Taos Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Taos averaged 6.51% for the week of 2023-09-21, compared to the national average of 7.19% for the same period.

The average rate for the prior week (2023-09-14) was 6.7% and one month ago for the week of 2023-08-17, the average rate was 6.81%.

Taos's average rate one year ago was 5.54%.

For refis of the same type during the week of 2023-09-21, the average rate was 7.19%.

Loan Type Date Rate
US 30 Year Fixed Rate 2023-09-21 7.19%
Taos 30 Year Fixed Rate 2023-09-21 6.51%
Taos 30 Year Fixed Rate Refi 2023-09-21 7.19%
Taos 15 Year Fixed Rate 2023-09-21 6.74%
Taos 15 Year Fixed Rate Refi 2023-09-21 6.64%
Taos 30 Year FHA 2023-09-21 7.14%
Taos 30 Year FHA Refi 2023-09-21 7.34%
Taos 30 Year USDA 2023-09-21 7.22%
Taos 30 Year USDA Refi 2023-09-21 7.12%
Taos 30 Year VA 2023-09-21 6.92%
Taos 30 Year VA Refi 2023-09-21 7.02%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Taos, NM.

Taos Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the Taos, NM market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
QUICKEN LOANS, LLC 86 4.50% $8,422
UNITED WHOLESALE MORTGAGE, LLC 26 5.40% $6,306
Flagstar Bank, FSB 25 4.93% $7,679
FINANCE OF AMERICA MORTGAGE LLC 20 5.20% $8,465
FIRST COMMUNITY MORTGAGE, INC. 12 4.23% $8,883
NUSENDA 11 4.56% $4,846
U.S. Bank 10 4.36% $4,742
Waterstone Mortgage Corporation 10 4.92% $7,524
JPMorgan Chase Bank 9 3.65% $4,623
Wells Fargo Bank 8 3.77% $6,759
LOANDEPOT.COM, LLC 7 4.13% $8,403
PENNYMAC LOAN SERVICES, LLC 7 3.91% $9,640
NBH Bank 7 4.87% $4,542
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 6 4.52% $8,062
BROKER SOLUTIONS, INC. 6 5.66% $9,304
CALIBER HOME LOANS, INC. 6 5.76% $5,216
FBC MORTGAGE, LLC 4 5.72% $12,348
Charles Schwab Bank, SSB 4 3.29% $4,163
21ST MORTGAGE CORPORATION 4 5.94% $6,690
BOKF 4 4.88% $6,439
City National Bank 3 4.20% $5,015
AMERISAVE MORTGAGE CORPORATION 3 4.38% $12,183
BETTER MORTGAGE CORPORATION 3 3.13% $7,819
CROSSCOUNTRY MORTGAGE, LLC 3 5.58% $9,132
GUARANTEED RATE, INC. 3 3.87% $6,738
Bell Bank 3 4.58% $9,112
Arvest Bank 2 3.19% $11,252
Washington Federal Bank 2 5.31% $13,637
Enterprise Bank & Trust 2 5.25% $7,804
KELLER MORTGAGE, LLC 2 3.50% $2,915
Wyndham Capital Mortgage, Inc. 2 3.38% $4,858
First United Bank and Trust Company 2 4.63% $6,750
ZILLOW HOME LOANS, LLC 2 3.31% $9,316
NBKC BANK 2 5.25% $6,537
PLAZA HOME MORTGAGE, INC. 2 4.50% $6,258
CHEVRON 2 3.19% $1,088
GENEVA FINANCIAL, LLC 2 5.25% $8,749
GUADALUPE CREDIT UNION 2 4.76% $2,516
SANDIA AREA 2 3.00% $5,030
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 2 6.25% $11,817
HOMEBRIDGE FINANCIAL SERVICES, INC. 2 6.00% $6,460
Sunflower Bank 2 4.63% $8,124
SANDIA LABORATORY 1 3.75% $1,929
STEARNS LENDING, LLC 1 3.75% $4,552
The Huntington National Bank 1 5.13% $4,957
UBS Bank USA 1 2.38% $6,167
UNION SQUARE 1 6.38% $6,755
Stride Bank 1 5.50% $11,354
AMCAP MORTGAGE, LTD. 1 5.63% $6,099
AMERICAN FINANCING CORPORATION 1 3.13% $4,287
BancorpSouth 1 3.13% $7,608
Bank of America 1 5.13% $6,517
Bank of the West 1 2.88% $2,924
BAY EQUITY LLC 1 3.75% $6,540
BMO Harris Bank 1 4.38% $3,385
CARDINAL FINANCIAL 1 3.75% $19,003
CHERRY CREEK MORTGAGE, LLC 1 3.13% $800
Commerce Home Mortgage, Inc. 1 4.38% $3,800
CORNERSTONE HOME LENDING, INC. 1 3.75% $7,357
DHI MORTGAGE COMPANY, LTD. 1 3.25% $6,641
Discover Bank 1 4.65% $0
First Federal Bank 1 6.50% $7,892
First Republic Bank 1 3.85% $4,098
FIRST TECHNOLOGY 1 4.25% $4,572
FREEDOM MORTGAGE CORPORATION 1 3.13% $1,433
Gateway First Bank 1 4.75% $6,032
Goldman Sachs Bank USA 1 4.00% $5,310
GUARANTEED RATE AFFINITY, LLC 1 3.99% $4,099
HOME POINT FINANCIAL CORPORATION 1 4.75% $9,468
HOMESIDE FINANCIAL, LLC 1 4.63% $5,184
InterBank 1 3.25% $4,423
Loan Simple, Inc. 1 6.38% $4,411
MEGASTAR FINANCIAL CORP. 1 3.38% $5,219
Morgan Stanley Private Bank 1 3.05% $9,173
MORTGAGE SOLUTIONS OF COLORADO, LLC 1 7.13% $8,436
MOUNTAIN AMERICA 1 4.63% $6,760
Mr. Cooper ( Nationstar Mortgage ) 1 6.13% $4,368
M&T Bank 1 4.25% $4,273
Nations Lending Corporation 1 3.63% $12,455
NATIONS RELIABLE LENDING, LLC 1 5.63% $5,178
NTFN, INC. 1 8.00% $10,049
Plains Commerce Bank 1 6.13% $10,109
PNC Bank 1 5.50% $3,815
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 3.25% $7,796
Raymond James Bank 1 3.50% $2,294
RELIANCE FIRST CAPITAL, LLC 1 3.38% $8,513
Renasant Bank 1 3.38% $5,650
ROYAL UNITED MORTGAGE LLC 1 5.50% $4,571
S1L, Inc. 1 4.25% $3,721

Taos Average Closing Costs & Other Stats

Taos, NM's 89 lenders originated 623 loans during 2022. The total origination value was $189,065,000, with an average loan value of $303,475.

Taos's average closing costs are $5,403.

The top Taos lender as defined by loan originations is QUICKEN LOANS, LLC, with 86 loans originated. Their average total fees are $8,422, which is $2,116 higher than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

The lowest fee Taos lenders (with over 10 loans originated) are U.S. Bank ($4,742), NUSENDA ($4,846), UNITED WHOLESALE MORTGAGE, LLC ($6,306), Waterstone Mortgage Corporation ($7,524) and Flagstar Bank, FSB ($7,679).

The lowest rate Taos lenders (with over 10 loans originated) are FIRST COMMUNITY MORTGAGE, INC. (4.23%), U.S. Bank (4.36%), QUICKEN LOANS, LLC (4.50%), NUSENDA (4.56%) and Waterstone Mortgage Corporation (4.92%).

Taos, NM Mortgage Market Share & Volume

Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

Name 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
QUICKEN LOANS, LLC $45,395,000 $32,685,000 -28.0% 17.3%
Flagstar Bank, FSB $13,805,000 $12,245,000 -11.3% 6.5%
UNITED WHOLESALE MORTGAGE, LLC $10,470,000 $11,855,000 13.2% 6.3%
FINANCE OF AMERICA MORTGAGE LLC $3,020,000 $7,925,000 162.4% 4.2%
NBH Bank $4,770,000 $6,490,000 36.1% 3.4%
JPMorgan Chase Bank $5,845,000 $5,475,000 -6.3% 2.9%
FIRST COMMUNITY MORTGAGE, INC. $9,470,000 $5,045,000 -46.7% 2.7%
U.S. Bank $3,995,000 $5,035,000 26.0% 2.7%
NUSENDA $9,375,000 $4,795,000 -48.9% 2.5%
Waterstone Mortgage Corporation $3,560,000 $4,005,000 12.5% 2.1%
Wells Fargo Bank $8,675,000 $3,895,000 -55.1% 2.1%
21ST MORTGAGE CORPORATION $2,570,000 $3,750,000 45.9% 2.0%
LOANDEPOT.COM, LLC $4,860,000 $2,975,000 -38.8% 1.6%
BOKF $1,615,000 $2,870,000 77.7% 1.5%
BROKER SOLUTIONS, INC. $585,000 $2,330,000 298.3% 1.2%
CROSSCOUNTRY MORTGAGE, LLC $295,000 $2,290,000 676.3% 1.2%
PENNYMAC LOAN SERVICES, LLC $1,560,000 $2,250,000 44.2% 1.2%
HOME POINT FINANCIAL CORPORATION $510,000 $2,165,000 324.5% 1.1%
CALIBER HOME LOANS, INC. $5,585,000 $2,110,000 -62.2% 1.1%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $2,360,000 $1,970,000 -16.5% 1.0%
City National Bank $2,745,000 $1,895,000 -31.0% 1.0%
Washington Federal Bank $345,000 $1,820,000 427.5% 1.0%
NAVY FEDERAL CREDIT UNION $510,000 $1,765,000 246.1% 0.9%
AMERISAVE MORTGAGE CORPORATION $2,900,000 $1,730,000 -40.3% 0.9%
FBC MORTGAGE, LLC $1,630,000 n/a 0.9%
Charles Schwab Bank, SSB $1,365,000 $1,560,000 14.3% 0.8%
GUARANTEED RATE, INC. $2,140,000 $1,520,000 -29.0% 0.8%
PLAZA HOME MORTGAGE, INC. $1,545,000 $1,475,000 -4.5% 0.8%
Bell Bank $1,300,000 $1,455,000 11.9% 0.8%
Mortgage Research Center, LLC $2,995,000 $1,455,000 -51.4% 0.8%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $2,790,000 $1,350,000 -51.6% 0.7%
Amarillo National Bank $590,000 $1,345,000 128.0% 0.7%
UBS Bank USA $5,600,000 $1,285,000 -77.1% 0.7%
BETTER MORTGAGE CORPORATION $3,435,000 $1,210,000 -64.8% 0.6%
Sunflower Bank $540,000 $1,175,000 117.6% 0.6%
STATE EMPLOYEES $780,000 $1,065,000 36.5% 0.6%
Bank of America $4,035,000 $1,055,000 -73.9% 0.6%
PNC Bank $835,000 $1,015,000 21.6% 0.5%
RELIANCE FIRST CAPITAL, LLC $995,000 n/a 0.5%
KELLER MORTGAGE, LLC $980,000 n/a 0.5%
MORTGAGE SOLUTIONS OF COLORADO, LLC $975,000 n/a 0.5%
GUADALUPE CREDIT UNION $950,000 n/a 0.5%
CHEVRON $125,000 $830,000 564.0% 0.4%
Gateway First Bank $1,335,000 $785,000 -41.2% 0.4%
Independent Bank $2,550,000 $785,000 -69.2% 0.4%
PRIMELENDING, A PLAINSCAPITAL COMPANY $305,000 $775,000 154.1% 0.4%
American Airlines Federal Credit Union $760,000 n/a 0.4%
Raymond James Bank $675,000 $735,000 8.9% 0.4%
Arvest Bank $720,000 n/a 0.4%
HOMEBRIDGE FINANCIAL SERVICES, INC. $720,000 n/a 0.4%
SANDIA LABORATORY $720,000 n/a 0.4%
First Republic Bank $715,000 n/a 0.4%
ZILLOW HOME LOANS, LLC $355,000 $700,000 97.2% 0.4%
First United Bank and Trust Company $1,010,000 $690,000 -31.7% 0.4%
American National Bank & Trust $680,000 n/a 0.4%
UNION SQUARE $675,000 n/a 0.4%
Morgan Stanley Private Bank $1,075,000 $645,000 -40.0% 0.3%
NATIONS RELIABLE LENDING, LLC $645,000 n/a 0.3%
NBKC BANK $245,000 $600,000 144.9% 0.3%
Plains Commerce Bank $335,000 $600,000 79.1% 0.3%
FIRST TECHNOLOGY $595,000 n/a 0.3%
GENEVA FINANCIAL, LLC $295,000 $590,000 100.0% 0.3%
BancFirst $585,000 n/a 0.3%
The Huntington National Bank $575,000 n/a 0.3%
CHERRY CREEK MORTGAGE, LLC $255,000 $570,000 123.5% 0.3%
Goldman Sachs Bank USA $545,000 n/a 0.3%
NEWREZ LLC $2,290,000 $535,000 -76.6% 0.3%
BMO Harris Bank $515,000 n/a 0.3%
Wyndham Capital Mortgage, Inc. $510,000 n/a 0.3%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $1,040,000 $500,000 -51.9% 0.3%
Alliance Bank Central Texas $495,000 n/a 0.3%
LAKEVIEW LOAN SERVICING, LLC $490,000 n/a 0.3%
First Federal Bank $485,000 n/a 0.3%
NOVA FINANCIAL & INVESTMENT CORPORATION $570,000 $485,000 -14.9% 0.3%
SOUTHWEST STAGE FUNDING, LLC $660,000 $460,000 -30.3% 0.2%
PENTAGON FEDERAL CREDIT UNION $175,000 $445,000 154.3% 0.2%
GUILD MORTGAGE COMPANY $350,000 $425,000 21.4% 0.2%
STEARNS LENDING, LLC $3,445,000 $425,000 -87.7% 0.2%
CORNERSTONE HOME LENDING, INC. $1,290,000 $415,000 -67.8% 0.2%
First United Bank $405,000 n/a 0.2%
GUARANTEED RATE AFFINITY, LLC $405,000 n/a 0.2%
Stride Bank $405,000 n/a 0.2%
Colonial Savings, F.A. $395,000 n/a 0.2%
FREEDOM MORTGAGE CORPORATION $1,785,000 $390,000 -78.2% 0.2%
NTFN, INC. $580,000 $385,000 -33.6% 0.2%
Prosperity Bank $385,000 n/a 0.2%
UNION HOME MORTGAGE CORP. $270,000 $385,000 42.6% 0.2%
BAY EQUITY LLC $415,000 $365,000 -12.0% 0.2%
BancorpSouth Bank $355,000 n/a 0.2%
FirstCapital Bank of Texas $855,000 $355,000 -58.5% 0.2%
First State Bank $1,960,000 $355,000 -81.9% 0.2%
Enterprise Bank & Trust $1,020,000 $350,000 -65.7% 0.2%
SANDIA AREA $320,000 n/a 0.2%
S1L, Inc. $305,000 $315,000 3.3% 0.2%
The Federal Savings Bank $315,000 n/a 0.2%
Carrington Mortgage Services, LLC $235,000 $310,000 31.9% 0.2%
Del Norte Credit Union $1,400,000 $310,000 -77.9% 0.2%
USAA Federal Savings Bank $105,000 $305,000 190.5% 0.2%
WRIGHT PATMAN CONGRESSIONAL FEDERAL CREDIT UNION $300,000 n/a 0.2%
Citadel Servicing Corporation $285,000 n/a 0.2%
Nations Lending Corporation $260,000 $285,000 9.6% 0.2%
PURDUE FEDERAL CREDIT UNION $285,000 n/a 0.2%
InterBank $275,000 n/a 0.1%
M&T Bank $275,000 n/a 0.1%
Mr. Cooper ( Nationstar Mortgage ) $645,000 $270,000 -58.1% 0.1%
AMCAP MORTGAGE, LTD. $805,000 $265,000 -67.1% 0.1%
LIMA ONE CAPITAL, LLC $255,000 n/a 0.1%
MID AMERICA MORTGAGE, INC. $785,000 $255,000 -67.5% 0.1%
Renasant Bank $255,000 n/a 0.1%
DHI MORTGAGE COMPANY, LTD. $245,000 n/a 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $625,000 $245,000 -60.8% 0.1%
Broadway National Bank $235,000 n/a 0.1%
CALCON MUTUAL MORTGAGE LLC $460,000 $235,000 -48.9% 0.1%
FINANCE OF AMERICA REVERSE LLC $225,000 n/a 0.1%
Jefferson Bank $225,000 n/a 0.1%
Discover Bank $215,000 n/a 0.1%
MOUNTAIN AMERICA $205,000 n/a 0.1%
Western Bank $205,000 n/a 0.1%
Loan Simple, Inc. $275,000 $195,000 -29.1% 0.1%
MEGASTAR FINANCIAL CORP. $195,000 n/a 0.1%
Commerce Home Mortgage, Inc. $195,000 $185,000 -5.1% 0.1%
Zions Bancorporation, N.A. $185,000 n/a 0.1%
Bank of the West $125,000 $175,000 40.0% 0.1%
Barrington Bank & Trust Company, N.A. $155,000 $175,000 12.9% 0.1%
HOMESIDE FINANCIAL, LLC $175,000 $175,000 0.0% 0.1%
Northpointe Bank $875,000 $175,000 -80.0% 0.1%
ON Q FINANCIAL, INC. $175,000 n/a 0.1%
ACADEMY MORTGAGE CORPORATION $165,000 n/a 0.1%
Figure Lending LLC $145,000 n/a 0.1%
AMERICAN FINANCING CORPORATION $285,000 $115,000 -59.6% 0.1%
Kirtland Federal Credit Union $255,000 $105,000 -58.8% 0.1%
LEGACY MORTGAGE LLC $785,000 $105,000 -86.6% 0.1%
MidFirst Bank $105,000 n/a 0.1%
QUORUM FEDERAL CREDIT UNION $105,000 n/a 0.1%
CHARTWAY FEDERAL CREDIT UNION $75,000 n/a 0.0%
ROYAL UNITED MORTGAGE LLC $95,000 $65,000 -31.6% 0.0%

Taos's top lender by overall market share is QUICKEN LOANS, LLC, with 17.3% market share. In second place, with 6.5%, is Flagstar Bank, FSB, having originated $12,245,000 in loans. In third place, with 6.3%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $11,855,000 in loans. In fourth place, with 4.2%, is FINANCE OF AMERICA MORTGAGE LLC, having originated $7,925,000 in loans. In fifth place, with 3.4%, is NBH Bank, having originated $6,490,000 in loans.


Taos Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - Taos (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $387,000 (11.5%) $575,023 (14.7%) 0.00 288
2018-02-01 $387,000 (11.5%) $653,225 (31.4%) 0.00 279
2018-03-01 $377,000 (11.2%) $638,152 (30.1%) 0.00 287
2018-04-01 $368,475 (11.7%) $632,431 (31.8%) 0.00 305
2018-05-01 $377,500 (10.4%) $570,837 (21.3%) 0.00 329
2018-06-01 $399,000 (15.5%) $577,257 (21.5%) 0.00 364
2018-07-01 $399,000 (14.0%) $579,361 (23.7%) 0.00 394
2018-08-01 $394,000 (12.6%) $567,280 (23.2%) 0.00 418
2018-09-01 $389,000 (11.2%) $579,888 (26.1%) 0.00 426
2018-10-01 $390,000 (10.2%) $580,198 (22.3%) 0.00 400
2018-11-01 $399,000 (9.4%) $619,816 (21.3%) 0.00 370
2018-12-01 $399,000 (8.1%) $662,432 (29.7%) 0.00 344
2019-01-01 $397,500 (2.7%) $688,867 (19.8%) 0.00 314
2019-02-01 $393,750 (1.7%) $582,338 (-10.9%) 0.00 309
2019-03-01 $388,357 (3.0%) $565,494 (-11.4%) 0.00 309
2019-04-01 $380,607 (3.3%) $542,271 (-14.3%) 0.00 313
2019-05-01 $379,000 (0.4%) $517,341 (-9.4%) 0.00 346
2019-06-01 $380,000 (-4.8%) $521,488 (-9.7%) 0.00 368
2019-07-01 $377,000 (-5.5%) $533,929 (-7.8%) 0.00 387
2019-08-01 $375,682 (-4.7%) $535,953 (-5.5%) 0.00 393
2019-09-01 $376,705 (-3.2%) $540,404 (-6.8%) 0.00 396
2019-10-01 $388,000 (-0.5%) $548,417 (-5.5%) 0.00 393
2019-11-01 $399,000 (0.0%) $579,685 (-6.5%) 0.00 350
2019-12-01 $399,000 (0.0%) $575,971 (-13.1%) 0.00 334
2020-01-01 $414,863 (4.4%) $596,980 (-13.3%) 0.00 281
2020-02-01 $399,000 (1.3%) $593,996 (2.0%) 0.00 282
2020-03-01 $403,500 (3.9%) $597,253 (5.6%) 0.00 277
2020-04-01 $399,000 (4.8%) $587,423 (8.3%) 0.00 267
2020-05-01 $410,725 (8.4%) $582,237 (12.5%) 0.00 267
2020-06-01 $425,000 (11.8%) $581,714 (11.6%) 0.00 263
2020-07-01 $427,000 (13.3%) $590,861 (10.7%) 0.00 262
2020-08-01 $448,000 (19.3%) $642,000 (19.8%) 0.00 227
2020-09-01 $487,500 (29.4%) $675,912 (25.1%) 0.00 208
2020-10-01 $495,000 (27.6%) $727,686 (32.7%) 0.00 204
2020-11-01 $496,000 (24.3%) $715,464 (23.4%) 0.00 165
2020-12-01 $464,000 (16.3%) $675,492 (17.3%) 0.00 157
2021-01-01 $445,000 (7.3%) $699,586 (17.2%) 0.00 135
2021-02-01 $458,225 (14.8%) $731,725 (23.2%) 0.00 113
2021-03-01 $492,000 (21.9%) $779,721 (30.6%) 0.00 105
2021-04-01 $497,000 (24.6%) $802,136 (36.6%) 0.00 117
2021-05-01 $459,000 (11.8%) $747,145 (28.3%) 0.00 119
2021-06-01 $449,250 (5.7%) $718,325 (23.5%) 0.00 148
2021-07-01 $465,000 (8.9%) $707,593 (19.8%) 0.00 163
2021-08-01 $470,950 (5.1%) $718,000 (11.8%) 0.00 163
2021-09-01 $450,750 (-7.5%) $715,159 (5.8%) 0.00 147
2021-10-01 $495,000 (0.0%) $807,810 (11.0%) 0.00 137
2021-11-01 $478,500 (-3.5%) $796,493 (11.3%) 0.00 117
2021-12-01 $492,000 (6.0%) $781,432 (15.7%) 0.00 111
2022-01-01 $479,000 (7.6%) $780,874 (11.6%) 0.00 99
2022-02-01 $505,500 (10.3%) $816,870 (11.6%) 0.00 83
2022-03-01 $478,500 (-2.7%) $772,132 (-1.0%) 0.00 91
2022-04-01 $496,500 (-0.1%) $801,824 (0.0%) 0.00 90
2022-05-01 $572,000 (24.6%) $812,921 (8.8%) 0.00 98
2022-06-01 $582,750 (29.7%) $794,220 (10.6%) 0.00 115
2022-07-01 $609,000 (31.0%) $849,758 (20.1%) 0.00 139
2022-08-01 $605,125 (28.5%) $845,555 (17.8%) 0.00 157
2022-09-01 $565,000 (25.4%) $805,298 (12.6%) 0.00 162
2022-10-01 $585,000 (18.2%) $758,542 (-6.1%) 0.00 162
2022-11-01 $549,125 (14.8%) $728,867 (-8.5%) 0.00 171
2022-12-01 $584,500 (18.8%) $763,475 (-2.3%) 0.00 162
2023-01-01 $572,000 (19.4%) $756,416 (-3.1%) 0.00 146
2023-02-01 $569,750 (12.7%) $743,733 (-9.0%) 0.00 137
2023-03-01 $570,750 (19.3%) $756,214 (-2.1%) 0.00 129
2023-04-01 $564,500 (13.7%) $733,153 (-8.6%) 0.00 137
2023-05-01 $559,000 (-2.3%) $727,269 (-10.5%) 0.00 132
2023-06-01 $597,000 (2.5%) $740,640 (-6.8%) 0.00 152
2023-07-01 $579,500 (-4.8%) $732,033 (-13.9%) 0.00 168
2023-08-01 $617,500 (2.1%) $802,919 (-5.0%) 0.00 166
Taos's median listing price for 2023-08-01 was $617,500, a difference of $12,375 (2.1%) versus the prior year and $38,000 versus the prior month.

Taos's median listing price comes in at 0% of the national average.

Taos's average listing price for 2023-08-01 was $802,919, a difference of $-42,636 (-5.0%) versus the prior year and $70,886 versus the prior month.

For the 2023-08-01 period, Taos had 166 MLS listings, a difference of -2 listings (-1%) versus the prior month and 9 listings (6%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Taos (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,905 sqft
2018-02-01 0 days 1,907 sqft
2018-03-01 0 days 1,848 sqft
2018-04-01 0 days 1,800 sqft
2018-05-01 0 days 1,874 sqft
2018-06-01 0 days 1,900 sqft
2018-07-01 0 days 1,900 sqft
2018-08-01 0 days 1,834 sqft
2018-09-01 0 days 1,800 sqft
2018-10-01 0 days 1,800 sqft
2018-11-01 0 days 1,800 sqft
2018-12-01 0 days 1,800 sqft
2019-01-01 0 days 1,800 sqft
2019-02-01 0 days 1,800 sqft
2019-03-01 0 days 1,800 sqft
2019-04-01 0 days 1,800 sqft
2019-05-01 0 days 1,815 sqft
2019-06-01 0 days 1,843 sqft
2019-07-01 0 days 1,853 sqft
2019-08-01 0 days 1,830 sqft
2019-09-01 0 days 1,830 sqft
2019-10-01 0 days 1,848 sqft
2019-11-01 0 days 1,869 sqft
2019-12-01 0 days 1,866 sqft
2020-01-01 0 days 1,891 sqft
2020-02-01 0 days 1,881 sqft
2020-03-01 0 days 1,862 sqft
2020-04-01 0 days 1,813 sqft
2020-05-01 0 days 1,857 sqft
2020-06-01 0 days 1,832 sqft
2020-07-01 0 days 1,908 sqft
2020-08-01 0 days 2,000 sqft
2020-09-01 0 days 2,004 sqft
2020-10-01 0 days 2,149 sqft
2020-11-01 0 days 2,158 sqft
2020-12-01 0 days 1,954 sqft
2021-01-01 0 days 1,896 sqft
2021-02-01 0 days 2,006 sqft
2021-03-01 0 days 1,960 sqft
2021-04-01 0 days 1,891 sqft
2021-05-01 0 days 1,802 sqft
2021-06-01 0 days 1,889 sqft
2021-07-01 0 days 1,878 sqft
2021-08-01 0 days 1,826 sqft
2021-09-01 0 days 1,866 sqft
2021-10-01 0 days 1,878 sqft
2021-11-01 0 days 1,845 sqft
2021-12-01 0 days 1,912 sqft
2022-01-01 0 days 1,869 sqft
2022-02-01 0 days 1,888 sqft
2022-03-01 0 days 1,880 sqft
2022-04-01 0 days 1,878 sqft
2022-05-01 0 days 1,933 sqft
2022-06-01 0 days 1,800 sqft
2022-07-01 0 days 1,966 sqft
2022-08-01 0 days 1,950 sqft
2022-09-01 0 days 1,895 sqft
2022-10-01 0 days 1,881 sqft
2022-11-01 0 days 1,809 sqft
2022-12-01 0 days 1,943 sqft
2023-01-01 0 days 1,923 sqft
2023-02-01 0 days 1,926 sqft
2023-03-01 0 days 1,968 sqft
2023-04-01 0 days 1,958 sqft
2023-05-01 0 days 1,945 sqft
2023-06-01 0 days 2,000 sqft
2023-07-01 0 days 1,918 sqft
2023-08-01 0 days 1,933 sqft
Taos's median listing age (time on market) for 2023-08-01 was 0 days.

Taos's median square footage for active listings during the 2023-08-01 period was 1,933 sqft. One year prior, the average listing was 1,950 sqft.

Taos, NM Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 384 $137,890,000 $359,089
Cash Out Refi 119 $29,005,000 $243,739
Refi 72 $15,880,000 $220,556
Home Improvement 26 $2,640,000 $101,538
Other 22 $3,650,000 $165,909

Taos's most frequently cited loan purpose was Home Purchase, with 384 originations. The 2nd most popular reason was Cash Out Refi, with 119 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
3-4% 174 $56,180,000 $322,874
5-6% 134 $41,180,000 $307,313
4-5% 105 $33,435,000 $318,429
6-7% 78 $22,040,000 $282,564
2.5-3% 53 $17,355,000 $327,453
7-8% 27 $7,335,000 $271,667
<2.5% 26 $7,310,000 $281,154
Over 8% 22 $2,790,000 $126,818

During 2022, Taos's most frequently originated rate bucket was 3-4%, with 174 originations.

Loan Sizing (Taos, NM MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 284 $82,700,000 $291,197
$100k-200k 139 $21,225,000 $152,698
$400k-600k 102 $49,390,000 $484,216
$100,000 or less 58 $3,470,000 $59,828
$600k-1000k 33 $23,315,000 $706,515
$Over $1MM 7 $8,965,000 $1,280,714

Taos's loan sizing saw the bucket of loans from $200k-400k with 284 originations, totaling $82,700,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 205 $71,965,000 $351,049
60-80% 199 $71,815,000 $360,879
40-60% 109 $30,465,000 $279,495
20-40% 55 $8,165,000 $148,455
Under 20% 40 $2,790,000 $69,750
Over 100% 4 $1,050,000 $262,500

Taos's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 205 originations, totaling $71,965,000 in origination value.