Housing Prices in Santa Teresa, NM

How much do homes in Santa Teresa, NM cost?

Median List Price

$335,000

$183/sqft

Based on all homes listed in the last 12 months.

Difference Since December 2023

+$3,520(+1.1%)

Key Takeaway

The list price of homes in Santa Teresa has increased by 1.1% since last year.

Summary: The median home list price in Santa Teresa was $335,000 in December 2024, up 1.1% from the previous year, and the median price per square foot was $183.

Median List Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $225K$279.8K
+24.4%
3 $299K$310K
+3.7%
4 $339.9K$339.9K
0.0%
5+ $447.9K$444.9K
-0.7%

Summary: Santa Teresa housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 24.4%, 3 bedroom homes increased by 3.7%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 0.7%.

Median List Price Compared To Nearby Cities

El Paso Northwest
+6.7%
El Paso
+3.7%
Santa Teresa
+1.1%
Sunland Park
-6.9%

Housing Supply in Santa Teresa, NM

How many homes are available in Santa Teresa, NM?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
4247+11.9%

Summary: The Santa Teresa real estate market had 47 homes for sale in December 2024, a 11.9% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 1516
+6.7%
4 2527
+8.0%
5+ 12
+100.0%

Summary: The Santa Teresa housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 8%, and 5+ bedroom homes increased by 100%.

Days on Market for Santa Teresa, NM

How long does it take to sell a home in Santa Teresa, NM?

Average Listing Age

Dec 2023Dec 2024CHANGE
215 Days121 Days-43.5%

Summary: Homes in Santa Teresa had an average listing age of 121 days in Dec 2024, down by 43.5% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in Santa Teresa, NM

Nearby Markets to Santa Teresa, NM

What housing markets are near Santa Teresa, NM?