7 hours on Rocket
$8,301 Closing Credit¹
#202501734, James Delgado, Listing Office: Barker Realty, LLC
Santa Fe County Housing Market Report March 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 Seller's Market
Difference Since March 2024
Since last year, Santa Fe County has remained a Seller's Market.
Insight
Santa Fe County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$598,770$354/SqFt
+$9,175
+1.6%
Based on all homes sold in the last 12 months
Insight
Homes in Santa Fe County have sold for 1.6% more than they did a year ago.
Summary: The median home sold price in Santa Fe County was $598,770 in March 2025, up 1.6% from last year, and the median price per square foot was $354.
Median Sold Price By Counties
| City | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| Bernalillo County | $340K | $353.2K | +3.9% |
| Santa Fe County | $589.5K | $598.7K | +1.6% |
| Torrance County | $233K | $233.6K | 0.3% |
| Los Alamos County | $600.1K | $585K | -2.5% |
Median Sold Price By Bedrooms
| Beds | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $325K | $350K | +7.7% |
| 22 Bedrooms | $487.7K | $505K | +3.5% |
| 33 Bedrooms | $611.1K | $624.7K | +2.2% |
| 44 Bedrooms | $720K | $787.5K | +9.4% |
| 55+ Bedrooms | $1.4M | $1.2M | -15.2% |
Summary: Santa Fe County housing price by bedroom type for March 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 +3.5%. The home price for 3 bedroom homes increased by +2.2%. The home price for 4 bedroom homes increased by +9.4%. The home price for 5 bedroom homes decreased by -15.2%.
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 |
|---|---|---|
| 835Last MonthMar 2025 | ||
| 8042 months agoFeb 2025 | +3.9 % Change MoMFeb – Mar |
Summary: The Santa Fe County real estate market had 835 homes for sale in Mar 2025, a 3.9 % increase compared to Feb 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 168Last MonthMar 2025 | ||
| 1322 months agoFeb 2025 | +27.3 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 44 Bedrooms | 158 | 162 | +2.5% |
| 11 Bedroom | 49 | 51 | +4.1% |
| 22 Bedrooms | 144 | 153 | +6.3% |
| 33 Bedrooms | 409 | 420 | +2.7% |
| 55+ Bedrooms | 44 | 49 | +11.4% |
Summary: Santa Fe County housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 4 bedroom homes increased by +2.5%. The inventory for 1 bedroom homes increased by +4.1%. The inventory for 2 bedroom homes increased by +6.3%. The inventory for 3 bedroom homes increased by +2.7%. The inventory for 5 bedroom homes increased by +11.4%.
Asking Price vs. Sold Price
How much do homes in Santa Fe County, NM cost?
Over Asking Price19 Homes
At Asking Price38 Homes
Under Asking Price110 Homes
Insight
If you're buying a home in Santa Fe County, you may be able to get a good deal. 65.9% of homes here sold below asking price last month.
Summary: A total of 168 homes were sold or pending in Santa Fe County in March 2025, up by 27.3% month-over-month. Of the 167 sold homes, 66% were sold under asking, 23% were sold at asking, and and 11% 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 Days103 Homes
30 – 90 Days34 Homes
Over 90 Days31 Homes
Insight
Many homes in Santa Fe County are selling fast, if you're buying plan to act quickly.
Summary: During March 2025, 168 homes were sold in Santa Fe County; 61% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 55 DaysThis YearMar 2025 | ||
| 67 Days1 year agoMar 2024 | -18.3 % Change YoYMar 2024 – Mar 2025 |
Summary: Homes in Santa Fe County had an average listing age of 55 days in Mar 2025, down by 18.3% 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?
10 hours on RocketTour
#202501689, Gavin Sayers, Listing Office: Santa Fe Properties/Washington
10 hours on Rocket
$6,994 Closing Credit¹
#202501819, Brian Blount, Listing Office: Sotheby's Int. RE/Grant
12 hours on Rocket
#202501693, Helen Jackson, Listing Office: Q Realty, Inc.
12 hours on Rocket
#202501787, Helen Jackson, Listing Office: Q Realty, Inc.
12 hours on Rocket
#202501790, Helen Jackson, Listing Office: Q Realty, Inc.
12 hours on Rocket
#202501786, Helen Jackson, Listing Office: Q Realty, Inc.
12 hours on Rocket
#202501792, Helen Jackson, Listing Office: Q Realty, Inc.
14 hours on Rocket
#202501880, Darlene L. Streit, Listing Office: Sotheby's Int. RE/Grant
15 hours on Rocket
$9,975 Closing Credit¹
#202501822, Anna Vanderlaan, Listing Office: Keller Williams Realty
16 hours on Rocket
$10,000 Closing Credit¹
#202501274, Carol Hawkins, Listing Office: Barker Realty, LLC
18 hours on Rocket
$10,000 Closing Credit¹
#202501532, Michaelann Huitfeldt, Avril Ekstrand, Listing Office: Santa Fe Properties
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MLS Disclaimers and Copyright
Based on information from Santa Fe MLS, Southwest Multiple Listing Service, MLS of Oklahoma, and MLS Technology Inc. for the period 04/01/2023 - 04/01/2025
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: 5/1/2025, 7:20:52 AM 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: 5/1/2025, 7:20:48 AM 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: 5/1/2025, 12:59:49 AM 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: 5/1/2025, 7:20:49 AM 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: 5/1/2025, 7:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.