Find USDA Eligible Properties in Quay County

Looking to buy in Quay County, New Mexico?
Select from the list of cities below or use the search feature to find active property listings in a city where you would like to live.

Start your search for USDA loan eligible properties in the cities of Quay County, NM  
* cities most likely to have USDA loan eligible properties for sale.
  Select a City   Bard Endee Forrest Hargis Hassell* House Hudson Jordan Lesbia* Logan McAlister Montoya* Nara Visa Norton Obar Palomas Porter Quay Ragland* San Jon Sand Springs* Tucumcari Wheatland
Bard   •   Endee   •   Forrest   •   Hargis   •   Hassell   •   *House   •   Hudson   •   Jordan   •   Lesbia   •   *Logan   •   McAlister   •   Montoya   •   *Nara Visa• • •

  •   Norton   •   Obar   •   Palomas   •   Porter   •   Quay   •   Ragland   •   *San Jon   •   Sand Springs   •   *Tucumcari   •   Wheatland

There are 11 USDA backed residential loans in Quay county with an average loan balance of $73,582. Over 90% of the loans helped first time home buyers. Borrowers were an average age of 43 years old. The typical appraised home value was around $79,778. On average the rural home size purchased with this loan was approximately 1,647 SqFt. Quay county applies the standard USDA income limits to determine loan eligibility. For a household of upto 4 people the income limit is $90,300. For a household of between 5 and 8 people the income limit is increased to $119,200.

The size of Quay County is roughly 7,465 square kilometers. There are no geographical USDA loan restrictions in this county. The influence score for Quay County is 8. Look below for the interactive county level map illustration below for more details.

A USDA loan is a mortgage option available to eligible homebuyers that is sponsored by the United States Department of Agriculture to promote homeownership in rural communities. USDA Loans, sometimes called "RD Loans," offer 100% financing options on eligible rural properties. USDAProperties can help you find USDA properties in Quay County.

Interested in the geographic boundaries that define USDA Loan eligibility?
View the detailed USDA boundaries and read about general conditions of
Quay County, New Mexico
.

Quay County, located in the great state of New Mexico, was officially established on February 28, 1903, named in honor of Pennsylvania Senator Matthew Quay, a prominent Republican politician of the time. It is situated in the eastern part of the state and covers an area of 2,882 square miles. The county seat, Tucumcari, originally known as Ragtown, was renamed after Tucumcari Mountain in 1908, which itself derives its name from a Comanche word "Tukumukaru," meaning "place of ambush" or "rest."

The region holds a rich history that spans thousands of years, with its early inhabitants including the Clovis and Folsom Paleo-Indians, who left behind artifacts dating as far back as 7,000 BC. During the late 19th and early 20th centuries, Quay County witnessed an influx of European-American settlers who came to establish agricultural and ranching communities.

One fun fact about Quay County is its association with the legendary Route 66. Tucumcari was once known as the "Heart of the Mother Road" during the heyday of Route 66 in the mid-20th century. The famous highway, which stretches from Chicago, Illinois to Santa Monica, California, played a significant role in the development of the county, as it attracted travelers and businesses alike. Today, visitors can still experience a piece of this iconic era at the New Mexico Route 66 Museum and various vintage motels, diners, and other establishments that line the route through the county.