Homes for Sale Under 400K in Santa Teresa, NM

108 Homes for Sale

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Santa Teresa, NM Housing Market Overview

Santa Teresa is a balanced market, giving buyers and sellers room to negotiate. With 10.3 months of supply and homes averaging 19 days on the market, you can make decisions without the pressure of a highly competitive market.

Status

Balanced Market

Days on Market

19

Inventory

41

Sep 2021Mar 2024Mar 2026

Median Home Price

$312,500Up 0.01%

In Mar 2026 · YoY

Sep 2021Mar 2024Mar 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
41 Up 0.21%
Newly Listed Homes
13 Up 5.50%
Months of Supply
10.3 Down 6.70%

Housing Demand

Homes Sold
4 Up 1.00%
Sale-to-List Ratio
98.5% Up 0.74%
Homes Sold Above List
0% Down 50.00%

30-yr fixed rate 6.23% · Data as of Mar 2026 · Source: Houzeo Research.

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  • mls-img
    Based on information from the Greater El Paso Association of REALTORS® (alternatively, from GEPAR) from the Multiple Listing Service through Oct 22, 2026, 3:46 PM. Neither the Board nor GEPAR guarantees or is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by the Board or GEPAR may not reflect all real estate activity in the market. Information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 Greater El Paso Association of Realtors.
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Santa Teresa, NM Housing Marketlink qauare
Homes Available icon

108

Homes Available

Median List Price icon

$ 312,500

Median List Price

Avg on Market icon

19 Days

Avg on Market

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