Santa Fe, NM Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Santa Fe, NM is $520,000, down 0.9% year-over-year. Homes sell in an average of 111 days with 380 active listings. The market is currently a leaning buyer's.
$520,000median sale price
Is Santa Fe a buyer's or seller's market?
Santa Fe, NM is currently a leaning buyer's, based on 4.8 months of supply and homes selling in about 111 days. How we determine this →
Homes sold
79
Last 12 weeks
Days on market
111
Average pace
Active listings
380
4.8 months supply
Sale-to-list
97.0%
Below asking
Santa Fe, NM market data
| Metric | Value |
|---|---|
| Median sale price | $520,000 |
| Median list price | $550,000 |
| Year-over-year price change | -0.9% |
| Average days on market | 111 days |
| Active inventory | 380 listings |
| Months of supply | 4.8 months |
| Sale-to-list price ratio | 97.0% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated weekly
The Santa Fe housing market is currently classified as a leaning buyer's with a median sale price of $520,000. Prices have fallen 0.9% compared to last year, with homes spending an average of 111 days on market, indicating 4.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Santa Fe
There are currently 380 homes listed for sale in Santa Fe, New Mexico. The median listing price is $550K.
Active listings
380
Homes on market
Median list price
$550K
Avg. days on market
111
Days until sale
New this week
99
Newly listed
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Frequently asked questions
What is the average home price in Santa Fe?
The median home sale price in Santa Fe is $520,000, down 0.9% from last year.
How long do homes stay on market in Santa Fe?
Homes typically spend 111 days on market before going under contract.
Is Santa Fe a buyer's or seller's market?
With 4.8 months of supply, Santa Fe is currently a leaning buyer's.
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