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SANTA TERESA, NM 88008

Real Estate Market Report  ·  Doña Ana County
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The SANTA TERESA, NM real estate market (88008) currently shows 224 active listings, with 74 pending sales. Homes are averaging 70 days on the market before going under contract.

Inventory has increased compared to last year, with 123 more homes available — giving buyers more choice.

Homes are selling faster, averaging 70 days on market compared to 124 days last year.

The median listing price has risen 3.7% year-over-year, from $339,775 to $352,475.

Whether you are buying or selling in SANTA TERESA, NM, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 11,771  ·  Density: 56.3/mi²  ·  Median household income: $68,192

Typical home value: $223,990  ·  Homeownership: 82.3%

Market Overview

Active Listings
224
⇧ 121.8% vs 101 last year
Pending
74
33% pending ratio
Median Price
$352,475
⇧ 3.7% vs $339,775 last year
Average Price
$362,031
⇧ 1.2% vs $357,819 last year
Days on Market
70
⇩ 43.5% vs 124 days last year

Price Per Square Foot

Median $/sqft
$183
⇩ 1.6% vs $186/sqft last year
Median Home Size
1,950 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 224 this year vs 101 last year
  • Days on market: 70 now vs 124 last year

Median & Average Pricing

Year over Year
  • Median: $352,475 (+3.7% YoY)
  • Average: $362,031 (+1.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 24.4 miles — 967 listings ($356,276,881 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
88008Santa Teresa, NM 880080.0 mi227$81,291,424$349,950$358,112
88063Sunland Park, NM 880639.4 mi21$8,273,601$326,975$393,981
88021Anthony, NM 8802111.5 mi23$15,263,513$592,500$663,631
79912El Paso, TX 7991212.4 mi187$94,819,472$412,000$507,056
79902El Paso, TX 7990214.5 mi69$35,559,357$435,000$515,353
88027Chamberino, NM 8802715.4 mi1$213,500$213,500$213,500
79930El Paso, TX 7993016.1 mi52$15,839,304$223,950$304,602
79903El Paso, TX 7990317.8 mi42$10,656,450$235,000$253,725
79905El Paso, TX 7990518.9 mi34$6,316,962$184,475$185,793
79934El Paso, TX 7993420.3 mi216$61,884,432$280,975$286,502
79925El Paso, TX 7992522.3 mi63$16,530,129$255,000$262,383
88048Mesquite, NM 8804823.4 mi5$1,398,165$239,500$279,633
79935El Paso, TX 7993524.4 mi27$8,230,572$250,000$304,836

Frequently Asked Questions

How many homes are for sale in SANTA TERESA, NM 88008?

As of February 2026, there are 224 active listings in SANTA TERESA, NM (zip code 88008), compared to 101 the prior year.

What is the median home price in SANTA TERESA, NM 88008?

The median listing price in SANTA TERESA, NM 88008 is $352,475 as of February 2026, a 3.7% increase from $339,775 the prior year.

How long do homes stay on the market in SANTA TERESA, NM?

Homes in SANTA TERESA, NM 88008 spend an average of 70 days on the market before going under contract, compared to 124 days the prior year.

Is it a seller's or buyer's market in SANTA TERESA, NM 88008?

Based on current inventory and days-on-market data as of February 2026, SANTA TERESA, NM 88008 is currently a Balanced Market. Inventory has increased compared to last year, with 123 more homes available — giving buyers more choice. Homes are selling faster, averaging 70 days on market compared to 124 days last year.

How much can I save on real estate commission in SANTA TERESA, NM?

With SELL123.com's maximum 3% commission, sellers in SANTA TERESA, NM 88008 save an estimated $7,050 compared to a typical 5% commission on the median listing price of $352,475. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.