Santa Fe County, NM Home Values & Market Trends

The median home price in Santa Fe County, NM is $540,669.89. There were 2,341 home sales in Santa Fe County, NM over the past 12 months. The median residential Santa Fe County, NM home value for transactions over the previous year is $51,454.664. The number of current listings in Santa Fe County, NM is 99, and the percentage of properties for sale is 99.00%. The county has 30 foreclosures, 6 bank owned properties, 6 headed for auction, and 99 properties for sale.

Santa Fe County, NM Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Santa Fe

$ 612,088

$ 376/sqft

Lamy

$ --

$ --

Edgewood

$ 354,750

$ 184/sqft

Glorieta

$ --

$ --

Cerrillos

$ 373,131

$ 323/sqft

Santa Cruz

$ --

$ --

Stanley

$ 259,636

$ 161/sqft

Housing Market Summary for Santa Fe County, NM

Mar 2023February 2024Change
Median Listing Price$484.5K$562.5K16.10%
Median Sold Price$540K$562.5K4.17%
Homes For Sale941006.38%
Homes Sold1,3961,4040.57%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Santa Fe County, NM

Santa Fe County, NM home values range from $33,791 to $23,421,054. Santa Fe is the priciest city with a median listing home price of $575,000, and Stanley is most affordable with average house prices of around $295,000.

Foreclosure
There are 7 cities within Santa Fe County, NM; within these cities, the median estimated home value for homes in foreclosure ranges from $527,207 in Santa Fe to the lowest value of $157,444 in Santa Fe. Foreclosure homes account for 0.00% of properties in Santa Fe County, NM with Santa Fe containing 25 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.03% of all residential properties in Santa Fe County, NM with Santa Fe containing 14 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 7 cities within Santa Fe County, NM; of those cities, the estimated home value for pre-foreclosure homes ranges from $1,109,496 in Cerrillos to the lowest home value of $157,444 in Santa Fe.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Santa Fe County, NM ranges from the highest value of $883,250 in Edgewood to the lowest value of $213,274 in Santa Fe. Bank owned homes and properties account for 0.01% of properties in Santa Fe County, NM. There are 7 cities within Santa Fe County, NM; Santa Fe containing 6 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Santa Fe has 5 auction properties, the highest number of properties going to auction in a single city in the state of Santa Fe County, NM. Auction homes and other auction properties account for 0.01% of all properties in Santa Fe County, NM. There are 7 cities within Santa Fe County, NM; of those cities, the median estimated home value for homes going to auction ranges from $1,937,399 in Santa Fe to the lowest value of $355,000 in Santa Fe.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.14% of residential properties in Santa Fe County, NM with Santa Fe containing 85 homes for sale, the highest number of listed properties in a single city. There are 7 cities within Santa Fe County, NM; homes for sale in those cities, have a range of median values from $385,000 in Cerrillos to the lowest value of $69,622 in Edgewood.
    Sold Homes
    The median value for recently sold homes ranges from $347,516 in Santa Cruz to the lowest price of $56,815 in Santa Cruz. There are 7 cities within Santa Fe County, NM. Santa Fe has 1086 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.80% of properties in Santa Fe County, NM.

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      Guide for Santa Fe County, NM

      gavel for real estate auction
      Home Buying Guides & Tips
      New Mexico Foreclosure Laws
      Market Reports
      Newark Real Estate Market Report, March 2024
      Home Buying Financing
      How To Get House Mortgage With Low Credit Score
      Wholesale
      Legal Pitfalls to Avoid When Dealing with Pre-Foreclosure Sellers
      See More Articles
      gavel for real estate auction
      New Mexico Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Learn more about the New Mexico foreclosure laws, the NM judicial foreclosure process and timelines on RealtyTrac

      Newark Real Estate Market Report, March 2024
      Market Reports|posted 22 March 2024

      The Newark real estate market from 2023 to 2024 exhibited a strong upward growth pattern, with slight fluctuations in property values and sale price per square foot.

      How To Get House Mortgage With Low Credit Score
      Home Buying Financing|posted 22 March 2024

      Learn how to secure a house mortgage even with a low credit score.

      Legal Pitfalls to Avoid When Dealing with Pre-Foreclosure Sellers
      Wholesale|posted 20 March 2024

      Explore the legal pitfalls to avoid when dealing with pre-foreclosure sellers. Learn how to navigate the complex process safely and protect yourself from costly mistakes and legal complications.

      Recently Listed Homes Santa Fe County, NM

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