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Santa Teresa, NM Real Estate & Property Data

Santa Teresa Real Estate Market Trends

Last Updated: September 27, 2025

Accurate and comprehensive real estate data is critical for insight into Santa Teresa, NM 88008. ATTOM’s Santa Teresa real estate data is updated daily, and current market trends show that in Santa Teresa, NM a total of 109 residential properties have sold over the past year. With a median home price of $310,688 in Santa Teresa. Get detailed property data for Santa Teresa, NM instantly. ATTOM is your one-stop-shop for the Santa Teresa property reports and real estate data you need in Santa Teresa, NM.

Santa Teresa Real Estate Market Trends

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Total Residential Properties 3,542

Total Commercial Properties 63

Avg. Home Age (Single Family Home) 19 Years

Avg. Square Feet (Single Family Home) 1,872

Total 2025 Residential Sales (year-to-date) 52

% of Homes Seriously Underwater (Q3 2025) 1.1%

Total 2024 Residential Sales 95

% of Equity Rich Homes (Q3 2025) 33.98%

Effective 2024 Property Tax 0.92%

Total Foreclosure Filings (year-to-date) 12

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Santa Teresa, NM 88008 Real Estate Overview

There were 109 residential properties sold in the past year in Santa Teresa, NM 88008. The median home value in Santa Teresa, NM 88008 is $315,667. There are a total of 3,542 residential properties in the 88008.

Median Sales Price i

$310,688

(Jul 2025)

-2.9%

year-over-year

y-o-y

July '25 Jul '25 $310,688
June '25 Jun '25 $257,688
May '25 May '25 $323,962
April '25 Apr '25 $305,330
March '25 Mar '25 $300,000
February '25 Feb '25 $251,406
January '25 Jan '25 $313,866
December '24 Dec '24 $269,637
November '24 Nov '24 $324,476
October '24 Oct '24 $264,549
September '24 Sep '24 $330,486
August '24 Aug '24 $305,287

Median Down Payment i

$67,900

(Jul 2025)

+35.8%

year-over-year

y-o-y

July '25 Jul '25 $67,900
June '25 Jun '25 $48,750
May '25 May '25 $27,536
April '25 Apr '25 $10,693
March '25 Mar '25 $40,000
February '25 Feb '25 $50,281
January '25 Jan '25 $65,718
December '24 Dec '24 $10,416
November '24 Nov '24 $24,513
October '24 Oct '24 $50,000
September '24 Sep '24 $63,825
August '24 Aug '24 $31,250

Number of Homes Sold i

8

(Jul 2025)

-27.3%

year-over-year

y-o-y

July '25 Jul '25 8
June '25 Jun '25 4
May '25 May '25 13
April '25 Apr '25 9
March '25 Mar '25 7
February '25 Feb '25 5
January '25 Jan '25 6
December '24 Dec '24 15
November '24 Nov '24 3
October '24 Oct '24 4
September '24 Sep '24 9
August '24 Aug '24 15

Number of Purchase Loans i

7

(Jul 2025)

-12.5%

year-over-year

y-o-y

July '25 Jul '25 7
June '25 Jun '25 7
May '25 May '25 12
April '25 Apr '25 6
March '25 Mar '25 11
February '25 Feb '25 12
January '25 Jan '25 8
December '24 Dec '24 15
November '24 Nov '24 2
October '24 Oct '24 4
September '24 Sep '24 11
August '24 Aug '24 14

Number of REFI Loans i

8

(Jul 2025)

-20%

year-over-year

y-o-y

July '25 Jul '25 8
June '25 Jun '25 13
May '25 May '25 8
April '25 Apr '25 8
March '25 Mar '25 3
February '25 Feb '25 11
January '25 Jan '25 9
December '24 Dec '24 11
November '24 Nov '24 4
October '24 Oct '24 11
September '24 Sep '24 7
August '24 Aug '24 9

Number of HELOC Loans i

3

(Jul 2025)

+50%

year-over-year

y-o-y

July '25 Jul '25 3
June '25 Jun '25 3
May '25 May '25 1
April '25 Apr '25 2
March '25 Mar '25 1
February '25 Feb '25 2
January '25 Jan '25 N/A
December '24 Dec '24 1
November '24 Nov '24 N/A
October '24 Oct '24 2
September '24 Sep '24 N/A
August '24 Aug '24 N/A

Santa Teresa, NM 88008 Real Estate Market Overview

Last 30 days

Street
Street
Street

1
2
3

Santa Teresa, NM 88008 Foreclosure Activity

Total Foreclosure Filings i

July '25 Jul '25 N/A
June '25 Jun '25 1
May '25 May '25 3
April '25 Apr '25 3
March '25 Mar '25 2
February '25 Feb '25 2
January '25 Jan '25 1
December '24 Dec '24 2
November '24 Nov '24 1
October '24 Oct '24 2
September '24 Sep '24 N/A
August '24 Aug '24 N/A

Foreclosure Starts i

July '25 Jul '25 N/A
June '25 Jun '25 1
May '25 May '25 2
April '25 Apr '25 2
March '25 Mar '25 N/A
February '25 Feb '25 2
January '25 Jan '25 1
December '24 Dec '24 2
November '24 Nov '24 1
October '24 Oct '24 2
September '24 Sep '24 N/A
August '24 Aug '24 N/A

Completed Foreclosures (REOs) i

1

(Jul 2025)

July '25 Jul '25 1
June '25 Jun '25 1
May '25 May '25 N/A
April '25 Apr '25 N/A
March '25 Mar '25 N/A
February '25 Feb '25 N/A
January '25 Jan '25 N/A
December '24 Dec '24 N/A
November '24 Nov '24 N/A
October '24 Oct '24 N/A
September '24 Sep '24 N/A
August '24 Aug '24 N/A

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