Santa Fe County, NM Home Values & Market Trends

The median home price in Santa Fe County, NM is $515,749.18. There were 2,248 home sales in Santa Fe County, NM over the past 12 months. The median residential Santa Fe County, NM home value for transactions over the previous year is $89,111.506. The number of current listings in Santa Fe County, NM is 103, and the percentage of properties for sale is 103.00%. The county has 26 foreclosures, 7 bank owned properties, 7 headed for auction, and 103 properties for sale.

Santa Fe County, NM Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Santa Fe

$ 585,000

$ 330/sqft

Lamy

$ --

$ --

Edgewood

$ 388,000

$ 187/sqft

Glorieta

$ --

$ --

Stanley

$ 271,578

$ 168/sqft

Santa Cruz

$ --

$ --

Cerrillos

$ 349,917

$ 305/sqft

Housing Market Summary for Santa Fe County, NM

Apr 2023March 2024Change
Median Listing Price$488.5K$554.1K13.44%
Median Sold Price$524.4K$554.1K5.67%
Homes For Sale921019.78%
Homes Sold1,2031,189-1.16%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Santa Fe County, NM

Santa Fe County, NM home values range from $20,742 to $21,146,153. Santa Fe is the priciest city with a median listing home price of $575,000, and Stanley is most affordable with average house prices of around $330,000.

Foreclosure
There are 7 cities within Santa Fe County, NM; within these cities, the median estimated home value for homes in foreclosure ranges from $254,762 in Santa Fe to the lowest value of $155,259 in Santa Fe. Foreclosure homes account for 0.00% of properties in Santa Fe County, NM with Santa Fe containing 22 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.02% of all residential properties in Santa Fe County, NM with Santa Fe containing 11 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 7 cities within Santa Fe County, NM; of those cities, the estimated home value for pre-foreclosure homes ranges from $1,125,078 in Santa Fe to the lowest home value of $155,259 in Santa Fe.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Santa Fe County, NM ranges from the highest value of $835,082 in Edgewood to the lowest value of $225,211 in Santa Fe. Bank owned homes and properties account for 0.01% of properties in Santa Fe County, NM. There are 7 cities within Santa Fe County, NM; Santa Fe containing 7 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Santa Fe has 4 auction properties, the highest number of properties going to auction in a single city in the state of Santa Fe County, NM. Auction homes and other auction properties account for 0.01% of all properties in Santa Fe County, NM. There are 7 cities within Santa Fe County, NM; of those cities, the median estimated home value for homes going to auction ranges from $523,996 in Santa Fe to the lowest value of $413,500 in Santa Fe.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.15% of residential properties in Santa Fe County, NM with Santa Fe containing 85 homes for sale, the highest number of listed properties in a single city. There are 7 cities within Santa Fe County, NM; homes for sale in those cities, have a range of median values from $375,000 in Cerrillos to the lowest value of $145,000 in Santa Fe.
    Sold Homes
    The median value for recently sold homes ranges from $227,904 in Santa Cruz to the lowest price of $41,481 in Santa Cruz. There are 7 cities within Santa Fe County, NM. Santa Fe has 1003 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.65% of properties in Santa Fe County, NM.

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      Guide for Santa Fe County, NM

      Market Reports
      Santa Fe Real Estate Values Pulse Through Highs and Lows: Report of 2023-2024 Trends
      gavel for real estate auction
      Home Buying Guides & Tips
      New Mexico Foreclosure Laws
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      Market Reports
      Tulsa Real Estate Rides Seasonal Wave: Property Values Dip to $272K in Early 2024
      See More Articles
      Santa Fe Real Estate Values Pulse Through Highs and Lows: Report of 2023-2024 Trends
      Market Reports|posted 17 April 2024

      This article describes the fluctuating real estate market of Santa Fe and neighboring cities from July 2023 to March 2024, focusing on property values, sale prices, and number of sold homes.

      gavel for real estate auction
      New Mexico Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Learn more about the New Mexico foreclosure laws, the NM judicial foreclosure process and timelines on RealtyTrac

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Tulsa Real Estate Rides Seasonal Wave: Property Values Dip to $272K in Early 2024
      Market Reports|posted 17 April 2024

      Tulsa’s real estate market shows sharp seasonal fluctuations, a high turnover rate, and a balance between higher-end and more affordable properties compared to its neighboring cities.

      Recently Listed Homes Santa Fe County, NM

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