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Featured local agent — Tesuque, NM

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Tesuque, NM

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Tesuque, NM(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Tesuque, NM Housing Market & Real Estate

Balanced market+42.4% YoY

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?

Balanced market12.0 months of supply

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?

Current housing market statistics for Tesuque, NM
MetricValue
Median sale price$3.20M
Median list price$4.17M
Year-over-year price change+42.4%
Active inventory12 listings
Months of supply12.0 months
Sale-to-list price ratio103.3%
Median price per sq ft$654/sq ft
Homes sold (latest month)1
New listings (latest month)2
Listings with a price cut33.3%
Market conditionBalanced 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.

Median price, price per square foot, homes sold and days on market by property type in Tesuque, NM
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$3.20M$654/sq ft1
Condo / Co-op$1.40M$654/sq ft142 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

Price drops:33.3%of listings
Sale-to-list:103.3%

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

Public

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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