Housing Prices in Santa Teresa, NM
How much do homes in Santa Teresa, NM cost?
Median List Price
$326,450
$172/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Key Takeaway
The list price of homes in Santa Teresa has increased by 2.5% since last year.
Summary: The median home list price in Santa Teresa was $326,450 in May 2024, up 2.5% from the previous year, and the median price per square foot was $172.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $236.9K | $259.9K | +9.7% |
| 3 Bedrooms | $280K | $292.4K | +4.4% |
| 4 Bedrooms | $330.2K | $340K | +3.0% |
| 5+ Bedrooms | $446.9K | $459.9K | +2.9% |
Summary: Santa Teresa housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.7%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 3%, and 5+ bedroom homes increased by 2.9%.
Median List Price Compared To Nearby Cities
| El Paso Northwest | $299.9K | $324.4K | +8.2% |
| El Paso | $244.9K | $263.8K | +7.7% |
| Santa Teresa | $318.5K | $326.4K | +2.5% |
| Sunland Park | $385.9K | $364.9K | -5.4% |
Housing Supply in Santa Teresa, NM
How many homes are available in Santa Teresa, NM?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 37 | 38 | +2.7% |
Summary: The Santa Teresa real estate market had 38 homes for sale in May 2024, a 2.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 10 | 12 | +20.0% |
| 4 Bedrooms | 22 | 22 | 0.0% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Santa Teresa housing inventory by bedroom type for May 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 20%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 20%.
Days on Market for Santa Teresa, NM
How long does it take to sell a home in Santa Teresa, NM?
Average Listing Age
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 114 Days | 121 Days | +6.0% |
Summary: Homes in Santa Teresa had an average listing age of 121 days in May 2024, up by 6% compared to the previous year.
The data relating to real estate for sale on this web site comes in part from the IDX Program of the Greater El Paso Association of REALTORS®. Real estate listings held by other brokerage firms are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing brokers.