The median home in Santa Teresa, New Mexico is valued at $313,679, down 0.5% year over year. Typical monthly rent is $1,668, producing a price-to-rent ratio of 15.7x — near the national average of 18x. Santa Teresa is part of the Las Cruces, NM metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$313,679

-0.5%

Rent$1,668/mo

Prices falling — better for buyers.

Affordability

Enter your income for Santa Teresa.

Income (annual)

Down Payment

$62,736 on $313,679

Example: $75,000 household income. Change it above to see your own.

Stretch30.9% of income

Above 28% but manageable with cuts.

PITI$1,929

P/I30.9%

Afford$285K

Gap-$29K

P&I $1,586Tax $209Ins $133

Renting $261/mo cheaper ($1,668 rent)6.50% 30yr, 20% down, county tax + NM ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in New Mexico

Compare Santa Teresa with other housing markets across New Mexico.

Lamy$810K Los Ranchos de Albuquerque$685K Corrales$684K Placitas$635K Arroyo Seco$620K Alto$569K Santa Fe$569K Los Alamos$568K

Full Las Cruces, NM analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Las Cruces, NM metro.

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Santa Teresa, NM