Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Tererro area can be challenging. Home prices in Tererro are now at a median cost of $12,019, lower than the New Mexico average of $199,923.
The average cost of rent is $639/mo in Tererro, primarily driven by the current value of real estate in the Tererro area. While nearly 72.14% of residents own their homes outright in Tererro, 0.28% rent.
Housing affordability isn’t just about home prices, though. The average household income in Tererro is $3,727 per month. Households that rent pay about 17.14% of their income on rent here. Tererro's most expensive areas are in the northern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- La Cueva, NM: higher priced homes
- Lower La Posada, NM: higher priced homes
- Los Pachecos, NM: higher priced homes
- Rio en Medio, NM: higher priced homes
- Upper Rociada, NM: higher priced homes
- Tesuque, NM: higher priced homes
- Tesuque Pueblo, NM: higher priced homes
- Rociada, NM: higher priced homes
- Mineral Hill, NM: higher priced homes
- Penasco Blanco, NM: higher priced homes
Cities with Similar Populations
- Flat Gap, VA: higher priced homes
- Wilbur Springs, CA: higher priced homes
- Winona, TN: higher priced homes
- Goffs, WV: higher priced homes
- Glenrock, NE: higher priced homes
- Frankfort Springs, PA: higher priced homes
- Four Buttes, MT: higher priced homes
- Fostoria, AL: higher priced homes
- Fort Robertson, PA: higher priced homes
- Fort Green, FL: higher priced homes
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