Santa Fe, NM Home Values & Market Trends
Real estate market trends reflect that there have been 1,784 transactions over the past year in Santa Fe. The median value for residential home transactions that occurred over the previous year is $717,728. The number of current listings in Santa Fe is 2,535, and the percentage of properties for sale in the city is 2535.00%. Santa Fe, NM currently has 13 properties in foreclosure, 7 bank owned properties, 6 properties headed for auction, and 2,535 properties for sale.
Santa Fe, NM Real Estate Market Overview
Housing Market Summary for Santa Fe, NM
| Oct 2025 | October 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $720K | $739K | 2.64% |
| Median Sold Price | $600.8K | $591.9K | -1.47% |
| Homes For Sale | 2,197 | 2,535 | 15.38% |
| Homes Sold | 609 | 1,016 | 66.83% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Santa Fe, NM
Browse Homes in Santa Fe, NM
Santa Fe home values range from $131,251 to $12,750,000. The median estimated value of a home in Santa Fe is $717,728. The median list price of a home is 739,000, and the total count of properties in the city is 3,564.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Santa Fe, NM with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 5 zips within Santa Fe, NM; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Santa Fe, NM ranges from the highest value of $1,352,203 in 87501 to the lowest value of $350,139 in 87505. Bank owned homes and properties account for 0.20% of properties in Santa Fe, NM. There are 5 zips within Santa Fe, NM; 87501 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions87507 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Santa Fe, NM. Auction homes and other auction properties account for 0.17% of all properties in Santa Fe, NM. There are 5 zips within Santa Fe, NM; of those zips, the median estimated home value for homes going to auction ranges from $407,621 in 87508 to the lowest value of $303,275 in 87508.
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More Real Estate Resources for Santa Fe, NM
Guide for Santa Fe, NM
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
