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ZIP 87506 in Santa Fe, NM: housing market trends

The median home sale price in ZIP 87506 in Santa Fe, NM was $1,652,015 for the three-month period ending September 2026. Sale prices were 13.6% higher than the same period one year earlier. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$1,652,015
three-month period ending September 2026
Median sale price per sq ft
$501.97
three-month period ending September 2026
Active listings
219
three-month period ending September 2026
Typical monthly rent
$2,384
Rent index · August 2026

How is housing inventory changing?

There were 219 active listings for the three-month period ending September 2026. Active listings were 6.8% lower than the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 83 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for ZIP 87506 in Santa Fe, NM
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$1,652,015$501.9769
Single-familySeptember 2026$1,721,566$501.9663
TownhousesSeptember 2026$1,127,615$517.703 · small sample
Condos / co-opsSeptember 2026$718,979$439.243 · small sample
Multifamily (2–4 units)September 2026UnavailableUnavailableUnavailable

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for ZIP 87506 in Santa Fe, NM
MarketMedian sale priceReporting period / source
Santa Fe, NM$743,000Month ending July 2026 · Zillow
Chimayo, NM$222,8443 months ending September 2026 · Redfin
Santa Cruz, NM$55,0003 months ending May 2026 · Redfin
Espanola, NMUnavailableMonth ending unavailable date · Zillow
Truchas, NM$284,8643 months ending September 2026 · Redfin
Los Alamos, NM$657,1873 months ending September 2026 · Redfin

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for ZIP 87506 in Santa Fe, NM
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$1,652,015$501.97219
August 2026$1,535,000$463.90237
July 2026$1,442,500$457.27243
June 2026$1,390,000$453.03237
May 2026$1,400,000$452.09216
April 2026$1,349,000$424.50198
March 2026$1,400,000$386.01184
February 2026$1,379,000$379.98183
January 2026$1,519,900$453.72194
December 2025$1,529,950$505.68212
November 2025$1,607,300$520.19227
October 2025$1,438,750$499.13232
September 2025$1,454,500$465.16235
August 2025$1,450,000$475.55226
July 2025$1,450,000$450.64218
June 2025$1,393,250$457.15221
May 2025$1,382,500$453.90211
April 2025$1,399,500$449.41200
March 2025$1,419,250$437.69182
February 2025$1,555,000$451.99186
January 2025$1,650,000$460.23183
December 2024$1,510,000$476.30192
November 2024$1,505,000$474.25207
October 2024$1,505,000$514.06213

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

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