2 hours on Rocket
$4,572 Closing Credit¹
#202501005, Jared English, Listing Office: Congress Realty
Santa Fe County Housing Market Report February 2025•Santa Fe County, New Mexico
Housing Prices in Santa Fe County, NM
How much do homes in Santa Fe County, NM cost?
Housing Market Conditions
Is Santa Fe County, NM a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Santa Fe County is a Neutral Market
Difference Since February 2024
At the same time last year, Santa Fe County was a Seller's Market.
Insight
Santa Fe County 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
$598,801$353/SqFt
+$11,515
+2.0%
Based on all homes sold in the last 12 months
Insight
Homes in Santa Fe County have sold for 2% more than they did a year ago.
Summary: The median home sold price in Santa Fe County was $598,801 in February 2025, up 2% from last year, and the median price per square foot was $353.
Median Sold Price By Counties
| City | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| San Miguel County | $220K | $291.7K | +32.6% |
| Bernalillo County | $338.6K | $352.3K | +4.0% |
| Los Alamos County | $580K | $598K | +3.1% |
| Santa Fe County | $587.2K | $598.8K | +2.0% |
Median Sold Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $325K | $350K | +7.7% |
| 22 Bedrooms | $488K | $500.4K | +2.6% |
| 33 Bedrooms | $606.3K | $618.7K | +2.0% |
| 44 Bedrooms | $750K | $787.2K | +5.0% |
| 55+ Bedrooms | $1.3M | $1.2M | -4.8% |
Summary: Santa Fe County housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +7.7%. The home price for 2 bedroom homes increased by +2.6%. The home price for 3 bedroom homes increased by +2.0%. The home price for 4 bedroom homes increased by +5.0%. The home price for 5 bedroom homes decreased by -4.8%.
How does Santa Fe County, 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 County, NM
Housing supply in Santa Fe County, NM
How many homes are available in Santa Fe County, NM?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 772Last MonthFeb 2025 | ||
| 8102 months agoJan 2025 | -4.7 % Change MoMJan – Feb |
Summary: The Santa Fe County real estate market had 772 homes for sale in Feb 2025, a 4.7 % decrease compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 122Last MonthFeb 2025 | ||
| 1532 months agoJan 2025 | -20.3 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 42 | 44 | +4.8% |
| 22 Bedrooms | 152 | 135 | -11.2% |
| 33 Bedrooms | 413 | 401 | -2.9% |
| 44 Bedrooms | 162 | 148 | -8.6% |
| 55+ Bedrooms | 41 | 44 | +7.3% |
Summary: Santa Fe County housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +4.8%. The inventory for 2 bedroom homes decreased by -11.2%. The inventory for 3 bedroom homes decreased by -2.9%. The inventory for 4 bedroom homes decreased by -8.6%. The inventory for 5 bedroom homes increased by +7.3%.
Asking Price vs. Sold Price
How much do homes in Santa Fe County, NM cost?
Over Asking Price10 Homes
At Asking Price23 Homes
Under Asking Price89 Homes
Insight
If you're buying a home in Santa Fe County, you may be able to get a good deal. 73% of homes here sold below asking price last month.
Summary: A total of 122 homes were sold or pending in Santa Fe County in February 2025, down by 20.3% month-over-month. Of the 122 sold homes, 73% were sold under asking, 19% were sold at asking, and and 8% were sold over asking.
Days on Market for Santa Fe County, NM
How long does it take to sell a home in Santa Fe County, NM?
Breakdown of Home Sale Times
Under 30 Days38 Homes
30 – 90 Days42 Homes
Over 90 Days42 Homes
Insight
Avg time on Rocket Homes in Santa Fe County has remained consistent over time.
Summary: During February 2025, 122 homes were sold in Santa Fe County; 31% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 34% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 76 DaysThis YearFeb 2025 | ||
| 58 Days1 year agoFeb 2024 | +31.5 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in Santa Fe County had an average listing age of 76 days in Feb 2025, up by 31.5% compared to the previous year.
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Newest Listings in Santa Fe County, NM
What homes are available in Santa Fe County, NM?
5 hours on Rocket
#1079969, Valentino Realty Group, Listing Office: Realty One Group Concierge
6 hours on Rocket
$10,000 Closing Credit¹
#202500997, Jennifer Wilson, Listing Office: Re/Max Select
6 hours on Rocket3D tour
$10,000 Closing Credit¹
#202500766, Caroline Rohrlich, Listing Office: Sotheby's Int. RE/Washington
7 hours on Rocket3D tour
$5,819 Closing Credit¹
#1079671, Miguel A Pena-Valenzuela, Listing Office: D.R. Horton, Inc.
8 hours on Rocket3D tour
$7,066 Closing Credit¹
#202500811, Caroline Rohrlich, Listing Office: Sotheby's Int. RE/Washington
10 hours on Rocket
#1079891, Evan Fraley, Listing Office: Relentless Real Estate
11 hours on Rocket
$6,947 Closing Credit¹
#202500981, Leea L. Musser, Listing Office: Sotheby's Int. RE/Washington
14 hours on Rocket3D tour
$4,928 Closing Credit¹
#202500857, Samantha Scarborough, Listing Office: Keller Williams Realty
1 day on Rocket
$1,876 Closing Credit¹
#202500969, Tamara Acker, Listing Office: Barker Realty, LLC
1 day on Rocket
$10,000 Closing Credit¹
#202500690, Alexander E. Nettey, Listing Office: Barker Realty, LLC
1 day on Rocket3D tour
$10,000 Closing Credit¹
#202500922, Lisa Smith, Listing Office: Sotheby's Int. RE/Grant
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MLS Disclaimers and Copyright
Based on information from Santa Fe MLS, Southwest Multiple Listing Service, North Texas Real Estate Information Systems Inc., MLS of Oklahoma, and MLS Technology Inc. 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: 3/13/2025, 11:20:53 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: 3/13/2025, 11:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
©2025 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 3/13/2025, 11:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Copyright© 2025 MLSOK, Inc. All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSOK, Inc. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. It may be subject to transcription and transmission errors. Accordingly, the data is provided as is, as available basis only and may not reflect all real estate activity in the market. The information on this web site 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. 
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 11:14:59 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 Greater Tulsa Association of Realtors. Information deemed reliable but not guaranteed. Information is provided for consumers’ personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Greater Tulsa Association of REALTORS® MLS. 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: 3/13/2025, 11:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 11:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.