Tesuque, NM has a housing median value of $771,400, which is significantly higher than the US house median value of $338,100. The growth in the housing market in Tesuque, NM has been impressive with a 1 year house appreciation rate of 15.22%, which is nearly double the 1 year house appreciation rate for the US which stands at 8.27%. This demonstrates that Tesuque is an attractive real estate market and that there is strong demand for homeownership in this area.
The median home cost in Tesuque is $771,400. Home appreciation the last 10 years has been 87.6%. Home Appreciation in Tesuque is up 15.7%.
Average Age of Homes
- The median age of Tesuque real estate is 51 years old
The Rental Market in Tesuque
- Renters make up 19.4% of the Tesuque population
- 0.3% of houses and apartments in Tesuque, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.