Santa Fe County, NM Average Home Price (2026)
The average home price in Santa Fe County, New Mexico is about $435,000 (the 2026 median across 12 ZIP codes, at ~$322/sq ft) — 36% more expensive than the New Mexico median and 51% more expensive than the typical U.S. home.
How Santa Fe County compares
Santa Fe County is relatively expensive for housing nationally: its typical home costs $435,000 against $319,000 for New Mexico and $289,000 for the U.S. Within the county, ZIP-level values run from about $320,000 to $1,099,000.
| Area | Typical value | $ / sq ft |
|---|---|---|
| Santa Fe County | $435,000 | $322 |
| New Mexico | $319,000 | $205 |
| United States | $289,000 | $193 |
Cities in Santa Fe County
Cities with their own home-value page, largest first:
Santa Fe County home prices by ZIP code
The 12 most valuable ZIP codes in Santa Fe County (of 12 with data):
| ZIP code | Typical value | $ / sq ft | vs county |
|---|---|---|---|
| 87506 Santa Fe | $1,099,000 | $575 | +153% |
| 87540 Lamy | $836,000 | $339 | +92% |
| 87501 Santa Fe | $732,000 | $515 | +68% |
| 87508 Santa Fe | $643,000 | $334 | +48% |
| 87505 Santa Fe | $562,000 | $436 | +29% |
| 87507 Santa Fe | $454,000 | $309 | +4% |
| 87535 Glorieta | $416,000 | $357 | -4% |
| 87056 Stanley | $408,000 | $240 | -6% |
| 87010 Cerrillos | $384,000 | $278 | -12% |
| 87015 Edgewood | $378,000 | $241 | -13% |
| 87567 Santa Cruz | $345,000 | $86 | -21% |
| 87522 Santa Cruz | $320,000 | $58 | -26% |
Home value appreciation in Santa Fe County
Home prices in Santa Fe County have risen about 95% over the last 10 years (≈6.9% a year) and +82.9% over 20 years, according to the FHFA house price index through 2025. The most recent year came in at +0.8% — roughly flat. A home worth $435,000 today was worth roughly $223,306 ten years ago.
See where that trend takes a specific home with the home appreciation calculator — statewide, New Mexico is +81.6% over the same 10 years. Past appreciation is a track record, not a forecast; local prices can fall.
Calculators for Santa Fe County
Run the numbers for Santa Fe County with the local rates already filled in — change any input to test your own situation.
Salary needed to buy a home in Santa Fe County
To buy the typical $435,000 home in Santa Fe County with 20% down, you need a household income of roughly $118,000 a year (about $2,760 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $141,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $21,800 | $3,430/mo | $147,000/yr |
| 10% (+PMI) | $43,500 | $3,280/mo | $141,000/yr |
| 20% | $87,000 | $2,760/mo | $118,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in Santa Fe County
At about $322 per square foot, here is roughly how much home different budgets get you in Santa Fe County:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $200k | 620 sq ft | below the local median — condos, smaller or older homes |
| $250k | 780 sq ft | below the local median — condos, smaller or older homes |
| $300k | 930 sq ft | below the local median — condos, smaller or older homes |
| $400k | 1240 sq ft | around the typical home here |
| $500k | 1550 sq ft | around the typical home here |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens filtered to New Mexico.
Estimate a specific home in Santa Fe County
Enter your ZIP and size for an instant estimate tailored to your exact area:
Santa Fe County home prices: frequently asked
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Browse all New Mexico cities and counties, or look up price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research; FHFA house price index; Census ZIP-to-county relationships), not appraisals.