Call or Text (240) SELL-123
Acequie Madre Alarid Altamira Apodaca Hill Baca Street Barrio La Canada Calle Nopal Camino La Canada Camino Ocaso Del Sol Canyon Casa Solana (La Nueva Casa Solana) Cerro De Piedra Cerros Colorados Cottonwood Village Country Club Gardens Coyote Ridge Cristo Rey (San Acacio) Cumbre Vista Don Digeo Don Gaspar East El Canon El Castillo Fairway Village Fiesta (Villeros) Greater Callecita Historic Historic Guadalupe Historic Hillside Hyde Park La Joya La Madera Las Barrancas Las Lomas Los Miradores Los Vecinos De Calle San Antonio Lovato Grant Near North Group Old Santa Fe Trail Pentastar Peralta Pinon Hills (West SF Association) Placita De Descansar Pondarosa Ridge Pueblo Alerge Pueblos Del Rosario Puestas Del Sol Rio Vista San Salvador Sanchez Street Santa Fe Hills Shayakin Sierra Del Norte Sierra Vista Southeast Summit Tada Talaya Hill The Commons on The Alameda Tiempo Lindo Tierra Real Torreon Valle Del Sol Viento Del Norte Vista Canada Ancha Vista Encantada West Manhattan Wilderness Gate

SANTA FE, NM 87501

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 87501

Acequie Madre · Alarid · Altamira · Apodaca Hill · Baca Street · Barrio La Canada · Calle Nopal · Camino La Canada · Camino Ocaso Del Sol · Canyon · Casa Solana (La Nueva Casa Solana) · Cerro De Piedra · Cerros Colorados · Cottonwood Village · Country Club Gardens · Coyote Ridge · Cristo Rey (San Acacio) · Cumbre Vista · Don Digeo · Don Gaspar · East · El Canon · El Castillo · Fairway Village · Fiesta (Villeros) · Greater Callecita · Historic · Historic Guadalupe · Historic Hillside · Hyde Park · La Joya · La Madera · Las Barrancas · Las Lomas · Los Miradores · Los Vecinos De Calle San Antonio · Lovato Grant · Near North Group · Old Santa Fe Trail · Pentastar · Peralta · Pinon Hills (West SF Association) · Placita De Descansar · Pondarosa Ridge · Pueblo Alerge · Pueblos Del Rosario · Puestas Del Sol · Rio Vista · San Salvador · Sanchez Street · Santa Fe Hills · Shayakin · Sierra Del Norte · Sierra Vista · Southeast · Summit · Tada · Talaya Hill · The Commons on The Alameda · Tiempo Lindo · Tierra Real · Torreon · Valle Del Sol · Viento Del Norte · Vista Canada Ancha · Vista Encantada · West Manhattan · Wilderness Gate

Market Analysis

Data as of February 2026. Source: Realtor.com.

The SANTA FE, NM real estate market (87501) currently shows 124 active listings, with 26 pending sales. Homes are averaging 103 days on the market before going under contract.

Inventory has tightened compared to last year, with 10 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 103 days on market compared to 96 days last year.

The median listing price has risen 3.8% year-over-year, from $902,500 to $937,000.

Whether you are buying or selling in SANTA FE, NM, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for SANTA FE, NM 87501 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 15,001  ·  Density: 114.4/mi²  ·  Median household income: $77,400

Typical home value: $611,632  ·  Homeownership: 64.9%

Market Overview

Active Listings
124
⇩ 7.5% vs 134 last year
Pending
26
21% pending ratio
Median Price
$937,000
⇧ 3.8% vs $902,500 last year
Average Price
$1,530,596
⇧ 21.9% vs $1,255,844 last year
Days on Market
103
⇧ 7.3% vs 96 days last year

Price Per Square Foot

Median $/sqft
$494
⇩ 2.2% vs $505/sqft last year
Median Home Size
1,843 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 124 this year vs 134 last year
  • Days on market: 103 now vs 96 last year

Median & Average Pricing

Year over Year
  • Median: $937,000 (+3.8% YoY)
  • Average: $1,530,596 (+21.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 28.0 miles — 349 listings ($545,401,877 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
87501Santa Fe, NM 875010.0 mi127$199,652,255$999,000$1,572,065
87506Santa Fe, NM 875069.5 mi126$291,316,662$1,990,000$2,312,037
87535Glorieta, NM 8753512.1 mi2$1,235,000$617,500$617,500
87552Pecos, NM 8755214.4 mi10$7,810,000$634,500$781,000
87522Chimayo, NM 8752217.7 mi6$2,722,800$350,000$453,800
87567Santa Cruz, NM 8756721.2 mi1$795,000$795,000$795,000
87532Espanola, NM 8753222.8 mi25$12,425,700$515,000$497,028
87538Ilfeld, NM 8753823.9 mi2$1,254,000$627,000$627,000
87544Los Alamos, NM 8754426.0 mi34$17,989,264$402,000$529,096
87010Cerrillos, NM 8701026.1 mi12$7,229,196$637,000$602,433
87731Montezuma, NM 8773126.2 mi3$2,187,000$729,000$729,000
87732Mora, NM 8773227.2 mi1$785,000$785,000$785,000
87565San Jose, NM 8756528.0 mi0$0$559,000$559,000

Frequently Asked Questions

How many homes are for sale in SANTA FE, NM 87501?

As of February 2026, there are 124 active listings in SANTA FE, NM (zip code 87501), compared to 134 the prior year.

What is the median home price in SANTA FE, NM 87501?

The median listing price in SANTA FE, NM 87501 is $937,000 as of February 2026, a 3.8% increase from $902,500 the prior year.

How long do homes stay on the market in SANTA FE, NM?

Homes in SANTA FE, NM 87501 spend an average of 103 days on the market before going under contract, compared to 96 days the prior year.

Is it a seller's or buyer's market in SANTA FE, NM 87501?

Based on current inventory and days-on-market data as of February 2026, SANTA FE, NM 87501 is currently a Balanced Market. Inventory has tightened compared to last year, with 10 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 103 days on market compared to 96 days last year.

How much can I save on real estate commission in SANTA FE, NM?

With SELL123.com's maximum 3% commission, sellers in SANTA FE, NM 87501 save an estimated $18,740 compared to a typical 5% commission on the median listing price of $937,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.