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Arroyo Chamiso (Sol Y Lomas) Artesano Y Carlos Rey (Camino Pintores) Baca Street Bellamah (Camino Carlos Rey) Candlelight Carlos Rey Del Sur Casa Alegre Casa Linda Country Club Gardens De Vargas Heights Escalante (Galisteo) Hopewell (Mann Street) La Canada La Cieneguita Las Acequias Las Americas Las Estancias Los Senderos Nava Ade Old Santa Fe Trail Pacheco Street Park Plazas Plaza De Castillo Pondarosa Ridge Pueblos Del Rodeo Road Pueblos Del Sol San Mateo Southeast Southwest Bellamah Tierra Madre Tierra Real Town and Country Via Caballero Villa San Miguel Vista Del Prado Vista Primera Wilderness Gate Young Park

SANTA FE, NM 87505

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

Neighborhoods in ZIP 87505

Arroyo Chamiso (Sol Y Lomas) · Artesano Y Carlos Rey (Camino Pintores) · Baca Street · Bellamah (Camino Carlos Rey) · Candlelight · Carlos Rey Del Sur · Casa Alegre · Casa Linda · Country Club Gardens · De Vargas Heights · Escalante (Galisteo) · Hopewell (Mann Street) · La Canada · La Cieneguita · Las Acequias · Las Americas · Las Estancias · Los Senderos · Nava Ade · Old Santa Fe Trail · Pacheco Street · Park Plazas · Plaza De Castillo · Pondarosa Ridge · Pueblos Del Rodeo Road · Pueblos Del Sol · San Mateo · Southeast · Southwest Bellamah · Tierra Madre · Tierra Real · Town and Country · Via Caballero · Villa San Miguel · Vista Del Prado · Vista Primera · Wilderness Gate · Young Park

Market Analysis

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

The SANTA FE, NM real estate market (87505) currently shows 137 active listings, with 46 pending sales. Homes are averaging 97 days on the market before going under contract.

Inventory has tightened compared to last year, with 13 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 97 days on market compared to 79 days last year.

The median listing price has risen 2.1% year-over-year, from $738,250 to $753,750.

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.

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Market Context

Market Context

Population: 31,857  ·  Density: 188.9/mi²  ·  Median household income: $77,267

Typical home value: $447,923  ·  Homeownership: 62.5%

Market Overview

Active Listings
137
⇩ 8.7% vs 150 last year
Pending
46
34% pending ratio
Median Price
$753,750
⇧ 2.1% vs $738,250 last year
Average Price
$1,139,467
⇩ 14.1% vs $1,326,803 last year
Days on Market
97
⇧ 22.8% vs 79 days last year

Price Per Square Foot

Median $/sqft
$399
⇧ 4.5% vs $382/sqft last year
Median Home Size
2,024 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 137 this year vs 150 last year
  • Days on market: 97 now vs 79 last year

Median & Average Pricing

Year over Year
  • Median: $753,750 (+2.1% YoY)
  • Average: $1,139,467 (-14.1% 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 31.9 miles — 460 listings ($388,972,790 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
87505Santa Fe, NM 875050.0 mi135$176,379,120$837,000$1,306,512
87535Glorieta, NM 875357.9 mi2$1,235,000$617,500$617,500
87507Santa Fe, NM 8750713.6 mi197$122,979,220$529,000$624,260
87552Pecos, NM 8755214.7 mi10$7,810,000$634,500$781,000
87540Lamy, NM 8754015.4 mi13$15,740,634$975,000$1,210,818
87538Ilfeld, NM 8753820.7 mi2$1,254,000$627,000$627,000
87547White Rock, NM 8754722.9 mi32$25,222,752$775,000$788,211
87565San Jose, NM 8756524.5 mi0$0$559,000$559,000
87567Santa Cruz, NM 8756727.0 mi1$795,000$795,000$795,000
87544Los Alamos, NM 8754427.7 mi34$17,989,264$402,000$529,096
87532Espanola, NM 8753227.9 mi25$12,425,700$515,000$497,028
87578Truchas, NM 8757829.5 mi2$1,036,000$599,000$518,000
87056Stanley, NM 8705631.9 mi7$6,106,100$649,500$872,300

Frequently Asked Questions

How many homes are for sale in SANTA FE, NM 87505?

As of February 2026, there are 137 active listings in SANTA FE, NM (zip code 87505), compared to 150 the prior year.

What is the median home price in SANTA FE, NM 87505?

The median listing price in SANTA FE, NM 87505 is $753,750 as of February 2026, a 2.1% increase from $738,250 the prior year.

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

Homes in SANTA FE, NM 87505 spend an average of 97 days on the market before going under contract, compared to 79 days the prior year.

Is it a seller's or buyer's market in SANTA FE, NM 87505?

Based on current inventory and days-on-market data as of February 2026, SANTA FE, NM 87505 is currently a Balanced Market. Inventory has tightened compared to last year, with 13 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 97 days on market compared to 79 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 87505 save an estimated $15,075 compared to a typical 5% commission on the median listing price of $753,750. 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.