Housing in Santa Teresa, NM
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$375,000
Median List Price
$335,000
Price Per Sq Ft
$187
Days on Market
35
Active Inventory
43
Months of Supply
6.1
Buyer's market
Zillow Home Value
$313,679
ZHVI — January 2026
Zillow Rent Index
$1,668
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Off Market in 2 Weeks
36.4%
Sale-to-List Ratio
98.1%
Buyer's market
Market Activity
Source: RedfinHomes Sold
7
New Listings
9
Pending Sales
11
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$187
Median List $/SF
$208
Santa Teresa vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Santa Teresa is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$216,600
Median Rent
$1,259
Total Housing Units
2,264
Vacancy Rate
5.0%
Owner Occupied
68.7%
Renter Occupied
31.3%
Median Property Tax
$1,732
per year
Monthly Cost (w/ Mortgage)
$1,017
Housing Types
The current median sale price in Santa Teresa, NM is $375,000 according to Redfin data. Homes spend a median of 35 days on the market. 0.0% of homes sold above asking price. The market has 6.1 months of supply. The median price per square foot is $187. Zillow's observed rent index is $1,668/month. About 68.7% of housing units are owner-occupied. The median year homes were built is 1993. There are 2,264 total housing units.