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88008 · Santa Teresa, NMLas Cruces, NM Change in typical home value since the start of the period, with each area's 12-month forecast (dashed) 88008 · Santa Teresa, NMLas Cruces, NM
| Measure | 88008 Santa Teresa, NM | Las Cruces, NM |
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| Typical home value | $312,953 | $287,943 |
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| Past year | ▼ 0.5% | ▼ 0.4% |
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| Past 5 years | ▲ 26.2% | ▲ 28.5% |
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| Next 12 months | ▲ 1.1%80% range −5% to +8% | ▲ 0.6%80% range −4% to +7% |
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| Typical rent | — | — |
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| Price-to-rent ratio | — | — |
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| Rank within metro | 39 of 100 | — |
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