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All market snapshots / 87507

Santa Fe, NM 87507 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Santa Fe, NM inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.10
ActiveActive listings: 8787PendingPending sales: 99
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): $535k$535kSoldMedian sold price (last 6 months): $506k$506k
What homes actually sell for in Santa Fe, NM
Distribution of 272 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $420k to $630k
$325k to $409k: 48 sales$325k$409k to $494k: 61 sales61sales$494k to $578k: 58 sales$494k$578k to $662k: 39 sales$662k to $747k: 13 sales$662k$747k to $831k: 16 sales$831k to $916k: 4 sales$831k$916k to $1M: 7 salesMedian $506k

What the numbers say

As of September 14, 2026, Resideline is tracking 87 active listings and 9 pending sales in ZIP code 87507. That pending-to-active ratio of 0.10 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $535,000, while the median of the 272 closed sales Resideline tracked over the last six months was $505,800. 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 65 days.

Frequently asked questions

What is the median home price in 87507?

The median closed sale price in Santa Fe, NM 87507 was $505,800 over the last six months, based on 272 closed sales tracked by Resideline. The middle half of those sales ranged from $420,000 to $630,000.

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

Resideline is currently tracking 9 pending sales against 87 active listings in 87507, a pending-to-active ratio of 0.10. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 87507 currently looks like a balanced market.

Nearby ZIP code market data

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