As of August 16, 2026, the median list price in Santa Fe, New Mexico (city limits / City of Santa Fe MLS city designation) is $695,000 across 1,400 active listings. For residential homes (single-family and attached), the median list price is $891,250 at a median of $416 per square foot. 268 new listings hit the market in the last 30 days. With 238 listings under contract (17.0% of inventory), conditions point to a balanced-to-seller's market.
Santa Fe Market Snapshot (city-level data)
| Metric | Value |
|---|---|
| Active listings (inventory) | 1,400 |
| Median list price | $695,000 |
| Average (mean) list price | $1,135,514 |
| Middle 50% price range (P25–P75) | $400,000 – $1,359,500 |
| Median price per sqft | $414/sqft |
| Median days on market | 60 days |
| New listings (last 30 days) | 268 |
| Under contract | 238 (17.0%) |
| Median year built | 1995 |
| Median living area | 2,148 sqft |
By Property Type
| Property type | Inventory | Median list price | Median $/sqft | Median DOM |
|---|---|---|---|---|
| Residential (single-family & attached homes) | 792 | $891,250 | $416 | 52 |
| Condominium / townhome | 174 | $482,000 | $411 | 62 |
| Vacant land & lots | 305 | $295,000 | — | 111 |
| Multi-family | 25 | $895,000 | — | 66 |
Frequently Asked Questions
What is the median home price in Santa Fe, New Mexico?
As of August 16, 2026, the median list price in Santa Fe, New Mexico (city limits / City of Santa Fe MLS city designation) is $695,000 across 1,400 active listings (all property types). For residential homes specifically, the median list price is $891,250.
What is the average price per square foot in Santa Fe, NM?
The median price per square foot in Santa Fe, New Mexico (city limits / City of Santa Fe MLS city designation) is $414/sqft (mean $487/sqft), based on 965 listings with reported square footage, as of August 16, 2026.
How long do homes take to sell in Santa Fe, NM?
Active listings in Santa Fe, New Mexico (city limits / City of Santa Fe MLS city designation) show a median of 60 days on market (mean 131 days) as of August 16, 2026. Well-priced homes in high-demand segments move faster than the median.
Is Santa Fe a buyer's or seller's market right now?
Current data points to a balanced-to-seller's market in Santa Fe, New Mexico (city limits / City of Santa Fe MLS city designation): 17% of listed inventory is under contract — steady absorption (238 of 1,400 listings under contract as of August 16, 2026).
What price range covers most homes for sale in Santa Fe, NM?
The middle 50% of active listings in Santa Fe, New Mexico (city limits / City of Santa Fe MLS city designation) are priced between $400,000 and $1,359,500. Listings range from $22,500 up to $16,500,000, so segment matters — averages alone can mislead.
Data source & methodology: Statistics computed from Santa Fe Association of REALTORS® (SFAR) MLS data as displayed via IDX on buysellnewmexico.com, snapshot date August 16, 2026. Geographic bin: Santa Fe, New Mexico (city limits / City of Santa Fe MLS city designation) (bin type: city). Figures reflect ACTIVE and ACTIVE-UNDER-CONTRACT listings; sold/closed statistics are reported separately. Median values are used in preference to averages to limit distortion from luxury-segment outliers. Metrics with insufficient reporting samples are omitted rather than estimated. Prepared by Matthew Scarborough — Scarborough Realty Group, Keller Williams Santa Fe.