The Rancho Santa Teresa housing market is most competitive. The median sale price of a home in Rancho Santa Teresa was $1.6M last month, up 33.0% since last year. The median sale price per square foot in Rancho Santa Teresa is $932, up 23.8% since last year.
What is the housing market like in Rancho Santa Teresa today?
In March 2024, Rancho Santa Teresa home prices were up 33.0% compared to last year, selling for a median price of $1.6M. On average, homes in Rancho Santa Teresa sell after 8 days on the market compared to 23 days last year. There were 13 homes sold in March this year, up from 7 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,563,000
+33.0% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Rancho Santa Teresa, CA
$1,563,000
+33.0%
United States
To compare other locations to the Rancho Santa Teresa and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in San Jose add value to a home.
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How hot is the Rancho Santa Teresa housing market?
Rancho Santa Teresa is most competitive. Homes sell in 8 days.
0
100
99
Most Competitive
Redfin Compete Score™
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 9 months
Most homes get multiple offers, often with waived contingencies.
The average homes sell for about 8% above list price and go pending in around 8 days.
Hot homes
can sell for about 15% above list price and go pending in around 6 days.
Learn about schools in the Rancho Santa Teresa area
Elementary
Middle
High
GreatSchools Rating
7/10
Santa Teresa Elementary School
Public • K-6
561
Students
12 reviews
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Rancho Santa Teresa housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Rancho Santa Teresa.
Risk Factor
Flood Factor - Moderate
46% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Rancho Santa Teresa has a moderate risk of flooding. 496 properties in Rancho Santa Teresa are likely to be
severely affected
by flooding over the next 30 years. This represents 46% of all properties in Rancho Santa Teresa. Flood risk is increasing slower than the national average.
100% of properties are at risk of wildfire over the next 30 years
Fire Factor
Rancho Santa Teresa has a severe risk of wildfire. There are 1,999 properties in Rancho Santa Teresa that have some risk of being affected by wildfire over the next 30 years. This represents 100% of all properties in Rancho Santa Teresa.
Rancho Santa Teresa has minimal risk of severe winds over the next 30 years
Wind Factor
Rancho Santa Teresa has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.
57% of properties are at moderate
risk of heat over the next 30 years
Heat Factor
Rancho Santa Teresa has a moderate risk from heat. This is due to
"feels like" temperatures
increasing, and because 57% of homes in Rancho Santa Teresa have a Moderate Heat Factor®.
Rancho Santa Teresa is expected to see a 100% increase in the number of days over 95ºF over the next 30 years. Rancho Santa Teresa is expected to experience 6