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SANTA FE, NM 87507

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

Market Analysis

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

The SANTA FE, NM real estate market (87507) currently shows 210 active listings, with 52 pending sales. Homes are averaging 68 days on the market before going under contract.

Inventory has tightened compared to last year, with 26 fewer active listings — creating more competition among buyers.

The median listing price has risen 3% year-over-year, from $530,118 to $546,000.

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Market Context

Market Context

Population: 51,580  ·  Density: 207.3/mi²  ·  Median household income: $60,641

Typical home value: $301,204  ·  Homeownership: 68.1%

Market Overview

Active Listings
210
⇩ 11% vs 236 last year
Pending
52
25% pending ratio
Median Price
$546,000
⇧ 3% vs $530,118 last year
Average Price
$610,401
⇩ 5.2% vs $644,101 last year
Days on Market
68
— vs 68 days last year

Price Per Square Foot

Median $/sqft
$309
⇩ 1.9% vs $315/sqft last year
Median Home Size
1,769 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 210 this year vs 236 last year
  • Days on market: 68 now vs 68 last year

Median & Average Pricing

Year over Year
  • Median: $546,000 (+3% YoY)
  • Average: $610,401 (-5.2% 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 34.0 miles — 573 listings ($527,081,884 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
87507Santa Fe, NM 875070.0 mi193$118,206,324$541,225$612,468
87505Santa Fe, NM 8750513.6 mi137$156,106,979$753,750$1,139,467
87083Cochiti Lake, NM 8708314.3 mi13$4,301,817$317,500$330,909
87501Santa Fe, NM 8750115.2 mi124$189,793,904$937,000$1,530,596
87544Los Alamos, NM 8754416.4 mi30$16,089,000$402,000$536,300
87535Glorieta, NM 8753520.8 mi4$2,390,000$597,500$597,500
87532Espanola, NM 8753224.8 mi27$14,057,118$517,000$520,634
87567Santa Cruz, NM 8756726.3 mi2$1,270,000$635,000$635,000
87552Pecos, NM 8755228.1 mi9$7,614,000$527,000$846,000
87562Rowe, NM 8756229.6 mi1$629,000$629,000$629,000
87004Bernalillo, NM 8700431.3 mi25$13,326,825$507,500$533,073
87511Alcalde, NM 8751133.4 mi1$125,000$125,000$125,000
87056Stanley, NM 8705634.0 mi7$3,171,917$403,250$453,131

Frequently Asked Questions

How many homes are for sale in SANTA FE, NM 87507?

As of September 2026, there are 210 active listings in SANTA FE, NM (zip code 87507), compared to 236 the prior year.

What is the median home price in SANTA FE, NM 87507?

The median listing price in SANTA FE, NM 87507 is $546,000 as of September 2026, a 3% increase from $530,118 the prior year.

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

Homes in SANTA FE, NM 87507 spend an average of 68 days on the market before going under contract, compared to 68 days the prior year.

Is it a seller's or buyer's market in SANTA FE, NM 87507?

Based on current inventory and days-on-market data as of September 2026, SANTA FE, NM 87507 is currently a Balanced Market. Inventory has tightened compared to last year, with 26 fewer active listings — creating more competition among buyers.

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 87507 save an estimated $10,920 compared to a typical 5% commission on the median listing price of $546,000. 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.