Call or Text (240) SELL-123
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  ·  Santa Fe County
Buyer's Market
September 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 September 2026. Source: Realtor.com.

The SANTA FE, NM real estate market (87505) currently shows 223 active listings, with 62 pending sales. Homes are averaging 80 days on the market before going under contract.

Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 80 days on market compared to 75 days last year.

The median listing price has fallen 4.1% year-over-year, from $833,250 to $799,250.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for SANTA FE, NM 87505 and connect with motivated buyers & sellers.
Contact SELL123.com →

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
223
⇧ 3.7% vs 215 last year
Pending
62
28% pending ratio
Median Price
$799,250
⇩ 4.1% vs $833,250 last year
Average Price
$1,339,422
⇧ 0.2% vs $1,336,133 last year
Days on Market
80
⇧ 6.7% vs 75 days last year

Price Per Square Foot

Median $/sqft
$436
⇧ 6.3% vs $410/sqft last year
Median Home Size
1,953 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 223 this year vs 215 last year
  • Days on market: 80 now vs 75 last year

Median & Average Pricing

Year over Year
  • Median: $799,250 (-4.1% YoY)
  • Average: $1,339,422 (+0.2% 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 32.2 miles — 426 listings ($345,254,020 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
87505Santa Fe, NM 875050.0 mi137$156,106,979$753,750$1,139,467
87535Glorieta, NM 875357.9 mi4$2,390,000$597,500$597,500
87507Santa Fe, NM 8750713.6 mi193$118,206,324$541,225$612,468
87552Pecos, NM 8755214.7 mi9$7,614,000$527,000$846,000
87540Lamy, NM 8754015.4 mi14$16,221,842$992,500$1,158,703
87538Ilfeld, NM 8753820.7 mi2$1,254,000$627,000$627,000
87547White Rock, NM 8754722.9 mi39$30,578,808$786,350$784,072
87565San Jose, NM 8756524.5 mi1$549,000$549,000$549,000
87731Montezuma, NM 8773127.0 mi3$2,187,000$729,000$729,000
87083Cochiti Lake, NM 8708327.8 mi13$4,301,817$317,500$330,909
87742Rociada, NM 8774229.3 mi9$4,124,250$407,000$458,250
87732Mora, NM 8773231.4 mi1$780,000$780,000$780,000
87001Algodones, NM 8700132.2 mi1$940,000$940,000$940,000

Frequently Asked Questions

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

As of September 2026, there are 223 active listings in SANTA FE, NM (zip code 87505), compared to 215 the prior year.

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

The median listing price in SANTA FE, NM 87505 is $799,250 as of September 2026, a 4.1% decrease from $833,250 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 80 days on the market before going under contract, compared to 75 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 September 2026, SANTA FE, NM 87505 is currently a Buyer's Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 80 days on market compared to 75 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 $15,985 compared to a typical 5% commission on the median listing price of $799,250. 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.