The story of this market
The typical home in Santa Fe County, New Mexico sells for about $595,700, or $333 per square foot.
Prices are up +1.4% from a year ago, so sellers still have some momentum. Homes take about 87 days to sell, which is slow. Over the long run, values in this county have grown 125% since 2000. Last year 29 of 48 neighborhoods saw prices rise, so the story isn't the same street to street. The biggest natural hazard here is wildfire, which FEMA rates relatively high. HUD's fair market rent for a two-bedroom is $1,735 a month.
HUD sets the fair market rent for a 2-bedroom at $1,735 a month. FEMA's National Risk Index rates overall hazard risk here as Very Low.
Price climate
Every year of price change, 2000–2025
0%
2025
Each stripe is one year's median price change across the area's census tracts (FHFA repeat-sales index). Deep blue is a strong gain year, red a falling year. Best: 2022 (+14.5%). Worst: 2009 (-7%). Hover to read a year.
Monthly price momentum
Home values since 2015
+3.3%
NM · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Rent benchmark
Fair market rent by size
$2,134
3-bed / month
HUD Fair Market Rents, fiscal 2027, for this county. A typical rent for a modest unit, used to set housing-voucher payments.
Neighborhood price trend
Long-run price trend, 2000–2025
0%
2025 change
FHFA repeat-sales index, median of 48 census tracts in this county (2000 = 100). Bars are each year's median change.
Natural hazard exposure
The area's risk shape
30
Very Low
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $48,946,694.
Mortgage activity
Home lending in this county
75%
2018 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 6801 | 3455 | 75% | 5.6% | $345,000 |
CFPB Home Mortgage Disclosure Act records: every mortgage application reported by lenders for homes in this county. Approval rate is approved ÷ decided (withdrawn and incomplete files excluded). Investor share and home value are the median census tract.
Santa Fe County, New Mexico
The Santa Fe County housing market shows signs of resilience with modest year-over-year price appreciation. While inventory levels have increased, providing more options for buyers, the market maintains a balanced pace of activity.
No ARED distress-ledger coverage for this county yet — the foreclosure ingest rotates the national county directory, and filings appear here once the county's posted notices are read. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Select a city to expand its ZIP intel reports beneath · 2 cities · 6 ZIP reports
Median prices moved up 1.3% year over year.
Homes spend a median of 65 days on market with 12.5 months of supply — a slower-moving market.
25% of listings have cut prices · homes sell at 97.88% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.2% · poverty 11.5% — a stable, low-distress profile.
Owned and leased federal assets with active or excess status, per the General Services Administration's Real Estate Across the United States inventory (read 2026-09-25). A federal footprint read on this county — not a market valuation, and never an attribute of any individual property or tenant.
Deterministic aggregate of 5 researched ZIP reports of 6 — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
No researched properties in this county yet — the property base layer populates as property research runs, and each property feeds its ZIP's roll-up.
researched Sep 29
researched Sep 29
researched Sep 29
researched Sep 29
researched Sep 29
researched Sep 29
| 87501 | Santa Fe | $849,000 | $465 | +11.8% | 56 | 97.2% | 18.5% | 4.2 | 142 | $1,600 | researched Sep 29 |
| 87505 | Santa Fe | $573,161 | $365 | +0.4% | 67 | 98.2% | 18% | 4.7 | 211 | $1,835 | researched Sep 29 |
| 87506 | Santa Fe | $1,107,870 | $352 | +1.4% | 63 | 97% | 15% | 6 | 284 | $2,831 | researched Sep 29 |
| 87507 | Santa Fe | $464,769 | $309 | — | 67 | 98.5% | 34.8% | 20.2 | 206 | $1,835 | researched Sep 29 |
| 87508 | Santa Fe | $749,000 | $350 | +0.4% | 62 | 97.5% | 18% | 4.2 | 142 | $2,400 | researched Sep 29 |
| 87532 | Espanola | $419,000 | $215 | +2.5% | 110 | 97.5% | 12% | 6.2 | 62 | $1,450 | researched Sep 29 |
Figures are each ZIP report's own latest research — the county roll-up aggregates them sales_count-weighted (population fallback); ZIPs cycle quarterly.
Data retrieved from US Census Bureau data.census.gov
applies when — Applies to residential parcels governed by a Homeowner Association (HOA) as defined by state statute.
Parcels are subject to the declaration, bylaws, and rules of the association, including the obligation to pay common expense assessments and potential liens for unpaid assessments.
NMSA 1978 § 47-16-1 et seq.
applies when — Applies to the resale of a unit within a condominium association.
The unit owner must furnish the purchaser with a resale certificate containing the declaration, bylaws, rules, and a statement of monthly common expense assessments, unpaid assessments, and other fees. The purchaser is not liable for unpaid assessments exceeding the amount disclosed in the certificate.
NMSA 1978 § 47-7D-9.
Tax is calculated by applying a tax rate (expressed in mills) to the net taxable value. The net taxable value is defined as one-third (33.33%) of the taxable value of the property. The taxable value is generally the market value, subject to statutory limitations on annual valuation increases for residential property. The total tax obligation is the product of the net taxable value and the sum of applicable local and state mill levies.
NMSA 1978 § 7-36-21.2; Property Tax Facts 2021, New Mexico Department of Finance and Administration.
Governance registry — every jurisdiction re-researches on a rolling 90-day cycle. Property reports compose these inherited burdens into a per-parcel ledger with conditional determinations. Informational only — not legal advice.