Union County, New Mexico has a 2026 one-unit conforming loan limit of $832,750, which is 6.8 times the county's median home value of $122,700, so a typical home there can be financed with a conforming (non-jumbo) loan; median household income is $46,694 (FHFA; Census ACS 2020–2024).
Data as of 2026. Source: FHFA 2026 conforming loan limits; U.S. Census Bureau ACS 2020–2024
| Item | Value |
|---|---|
| 1-unit limit (2026) | $832,750 |
| 2-unit limit | $1,066,250 |
| 3-unit limit | $1,288,800 |
| 4-unit limit | $1,601,750 |
| Median home value (ACS 2020–24) | $122,700 |
| New Mexico median home value | $248,100 |
| Limit ÷ median home value | 6.79× |
| Median household income | $46,694 |
| Median home value ÷ income | 2.6× |
| Population | 4,013 |
| Median property tax paid (owners) | $859 |
| Effective property tax rate (approx.) | 0.70% |
| Owner-occupied homes | 72.4% |
| Home value rank in New Mexico | 27 of 33 counties |
| Neighbor: Baca County, CO | limit $832,750; median home $122,900 |
| Neighbor: Las Animas County, CO | limit $832,750; median home $237,600 |
| Neighbor: Colfax County, NM | limit $832,750; median home $167,200 |
| Neighbor: Harding County, NM | limit $832,750; median home $70,000 |
| Neighbor: Quay County, NM | limit $832,750; median home $87,200 |
| Neighbor: Cimarron County, OK | limit $832,750; median home $98,600 |
| Neighbor: Dallam County, TX | limit $832,750; median home $151,400 |
| Neighbor: Hartley County, TX | limit $832,750; median home $262,500 |
Across New Mexico's 33 counties, FHFA's 2026 one-unit limits are $832,750 everywhere. Union County's median home value is 51% below the state median of $248,100 (rank 27 of 33). Among its 8 neighboring counties, Hartley County has the highest median home value ($262,500) and Harding County the lowest ($70,000); all share the same loan limit. Owners pay a median $859 a year in property tax, an effective rate of about 0.70% of home value.
County data: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (tables B25077, B19013, B01003, B25103, B25003). Neighbors: Census county adjacency file.
Related
- 2026 conforming loan limit: Union County, MS
- 2026 conforming loan limit: Union County, NC
- 2026 conforming loan limit: Union County, NJ
- 2026 conforming loan limit: Union County, OH
- 2026 conforming loan limit: Union County, OR
- 2026 conforming loan limit: Union County, PA
- 2026 conforming loan limit: Union County, SC
- 2026 conforming loan limit: Union County, SD
Last updated 2026-10-16. Data only, not financial or tax advice.