Santa Fe, NM Housing Market 2026: What Homes Actually Sell For
What homes actually sell for in Santa Fe: a median closing price of $550,000 across 578 closings Resideline tracked over the last six months, plus the full price spread.
If you invest in or around Santa Fe, the number that matters is what homes actually close for, not what sellers are asking. Here is what Santa Fe sale prices look like right now, built from the closings Resideline tracked over the last six months, as of August 2026.
The snapshot
- •Closings tracked, last 6 months: 578
- •Median sold price, last 6 months: $550,000
- •Median sold $/sqft, last 6 months: $350
- •Middle half of sales closed between: $425,000 and $789,000
What the numbers say
Resideline tracked 578 closed sales in Santa Fe over the last six months, with a median closing price of $550,000. That median is the midpoint of what buyers actually paid, not what sellers hoped to get, which is why it moves differently from the asking prices you see on listing sites. The middle half of those sales closed between $425,000 and $789,000. That spread matters more than the headline median: where a specific property sits inside it decides whether the citywide number helps you or misleads you. These are the closings Resideline tracks and may differ from complete county or municipal records. Across the 578 closings with usable living area, the middle half sold between $298 and $474 per square foot.
Figures last updated August 22, 2026 from closings Resideline tracked.
Median home price in Santa Fe, NM (August 2026)
The median home price in Santa Fe is $550,000, measured across the 578 closed sales Resideline tracked over the last six months. The middle half of those sales closed between $425,000 and $789,000.
Where Santa Fe sale prices land
Medians hide the shape of a market. The distribution above covers the closed sales Resideline tracked in Santa Fe over the last six months, trimmed to the 5th through 95th percentile, with the middle half of sales closing between $425,000 and $789,000. Where your target property sits inside that spread matters more than the citywide median.
How long a sale takes here
- •Listed to under contract: a median of 23 days, across 547 Santa Fe closings Resideline tracked in the last six months
- •Contract to closing: a median of 32 days, across 559 Santa Fe closings Resideline tracked in the last six months
The Santa Fe angle
Santa Fe gives you a wide range and enough closed data to navigate it. Across 578 closings Resideline tracked over the last six months, the median closed sale price was $550,000, and the middle half of sales closed between $425,000 and $789,000, a wider band than most markets we track and one with more room above the median than below. Treat the citywide median as a weak prior and nothing more.
From market read to offer price
A market read is the backdrop. The decision still comes down to one property and one number: what it is actually worth and what you should pay. Every Resideline report opens with this same market snapshot for the subject's exact ZIP code, then gives you the property's value, the sold comps behind it, and a market rent estimate. Pricing a specific deal? The free ARV calculator and rental property calculator run the numbers in about a minute.
And we show our work. Every estimate is frozen while the home is for sale and graded against the real closing price after it sells. As of August 2026, the public scoreboard showed 3.26% median error across 12,516+ graded closings. See the live accuracy dashboard for the receipts, or read how the Area Market Snapshot works.
Run any Santa Fe address through Resideline and you will see the local market and the property's value together, in one report.
Cite this
Using these numbers? Please cite the source and the sample size:
Source: Resideline Market Watch
Market: Santa Fe, NM
Data updated: August 2026
Analysis period: last six months
Tracked closings: 578
Median sold price: $550,000
Median sold $/sqft: $350 (578 qualifying)
https://resideline.com/blog/santa-fe-nm-housing-market
The local market statistics in this report are calculated from closed sales tracked by Resideline. Transaction coverage may differ from complete county or municipal records.
Every local market figure on this page is computed from closed sales Resideline tracked in Santa Fe over the last six months, and is refreshed when the data is.
Frequently Asked Questions
What is the median home price in Santa Fe?
The median sold price in Santa Fe over the last 6 months is $550,000, measured across 578 closings Resideline tracked.
How many homes sold in Santa Fe last month?
Resideline tracked 83 closed sales in Santa Fe in July 2026, out of 578 closings tracked over the last six months. These are tracked samples of market activity, not official county totals.
What is the typical sale price range in Santa Fe?
The middle half of Santa Fe sales over the last six months closed between $425,000 and $789,000, with a median of $550,000.
What is the typical price per square foot in Santa Fe?
Among qualifying Santa Fe closings Resideline tracked over the last six months, the median sold price per square foot was $350, measured across 578 sales with usable living area. Median is used rather than average because outliers distort the mean.
What should a Santa Fe, NM comp set look like?
Narrow and evidenced. Resideline tracked 578 closings over six months, with a median of $550,000 and the middle half between $425,000 and $789,000, a band wider than most markets we track and with more room above the median than below it.
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