Santa Fe, NM housing market
The typical Santa Fe home is worth about $581,000, up 0.8% in a year, 83% above the New Mexico typical home. Homes typically sell in 55 days, below asking.
Home values, sales, trends and how Santa Fe compares with the towns next door — updated as new data is published.
Santa Fe at a glance
A seller's market
Supply is tight — about 3.7 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Typical home value, 2016–2026
Show as a table
| January | Santa Fe | New Mexico |
|---|---|---|
| 2017 | $317,000 | $178,000 |
| 2018 | $352,000 | $184,000 |
| 2019 | $368,000 | $193,000 |
| 2020 | $405,000 | $205,000 |
| 2021 | $454,000 | $229,000 |
| 2022 | $520,000 | $263,000 |
| 2023 | $551,000 | $287,000 |
| 2024 | $572,000 | $302,000 |
| 2025 | $582,000 | $313,000 |
| 2026 | $578,000 | $315,000 |
| August 2026 | $581,000 | $318,000 |
Santa Fe and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Santa Fe | $581K | +0.8% | 55 | $73,482 |
| La Cienega | — | — | — | $85,250 |
| Tres Arroyos | — | — | — | $87,841 |
| Tano Road | — | — | — | $183,162 |
| Santa Fe Foothills | — | — | — | $157,083 |
| Conejo | — | — | — | $111,908 |
| Tesuque | — | — | — | $55,865 |
7.9 years of income
The typical Santa Fe home costs about 7.9 years of the town's median household income, more than across New Mexico (5 years).
How Santa Fe ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Recent listings in Santa Fe
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.