39Alpha

Santa Fe County, NM Housing Market Brief

county · NM · as of May 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%
+1.151
Inventory Health25%
+8.945
Affordability20%
4
Economic Strength20%
+6.460
Rental Yield15%
35

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

EmergingGrowingMaturePeakingDecliningRecovering

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

Santa Fe County, NM housing market data

MetricValueYoY
Median Sale Price$645K▲ +4.5%
Median Days on Market50 days▲ +4.2%
Months of Supply4.4-22.8%
Homes for Sale836-6.4%
Homes Sold191▲ +22.4%
Median Price / Sq Ft$347-4.3%
Sale-to-List Ratio98.4%▲ +0.7%

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

Now: 39
3-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?

As of May 2026, Santa Fe County, NM is classified as a Buyer's Market, based on its Alpha Score of 39 out of 100. The classification reflects current price, inventory, 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 $645K, having risen 4.5% over the past year.

How affordable is Santa Fe County, NM?

Santa Fe County, NM scores 4 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 (60/100) and its weakest is Affordability (4/100). 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.