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Historic Santa Fe Housing Market Report June 2025•Santa Fe County, New Mexico

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Housing Prices in Historic Santa Fe, NM

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

Housing Market Conditions

Is Historic Santa Fe, NM a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Historic Santa Fe is a Neutral Market

Difference Since June 2024

At the same time last year, Historic Santa Fe was a Seller's Market.

Insight

Historic Santa Fe is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$1,400,000$759/SqFt
+$176,000
+14.4%

Based on all homes sold in the last 12 months

Insight

Homes in Historic Santa Fe have sold for 14.4% more than they did a year ago.

Summary: The median home sold price in Historic Santa Fe was $1,400,000 in June 2025, up 14.4% from last year, and the median price per square foot was $759.

Median Sold Price By Neighborhoods

Median Sold Price By Neighborhoods
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Historic Santa Fe
+14.4%
Downtown Santa Fe
+12.4%
San Acacio
-12.2%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJun 2024Jun 2025Change YoY
1$732.5K$640K
-12.6%
2$1.1M$1.1M
-0.4%
3$1.7M$1.7M
+1.0%
4$2.3M$2.3M
-0.2%
5$2.8M$2.8M
0.5%

Summary: Historic Santa Fe housing price by bedroom type for June 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -12.6%. The home price for 2 bedroom homes decreased by -0.4%. The home price for 3 bedroom homes increased by +1.0%. The home price for 4 bedroom homes decreased by -0.2%. The home price for 5 bedroom homes increased by 0.5%.

How does Historic Santa Fe, NM compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Historic Santa Fe, NM

Housing supply in Historic Santa Fe, NM

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

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
25Last MonthJun 2025
212 months agoMay 2025
+19.0 %
Change MoMMay – Jun

Summary: The Historic Santa Fe real estate market had 25 homes for sale in Jun 2025, a 19.0 % increase compared to May 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
4Last MonthJun 2025
32 months agoMay 2025
+33.3 %
Change MoMMay – Jun

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsMay 2025Jun 2025Change MoM
144
0.0%
277
0.0%
336
+100.0%
445
+25.0%
533
0.0%

Summary: Historic Santa Fe housing inventory by bedroom type for June 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +100.0%. The inventory for 4 bedroom homes increased by +25.0%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

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

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price1 Home

Under Asking Price3 Homes

Insight

If you're buying a home in Historic Santa Fe, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Historic Santa Fe in June 2025, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and and 0% were sold over asking.

Days on Market for Historic Santa Fe, NM

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

Breakdown of Home Sale Times

Under 30 Days1 Home

30 – 90 Days1 Home

Over 90 Days2 Homes

Insight

Most homes in Historic Santa Fe are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During June 2025, 4 homes were sold in Historic Santa Fe; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
97 DaysThis YearJun 2025
6 Days1 year agoJun 2024
+1529.2 %
Change YoYJun 2024 – Jun 2025

Summary: Homes in Historic Santa Fe had an average listing age of 97 days in Jun 2025, up by 1529.2% compared to the previous year.

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Newest Listings in Historic Santa Fe, NM

What homes are available in Historic Santa Fe, NM?

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MLS Disclaimers and Copyright

Based on information from Santa Fe MLS, for the period 07/01/2023 - 07/01/2025

IDXThe 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: 7/30/2025, 12:45:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.