The typical owner-occupied home in Glorieta is worth about $438,900, 77% above the New Mexico median of $248,100 and 32% above the national median of $332,700. Owners pay a median $2,278 a year in property taxes, about 0.52% of their home's value, lower than the New Mexico rate of 0.70%. 38% of occupied homes here are lived in by their owners, and 92% of those owners still have a mortgage.
Glorieta at a glance
| Glorieta | New Mexico | U.S. | |
|---|---|---|---|
| Median home value | $438,900 | $248,100 | $332,700 |
| Median property tax paid per year | $2,278 | $1,731 | $3,119 |
| Property tax as a share of value | 0.52% | 0.70% | 0.94% |
| Median household income | – | $64,059 | $80,734 |
| Homes lived in by their owners | 38% | 70% | 65% |
| Owner homes with a mortgage | 92% | 52% | 61% |
| Median monthly costs, owners with a mortgage | $2,667 | $1,564 | $1,963 |
| Those costs as a share of the owners' income | 18.3% | 20.6% | 21.0% |
| Median rent | – | $1,067 | $1,413 |
| Median year homes were built | 1975 | 1985 | 1980 |
| Vacant homes | 28.3% | 12.5% | 10.1% |
| Population | 385 | 2,120,246 | 334,922,499 |
What a typical home costs per month in Glorieta
At this week's average 30-year rate of 7.11%, buying the median Glorieta home of $438,900 with 20% down costs about $2,735 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,466, 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 $117,218 for the 20%-down payment.
| Down payment | $87,780 |
|---|---|
| Loan amount | $351,120 |
| Principal and interest | $2,362 |
| Property taxes (0.52% a year) | $190 |
| Homeowners insurance (our estimate, 0.5% a year) | $183 |
| PMI | $0 |
| Total per month | $2,735 |
Change the numbers in the calculator
| Down payment | $15,362 |
|---|---|
| Loan amount | $430,950 |
| Principal and interest | $2,899 |
| Property taxes (0.52% a year) | $190 |
| Homeowners insurance (our estimate, 0.5% a year) | $183 |
| FHA mortgage insurance | $194 |
| Total per month | $3,466 |
Change the numbers in the calculator
Questions about home buying in Glorieta
What is the median home value in Glorieta?
About $438,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Glorieta?
Homeowners pay a median $2,278 a year, which is about 0.52% 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 Glorieta?
For the median home with 20% down at 7.11%, the payment is about $2,735 a month. Keeping that under 28% of gross income takes about $117,218 a year.
More about Glorieta
- Mortgage Refinance in Glorieta
- Debt Relief in Glorieta
- Home Equity Loans in Glorieta
- 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