Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Sagar

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

Median Home$79,376
Population175
Leading IndustriesPublic Administration · Construction · Agriculture & Mining44% public administration
Home Value Growth⬆⬆+12.9% over 2 years
Young Adults35% of residentswell above average
Homeowners93% of occupied units
NotableHigh Incomes$86k/year · top 29% nationally
Sagar
NM

Frequently Asked Questions

What are today's mortgage rates in Sagar?

As of today, the 30-year fixed mortgage rate for Sagar is approximately 6.929% (6.966% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Sagar
What is the median home price in Sagar?

The median home value in Sagar is $79k. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Sagar?

Home values in Sagar have increased 12.9% 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 Sagar?

Based on a typical all-in ownership cost of $246/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $11k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Sagar is $86k/year.

Calculate your buying power
What industries drive the economy in Sagar?

The largest employment sectors in Sagar are public administration (44%) and agriculture and mining (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.