32Alpha

Santa Fe County, NM Housing Market Brief

county · NM · as of August 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%
-0.650
Inventory Health25%
-5.241
Affordability20%
-1.03
Economic Strength20%
48
Rental Yield15%
-3.39

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

EmergingGrowingMaturePeakingDecliningRecovering

Santa Fe County, NM is classified as Declining cooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

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

Our model forecasts Santa Fe County, NM’s home prices to hold flat over the next 12 months (high confidence).

This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.

Santa Fe County, NM housing market data

MetricValueYoY
Median Sale Price$691K▲ +21.3%
Median Days on Market62 days-1.6%
Months of Supply5.7▲ +21.3%
Homes for Sale1,008▲ +6.2%
Homes Sold184-11.5%
Median Price / Sq Ft$362▲ +1.8%

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

Now: 32
12-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 August 2026, Santa Fe County, NM is classified as a Buyer's Market, based on its Alpha Score of 32 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 $691K, having risen 21.3% over the past year.

How affordable is Santa Fe County, NM?

Santa Fe County, NM scores 3 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 Price Momentum (50/100) and its weakest is Affordability (3/100). 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.