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 November 2023

+$3,620(+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 November 2024, up 1.1% from the previous year, and the median price per square foot was $183.

Median List Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $225K$292.4K
+30.0%
3 $296.5K$299.9K
+1.2%
4 $339.9K$340K
0.0%
5+ $441.9K$439.9K
-0.5%

Summary: Santa Teresa housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 30%, 3 bedroom homes increased by 1.2%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 0.5%.

Median List Price Compared To Nearby Cities

El Paso Northwest
+6.2%
El Paso
+4.0%
Santa Teresa
+1.1%
Sunland Park
-9.5%

Housing Supply in Santa Teresa, NM

How many homes are available in Santa Teresa, NM?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4142+2.4%

Summary: The Santa Teresa real estate market had 42 homes for sale in November 2024, a 2.4% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1415
+7.1%
4 2525
0.0%
5+ 11
0.0%

Summary: The Santa Teresa housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 7.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Santa Teresa, NM

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

Average Listing Age

Nov 2023Nov 2024CHANGE
203 Days133 Days-34.6%

Summary: Homes in Santa Teresa had an average listing age of 133 days in Nov 2024, down by 34.6% compared to the previous year.

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

Report Updated 2 Days Ago

Newest Listings in Santa Teresa, NM

Nearby Markets to Santa Teresa, NM

What housing markets are near Santa Teresa, NM?