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All market snapshots / 87507

Santa Fe, NM 87507 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Santa Fe, NM inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.14
ActiveActive listings: 8181PendingPending sales: 1111
Santa Fe, NM: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $575k$575kSoldMedian sold price (last 6 months): $510k$510k
What homes actually sell for in Santa Fe, NM
Distribution of 234 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $439k to $650k
$325k to $416k: 41 sales$325k$416k to $506k: 64 sales64sales$506k to $596k: 39 sales$506k$596k to $687k: 34 sales$687k to $778k: 13 sales$687k$778k to $868k: 7 sales$868k to $958k: 9 sales$868k$958k to $1.05M: 5 salesMedian $510k

What the numbers say

As of October 26, 2026, Resideline is tracking 81 active listings and 11 pending sales in ZIP code 87507. That pending-to-active ratio of 0.14 makes it a typical-pace market: listings are going under contract at about the pace of most ZIP codes Resideline tracks.

The median asking price of current listings is $575,000, while the median of the 234 closed sales Resideline tracked over the last six months was $510,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 87507 for 89 days.

Frequently asked questions

What is the median home price in 87507?

The median closed sale price in Santa Fe, NM 87507 was $510,000 over the last six months, based on 234 closed sales tracked by Resideline. The middle half of those sales ranged from $439,000 to $649,750.

Is 87507 a buyer's or seller's market?

Resideline is currently tracking 11 pending sales against 81 active listings in 87507, a pending-to-active ratio of 0.14. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 87507 is currently a typical-pace market.

Nearby ZIP code market data

Full Santa Fe, NM housing market report →

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