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SANTA FE, NM 87506

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

Market Overview

Active Listings
126
⇩ 6.7% vs 135 last year
Pending
23
18% pending ratio
Median Price
$1,990,000
⇧ 16% vs $1,716,000 last year
Average Price
$2,312,037
⇧ 10.8% vs $2,086,040 last year
Days on Market
117
⇧ 18.2% vs 99 days last year

Market Context

Population: 15,895  ·  Density: 19.9/mi²  ·  Median household income: $77,807

Typical home value: $420,499  ·  Homeownership: 81.1%

Market Analysis

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

The SANTA FE, NM real estate market (87506) currently shows 126 active listings, with 23 pending sales. Homes are averaging 117 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 117 days on market compared to 99 days last year.

The median listing price has risen 16% year-over-year, from $1,716,000 to $1,990,000.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 126 this year vs 135 last year
  • Days on market: 117 now vs 99 last year

Median & Average Pricing

Year over Year
  • Median: $1,990,000 (+16% YoY)
  • Average: $2,312,037 (+10.8% 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 29.1 miles — 632 listings ($732,266,975 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
87506Santa Fe, NM 875060.0 mi126$291,316,662$1,990,000$2,312,037
87522Chimayo, NM 8752212.3 mi6$2,722,800$350,000$453,800
87547White Rock, NM 8754713.3 mi32$25,222,752$775,000$788,211
87505Santa Fe, NM 8750514.8 mi135$176,379,120$837,000$1,306,512
87507Santa Fe, NM 8750716.0 mi197$122,979,220$529,000$624,260
87511Alcalde, NM 8751118.5 mi1$145,900$145,900$145,900
87508Santa Fe, NM 8750820.8 mi102$94,888,764$795,000$930,282
87552Pecos, NM 8755222.5 mi10$7,810,000$634,500$781,000
87521Chamisal, NM 8752123.4 mi3$1,604,001$305,000$534,667
87527Dixon, NM 8752724.7 mi2$700,000$350,000$350,000
87083Cochiti Lake, NM 8708325.3 mi12$3,489,756$273,000$290,813
87548Medanales, NM 8754827.3 mi5$4,223,000$699,000$844,600
87732Mora, NM 8773229.1 mi1$785,000$785,000$785,000

Frequently Asked Questions

How many homes are for sale in SANTA FE, NM 87506?

As of January 2026, there are 126 active listings in SANTA FE, NM (zip code 87506), compared to 135 the prior year.

What is the median home price in SANTA FE, NM 87506?

The median listing price in SANTA FE, NM 87506 is $1,990,000 as of January 2026, a 16% increase from $1,716,000 the prior year.

How long do homes stay on the market in SANTA FE, NM?

Homes in SANTA FE, NM 87506 spend an average of 117 days on the market before going under contract, compared to 99 days the prior year.

Is it a seller's or buyer's market in SANTA FE, NM 87506?

Based on current inventory and days-on-market data as of January 2026, SANTA FE, NM 87506 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 117 days on market compared to 99 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 87506 save an estimated $39,800 compared to a typical 5% commission on the median listing price of $1,990,000. 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.