Santa Teresa, NM Housing Market
The Santa Teresa housing market is not very competitive. The median sale price of a home in Santa Teresa was $355K last month, up 3.0% since last year. The median sale price per square foot in Santa Teresa is $170, down 2.3% since last year.
Santa Teresa Housing Market Trends
In May 2025, Santa Teresa home prices were up 3.0% compared to last year, selling for a median price of $355K. On average, homes in Santa Teresa sell after 255 days on the market compared to 235 days last year. There were 3 homes sold in May this year, down from 15 last year.

How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Santa Teresa housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
- Multiple offers are rare.
- The average homes sell for about 1% below list price and go pending in around 173 days.
- Hot homescan sell for around list price and go pending in around 62 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 1% below list price and go pending in around 36 days.
- Hot homescan sell for around list price and go pending in around 10 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
- Multiple offers are rare.
- The average homes sell for about 3% below list price and go pending in around 90 days.
- Hot homescan sell for around list price and go pending in around 35 days.
Santa Teresa Migration & Relocation Trends
- Across the nation, 0.19% of homebuyers searched to move into Santa Teresa from outside metros.
- Los Angeles homebuyers searched to move into Santa Teresa more than any other metro followed by Phoenix and Visalia.
- 59% of Santa Teresa homebuyers searched to stay within the Santa Teresa metropolitan area.
- Las Vegas was the most popular destination among Santa Teresa homebuyers followed by Dallas and Austin.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Feb '25 - Apr '25 | ||
1 | 239 | ||
2 | 151 | ||
3 | 129 | ||
4 | 117 | ||
5 | 75 | ||
6 | 73 | ||
7 | 68 | ||
8 | 68 | ||
9 | 59 | ||
10 | 59 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Feb '25 - Apr '25 | ||
1 | 201 | ||
2 | 176 | ||
3 | 83 | ||
4 | 44 | ||
5 | 25 | ||
6 | 18 | ||
7 | 12 | ||
8 | 11 | ||
9 | 11 | ||
10 | 8 |
View houses in Santa Teresa that sold recently
Recently sold homes
- Unknown Last Sold Price3 beds2 baths1,666 sq ft5609 Wales Dr, Santa Teresa, NM 88008List Price—Sale to List—Days on Market137 days5609 Wales Dr, Santa Teresa, NM 88008
- Unknown Last Sold Price4 beds3 baths2,887 sq ft201 Moon Silver Ave, Santa Teresa, NM 88008List Price—Sale to List—Days on Market57 days201 Moon Silver Ave, Santa Teresa, NM 88008
- Unknown Last Sold Price4 beds2 baths1,602 sq ft846 Magnolia Park St, Sunland Park, NM 88008List Price—Sale to List—Days on Market75 days846 Magnolia Park St, Sunland Park, NM 88008
- Unknown Last Sold Price4 beds3 baths1,929 sq ft1127 Nickel Hill Ave, Santa Teresa, NM 88008List Price—Sale to List—Days on Market351 days1127 Nickel Hill Ave, Santa Teresa, NM 88008
- Unknown Last Sold Price4 beds2.5 baths1,703 sq ft6074 Silver Park St, Santa Teresa, NM 88008List Price—Sale to List—Days on Market31 days6074 Silver Park St, Santa Teresa, NM 88008
- Unknown Last Sold Price4 beds3 baths1,807 sq ft845 Magnolia Park, Sunland Park, NM 88063List Price—Sale to List—Days on Market281 days845 Magnolia Park, Sunland Park, NM 88063
- Unknown Last Sold Price4 beds2.5 baths1,824 sq ft1094 Gallium Ave, Santa Teresa, NM 88008List Price—Sale to List—Days on Market643 days1094 Gallium Ave, Santa Teresa, NM 88008
- Unknown Last Sold Price3 beds2 baths1,596 sq ft930 Gallium Ave, Sunland Park, NM 88063List Price—Sale to List—Days on Market82 days930 Gallium Ave, Sunland Park, NM 88063
See all recently sold homes in Santa Teresa.
See listings
Schools in Santa Teresa
- Elementary
- Middle
- High
GreatSchools Rating
6/10 Santa Teresa Elementary School Public • PreK-6 | 501 Students | 4 reviews |
Climate's impact on Santa Teresa housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Santa Teresa.
Flood Factor - Minor
Flood Factor

Fire Factor - Moderate
Fire Factor

Wind Factor - Minimal
Wind Factor

Heat Factor - Major
Heat Factor

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