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Nara Visa

Learn about the people, housing, costs and businesses in Nara Visa, New Mexico

Median Home$160,000
Median Rent$934/month
Population44
Leading IndustriesFinance & Insurance · Wholesale Trade · Information & Media9% finance & insurance
Home Value Growth⬆⬆⬆+45.3% over 2 years
Family-Friendly28% of residentswell above average
Homeowners74% of occupied units
Nara Visa
NM

Frequently Asked Questions

What are today's mortgage rates in Nara Visa?

As of today, the 30-year fixed mortgage rate for Nara Visa is approximately 6.866% (6.901% 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 Nara Visa?

The median home value in Nara Visa is $160k. The median monthly rent is $934. Annual property taxes average $676. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Nara Visa?

Home values in Nara Visa have increased 45.3% 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 Nara Visa?

Based on a typical all-in ownership cost of $635/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $27k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Nara Visa is $38k/year.

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What industries drive the economy in Nara Visa?

The largest employment sectors in Nara Visa are public administration (17%) and wholesale trade (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.