The typical owner-occupied home in Taos Ski Valley is worth about $369,200, 49% above the New Mexico median of $248,100 and 11% above the national median of $332,700. The median household earns $76,875 a year, so the median home costs 4.8 times the median income (3.9 times for New Mexico). 100% of occupied homes here are lived in by their owners, and 62% of those owners still have a mortgage.
Taos Ski Valley at a glance
| Taos Ski Valley | New Mexico | U.S. | |
|---|---|---|---|
| Median home value | $369,200 | $248,100 | $332,700 |
| Median property tax paid per year | – | $1,731 | $3,119 |
| Median household income | $76,875 | $64,059 | $80,734 |
| Homes lived in by their owners | 100% | 70% | 65% |
| Owner homes with a mortgage | 62% | 52% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,564 | $1,963 |
| Median rent | – | $1,067 | $1,413 |
| Median year homes were built | 1979 | 1985 | 1980 |
| Vacant homes | 89.2% | 12.5% | 10.1% |
| Population | 65 | 2,120,246 | 334,922,499 |
What a typical home costs per month in Taos Ski Valley
At this week's average 30-year rate of 7.11%, buying the median Taos Ski Valley home of $369,200 with 20% down costs about $2,479 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,094, 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 $106,251 for the 20%-down payment. That payment is 39% of the median Taos Ski Valley household income of $76,875; at that income and 20% down, the 28% guideline points to a home of about $267,000.
| Down payment | $73,840 |
|---|---|
| Loan amount | $295,360 |
| Principal and interest | $1,987 |
| Property taxes (1.10% a year) | $338 |
| Homeowners insurance (our estimate, 0.5% a year) | $154 |
| PMI | $0 |
| Total per month | $2,479 |
Change the numbers in the calculator
| Down payment | $12,922 |
|---|---|
| Loan amount | $362,513 |
| Principal and interest | $2,439 |
| Property taxes (1.10% a year) | $338 |
| Homeowners insurance (our estimate, 0.5% a year) | $154 |
| FHA mortgage insurance | $163 |
| Total per month | $3,094 |
Change the numbers in the calculator
Questions about home buying in Taos Ski Valley
What is the median home value in Taos Ski Valley?
About $369,200 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 Taos Ski Valley?
For the median home with 20% down at 7.11%, the payment is about $2,479 a month. Keeping that under 28% of gross income takes about $106,251 a year.
More about Taos Ski Valley
- Mortgage Refinance in Taos Ski Valley
- Debt Relief in Taos Ski Valley
- Home Equity Loans in Taos Ski Valley
- 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