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Tesuque Village Market (5749029633)Photo: Eugene Kim from San Francisco, USA · CC BY 2.0
Housing in Tesuque

14 homes sold in Tesuque in the last year, at a typical $2M

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, and a shortcut to every site where Tesuque homes are listed.

Homes sold
14
June 2025 to May 2026
Typical sale price
$2M
median, weighted by sales
Price per square foot
$620
New Mexico $219
Paid vs. asking
93.1%
14% sold over asking
For sale now
12
May 2026 · 1 sold that month
What sold · last 12 months

Houses are 71% of Tesuque’s sales, at a typical $2.4M

14 homes sold in the year to May 2026.

Houses$2.4M

typical sale · 10 sold in 12 months

Per square foot
$682NM $212
Days to sell
140
Sold over asking
20%
Listings with a price cut
17%
Fewer sales

Condos: 4 sold, typical $1.2M

Too few sales in 12 months for reliable figures.

8 years of sales

Fewer homes sell than before 2022, at 1.7 times the 2017 price

14 sales in the last year, against 27 in 2021 and a low of 16 in 2025. The typical sale went from $1.2M in 2017 to $2M.

Homes soldTypical sale price
012253750$1.2M$1.5M$1.9M$2.2M2014: 19 sold, typical $1M’142017: 19 sold, typical $1.2M2018: 23 sold, typical $914K’182019: 24 sold, typical $933K2020: 20 sold, typical $1.4M’202021: 27 sold, typical $1.4M2022: 20 sold, typical $1.6M’222025: 16 sold, typical $1.7MLast 12 months: 14 sold, typical $2MNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $2M buys in Tesuque

Houseat $682 a sq ft
The same money in New Mexicoat $212 a sq ft

Is this asking price fair?

Check a listing against what Tesuque homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

Rent or buy?

Owning the typical Tesuque home costs about $11,080 a month

Mortgage
Property tax
Insurance
Rent

Price: Tesuque’s typical sale, last 12 months. Property tax at Tesuque’s 0.3% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Tesuque is affordable on local pay is on Cost of living.

Before you buy in Tesuque

Five things worth knowing

0.3%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $2M home, about $6,490 a year.

Taxes vs. neighbors
B

Schools

The schools grade for Tesuque, from test results, graduation and how much students grow.

Schools in Tesuque
15 min

Typical commute

The average one-way trip to work for people who live in Tesuque.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Selling, or renting out?

Post your home to Tesuque, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Tesuque. People who follow the town see it, and so do people comparing Tesuque with their own town. No commission, no listing fee.

Questions about buying a home in Tesuque

What do homes sell for in Tesuque, NM?

14 homes sold in the year to May 2026 at a typical $2M, $620 a square foot.

Is Tesuque a buyer’s or seller’s market?

A buyer’s market: 12 homes were for sale in May 2026 and 1 sold, about 12 months of supply. Buyers paid 93.1% of asking on average, and 18% of listings cut their price.

How much are property taxes in Tesuque?

About 0.3% of a home’s value a year. On a $2M home that’s near $6,490.

Where can I see homes for sale in Tesuque?

Zillow, Redfin, Realtor.com and Homes.com all carry Tesuque’s MLS listings; the search links above open each one filtered to Tesuque.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).