Santa Fe County, NM home prices
Santa Fe County, NM: the typical home is worth $558,898 as of 2026-05, up +0.1% over the past year and n/a since 2000. Listings run about $395/sq ft…
Santa Fe County is flat and overvalued — a stretch for what people here earn.
Real Estate Price Map scores, derived from the data on this page · how we calculate them
1975: $44,716 → 2026: $558,898 (12.5×) pre-2000 estimated via FHFA index
Market read
At $558,898, homes in Santa Fe County sit 142% above the New Mexico median ($231,172) and 139% above the US median ($233,954). That ranks #2 of 30 New Mexico counties by price.
Prices are holding steady (+0.1% in the last year) — a balanced market.
Homes here move at a steady pace — a median 57 days on the market, with 20% of listings cutting their asking price.
At 7.1× local income, that's pricier than the typical US county (~3.8×).
Against the typical US price-to-income and price-to-rent, homes here look ~59% expensive for local incomes and rents.
Renting looks cheaper — buying the typical home runs ~$2,759/mo (P&I, 20% down) vs $1,966/mo to rent.
Home value history
Zillow ZHVI, monthly from 2000 · recessions shaded. See the full 1975 history on the interactive map →
Nearby counties
Los Alamos County, NM ($584,419) · Bernalillo County, NM ($352,602) · Sandoval County, NM ($377,595) · San Miguel County, NM ($256,244) · Torrance County, NM ($230,249) · Valencia County, NM ($316,213)
Frequently asked questions
What is the average home price in Santa Fe County, NM?
Are home prices in Santa Fe County rising or falling?
Is Santa Fe County affordable?
What is the rental yield in Santa Fe County?
How fast do homes sell in Santa Fe County?
| Year | Median home value |
|---|---|
| 2002 | $223,741 |
| 2003 | $236,391 |
| 2004 | $262,622 |
| 2005 | $293,088 |
| 2006 | $323,881 |
| 2007 | $345,211 |
| 2008 | $358,268 |
| 2009 | $329,950 |
| 2010 | $302,859 |
| 2011 | $282,032 |
| 2012 | $268,579 |
| 2013 | $274,376 |
| 2014 | $287,614 |
| 2015 | $292,385 |
| 2016 | $302,943 |
| 2017 | $323,478 |
| 2018 | $336,239 |
| 2019 | $372,689 |
| 2020 | $402,542 |
| 2021 | $469,403 |
| 2022 | $538,068 |
| 2023 | $539,162 |
| 2024 | $560,725 |
| 2025 | $558,154 |
| 2026 | $558,898 |