Resort & second-home market · New Mexico · June 2026 data

Santa Fe Real Estate Market

As of June 2026, the median home listed in Santa Fe, NM asks $844,725 — up 6.0% year over year. Homes sell in a median of 57 days, with 772 active listings and 20% carrying a price cut — a balanced market. Figures come from public records and industry data, updated monthly.

Median listing price
$844,725
▲ 6.0% YoY
Median $ / sq ft
$395
2,314 sq ft median
Median days on market
57
June 2026
Active listings
772
For sale now
New listings
280
June 2026
Listings with price cuts
20%
Share of active
Median sale price (closed)
$645,001
▲ 4.5% YoY · closed sales
Sale-to-list ratio
98.4%
Closed sales
Homes sold / month
191
Closed sales

Santa Fe housing market statistics

The table summarizes Santa Fe's key housing figures for June 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data.

Santa Fe, NM housing market at a glance — June 2026
MetricLatestDetail
Median listing price$844,725+6.0% YoY
Median price per sq ft$3952,314 sq ft median
Median days on market57-1% YoY
Active listings772-1% YoY
New listings this month280June 2026
Listings with a price cut20%Share of active
Median sale price (closed)$645,001+4.5% YoY
Sale-to-list ratio98.4%Closed sales
Gross rental yield2.4%2BR fair market rent

How have home prices changed in Santa Fe?

Santa Fe home prices are up 6.0% year over year and +1.2% month over month as of June 2026, at a $844,725 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.

$845K$814K$784K$753K Q3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26

Median listing price, Santa Fe NM · trailing 8 quarters · source: public records and industry data.

The 10-year view
$985K$876K$767K$658K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Santa Fe NM · June of each year, 2017–2026 · source: public records and industry data.

How much inventory is on the market in Santa Fe?

Santa Fe has 772 active listings, 280 new this month, 247 pending as of June 2026. About 20% of active listings have cut their price, and inventory sits at 97% of its 2019 level — a balanced market by pace.

Active listings
772
New this month
280
Pending
247
Price-reduced
153

Is Santa Fe a good real estate investment?

Santa Fe scores 37/100 on WealthyBud's composite Investor Score, ranking #726 of 932 covered U.S. metros as of June 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.

Investor Score
37/100
#726 of 932 covered metros
12-month outlook
-0.6%
Flat · model output, not advice
Price volatility
Medium
σ 6.2% · 20-yr price-index swings
Momentum
61
Value
25
Rental yield
8
Supply risk
61
Market heat
46

Santa Fe scores 37/100 on our composite Investor Score (#726 of 932 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; the metro's long-run house price index has it up 47% over five years and +104% over ten, leaving prices 56% above its own 2000–2019 trend; at the published FY2026 fair market rent of $1,685/mo for a two-bedroom, the gross rental yield on the median listing is about 2.4%; active inventory sits at 97% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are up 6.0% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Santa Fe ranks on the trending markets index.

How much is a monthly mortgage payment in Santa Fe?

A home at Santa Fe's $844,725 median listing runs about $4,240 a month in principal and interest — 20% down on a 30-year fixed loan at the current 6.43% national average rate. Taxes, insurance and HOA are extra.

If rates fall 1% · 5.43%
$3,807/mo
−$433/mo vs today
At today's rate · 6.43%
$4,240/mo
National weekly average
If rates rise 1% · 7.43%
$4,693/mo
+$452/mo vs today

Principal & interest on the $844,725 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 6.43% (national weekly average, 2026-07-02). Model a full deal in the deal analyzer.

What is driving the Santa Fe housing market?

Longer-run demand in Santa Fe shows up in 495 homes permitted in 2025; net migration of +88 residents; +0.2% job growth. Natural-hazard risk rates Relatively Moderate. These federal supply-pipeline, migration and jobs signals shape where prices head next.

Building permits (2025)
495
▲ 102.9% vs 2024
3.2 per 1,000 residents
Net migration (2022–2023)
+88
▲ people, via tax-return records
net income flow +$79.2M/yr
Job growth (YoY)
+0.2%
▲ 63.5k nonfarm jobs · May 2026
Natural-hazard risk
Relatively Moderate
National hazard index · top hazard: Riverine flooding

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

What is the latest Santa Fe real estate news?

Santa Fe's housing market shows growing prices, stable job growth, and increased luxury demand, despite soft rental conditions. — AI-generated summary of the headlines above; read the linked coverage before relying on it.

Headlines collected 2026-07-05; each links to the original publisher.

Client-ready report

Send a branded Santa Fe market report to your clients.

Open report gallery
Find the best in Santa Fe

Santa Fe housing market FAQ

What is the median home price in Santa Fe?
As of June 2026, the median listing price in Santa Fe, NM is $844,725, up 6.0% year over year (source: public records and industry data).
How much does it cost to buy a home in Santa Fe?
The median home listed in Santa Fe asks $844,725 as of June 2026. With 20% down on a 30-year fixed loan at the current 6.43% national average rate, that runs about $4,240 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Santa Fe?
The median property in Santa Fe spends 57 days on the market, with 772 homes actively listed and 20% of them carrying a price cut — a balanced market by pace as of June 2026.
Is it a buyer's or seller's market in Santa Fe?
With a median 57 days on market and 20% of active listings carrying a price cut, Santa Fe reads as a balanced market as of June 2026. Faster sales and fewer price cuts favor sellers; slower sales and more cuts favor buyers. Conditions shift monthly.
Is Santa Fe a good place to invest in real estate?
Santa Fe scores 37/100 on WealthyBud's Investor Score, ranking #726 of 932 covered U.S. metros as of June 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Santa Fe?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Santa Fe and the wider New Mexico market, ranked by recent sales from public profile data.
Based on public records and industry data, June 2026 — see our methodology for how every figure is computed. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.

More New Mexico housing markets

Marcus Bell Real Estate Market Analyst

Marcus Bell leads market and career research at WealthyBud, turning public housing and labor data into plain-English answers for investors and agents. He focuses on U.S. metro housing markets, agent economics and licensing.