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#202502848, Catherine Ish, Lisa Bybee, Listing office: Barker Realty, LLC, 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.
Insight
Santa Fe is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$650,000$367/SqFt
+$35,000
+5.7%
Based on all homes sold in the last 12 months
Insight
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
Insight
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
Insight
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.
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Newest Listings in Santa Fe, NM
What homes are available in Santa Fe, NM?
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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
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: 7/29/2025, 1:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. 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. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. 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: 7/29/2025, 1:45:26 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.