Tesuque, NM Foreclosures
How much do homes sell for in Tesuque, NM?
The average home price is currently $966,107.
In Tesuque, NM, how many homes are available?
There are currently 54 active home listings available in Tesuque.
What’s the average rental cost in Tesuque, NM?
The average rental price in Tesuque is $1,992.
What is the most expensive home in Tesuque?
The most expensive home sold in Tesuque had a price of $2,859,120.
What is currently the cheapest priced home in Tesuque, NM?
The cheapest home for sale in Tesuque is priced at $210,434.
Living in Tesuque, NM
Tesque, NM is a picturesque community known for its breathtaking natural landscapes and close proximity to Santa Fe. This tranquil area offers a unique blend of adobe charm and modern living, perfect for those seeking peace and outdoor activities. With local cultural events and a strong sense of community, Tesque is an ideal place to call home.
Current Market Conditions in Tesuque, NM
The real estate market in Tesque has shown resilience and growth over the past year, with increased demand for properties due to its serene environment and proximity to Santa Fe. Home prices have appreciated steadily, reflecting the value of living in a location surrounded by natural beauty. The community's unique offerings, such as art galleries and outdoor recreation, continue to attract both local buyers and those relocating from larger cities.
As of the latest trends, Tesque has a balanced market, providing a fair mix of available homes. Buyers are encouraged to act quickly as properties are often sold fast, especially those with desirable features such as large lots and scenic views. Sellers are seeing favorable conditions with most homes selling close to or above asking price.
Home Value Estimator For Tesuque, NM
There are currently 19 real estate properties
in Tesuque, NM,
with a median automated valuation model (AVM) price
of $714,074.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Tesuque, NM, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Tesuque, NM,
is $966,107.00, with the most expensive house
in Tesuque, NM, topping out
at $2,859,120.00 and the cheapest home
in Tesuque, NM,
clocking in at $210,434.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Tesuque, NM!
Rent Prices
In Tesuque, NM
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Tesuque, NM, is on
a rollercoaster ride. The
average rent price in Tesuque, NM,
is $1,992.00. Indeed, when looking to rent in
Tesuque, NM, you can expect to pay as little
as $1,520.00 or as much
as $2,680.00,
with the average rent median estimated to
be $1,880.00. The good news is that finding
an affordable and desirable property to rent in Tesuque, NM
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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