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Santa Fe, NM 87508 Real Estate & Property Data

Santa Fe, NM 87508 Real Estate Market Trends

Last Updated: September 20, 2025

A total of 341 residential properties have been sold over the past 12 months in 87508. With a median sales price of $585,125 in 87508 and a total of 1 foreclosures in Santa Fe, NM 87508. Discover market trends and get the granular level real estate data for Santa Fe, NM 87508 to keep your pulse on the housing market. Curate compelling home reports for Santa Fe, NM 87508 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Santa Fe, NM 87508 Real Estate Market Trends

Get property data for any address in Santa Fe, NM 87508 or the country:

Total Residential Properties 9,335

Total Commercial Properties 163

Avg. Home Age (Single Family Home) 30 Years

Avg. Square Feet (Single Family Home) 2,102

Total 2025 Residential Sales (year-to-date) 143

% of Homes Seriously Underwater (Q3 2025) 1.16%

Total 2024 Residential Sales 374

% of Equity Rich Homes (Q3 2025) 50.5%

Effective 2024 Property Tax 0.47%

Total Foreclosure Filings (year-to-date) 2

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Santa Fe, NM 87508 Real Estate Overview

There were 341 residential properties sold in the past year in Santa Fe, NM 87508. The median home value in Santa Fe, NM 87508 is $623,938. There are a total of 9,335 residential properties in the 87508.

Median Sales Price i

$585,125

(Jul 2025)

-0.9%

year-over-year

y-o-y

July '25 Jul '25 $585,125
June '25 Jun '25 $538,257
May '25 May '25 $581,250
April '25 Apr '25 $636,800
March '25 Mar '25 $514,062
February '25 Feb '25 $505,988
January '25 Jan '25 $466,266
December '24 Dec '24 $578,683
November '24 Nov '24 $795,000
October '24 Oct '24 $627,672
September '24 Sep '24 $560,000
August '24 Aug '24 $537,656

Median Down Payment i

$116,800

(Jul 2025)

-9.3%

year-over-year

y-o-y

July '25 Jul '25 $116,800
June '25 Jun '25 $100,000
May '25 May '25 $115,260
April '25 Apr '25 $138,600
March '25 Mar '25 $104,625
February '25 Feb '25 $101,198
January '25 Jan '25 $97,354
December '24 Dec '24 $94,856
November '24 Nov '24 $165,000
October '24 Oct '24 $125,534
September '24 Sep '24 $131,400
August '24 Aug '24 $112,569

Number of Homes Sold i

23

(Jul 2025)

-41%

year-over-year

y-o-y

July '25 Jul '25 23
June '25 Jun '25 23
May '25 May '25 21
April '25 Apr '25 21
March '25 Mar '25 23
February '25 Feb '25 14
January '25 Jan '25 18
December '24 Dec '24 30
November '24 Nov '24 28
October '24 Oct '24 49
September '24 Sep '24 25
August '24 Aug '24 27

Number of Purchase Loans i

15

(Jul 2025)

-37.5%

year-over-year

y-o-y

July '25 Jul '25 15
June '25 Jun '25 13
May '25 May '25 12
April '25 Apr '25 15
March '25 Mar '25 15
February '25 Feb '25 6
January '25 Jan '25 18
December '24 Dec '24 17
November '24 Nov '24 16
October '24 Oct '24 28
September '24 Sep '24 15
August '24 Aug '24 22

Number of REFI Loans i

13

(Jul 2025)

year-over-year

y-o-y

July '25 Jul '25 13
June '25 Jun '25 15
May '25 May '25 20
April '25 Apr '25 19
March '25 Mar '25 18
February '25 Feb '25 12
January '25 Jan '25 11
December '24 Dec '24 12
November '24 Nov '24 14
October '24 Oct '24 12
September '24 Sep '24 17
August '24 Aug '24 12

Number of HELOC Loans i

8

(Jul 2025)

+14.3%

year-over-year

y-o-y

July '25 Jul '25 8
June '25 Jun '25 4
May '25 May '25 5
April '25 Apr '25 5
March '25 Mar '25 7
February '25 Feb '25 1
January '25 Jan '25 6
December '24 Dec '24 5
November '24 Nov '24 4
October '24 Oct '24 4
September '24 Sep '24 3
August '24 Aug '24 3

Santa Fe, NM 87508 Real Estate Market Overview

Last 30 days

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Santa Fe, NM 87508 Foreclosure Activity

There were a total of 1 Santa Fe, NM 87508 properties with a foreclosure filing in July 2025.

Total Foreclosure Filings i

1

(Jul 2025)

year-over-year

y-o-y

July '25 Jul '25 1
June '25 Jun '25 N/A
May '25 May '25 1
April '25 Apr '25 N/A
March '25 Mar '25 N/A
February '25 Feb '25 N/A
January '25 Jan '25 N/A
December '24 Dec '24 1
November '24 Nov '24 N/A
October '24 Oct '24 N/A
September '24 Sep '24 N/A
August '24 Aug '24 N/A

Completed Foreclosures (REOs) i

1

(Jul 2025)

July '25 Jul '25 1
June '25 Jun '25 N/A
May '25 May '25 N/A
April '25 Apr '25 1
March '25 Mar '25 N/A
February '25 Feb '25 N/A
January '25 Jan '25 N/A
December '24 Dec '24 N/A
November '24 Nov '24 N/A
October '24 Oct '24 N/A
September '24 Sep '24 N/A
August '24 Aug '24 N/A

Nearby Zip Codes

1. 87501
2. 87505
3. 87506
4. 87507

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