Santa Fe County, NM real estate

What the numbers say

Santa Fe County, NM real estate at a glance

By AstroCore · Realtor.com, US Census and Freddie Mac data

In September 2026, the median home in Santa Fe County listed for $776,500, down 5.4% from a year earlier. That is 94% above the New Mexico median of $399,475.

Homes spent a median of 81 days on the market, slower than 80 days a year ago. That makes Santa Fe County the #8 fastest-selling of 12 New Mexico counties we track.

Homeowners in Santa Fe County pay a median of $2,152 a year in property taxes on a median home value of $446,300, an effective rate of about 0.48%. The New Mexico average is 0.70%, which makes Santa Fe County the #11 lowest-tax of 33 counties in the state with published tax data.

Renters pay a median of $1,389 a month, and $1,535 for a two-bedroom. At today's prices a typical home costs about 47 times a year's rent, which generally favors renting over buying in the short term.

With 20% down and today's 7.24% average 30-year rate, the monthly payment on a $777,000 home here comes to about $4,869 including property tax and insurance. Lenders typically want that to be under 28% of income, which works out to roughly $209,000 a year (the median household here earns $79,071).