The typical owner-occupied home in Organ is worth about $122,100, 51% below the New Mexico median of $248,100 and 63% below the national median of $332,700. 67% of occupied homes here are lived in by their owners, and 56% of those owners still have a mortgage.
Organ at a glance
| Organ | New Mexico | U.S. | |
|---|---|---|---|
| Median home value | $122,100 | $248,100 | $332,700 |
| Median property tax paid per year | – | $1,731 | $3,119 |
| Median household income | – | $64,059 | $80,734 |
| Homes lived in by their owners | 67% | 70% | 65% |
| Owner homes with a mortgage | 56% | 52% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,564 | $1,963 |
| Median rent | – | $1,067 | $1,413 |
| Median year homes were built | 1991 | 1985 | 1980 |
| Vacant homes | 45.6% | 12.5% | 10.1% |
| Population | 152 | 2,120,246 | 334,922,499 |
What a typical home costs per month in Organ
At this week's average 30-year rate of 7.11%, buying the median Organ home of $122,100 with 20% down costs about $820 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,023, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $35,139 for the 20%-down payment.
| Down payment | $24,420 |
|---|---|
| Loan amount | $97,680 |
| Principal and interest | $657 |
| Property taxes (1.10% a year) | $112 |
| Homeowners insurance (our estimate, 0.5% a year) | $51 |
| PMI | $0 |
| Total per month | $820 |
Change the numbers in the calculator
| Down payment | $4,274 |
|---|---|
| Loan amount | $119,888 |
| Principal and interest | $806 |
| Property taxes (1.10% a year) | $112 |
| Homeowners insurance (our estimate, 0.5% a year) | $51 |
| FHA mortgage insurance | $54 |
| Total per month | $1,023 |
Change the numbers in the calculator
Questions about home buying in Organ
What is the median home value in Organ?
About $122,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
What income do you need to buy a home in Organ?
For the median home with 20% down at 7.11%, the payment is about $820 a month. Keeping that under 28% of gross income takes about $35,139 a year.
More about Organ
- Mortgage Refinance in Organ
- Debt Relief in Organ
- Home Equity Loans in Organ
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data