Market Intelligence · NM / Santa Fe

Santa Fe, NM 87507 Housing Market

The typical home in Santa Fe 87507 is worth $464,769, up 0.1% over the past year. The median list price stands at $535,000, with homes taking a median 59 days to sell.

Updated August 2026Median value$456K

The median home value in Santa Fe, NM 87507 is $456K as of August 2026, up 0.1% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 87507 range

$419K to $492K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+0.1% over 12 months

Typical home value in 87507 over the last 12 months: $456K in Aug 2025 to $456K in Aug 2026 (+0.1%).

Aug 2025$456K

Aug 2026$456K

The numbers

What is the 87507 housing market like?

Typical home value

$456K

Up0.1%YoY

Median list price

$535K

Down4.0%MoM

Days on market

59

Up9.3%MoM

Homes for sale

149

Up5.7%MoM

Price cuts

21.2%

Up12.2%MoM

New listings

56

Up27.3%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 87507 home prices compare?

  • 87507$455,797
  • Santa Fe$647,966
  • New Mexico$282,082
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Santa Fe: 5 ZIPs; New Mexico: 153 ZIPs; United States: 26,265 ZIPs).

Context

Santa Fe 87507 has 149 homes for sale with 56 new listings added recently. The median list price is $535,000, and homes are spending a median 59 days on market. A notable share of listings, 21.2%, have received price cuts. For sellers, this mix of moderate supply and longer selling times suggests you should be realistic about pricing if you want to move your home.

Monthly payment

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20% · $91,159

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