Updated May 2026 · Redfin · 3-month window
88008 Real Estate Market Update: Santa Teresa, NM, May 2026
The latest housing-market numbers for ZIP code 88008 in Santa Teresa, New Mexico, for May 2026, from the Redfin Data Center. ZIP-level figures are a rolling three-month window.
| Metric | Value | MoM | YoY |
|---|---|---|---|
| Median sale price | $345K | ▲ +2.8% | ▼ -0.6% |
| Days on market | 85 | • 0.0% | ▼ -20.9% |
| Homes for sale | 243 | ▼ -5.1% | ▲ +62.0% |
| Sale-to-list | 98.7% | ▼ -0.6% | ▼ -0.4% |
| Homes sold | 64 | ▲ +4.9% | ▲ +33.3% |
Figures from the Redfin Data Center ZIP-code tracker (rolling 3-month window, not seasonally adjusted). Verify against your MLS before posting. Not a valuation for a specific home.
What the 88008 numbers say
The 88008 ZIP in Santa Teresa is leveling off. The median sale price is $345,250, roughly flat year over year. The market has loosened: a typical listing now takes around 85 days to go under contract, with sellers getting 98.7% of list price.
Based on 64 recent sales, 88008 is currently an active market.
What this means if you sell in 88008
Use these figures to set expectations early. Lead a listing appointment with the median price and the 85-day pace, show the year-over-year direction, and frame 88008 as an active market. Buyers and sellers trust an agent who knows their exact ZIP, not just the metro average.
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Build the Santa Teresa post →Frequently asked: the 88008 housing market
- What is the median home price in ZIP 88008 (Santa Teresa, NM)?
- As of May 2026, the median sale price in ZIP 88008 is $345,250 (-0.6% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
- Is ZIP 88008 a buyer's or seller's market right now?
- ZIP 88008 is currently an active market, based on a 98.7% sale-to-list ratio, about 85 days on market for May 2026.
- How long do homes take to sell in ZIP 88008?
- A typical listing in 88008 goes under contract in about 85 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
- Where does this 88008 market data come from?
- All figures come from the Redfin Data Center ZIP-code market tracker, a rolling 3-month window refreshed monthly. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Redfin.
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Data: Redfin · Redfin Data Center (ZIP-code market tracker). Figures are a ZIP-level 3-month snapshot, not a valuation for a specific home.