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City / Town Overview

Santa Teresa, NM

Aggregate real estate market report across all ZIPs in scope
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Analysis

Data as of January 2026. Source: Realtor.com.

The Santa Teresa, NM real estate market currently shows 227 active listings, with 73 pending sales. Homes are averaging 45 days on the market before going under contract.

Inventory has increased compared to last year, with 116 more homes available — giving buyers more choice.

Homes are selling faster, averaging 45 days on market compared to 107 days last year.

The median listing price has risen 2.7% year-over-year, from $340,775 to $349,950.

Whether you are buying or selling in Santa Teresa, NM, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Temperature & Context

Hotness Score
21.8 / 100
Ranked #1,410 nationally   ▲ 34 vs. last year
Supply vs. Demand
Demand 27% Supply 73%
Elevated supply — more choice for buyers
33% fewer page views per listing vs. national avg
Market Context

Population: 11,771  ·  Density: 56.3/mi²  ·  Median household income: $68,192

Typical home value: $223,990  ·  Homeownership: 82.3%

Market temperature data: Realtor.com Research

Included Areas

Santa Teresa: 88008

Area Map

Market Overview

Active Listings
227
⇧ 104.5% vs 111 last year
Pending
73
32% pending ratio
Median Price
$349,950
⇧ 2.7% vs $340,775 last year
Average Price
$358,112
⇩ 4.4% vs $374,538 last year
Days on Market
45
⇩ 57.9% vs 107 days last year

Price Per Square Foot

Median $/sqft
$181
⇩ 2.2% vs $185/sqft last year
Median Home Size
1,962 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %