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Tesuque, NM Home Values and Rents
The median home value in Tesuque is $849,300, 3rd highest of 150 cities and towns in New Mexico. Median rent is $1,141 a month.
- Median home value
- $849,300
- 3rd of 150 in NM
- Median rent
- $1,141/mo
- ACS 2020-2024
- Price change, 1 year
- +0.8%
- County index, 2025
- Homeownership
- 72.7%
- NM: 70.0%
Home sale prices in the Santa Fe, NM area
Zillow median sale price, Sep 2026
$683,747-4.6% from a year earlier
Half of homes in the metro area sold for more and half for less. Zillow publishes sale prices for metro areas, not for single counties or cities.
Santa Fe County home price trend
FHFA annual House Price Index for Santa Fe County, 2000 = 100, compared with New Mexico
Show as a table
| Period | Santa Fe County |
|---|---|
| 2025 | 268 |
| 2024 | 266 |
| 2023 | 248 |
| 2022 | 236 |
| 2021 | 203 |
| 2020 | 181 |
| 2019 | 173 |
| 2018 | 160 |
| 2017 | 149 |
| 2016 | 145 |
| 2015 | 138 |
| 2014 | 133 |
| 2013 | 132 |
| 2012 | 131 |
| 2011 | 136 |
Over five years, Santa Fe County prices changed +48.3%, compared with +33.9% for New Mexico.
Source: Federal Housing Finance Agency · Last updated 07/01/2026
Housing at a glance
American Community Survey 2020-2024 5-year estimates, compared with New Mexico
- Median home value
- $849,300 · NM $248,100
- Median gross rent
- $1,141/mo · NM $1,067
- Home value to income
- 15.2 times the median household income ($55,865)
- Rent to income
- A year of median rent equals 25% of median household income
- Owner-occupied
- 72.7% of 681 households
- Housing units
- 878
- Vacancy rate
- 22.4%
- Median year built
- 1973
Fair Market Rents, FY2027
HUD rent standard for Santa Fe, NM MSA
| Unit size | Monthly rent |
|---|---|
| Studio | $1,260 |
| 1 bedroom | $1,413 |
| 2 bedrooms | $1,735 |
| 3 bedrooms | $2,134 |
| 4 bedrooms | $2,280 |
Frequently asked questions
- What is the median home value in Tesuque, NM?
- The median home value in Tesuque is $849,300, based on the American Community Survey 2020-2024 5-year estimates. The New Mexico median is $248,100.
- How much is rent in Tesuque?
- The median rent in Tesuque is $1,141 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,735.
- Are home prices going up in Tesuque?
- Home prices in Santa Fe County changed +0.8% over one year and +48.3% over five years, as of 2025.
- How does Tesuque compare with the rest of New Mexico?
- Tesuque has the 3rd highest median home value of 150 cities and towns with 1,000+ residents in New Mexico.