Santa Fe, NM 87501 Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
Demographics
Economy
Santa Fe, NM — 87501
Market Hotness
46
Hotness Rank
#7,302
Hotness Score
46
Supply Score
24
Demand Score
67
DOM vs US
+13.8%
Slower
Price vs US
222%
Above avg
Median Listing Price
$956K
Population
16,007
Households
78,834
Median Days on Market
67
Active Listings
146
New Listings
42
Housing Market
Pricing
Median Listing Price
$956K
-6.6% YoY
Average Listing Price
$1.51M
-0.6% YoY
Price per Sq Ft
$512
-9.1% YoY
Median Sq Ft
1,831
-1.1% YoY
Inventory
Active Listings
146
+0.3% YoY
New Listings
42
+5.0% YoY
Total Listings
183
+1.1% YoY
Buyer Competition
Pending Listings
35
0.0% YoY
Pending Ratio
0.24
-0.1% YoY
Median Days on Market
67
+10.8% YoY
Price Reduced
21.3%
+3.6% YoY
Units & Occupancy
2024 Occupancy
79K
units
Occupied
70,767
89.8%
Vacant
8,067
10.2%
2024 Tenure
71K
occupied
Owner
50,603
71.5%
Renter
20,164
28.5%
Renter Share
28.5%
-3.0% YoY
Total Housing Units
78,834
+1.5% YoY
FY2026 Fair Market Rent — Santa Fe County
HUD government estimate (40th percentile) — not actual market asking rent.
Studio
$1,259
/month
1 BR
$1,390
/month
2 BR
$1,685
/month
3 BR
$2,122
/month
4 BR
$2,231
/month
FMR Trends — Santa Fe County
Source: HUD Fair Market Rents
Demographics
Median Age
48.7
2024
Population
ZIP Population
16,007
+3.9% YoY
Santa Fe County Population
157,765
+0.8% YoY
Households
Total Households
70,767
+2.0% YoY
Household Types
--
Not reported for this area (ACS).
Avg Household Size
2.17
-1.4% YoY
Age
2024 Age Mix
156K
residents
Under 18
25,077
16.1%
Adults 18–64
87,243
55.9%
65 & Over
43,785
28.0%
Age Composition Over Time
2017–2024
Population growth (first year = 100)
Share of population (change in pp)
Under 18
Adults 18–64
65 & Over
Population Under 18
25,077
-2.0% YoY
Population 65 & Over
43,785
+3.4% YoY
Median Age
48.70
+0.4% YoY
Mobility & Veterans
2024 Residential Mobility
of residents
Same house
89.6%
Moved (within US)
10.0%
Other
0.4%
Veterans
6.8%
-2.9% YoY
Economy
Income
Median Household Income
$79K
+5.9% YoY
Per-Capita Income
$52K
+6.7% YoY
Mean Household Income
$112K
+6.0% YoY
Poverty
Below Poverty Level
12.0%
-4.0% YoY
Transportation to Work
2023 Commute Mode
of workers
Drove alone
69.7%
Public transit
0.9%
Worked from home
17.0%
Other
12.4%
Worked From Home
18.4%
+8.2% YoY
Mean Commute
23.80
+2.1% YoY
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