Downtown Santa Fe Housing Market Report February 2025•Santa Fe County, New Mexico

Housing Prices in Downtown Santa Fe, NM

How much do homes in Downtown Santa Fe, NM cost?

Median List Price

$695,000$522/SqFt

+$50,000

+7.8%

Based on all homes listed in the last 12 months

Insight

The list price of homes in Downtown Santa Fe has increased by 7.8% since last year.

Summary: The median home list price in Downtown Santa Fe was $695,000 in February 2025, up 7.8% from the previous year, and the median price per square foot was $522.

Median List Price By Neighborhoods

City	Feb 2024	Feb 2025	Change YoY
Downtown Santa Fe	$645K	$695K	+7.8%
Historic Guadalupe	$599K	$645K	+7.7%
West Guadalupe Historic	$692.5K	$672.5K	-2.9%

Median List Price By Bedrooms

Beds	Feb 2024	Feb 2025	Change YoY
11 Bedroom	$425K	$500K	+17.6%
22 Bedrooms	$675K	$699K	+3.6%
33 Bedrooms	$787K	$895K	+13.7%
44 Bedrooms	$562.5K	$910K	+61.8%
55+ Bedrooms	$650K	$699.5K	+7.6%

Summary: Downtown Santa Fe housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +17.6%. The home price for 2 bedroom homes increased by +3.6%. The home price for 3 bedroom homes increased by +13.7%. The home price for 4 bedroom homes increased by +61.8%. The home price for 5 bedroom homes increased by +7.6%.

Housing supply in Downtown Santa Fe, NM

How many homes are available in Downtown Santa Fe, NM?

Number of Homes For Sale

Last Month	2 months ago	Change MoM
19Last MonthFeb 2025
192 months agoJan 2025	0.0 % Change MoMJan – Feb

Summary: The Downtown Santa Fe real estate market had 19 homes for sale in Feb 2025, the same as Jan 2025

Homes For Sale By Bedroom Count

Beds	Jan 2025	Feb 2025	Change MoM
11 Bedroom	3	3	0.0%
22 Bedrooms	8	10	+25.0%
33 Bedrooms	6	4	-33.3%
44 Bedrooms	2	2	0.0%
55+ Bedrooms	0	0	0.0%

Summary: Downtown Santa Fe housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +25.0%. The inventory for 3 bedroom homes decreased by -33.3%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Days on Market for Downtown Santa Fe, NM

How long does it take to sell a home in Downtown Santa Fe, NM?

Average Listing Age

This Year	1 year ago	Change YoY
146 DaysThis YearFeb 2025
117 Days1 year agoFeb 2024	+24.9 % Change YoYFeb 2024 – Feb 2025

Summary: Homes in Downtown Santa Fe had an average listing age of 146 days in Feb 2025, up by 24.9% compared to the previous year.

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Newest Listings in Downtown Santa Fe, NM

What homes are available in Downtown Santa Fe, NM?

See More Listings

living room with wood finished floors and a textured wall

New - 16 hours on Rocket

$2,601 Closing Credit¹

$219,000

Studio • 1 bath • 694 sqft

220 Irvine Unit T, Santa Fe NM 87501

#202500838, Monica Martinez-Pringle, Listing Office: Berkshire Hathaway HomeService

rear view of property featuring stucco siding

view of side of property featuring fence and stucco siding

view of side of home featuring a fenced backyard and stucco siding

New - 4 days on Rocket

$9,203 Closing Credit¹

$775,000

149 Candelario, Santa Fe NM 87501

#202500771, Leland Titus, Listing Office: Santa Fe Realty Unlimited

living room featuring wooden ceiling, light wood-style floors, and a notable chandelier

unfurnished living room featuring wood ceiling, visible vents, light wood-style flooring, and beam ceiling

New - 5 days on Rocket3D tour

$6,056 Closing Credit¹

$510,000

1 bed • 1 bath • 765 sqft

234 N Guadalupe Unit B, Santa Fe NM 87501

#202500545, Lauren Caffrey, Samantha Scarborough, Listing Office: Keller Williams Realty

view of front of home with gravel driveway, an attached garage, fence, and stucco siding

living area with recessed lighting, light wood-style flooring, a ceiling fan, wood ceiling, and baseboards

bedroom with ceiling fan, baseboard heating, and visible vents

$10,000 Closing Credit¹

$897,500

2 beds • 2 baths • 1,895 sqft

749 W Manhattan Ave, Santa Fe NM 87501

#202500364, David Woodard, Listing Office: Sotheby's Int. RE/Washington

3D tour

$7,363 Closing Credit¹

$620,000

2 beds • 1.5 baths • 1,410 sqft

128 Duran St, Santa Fe NM 87501

#202500485, Debra Hagey, Listing Office: Santa Fe Properties

tiled living room featuring wood ceiling, a fireplace, and beamed ceiling

3D tour

$9,755 Closing Credit¹

$821,500

2 beds • 2 baths • 1,028 sqft

103 Catron Unit 2, Santa Fe NM 87501

#202500430, Stefan Lark, Listing Office: Barker Realty, LLC

entrance to property featuring a patio area

$4,869 Closing Credit¹

$410,000

2 beds • 1 bath • 892 sqft

234 Fiesta, Santa Fe NM 87501

#202500225, Victor M. Ortega, Nathan Ortiz, Listing Office: NM Roots Real Estate

dining room with wood-type flooring and ceiling fan

$6,769 Closing Credit¹

$570,000

4 beds • 2 baths • 1,446 sqft

241 Maynard, Santa Fe NM 87501

#202404636, Marcos Zubia, Donna Sanchez-Zubia, Listing Office: Keller Williams Realty

living room featuring rail lighting, hardwood / wood-style floors, wooden ceiling, and beam ceiling

living room featuring a fireplace, hardwood / wood-style flooring, wood ceiling, track lighting, and beam ceiling

$10,000 Closing Credit¹

$975,000

1 bed • 2 baths • 2,046 sqft

637 Alto St Unit A, Santa Fe NM 87501

#202403874, Avril Ekstrand, Michaelann Huitfeldt, Listing Office: Santa Fe Properties

unfurnished living room with a brick fireplace, beam ceiling, and dark hardwood / wood-style floors

spare room featuring wood ceiling, beam ceiling, and dark hardwood / wood-style flooring

tiled spare room featuring an inviting chandelier and a wealth of natural light

3D tour

$9,470 Closing Credit¹

$797,500

2 beds • 2 baths • 1,671 sqft

602 Agua Fria, Santa Fe NM 87501

#202403160, Desirae Lagemann, Listing Office: Keller Williams Realty

view of patio featuring an outdoor living space

kitchen with stainless steel electric range oven, tile countertops, tasteful backsplash, and wall chimney range hood

kitchen with stainless steel fridge, pendant lighting, backsplash, light tile patterned floors, and a skylight

$10,000 Closing Credit¹

$1,250,000

4 beds • 4 baths • 1,496 sqft

229 Mckenzie, Santa Fe NM 87501

#202403255, Leland Titus, Listing Office: Santa Fe Realty Unlimited

living room featuring beam ceiling, sink, wooden ceiling, a wall unit AC, and light tile patterned flooring

living room with beamed ceiling and light tile patterned floors

3D tour

$10,000 Closing Credit¹

$1,300,000

2 beds • 2 baths • 1,440 sqft

2201/2 Mckenzie St, Santa Fe NM 87501

#202401961, Shakib Banihashemi, Listing Office: Santa Fe Properties

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MLS Disclaimers and Copyright

Based on information from Santa Fe MLS, for the period 03/01/2023 - 03/01/2025

The data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of Santa Fe Association of REALTORS® MLS, Inc. Real estate listings held by brokers other than this broker are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Copyright © 2025 Santa Fe Association of REALTORS® All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/4/2025, 12:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.