Call or Text (240) SELL-123

SANTA FE, NM 87501

Real Estate Market Report  ·  Santa Fe County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
127
⇩ 6.6% vs 136 last year
Pending
26
20% pending ratio
Median Price
$999,000
⇧ 9.8% vs $910,000 last year
Average Price
$1,572,065
⇧ 26.1% vs $1,247,150 last year
Days on Market
108
⇧ 20% vs 90 days last year

Market Context

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

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

Market Analysis

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

The SANTA FE, NM real estate market (87501) currently shows 127 active listings, with 26 pending sales. Homes are averaging 108 days on the market before going under contract.

Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 108 days on market compared to 90 days last year.

The median listing price has risen 9.8% year-over-year, from $910,000 to $999,000.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 127 this year vs 136 last year
  • Days on market: 108 now vs 90 last year

Median & Average Pricing

Year over Year
  • Median: $999,000 (+9.8% YoY)
  • Average: $1,572,065 (+26.1% 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

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 January 2026, there are 127 active listings in SANTA FE, NM (zip code 87501), compared to 136 the prior year.

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

The median listing price in SANTA FE, NM 87501 is $999,000 as of January 2026, a 9.8% increase from $910,000 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 108 days on the market before going under contract, compared to 90 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 January 2026, SANTA FE, NM 87501 is currently a Balanced Market. Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 108 days on market compared to 90 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 $19,980 compared to a typical 5% commission on the median listing price of $999,000. 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.