Market Intelligence · NM / Santa Fe

Santa Fe, NM 87507 Housing Market

The typical home value in Santa Fe's 87507 ZIP code is $464,000, down 0.1% over the past year. The median list price sits at $580,917, and homes take a median of 54 days on market.

Updated June 2026Median value$464K

The median home value in Santa Fe, NM 87507 is $464K as of June 2026, down 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

$427K to $501K

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: $464K in Jun 2025 to $464K in Jun 2026 (-0.1%).

Jun 2025$464K

Jun 2026$464K

The numbers

What is the 87507 housing market like?

Typical home value

$464K

Down0.1%YoY

Median list price

$581K

Days on market

54

Down19.4%MoM

Homes for sale

131

Price cuts

19.6%

New listings

56

Sources · Zillow ZHVI (June 2026) / Realtor.com (June 2026) / FRED (July 2026)

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The comparison

How do 87507 home prices compare?

  • 87507$464,000
  • Santa Fe$657,062
  • New Mexico$279,729
  • United States$291,471

Median Zillow home value (ZHVI), as of June 2026. Comparison levels are medians across every ZIP code with Zillow data (Santa Fe: 5 ZIPs; New Mexico: 154 ZIPs; United States: 26,270 ZIPs).

Context

As of June 2026, there are 131 homes for sale across 87507, with 56 new listings added recently. The median list price is $580,917, while the typical home value is $464,000, down 0.1% over the past year. Homes take a median of 54 days on market, and 19.6% of listings have had a price cut. For sellers, this points to a market where patience and realistic pricing matter more than expecting a quick sale.

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