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Santa Fe North Housing Market Report March 2025•Santa Fe County, New Mexico
Housing Prices in Santa Fe North, NM
How much do homes in Santa Fe North, NM cost?
Housing Market Conditions
Is Santa Fe North, NM a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Santa Fe North is a Buyer's Market
Difference Since March 2024
At the same time last year, Santa Fe North was a Seller's Market.
Insight
Santa Fe North is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$805,000$340/SqFt
+$90,000
+12.6%
Based on all homes sold in the last 12 months
Insight
Homes in Santa Fe North have sold for 12.6% more than they did a year ago.
Summary: The median home sold price in Santa Fe North was $805,000 in March 2025, up 12.6% from last year, and the median price per square foot was $340.
Median Sold Price By Cities
| City | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| Santa Fe North | $715K | $805K | +12.6% |
| Santa Fe | $620.4K | $628.5K | +1.3% |
Median Sold Price By Bedrooms
| Beds | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $337K | $385K | +14.2% |
| 22 Bedrooms | $494.9K | $608.5K | +22.9% |
| 33 Bedrooms | $666K | $660K | -0.9% |
| 44 Bedrooms | $1.6M | $969.5K | -42.1% |
| 55+ Bedrooms | $1.2M | $1.5M | +25.8% |
Summary: Santa Fe North housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes increased by +14.2%. The home price for 2 bedroom homes increased by +22.9%. The home price for 3 bedroom homes decreased by -0.9%. The home price for 4 bedroom homes decreased by -42.1%. The home price for 5 bedroom homes increased by +25.8%.
How does Santa Fe North, 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 North, NM
Housing supply in Santa Fe North, NM
How many homes are available in Santa Fe North, NM?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 67Last MonthMar 2025 | ||
| 642 months agoFeb 2025 | +4.7 % Change MoMFeb – Mar |
Summary: The Santa Fe North real estate market had 67 homes for sale in Mar 2025, a 4.7 % increase compared to Feb 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 8Last MonthMar 2025 | ||
| 82 months agoFeb 2025 | 0.0 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 1 | +100.0% |
| 22 Bedrooms | 12 | 11 | -8.3% |
| 33 Bedrooms | 30 | 33 | +10.0% |
| 44 Bedrooms | 16 | 14 | -12.5% |
| 55+ Bedrooms | 6 | 8 | +33.3% |
Summary: Santa Fe North housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes decreased by -8.3%. The inventory for 3 bedroom homes increased by +10.0%. The inventory for 4 bedroom homes decreased by -12.5%. The inventory for 5 bedroom homes increased by +33.3%.
Asking Price vs. Sold Price
How much do homes in Santa Fe North, NM cost?
Over Asking Price0 Home
At Asking Price2 Homes
Under Asking Price6 Homes
Insight
If you're buying a home in Santa Fe North, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Santa Fe North in March 2025, the same as the previous month. Of the 8 sold homes, 75% were sold under asking, 25% were sold at asking, and and 0% were sold over asking.
Days on Market for Santa Fe North, NM
How long does it take to sell a home in Santa Fe North, NM?
Breakdown of Home Sale Times
Under 30 Days5 Homes
30 – 90 Days1 Home
Over 90 Days2 Homes
Insight
Many homes in Santa Fe North are selling fast, if you're buying plan to act quickly.
Summary: During March 2025, 8 homes were sold in Santa Fe North; 63% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 110 DaysThis YearMar 2025 | ||
| 88 Days1 year agoMar 2024 | +25.3 % Change YoYMar 2024 – Mar 2025 |
Summary: Homes in Santa Fe North had an average listing age of 110 days in Mar 2025, up by 25.3% compared to the previous year.
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Newest Listings in Santa Fe North, NM
What homes are available in Santa Fe North, NM?
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MLS Disclaimers and Copyright
Based on information from Santa Fe MLS, and Southwest Multiple Listing Service 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: 4/9/2025, 10:20:52 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: 4/9/2025, 10:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.