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TERERRO, NM 87573

Real Estate Market Report  ·  San Miguel County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The TERERRO, NM real estate market (87573) currently shows 1 active listings. Homes are averaging 186 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 186 days on market compared to 141 days last year.

The median listing price has risen 1527.5% year-over-year, from $349,000 to $5,680,000.

Whether you are buying or selling in TERERRO, 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 Context

Market Context

Population: 6  ·  Density: 0.0/mi²  ·  Median household income: $0

Typical home value: $0  ·  Homeownership: 0.0%

Market Overview

Active Listings
1
vs 1 last year
Pending
0
0% pending ratio
Median Price
$5,680,000
⇧ 1527.5% vs $349,000 last year
Average Price
$5,680,000
⇧ 1527.5% vs $349,000 last year
Days on Market
186
⇧ 31.9% vs 141 days last year

Price Per Square Foot

Median $/sqft
$840
⇧ 471.4% vs $147/sqft last year
Median Home Size
6,759 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 186 now vs 141 last year

Median & Average Pricing

Year over Year
  • Median: $5,680,000 (+1527.5% YoY)
  • Average: $5,680,000 (+1527.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 27.4 miles — 353 listings ($342,561,070 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
87573Tererro, NM 875730.0 mi1$5,680,000$5,680,000$5,680,000
87501Santa Fe, NM 875019.8 mi124$189,793,904$937,000$1,530,596
87535Glorieta, NM 8753514.3 mi4$2,390,000$597,500$597,500
87522Chimayo, NM 8752215.7 mi6$2,700,000$350,000$450,000
87732Mora, NM 8773217.7 mi1$780,000$780,000$780,000
87578Truchas, NM 8757819.3 mi2$1,825,000$912,500$912,500
87521Chamisal, NM 8752121.6 mi3$870,000$290,000$290,000
87543Llano, NM 8754323.1 mi1$2,150,000$2,150,000$2,150,000
87567Santa Cruz, NM 8756723.2 mi2$1,270,000$635,000$635,000
87507Santa Fe, NM 8750724.9 mi193$118,206,324$541,225$612,468
87565San Jose, NM 8756525.6 mi1$549,000$549,000$549,000
87511Alcalde, NM 8751126.2 mi1$125,000$125,000$125,000
87540Lamy, NM 8754027.4 mi14$16,221,842$992,500$1,158,703

Frequently Asked Questions

How many homes are for sale in TERERRO, NM 87573?

As of March 2026, there are 1 active listings in TERERRO, NM (zip code 87573), compared to 1 the prior year.

What is the median home price in TERERRO, NM 87573?

The median listing price in TERERRO, NM 87573 is $5,680,000 as of March 2026, a 1527.5% increase from $349,000 the prior year.

How long do homes stay on the market in TERERRO, NM?

Homes in TERERRO, NM 87573 spend an average of 186 days on the market before going under contract, compared to 141 days the prior year.

Is it a seller's or buyer's market in TERERRO, NM 87573?

Based on current inventory and days-on-market data as of March 2026, TERERRO, NM 87573 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 186 days on market compared to 141 days last year.

How much can I save on real estate commission in TERERRO, NM?

With SELL123.com's maximum 3% commission, sellers in TERERRO, NM 87573 save an estimated $113,600 compared to a typical 5% commission on the median listing price of $5,680,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.