Data as of February 2026. Source: Realtor.com.
The SANTA FE, NM real estate market (87508) currently shows 94 active listings, with 31 pending sales. Homes are averaging 95 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 95 days on market compared to 84 days last year.
The median listing price has risen 0.6% year-over-year, from $792,500 to $797,000.
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.
Population: 18,245 · Density: 41.6/mi² · Median household income: $87,750
Typical home value: $481,622 · Homeownership: 90.1%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 87508 | Santa Fe, NM 87508 | 0.0 mi | 102 | $94,888,764 | $795,000 | $930,282 |
| 87540 | Lamy, NM 87540 | 9.2 mi | 13 | $15,740,634 | $975,000 | $1,210,818 |
| 87535 | Glorieta, NM 87535 | 11.6 mi | 2 | $1,235,000 | $617,500 | $617,500 |
| 87501 | Santa Fe, NM 87501 | 14.0 mi | 127 | $199,652,255 | $999,000 | $1,572,065 |
| 87506 | Santa Fe, NM 87506 | 20.8 mi | 126 | $291,316,662 | $1,990,000 | $2,312,037 |
| 87552 | Pecos, NM 87552 | 21.3 mi | 10 | $7,810,000 | $634,500 | $781,000 |
| 87538 | Ilfeld, NM 87538 | 23.0 mi | 2 | $1,254,000 | $627,000 | $627,000 |
| 87056 | Stanley, NM 87056 | 24.9 mi | 7 | $6,106,100 | $649,500 | $872,300 |
| 87565 | San Jose, NM 87565 | 26.0 mi | 0 | $0 | $559,000 | $559,000 |
| 87544 | Los Alamos, NM 87544 | 27.9 mi | 34 | $17,989,264 | $402,000 | $529,096 |
| 87560 | Ribera, NM 87560 | 32.3 mi | 3 | $1,719,000 | $550,000 | $573,000 |
| 87532 | Espanola, NM 87532 | 32.9 mi | 25 | $12,425,700 | $515,000 | $497,028 |
| 87731 | Montezuma, NM 87731 | 33.2 mi | 3 | $2,187,000 | $729,000 | $729,000 |
As of February 2026, there are 94 active listings in SANTA FE, NM (zip code 87508), compared to 75 the prior year.
The median listing price in SANTA FE, NM 87508 is $797,000 as of February 2026, a 0.6% increase from $792,500 the prior year.
Homes in SANTA FE, NM 87508 spend an average of 95 days on the market before going under contract, compared to 84 days the prior year.
Based on current inventory and days-on-market data as of February 2026, SANTA FE, NM 87508 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 95 days on market compared to 84 days last year.
With SELL123.com's maximum 3% commission, sellers in SANTA FE, NM 87508 save an estimated $15,940 compared to a typical 5% commission on the median listing price of $797,000. 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.