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Santa Fe, NM Housing Market

$571,750

0.8% 1-yr

The average Santa Fe, NM home value is $571,750, down 0.8% over the past year and goes to pending in around 44 days.

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Santa Fe Key Takeaways

Typical Home Values: $571,750

1-year Value Change: -0.8%

(Data through November 30, 2025)

Santa Fe Housing Market Overview

--1-year Market Forecast
812For sale inventory(December 31, 2025)
141New listings(December 31, 2025)
0.974Median sale to list ratio(November 30, 2025)
$716,510Median sale price(November 30, 2025)
$811,167Median list price(December 31, 2025)
7.1%Percent of sales over list price(November 30, 2025)
75.3%Percent of sales under list price(November 30, 2025)
44Median days to pending(December 31, 2025)
(Metric availability is based on market coverage and data)
How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Neighborhoods in Santa Fe

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$1,982Average rent in Santa Fe(December 31, 2025)
$1,901National average rent(December 31, 2025)
-0.3%Month-over-month change(December 31, 2025)
-0.0%Year-over-year change(December 31, 2025)
How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.

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