Housing in Santa Fe, NM
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$507,000
Median List Price
$549,500
Price Per Sq Ft
$330
Days on Market
88
Active Inventory
363
Months of Supply
4.7
Balanced market
Zillow Home Value
$569,059
ZHVI — January 2026
Zillow Rent Index
$1,958
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
6.5%
Off Market in 2 Weeks
20.3%
Sale-to-List Ratio
96.5%
Buyer's market
Market Activity
Source: RedfinHomes Sold
77
New Listings
92
Pending Sales
118
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$330
Median List $/SF
$349
Santa Fe vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 50,000 - 100,000 residents. Santa Fe is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$411,500
Median Rent
$1,380
Total Housing Units
45,529
Vacancy Rate
10.6%
Owner Occupied
62.8%
Renter Occupied
37.2%
Median Property Tax
$2,055
per year
Monthly Cost (w/ Mortgage)
$1,297
Housing Types
The current median sale price in Santa Fe, NM is $507,000 according to Redfin data. Homes spend a median of 88 days on the market. 6.5% of homes sold above asking price. The market has 4.7 months of supply. The median price per square foot is $330. Zillow's observed rent index is $1,958/month. About 62.8% of housing units are owner-occupied. The median year homes were built is 1985. There are 45,529 total housing units.