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Featured local agent — Tesuque, NM
Sarah Mitchell
Compass Real Estate · Tesuque, NM
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Tesuque, NM Housing Market & Real Estate
Housing market overview · Updated monthly ·
$3.20Mmedian sale price
How is the Tesuque, NM housing market right now?
The median home sale price in Tesuque, NM is $3.20M, up 42.4% year-over-year with 12 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Tesuque a buyer's or seller's market?
Tesuque, NM is currently a balanced market, based on 12.0 months of supply. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
—
Average pace
Active listings
12
12.0 months supply
Sale-to-list
103.3%
Above asking
What does the Tesuque housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $3.20M |
| Median list price | $4.17M |
| Year-over-year price change | +42.4% |
| Active inventory | 12 listings |
| Months of supply | 12.0 months |
| Sale-to-list price ratio | 103.3% |
| Median price per sq ft | $654/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 2 |
| Listings with a price cut | 33.3% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Tesuque by property type?
How the Tesuque, NM market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $3.20M | $654/sq ft | 1 | — |
| Condo / Co-op | $1.40M | $654/sq ft | 1 | 42 days |
Source: Redfin · Updated monthly
The Tesuque housing market is currently classified as a balanced market with a median sale price of $3.20M. Prices have risen 42.4% compared to last year, indicating 12.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Tesuque
There are currently 12 homes listed for sale in Tesuque, New Mexico. The median listing price is $4.2M.
Active listings
12
Homes on market
Median list price
$4.2M
New this week
2
Newly listed
Who lives in Tesuque?
Population
1,087
Median income
$52,273/yr
Median age
67.7 years
Owner-occupied
69.4%
College grads
70.3%
Avg commute
19 min
Source: U.S. Census Bureau ACS
What is it like to live in Tesuque?
Tesuque is a community of approximately 1K residents with a median age of 67.7 years.The median household income is $52,273, which represents a working-class community with solid middle-income opportunities. 70.3% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 69.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 19 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Tesuque offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Tesuque?
1 schools tracked · 68 students
The largest public schools serving Tesuque, NM by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
TESUQUE ELEMENTARY
Grades PK-6 · 68 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Tesuque, NM?
Want a head-to-head view? Compare Tesuque side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Tesuque?
The median home sale price in Tesuque is $3.20M, up 42.4% from last year.
What is the median income in Tesuque?
The median household income is $52,273 per year.
Is Tesuque a buyer's or seller's market?
With 12.0 months of supply, Tesuque is currently a balanced market.
What is the median condo price in Tesuque?
The median condo/co-op sale price in Tesuque, NM is $1.40M, compared to $3.20M for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Tesuque?
The median single-family home price in Tesuque, NM is $3.20M (about $654 per square foot).
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