Cost to Own
United StatesNew MexicoEddy CountyLa Huerta Population 1,673 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in La Huerta, New Mexico

A $422,000 home here costs

$3,086

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

A standard mortgage calculator would have told you $2,170. The real number is $917 higher every month — 42% more than the payment most buyers budget for.

La Huerta median: $421,600
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, $337,600 borrowed $2,170
Property tax0.527% effective rate for La Huerta itself $185
Homeowners insuranceNew Mexico averages $1,229/yr (NAIC), or 0.526% of home value $185
Electricity14.12¢/kWh — New Mexico residential average, EIA $127
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $352
Total monthly $3,086

La Huerta against Eddy County and New Mexico

MeasureLa HuertaEddy County
Median home value$421,600$199,400
Median property tax$2,221$995
Effective tax rate0.527%0.499%
Median gross rent$1,183
Population1,67361,114

The weather behind that power bill

La Huerta sits in Eddy County, which averages a high of 96.2°F in its hottest month and a low of 29.5°F in its coldest, with 12.05" of precipitation a year and 50% of it in a single three-month stretch. That climate drives 2,194 cooling and 2,756 heating degree days, which is what sets the $127 electricity line above.

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

Other cities in Eddy County

Full Eddy County cost breakdown · Every county in New Mexico

Common questions

How much does it cost to own a home in La Huerta?

A $422,000 home in La Huerta, New Mexico costs approximately $3,086 per month with 20% down at 6.66%. That is $2,170 principal and interest, $185 property tax, $185 homeowners insurance, $195 utilities and $352 set aside for maintenance.

What is the property tax rate in La Huerta?

La Huerta has an effective property tax rate of 0.527%, based on a median home value of $421,600 and median real estate taxes of $2,221. That is higher than the Eddy County average of 0.499%.

What is the average home price in La Huerta?

The median owner-occupied home value in La Huerta, New Mexico is $421,600, against $199,400 across Eddy County.

Is it cheaper to rent or buy in La Huerta?

Rent data is not published for La Huerta at this level of detail.

Sources & methodology

  • Median home value, real estate taxes, gross rent and population for La Huerta — 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