Santa Teresa, NM Real Estate

According to census data in the year 2000 there were 985 housing units in Santa Teresa.

Of those housing units, 707 were located in either urbanized areas or urban clusters, and 278 were located in what is classified as a rural area.

Homeownership rate in Santa Teresa is about 86.9%. Santa Teresa's vacancy rate, including seasonal lodging, is about 4.4%. Average household size is 2.77 people.

The majority of houses, apartments or condos in Santa Teresa were built after 1988.


Housing Size

Housing Units by Size
Studio Type0%
One Bedroom5.70%
Two Bedrooms18.20%
Three Bedrooms63.50%
Four Bedrooms9.70%
Five Bedrooms or more2.90%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.83
Median year structure was built1989
Median Value of occupied units$114,400
Median Price asked for vacant units$106,700

Rented Homes, Apartments and Condos

Average Household Size2.33
Median year structure was built1982

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7.20%
Home Equity Loan8.80%
Simple Mortgage73.70%
Debt Free10.30%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs18.3%