos is approximately 7.017% (7.057% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Los Ojos?

The median home value in Los Ojos is $217k. The median monthly rent is $479. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Los Ojos?

Home values in Los Ojos have increased 15.5% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Los Ojos?

Based on a typical all-in ownership cost of $603/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $26k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Los Ojos is $66k/year.

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What industries drive the economy in Los Ojos?

The largest employment sectors in Los Ojos are public administration (23%) and retail (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.