25Alpha

Santa Fe County, NM Housing Market Brief

county · NM · score computed October 2026

Buyer's

What is Santa Fe County, NM’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
●20
Inventory Health25%
●40

Population band 5 of 5 (population 103,008–9,808,667) · comparable within its band

Affordability20%
●5
Economic Strength20%
●44
Rental Yield15%
●9

Where is Santa Fe County, NM in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Santa Fe County, NM is classified as Recovering — turning back up after a downturn. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Santa Fe County, NM?

County-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.

Santa Fe County, NM housing market data

MetricValueYoYSource
Median Sale Price$682K▼ -5.4%Redfin
Median Days on Market80 days▲ +14.3%Redfin
Months of Supply5.8▲ +26.1%Redfin
Homes for Sale988▲ +5.1%Redfin
Homes Sold170▼ -17.5%Redfin
Median Price / Sq Ft$358▼ -3%Redfin

How has Santa Fe County, NM’s Alpha Score moved?

Now: 25
2-period trend
Median sale price · 12 mo

Markets like Santa Fe County, NM

Frequently asked questions

Is Santa Fe County, NM a buyer's or seller's market?

In the scores computed October 2026, Santa Fe County, NM is classified as a Buyer's Market, based on its Alpha Score of 25 out of 100. The classification reflects current price, building, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Santa Fe County, NM?

The median sale price in Santa Fe County, NM is $682K, having fallen 5.4% over the past year, according to Redfin.

How affordable is Santa Fe County, NM?

Santa Fe County, NM scores 5 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other counties.

What's driving Santa Fe County, NM's Alpha Score?

Santa Fe County, NM's strongest dimension is Economic Strength (44/100) and its weakest is Affordability (5/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Santa Fe County, NM? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.