Santa Teresa, NM Home Values & Market Trends
Real estate market trends reflect that there have been 104 transactions over the past year in Santa Teresa. The median value for residential home transactions that occurred over the previous year is $337,808. The number of current listings in Santa Teresa is 218, and the percentage of properties for sale in the city is 218.00%. Santa Teresa, NM currently has 7 properties in foreclosure, 0 bank owned properties, 2 properties headed for auction, and 218 properties for sale.
Santa Teresa, NM Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 88008 | $ 337,808 $ 181/sqft |
Housing Market Summary for Santa Teresa, NM
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $325K | $334.9K | 3.06% |
| Median Sold Price | $289.5K | $303.2K | 4.73% |
| Homes For Sale | 50 | 215 | 330.00% |
| Homes Sold | 22 | 55 | 150.00% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Santa Teresa, NM
Browse Homes in Santa Teresa, NM
Santa Teresa home values range from $176,060 to $1,434,280. The median estimated value of a home in Santa Teresa is $337,808. The median list price of a home is 334,950, and the total count of properties in the city is 292.
- Pre-ForeclosurePre-foreclosure homes account for 1.71% of all residential properties in Santa Teresa, NM with 88008 containing 5 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Santa Teresa, NM; of that zips, the estimated home value for pre-foreclosure homes ranges from $649,999 in 88008 to the lowest home value of $275,863 in 88008.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Santa Teresa, NM ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Santa Teresa, NM. There is 1 zips within Santa Teresa, NM; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions88008 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Santa Teresa, NM. Auction homes and other auction properties account for 0.68% of all properties in Santa Teresa, NM. There is 1 zips within Santa Teresa, NM; of that zips, the median estimated home value for homes going to auction ranges from $373,379 in 88008 to the lowest value of $328,392 in 88008.
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Guide for Santa Teresa, NM
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
