#202502857, Chris J. Pearson Kramer, Listing office: Sotheby's Int. RE/Grant
Santa Fe Housing Market Report June 2025•Santa Fe County, New Mexico
Housing Prices in Santa Fe, NM
How much do homes in Santa Fe, NM cost?
Housing Market Conditions
Is Santa Fe, NM a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Santa Fe is a Buyer's Market
Difference Since June 2024
At the same time last year, Santa Fe was a Seller's Market.
Santa Fe is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Santa Fe have sold for 5.7% more than they did a year ago.
Summary: The median home sold price in Santa Fe was $650,000 in June 2025, up 5.7% from last year, and the median price per square foot was $367.
Median Sold Price By Cities
City | Jun 2024 | Jun 2025 | Change YoY |
---|---|---|---|
Santa Fe North | $720.7K | $876K | +21.6% |
Santa Fe | $615K | $650K | +5.7% |
Santa Fe South | $665K | $699.5K | +5.2% |
Median Sold Price By Bedrooms
Beds | Jun 2024 | Jun 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $339K | $360.3K | +6.3% |
22 Bedrooms | $504.7K | $500K | -0.9% |
33 Bedrooms | $635K | $687K | +8.2% |
44 Bedrooms | $825K | $876.3K | +6.2% |
55+ Bedrooms | $1.4M | $1.2M | -11.4% |
Summary: Santa Fe housing price by bedroom type for June 2025, compared to the previous year. The home price for 1 bedroom homes increased by +6.3%. The home price for 2 bedroom homes decreased by -0.9%. The home price for 3 bedroom homes increased by +8.2%. The home price for 4 bedroom homes increased by +6.2%. The home price for 5 bedroom homes decreased by -11.4%.
How does 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.
Santa Fe, NM
Housing supply in Santa Fe, NM
How many homes are available in Santa Fe, NM?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
984Last MonthJun 2025 | ||
9112 months agoMay 2025 | +8.0 % Change MoMMay – Jun |
Summary: The Santa Fe real estate market had 984 homes for sale in Jun 2025, a 8.0 % increase compared to May 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
139Last MonthJun 2025 | ||
1422 months agoMay 2025 | -2.1 % Change MoMMay – Jun |
Homes For Sale By Bedroom Count
Beds | May 2025 | Jun 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 50 | 54 | +8.0% |
22 Bedrooms | 180 | 189 | +5.0% |
33 Bedrooms | 458 | 490 | +7.0% |
44 Bedrooms | 168 | 183 | +8.9% |
55+ Bedrooms | 55 | 68 | +23.6% |
Summary: Santa Fe housing inventory by bedroom type for June 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +8.0%. The inventory for 2 bedroom homes increased by +5.0%. The inventory for 3 bedroom homes increased by +7.0%. The inventory for 4 bedroom homes increased by +8.9%. The inventory for 5 bedroom homes increased by +23.6%.
Asking Price vs. Sold Price
How much do homes in Santa Fe, NM cost?
Over Asking Price12 Homes
At Asking Price39 Homes
Under Asking Price88 Homes
If you're buying a home in Santa Fe, you may be able to get a good deal. 63.3% of homes here sold below asking price last month.
Summary: A total of 139 homes were sold or pending in Santa Fe in June 2025, down by 2.1% month-over-month. Of the 139 sold homes, 63% were sold under asking, 28% were sold at asking, and and 9% were sold over asking.
Days on Market for Santa Fe, NM
How long does it take to sell a home in Santa Fe, NM?
Breakdown of Home Sale Times
Under 30 Days89 Homes
30 – 90 Days29 Homes
Over 90 Days21 Homes
Many homes in Santa Fe are selling fast, if you're buying plan to act quickly.
Summary: During June 2025, 139 homes were sold in Santa Fe; 64% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
48 DaysThis YearJun 2025 | ||
31 Days1 year agoJun 2024 | +52.5 % Change YoYJun 2024 – Jun 2025 |
Summary: Homes in Santa Fe had an average listing age of 48 days in Jun 2025, up by 52.5% compared to the previous year.
Connect With An Agent
Local real estate agents are ready to help you find a home here
Sell My Home
Sell your home with an expert or get the job done on your own.
Get Approved
Get a customizable mortgage solution based on today's rates.
Newest Listings in Santa Fe, NM
What homes are available in Santa Fe, NM?
Nearby markets
Popular Cities with Homes for Sale in New Mexico
- Homes for sale in Albuquerque, NM
- Homes for sale in Anthony, NM
- Homes for sale in Belen, NM
- Homes for sale in Bernalillo, NM
- Homes for sale in Cerrillos, NM
- Homes for sale in Corrales, NM
- Homes for sale in Edgewood, NM
- Homes for sale in Espanola, NM
- Homes for sale in Los Lunas, NM
- Homes for sale in Moriarty, NM
- Homes for sale in Placitas, NM
- Homes for sale in Rio Rancho, NM
- Homes for sale in Sandia Park, NM
- Homes for sale in Santa Fe, NM
- Homes for sale in Tijeras, NM
MLS Disclaimers and Copyright
Based on information from Santa Fe MLS, and Southwest Multiple Listing Service for the period 07/01/2023 - 07/01/2025

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: 7/9/2025, 12:55:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Copyright © 2025 Southwest Multiple Listing Service. 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: 7/9/2025, 12:55:26 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.