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Tesuque

NeighborhoodThe kind of area this report covers. Neighborhood areas nest inside each other, from broad districts down to small pockets.New Mexico
$825K
Median sale priceThe middle sale price each month, counting normal open-market sales. The average runs above the median when a few expensive sales pull it up. Bars show how many homes sold.
1
Sales (12 mo)How many homes sold here in the last 12 months. More sales make the other numbers more reliable.
$1.2M
Median valueThe middle estimated value of all homes here, not just the ones that recently sold.

Deed records through Apr 2024 · Quarterly intervals (lower sales volume)Counties take time to publish deeds, so the newest months can be incomplete and may shift as more records arrive.

Market Trends

Sale pricesThe middle sale price each month, counting normal open-market sales. The average runs above the median when a few expensive sales pull it up. Bars show how many homes sold.MedianSales
201820222024
Price per square footThe middle price per square foot, for sales where the size is known. It adjusts for homes being different sizes.$/ft²
201820222024
Annual turnover (share of homes sold)The share of all homes here that sold in the trailing 12 months. Higher turnover means a more liquid market where homes trade hands more often.Turnover
201820222024
Buyer mixWho is buying. Cash means no mortgage was recorded, investor means the buyer looked like an investor, and flip means the home resold within a year.CashInvestorFlip resale
201820222024
Financing (share of purchase price)For buyers who borrowed: the middle share of the price they financed, and the middle share they paid up front.Loan (LTV)Down payment
201820222024
Sellers who sold at a gainThe share of sellers each month who sold for more than they originally paid.Sold at gain
201820222024
Typical hold before sellingThe middle number of years sellers owned their home before selling.Median hold
201820222024
Median annualized return at resaleThe middle yearly gain sellers earned, spread across the years they owned the home. Only counts homes held at least a year.Annualized gain
201820222024
Preforeclosure filingsForeclosure notices filed each month. A rise can be an early sign that more owners are struggling. Auction stage counts the filings that reached a scheduled foreclosure auction.FilingsAuction stage
20172018201920202026

Housing Stock

HomesHow many homes we have records for in this area.601
Median value (AVM)The middle estimated value of all homes here, not just the ones that recently sold.$1.2M
Median sizeThe middle home size here, measured in square feet.2,148 ft²
Median bedroomsThe middle bedroom count for homes here.3
Median year builtThe middle build year for homes here. A recent year means most housing is newer.1983
Single familyThe share of homes here that are single-family houses.83%
CondosThe share of homes here that are condos.10.0%

Equity & Ownership

Equity rich (LTV ≤ 50%)The share of owners who owe half or less of what their home is worth, meaning they hold a lot of equity.79%
Underwater (LTV ≥ 125%)The share of owners who owe at least 25% more than their home is worth.1.8%
Owner occupiedThe share of homes lived in by their owner rather than rented out or left empty.48%
Company ownedThe share of homes owned by a company or trust instead of a person.29%
Median loan-to-valueThe middle share of home value still owed on loans across all owners here.20%
Typical ownership tenureHow long the typical owner here has held their home.9.4 yrs

CommunityThese are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.158
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.89
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.94

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.77%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.29%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.17%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.8%
PopulationHow many people live in this area.358
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.50 / mi²
Median household incomeThe middle household income here — half of households earn more, half earn less.$76K
Average household incomeThe average household income. It runs higher than the median when a few high earners pull it up.$112K
Average tempThe average temperature here across a full year.45°F
Annual precipHow much rain and melted snow falls here in a typical year.22 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.76%

Market metrics are derived from recorded arms-length deeds and refreshed nightly. Temperature blends price momentum, sales velocity, turnover and resale outcomes, ranked against all neighborhoods nationally.

How Tesuque compares

By median home value, Tesuque is the 10th most expensive of 29 neighborhoods in Santa Fe County, and its typical home is worth more than 88% of all homes in Santa Fe County.

Home values in Tesuque

Share of homes at each estimated value.

Median
$453K$4.4M
neighborhoods in Santa Fe County ranked by median home value
#Santa Fe CountyMedian valueHomes
1Old Santa Fe Trail$1.9M263
2Monte Sereno$1.8M174
3Las Campanas$1.8M1,094
4La Tierra$1.8M156
5Canyon$1.6M476
6Vista Encantada$1.5M384
7North West City North$1.4M968
8San Acacio$1.4M471
9Historic Santa Fe$1.3M847
10Tesuque$1.2M601
11South East County$1.1M462
12North Hills$984K3,587
13Southeast$955K530
14North West City South$948K1,394
15Old Las Vegas Corridor$794K702
16Sunlit Hills$760K303
17Don Gaspar$733K564
18San Mateo$721K714
19Downtown Santa Fe$615K1,299
20Arroyo Chamiso$593K1,950
21Don Diego$591K692
22La Cienega$576K1,626
23Rancho Viejo$563K1,409
24Santa Fe Estates$531K822

29 neighborhoods in Santa Fe County are ranked; the most valuable are listed here.

About the Tesuque market

What is the median home price in Tesuque, NM?

The median sale price in Tesuque, NM is $825,000 (data through April 2024), based on deeds recorded with the county.

How many homes sell in Tesuque, NM each year?

1 homes sold in Tesuque, NM over the last 12 months (data through April 2024). TopHap counts recorded arm's-length deeds, not listings, so the figure is not affected by which brokerage handled the sale.

How many homes are there in Tesuque, NM?

Tesuque, NM contains 601 residential properties, with a median of 2,148 square feet, 3 bedrooms, built around 1983. The median TopHap Estimate is $1.2M.

How does Tesuque, NM compare to the rest of Santa Fe County?

By median home value, Tesuque, NM is the 10th most expensive of 29 neighborhoods in Santa Fe County. Its typical home is worth more than 88% of all homes in Santa Fe County. Historic Santa Fe ranks just above it and South East County just below. The ranking is rebuilt nightly from the county assessor record of every home in each area.

Do people own or rent in Tesuque, NM?

48% of homes in Tesuque, NM are owner-occupied. 29% are held by a company rather than an individual.

How much equity do owners in Tesuque, NM hold?

79% of mortgaged homes in Tesuque, NM are equity-rich, meaning the loan balance is under half the home's value. 1.8% owe more than the home is worth.

Nearby markets

Browse addresses

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Explore Tesuque on the map

See every recorded sale, price heat map, school zone and flood overlay across Tesuque in TopHap’s interactive 3D map.

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A flyover of TopHap's photorealistic 3D map, with recorded sale prices pinned to homes
Search any address, city, zip, or county…3D$1.9M$6.25MOpen in map