The above shows an overview of the real estate market in Santa Teresa, NM. Note how the median home price for Santa Teresa, NM runs $153,000, which is 4% lower than the average property price for New Mexico. So you’re going to get real estate in Santa Teresa, NM that is on-average more affordable than what you’ll find in the rest of New Mexico. As for rent, the median for Santa Teresa, NM runs $760, which is comparatively 2% lower than the average rent for New Mexico. For Santa Teresa, NM, about 57.4% of the population consist of home owners with about 2.7 people living in each property on average. Whether you’re looking for condos or townhomes that are low-maintenance and affordable or sprawling mansions, Santa Teresa, NM offers a wide variety of real estate. To find your perfect home in Santa Teresa, NM, filter your choice by price, location, and number of beds and baths using the search area above.