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ZIP 88008 in Santa Teresa, NM: housing market trends

The median home sale price in ZIP 88008 in Santa Teresa, NM was $329,893 for the three-month period ending September 2026. Sale prices were 2.5% lower than the same period one year earlier. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$329,893
three-month period ending September 2026
Median sale price per sq ft
$177.63
three-month period ending September 2026
Active listings
365
three-month period ending September 2026
Typical monthly rent
$1,722
Rent index · August 2026

How is housing inventory changing?

There were 365 active listings for the three-month period ending September 2026. Active listings were 112.2% higher than the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 66 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for ZIP 88008 in Santa Teresa, NM
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$329,893$177.63101
Single-familySeptember 2026$332,411$177.98100
TownhousesSeptember 2026$293,000$172.341 · small sample
Condos / co-opsSeptember 2026UnavailableUnavailableUnavailable
Multifamily (2–4 units)September 2026UnavailableUnavailableUnavailable

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for ZIP 88008 in Santa Teresa, NM
MarketMedian sale priceReporting period / source
Santa Teresa, NM$302,8063 months ending September 2026 · Redfin
Sunland Park, NM$335,8403 months ending September 2026 · Redfin
Anthony, NM$218,8963 months ending September 2026 · Redfin
La Mesa, NM$599,7143 months ending September 2026 · Redfin
Vado, NM$149,0003 months ending July 2026 · Redfin
Mesquite, NM$280,0003 months ending August 2026 · Redfin

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for ZIP 88008 in Santa Teresa, NM
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$329,893$177.63365
August 2026$335,723$179.96358
July 2026$344,575$181.87363
June 2026$349,950$179.60380
May 2026$346,335$179.60383
April 2026$336,610$179.70364
March 2026$335,000$187.50323
February 2026$341,275$187.50235
January 2026$363,423$184.33231
December 2025$360,000$178.02220
November 2025$360,000$178.06162
October 2025$346,990$180.00168
September 2025$338,275$187.50172
August 2025$319,990$181.26159
July 2025$343,775$187.07154
June 2025$342,525$180.74226
May 2025$347,450$185.81215
April 2025$354,950$178.27211
March 2025$344,950$176.94195
February 2025$344,950$176.35193
January 2025$343,975$175.78198
December 2024$337,500$180.31223
November 2024$351,950$175.04226
October 2024$350,000$179.58246

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

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