Santa Teresa, NM housing market
The typical Santa Teresa home is worth about $318,000, down 0.8% in a year, close to the New Mexico typical home.
Home values, sales, trends and how Santa Teresa compares with the towns next door — updated as new data is published.
Santa Teresa at a glance
Only 2 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Santa Teresa | New Mexico |
|---|---|---|
| 2017 | $201,000 | $178,000 |
| 2018 | $202,000 | $184,000 |
| 2019 | $211,000 | $193,000 |
| 2020 | $216,000 | $205,000 |
| 2021 | $234,000 | $229,000 |
| 2022 | $270,000 | $263,000 |
| 2023 | $297,000 | $287,000 |
| 2024 | $314,000 | $302,000 |
| 2025 | $319,000 | $313,000 |
| 2026 | $318,000 | $315,000 |
| August 2026 | $318,000 | $318,000 |
Santa Teresa and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Santa Teresa | $318K | −0.8% | — | $63,161 |
| Sunland Park | $227K | +1.1% | 105 | $62,814 |
5 years of income
The typical Santa Teresa home costs about 5 years of the town's median household income, about the same as across New Mexico (5).
How Santa Teresa ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.