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Tesuque

Learn about the people, housing, costs and businesses in Tesuque, New Mexico

Median Home$644,480
Median Rent$1,066/month
Population1,034
Leading IndustriesHealthcare · Arts, Food & Hospitality · Manufacturing29% healthcare
Home Value Growth⬆⬆⬆+24.3% over 2 years
Retirees49% of residentstop 1% nationally
Homeowners79% of occupied units
NotableTransit84/100 · excellent transit access
Tesuque
NM

Frequently Asked Questions

What are today's mortgage rates in Tesuque?

As of today, the 30-year fixed mortgage rate for Tesuque is approximately 6.800% (6.833% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Tesuque?

The median home value in Tesuque is $644k. The median monthly rent is $1,066. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Tesuque?

Home values in Tesuque have increased 24.3% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Tesuque?

Based on a typical all-in ownership cost of $1,110/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $48k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Tesuque is $79k/year.

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What industries drive the economy in Tesuque?

The largest employment sectors in Tesuque are healthcare (29%) and arts, food, and hospitality (24%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.