Cost to Own
United StatesNew MexicoLuna CountyKeeler Farm Population 1,450 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Keeler Farm, New Mexico

A $122,000 home here costs

$1,023

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $627. The real number is $396 higher every month — 63% more than the payment most buyers budget for.

Keeler Farm median: $121,800
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $97,600 borrowed $627
Property tax0.454% effective rate for Keeler Farm itself $46
Homeowners insuranceNew Mexico averages $1,229/yr (NAIC), or 0.526% of home value $53
Electricity14.12¢/kWh — New Mexico residential average, EIA $127
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $102
Total monthly $1,023

Keeler Farm against Luna County and New Mexico

MeasureKeeler FarmLuna County
Median home value$121,800$112,500
Median property tax$553$648
Effective tax rate0.454%0.576%
Median gross rent$685
Population1,45025,420

The weather behind that power bill

Keeler Farm sits in Luna County, which averages a high of 96.1°F in its hottest month and a low of 27.0°F in its coldest, with 9.34" of precipitation a year and 54% of it in a single three-month stretch. That climate drives 1,815 cooling and 3,047 heating degree days, which is what sets the $127 electricity line above.

See the full climate breakdown for Luna County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Luna County

Full Luna County cost breakdown · Every county in New Mexico

Common questions

How much does it cost to own a home in Keeler Farm?

A $122,000 home in Keeler Farm, New Mexico costs approximately $1,023 per month with 20% down at 6.66%. That is $627 principal and interest, $46 property tax, $53 homeowners insurance, $195 utilities and $102 set aside for maintenance.

What is the property tax rate in Keeler Farm?

Keeler Farm has an effective property tax rate of 0.454%, based on a median home value of $121,800 and median real estate taxes of $553. That is lower than the Luna County average of 0.576%.

What is the average home price in Keeler Farm?

The median owner-occupied home value in Keeler Farm, New Mexico is $121,800, against $112,500 across Luna County.

Is it cheaper to rent or buy in Keeler Farm?

Rent data is not published for Keeler Farm at this level of detail.

Sources & methodology

  • Median home value, real estate taxes, gross rent and population for Keeler Farm — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
  • Homeowners insurance — NAIC average premium for New Mexico.
  • Electricity price — EIA Electric Power Monthly Table 5.6.A.
  • Mortgage rate — Freddie Mac PMMS, refreshed weekly.
  • Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.

Full methodology