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SANTA FE, NM 87507

Real Estate Market Report
Buyer's Market
February 2026  ·  Source: Realtor.com

Market Analysis

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

The SANTA FE, NM real estate market (87507) currently shows 193 active listings, with 68 pending sales. Homes are averaging 83 days on the market before going under contract.

Inventory has increased compared to last year, with 19 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 83 days on market compared to 66 days last year.

The median listing price has risen 3.6% year-over-year, from $522,500 to $541,225.

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: 51,580  ·  Density: 207.3/mi²  ·  Median household income: $60,641

Typical home value: $301,204  ·  Homeownership: 68.1%

Market Overview

Active Listings
193
⇧ 10.9% vs 174 last year
Pending
68
35% pending ratio
Median Price
$541,225
⇧ 3.6% vs $522,500 last year
Average Price
$612,468
⇧ 8.4% vs $565,064 last year
Days on Market
83
⇧ 25.8% vs 66 days last year

Price Per Square Foot

Median $/sqft
$315
⇩ 1.3% vs $319/sqft last year
Median Home Size
1,776 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 193 this year vs 174 last year
  • Days on market: 83 now vs 66 last year

Median & Average Pricing

Year over Year
  • Median: $541,225 (+3.6% YoY)
  • Average: $612,468 (+8.4% 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 34.0 miles — 558 listings ($602,154,006 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
87507Santa Fe, NM 875070.0 mi197$122,979,220$529,000$624,260
87508Santa Fe, NM 8750811.6 mi102$94,888,764$795,000$930,282
87547White Rock, NM 8754714.1 mi32$25,222,752$775,000$788,211
87010Cerrillos, NM 8701015.0 mi12$7,229,196$637,000$602,433
87506Santa Fe, NM 8750616.0 mi126$291,316,662$1,990,000$2,312,037
87540Lamy, NM 8754020.2 mi13$15,740,634$975,000$1,210,818
87532Espanola, NM 8753224.8 mi25$12,425,700$515,000$497,028
87567Santa Cruz, NM 8756726.3 mi1$795,000$795,000$795,000
87552Pecos, NM 8755228.1 mi10$7,810,000$634,500$781,000
87562Rowe, NM 8756229.6 mi1$539,000$539,000$539,000
87004Bernalillo, NM 8700431.3 mi31$16,955,078$460,000$546,938
87511Alcalde, NM 8751133.4 mi1$145,900$145,900$145,900
87056Stanley, NM 8705634.0 mi7$6,106,100$649,500$872,300

Frequently Asked Questions

How many homes are for sale in SANTA FE, NM 87507?

As of February 2026, there are 193 active listings in SANTA FE, NM (zip code 87507), compared to 174 the prior year.

What is the median home price in SANTA FE, NM 87507?

The median listing price in SANTA FE, NM 87507 is $541,225 as of February 2026, a 3.6% increase from $522,500 the prior year.

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

Homes in SANTA FE, NM 87507 spend an average of 83 days on the market before going under contract, compared to 66 days the prior year.

Is it a seller's or buyer's market in SANTA FE, NM 87507?

Based on current inventory and days-on-market data as of February 2026, SANTA FE, NM 87507 is currently a Buyer's Market. Inventory has increased compared to last year, with 19 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 83 days on market compared to 66 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 87507 save an estimated $10,825 compared to a typical 5% commission on the median listing price of $541,225. 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.