The Santa Fe housing market is somewhat competitive. Homes in Santa Fe receive 1 offers on average and sell in around 66 days. The median sale price of a home in Santa Fe was $555K last month, up 2.3% since last year. The median sale price per square foot in Santa Fe is $345, up 6.0% since last year.
What is the housing market like in Santa Fe today?
In October 2024, Santa Fe home prices were up 2.3% compared to last year, selling for a median price of $555K. On average, homes in Santa Fe sell after 66 days on the market compared to 46 days last year. There were 108 homes sold in October this year, up from 94 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$555,000
+2.3% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Santa Fe, NM
$555,000
+2.3%
United States
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How hot is the Santa Fe housing market?
Santa Fe is somewhat competitive. Homes sell in 60 days.
0
100
38
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 60 days.
Hot homes
can sell for around list price and go pending in around 33 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Santa Fe housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Santa Fe.
Flood Factor - Minor
8% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Santa Fe has a minor risk of flooding. 32 properties in Santa Fe are likely to be
severely affected
by flooding over the next 30 years. This represents 8% of all properties in Santa Fe. Flood risk is increasing slower than the national average.
100% of properties are at risk of wildfire over the next 30 years
Fire Factor
Santa Fe has a moderate risk of wildfire. There are 970 properties in Santa Fe that have some risk of being affected by wildfire over the next 30 years. This represents 100% of all properties in Santa Fe.