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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
Balanced Market
March 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 March 2026. Source: Realtor.com.

The SANTA FE, NM real estate market (87505) currently shows 143 active listings, with 50 pending sales. Homes are averaging 60 days on the market before going under contract.

Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice.

The median listing price has risen 12.1% year-over-year, from $699,500 to $784,000.

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.

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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
143
⇧ 10% vs 130 last year
Pending
50
35% pending ratio
Median Price
$784,000
⇧ 12.1% vs $699,500 last year
Average Price
$1,127,139
⇩ 13.5% vs $1,302,806 last year
Days on Market
60
vs 60 days last year

Price Per Square Foot

Median $/sqft
$426
⇧ 9.8% vs $388/sqft last year
Median Home Size
2,009 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 143 this year vs 130 last year
  • Days on market: 60 now vs 60 last year

Median & Average Pricing

Year over Year
  • Median: $784,000 (+12.1% YoY)
  • Average: $1,127,139 (-13.5% 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 March 2026, there are 143 active listings in SANTA FE, NM (zip code 87505), compared to 130 the prior year.

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

The median listing price in SANTA FE, NM 87505 is $784,000 as of March 2026, a 12.1% increase from $699,500 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 60 days on the market before going under contract, compared to 60 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 March 2026, SANTA FE, NM 87505 is currently a Balanced Market. Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice.

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 $15,680 compared to a typical 5% commission on the median listing price of $784,000. 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.