House Prices

House Prices & Home Values Tererro, NM 2026


Average Data

average house price$823,574
average size per house2383 ft²
average price per ft²346 $ / ft²

06/25/2026 - The value range (VR) for house prices in Tererro, NM is $372/ sqft to $372/ sqft. An average home with 2383 sqft costs approximately $886,476 to $886,476. Tererro, NM includes 1 ZIP codes and it is located in San Miguel county. The lowest prices are found in ZIP 87573, while the highest are in ZIP 87573. The average price per sqare feet is $346. Our analysis is based on 19 property listings.

Avergage prices by ZIP codes Tererro

87573353 $ / ft²




Historical development of home values in Tererro

Year Estimated value (USD) Change vs. 2025
2010 $382,483 -53.6%
2011 $367,692 -55.4%
2012 $366,702 -55.5%
2013 $380,408 -53.8%
2014 $399,324 -51.5%
2015 $419,819 -49.0%
2016 $441,728 -46.4%
2017 $465,570 -43.5%
2018 $491,309 -40.3%
2019 $514,090 -37.6%
2020 $540,666 -34.4%
2021 $614,949 -25.3%
2022 $716,893 -13.0%
2023 $755,997 -8.2%
2024 $799,732 -2.9%
2025 $823,574 0.0%

Graph: estimated home values in Tererro over time (USD)



Example: 100% financing house in Tererro

Loan amount: $823,574

Interest rate: 6.00%

Fixed monthly payment: $4,937.74

Breakdown in the 1st month:
Interest portion: $4,117.87  –  Principal portion: $819.87

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $49,139.32 $10,113.59 $813,460.41
2 $48,515.54 $10,737.37 $802,723.05
3 $47,853.28 $11,399.63 $791,323.42
4 $47,150.18 $12,102.73 $779,220.69
5 $46,403.71 $12,849.20 $766,371.49
6 $45,611.20 $13,641.71 $752,729.78
7 $44,769.81 $14,483.10 $738,246.68
8 $43,876.52 $15,376.39 $722,870.29
9 $42,928.14 $16,324.77 $706,545.52
10 $41,921.26 $17,331.65 $689,213.87
11 $40,852.28 $18,400.62 $670,813.25
12 $39,717.37 $19,535.53 $651,277.71
13 $38,512.46 $20,740.44 $630,537.27
14 $37,233.24 $22,019.67 $608,517.60
15 $35,875.11 $23,377.79 $585,139.81
16 $34,433.22 $24,819.68 $560,320.13
17 $32,902.40 $26,350.51 $533,969.62
18 $31,277.16 $27,975.75 $505,993.87
19 $29,551.67 $29,701.23 $476,292.64
20 $27,719.77 $31,533.14 $444,759.50
21 $25,774.87 $33,478.03 $411,281.46
22 $23,710.02 $35,542.89 $375,738.57
23 $21,517.81 $37,735.09 $338,003.48
24 $19,190.39 $40,062.51 $297,940.97
25 $16,719.43 $42,533.48 $255,407.49
26 $14,096.05 $45,156.85 $210,250.63
27 $11,310.88 $47,942.03 $162,308.61
28 $8,353.92 $50,898.99 $111,409.62
29 $5,214.58 $54,038.33 $57,371.29
30 $1,881.62 $57,371.29 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Tererro, NM


1500 sqft3900 sqft
Ø selling price$627,990$1,335,906
Ø fast selling$570,900$1,202,316
Ø high price sale$685,080$1,469,497

In 2026, houses in Tererro, NM will be offered at an average price of $346 per square foot. A 1,500 sqft home priced at $627,990 is 21.78% more expensive per square foot than a 3,900 sqft home priced at $1,335,906. Home prices in Tererro, NM vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $924,859. Sellers who can wait longer may achieve a higher price of up to $1,130,383.


Discover Tererro, NM

Overview

Tererro, NM is a small mountain community nestled in the Upper Pecos Canyon of the Santa Fe National Forest.
Known for its cool alpine air, river views, and rustic cabins, Tererro offers a quiet base for exploring northern New Mexico.

Outdoor Recreation

Outdoor enthusiasts come for trout fishing on the Pecos River, scenic hiking to high-country meadows, and family-friendly camping at nearby campgrounds like Jack?s Creek and Cowles.
Trail options range from gentle creekside walks to challenging climbs into the Pecos Wilderness, with summer wildflowers and fall aspens delivering standout color.
Wildlife sightings, starry night skies, and photogenic canyon drives make Tererro a year-round favorite for photographers and nature lovers.

Getting There & When to Visit

Tererro sits along NM-63 north of the village of Pecos, roughly a scenic one-hour drive from Santa Fe depending on road and weather conditions.
Late spring through early fall offers the best mix of mild temperatures and open trails, while winter can bring snow, icy roads, and quiet solitude.
Pack layers and check forest and fire restrictions before you go, as mountain weather changes quickly in this part of New Mexico.

Local Tips

Cell service is limited in the canyon, so download maps in advance and carry essentials like water, sun protection, and a paper map.
Support local stops in Pecos and Tererro for supplies, fishing gear, and permits, and always practice Leave No Trace to keep the canyon pristine.



FAQ – Home Values in Tererro

What is the median home value in Tererro in 2026?

In 2026, the typical home value in Tererro is about $823,574 for an average home size of 2383 square feet. This corresponds to an average price of roughly $346 per square foot.

What is the average cost per square foot in Tererro?

In 2026, homes in Tererro sell for an average of around $346 per square foot, with a typical range between $372 and $372 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Tererro is about 2383 square feet, with an estimated 2026 value around $823,574.



Locations close to Tererro, NM

Tesuque, NM345 $ / ft²
Tierra Amarilla, NM195 $ / ft²
Tres Piedras, NM230 $ / ft²
Taos, NM296 $ / ft²
Serafina, NM248 $ / ft²
Santa Cruz, NM172 $ / ft²
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