Real Estate Price Maphome prices by county

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…

Data as of · by the Real Estate Price Map data team · methodology & sources

Santa Fe County is flat and overvalued — a stretch for what people here earn.

Momentum+0.1%Flat
Valuation+59%High bubble risk
Affordability4/10Stretched
Market57 daysBalanced

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

Typical value$558,8982026-05
1-year+0.1%
5-year+19.1%
10-year+84.5%
Since 2000n/a
Population157k2024
Median income$78,3662023 · 7.1× income
Median rent$1,966/mo2026 · 4.2% gross yield
New homes/yr2442024
Price / sq ft$395listings
Days on market572026-06
Active listings7722026-06
Price cuts20%of listings

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 →

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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?
The typical home in Santa Fe County is worth $558,898 as of 2026-05, based on the Zillow Home Value Index.
Are home prices in Santa Fe County rising or falling?
Prices are up +0.1% over the past year and n/a since 2000 — a balanced market.
Is Santa Fe County affordable?
At 7.1× the local median income of $78,366, Santa Fe County is pricier than the typical US county.
What is the rental yield in Santa Fe County?
Median rent is $1,966/mo — a gross rental yield of 4.2% on the typical home.
How fast do homes sell in Santa Fe County?
Homes here take a median of 57 days to sell, with 20% of listings cutting their asking price.
Median home value by year
YearMedian 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