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Buying a home in Lindrith, New Mexico

The typical owner-occupied home in Lindrith is worth about $106,600, 57% below the New Mexico median of $248,100 and 68% below the national median of $332,700. Owners pay a median $729 a year in property taxes, about 0.68% of their home's value, close to the New Mexico rate of 0.70%. The median household earns $71,359 a year, so the median home costs 1.5 times the median income (3.9 times for New Mexico). 100% of occupied homes here are lived in by their owners, and 32% of those owners still have a mortgage.

Lindrith at a glance

Lindrith New Mexico U.S.
Median home value $106,600 $248,100 $332,700
Median property tax paid per year $729 $1,731 $3,119
Property tax as a share of value 0.68% 0.70% 0.94%
Median household income $71,359 $64,059 $80,734
Homes lived in by their owners 100% 70% 65%
Owner homes with a mortgage 32% 52% 61%
Median monthly costs, owners with a mortgage – $1,564 $1,963
Median rent – $1,067 $1,413
Median year homes were built 1980 1985 1980
Vacant homes 20.3% 12.5% 10.1%
Population 111 2,120,246 334,922,499

What a typical home costs per month in Lindrith

At this week's average 30-year rate of 7.11%, buying the median Lindrith home of $106,600 with 20% down costs about $678 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $856, 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 $29,079 for the 20%-down payment. That payment is 11% of the median Lindrith household income of $71,359; at that income and 20% down, the 28% guideline points to a home of about $262,000.

20% down, 30-year conventional loan
Down payment$21,320
Loan amount$85,280
Principal and interest$574
Property taxes (0.68% a year)$60
Homeowners insurance (our estimate, 0.5% a year)$44
PMI$0
Total per month$678

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3.5% down, 30-year FHA loan
Down payment$3,731
Loan amount$104,669
Principal and interest$704
Property taxes (0.68% a year)$60
Homeowners insurance (our estimate, 0.5% a year)$44
FHA mortgage insurance$47
Total per month$856

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Questions about home buying in Lindrith

What is the median home value in Lindrith?

About $106,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Lindrith?

Homeowners pay a median $729 a year, which is about 0.68% of the median home value. Your bill depends on your home's assessed value and local rates.

What income do you need to buy a home in Lindrith?

For the median home with 20% down at 7.11%, the payment is about $678 a month. Keeping that under 28% of gross income takes about $29,079 a year.

More about Lindrith

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