County market report · FIPS 35049
Santa Fe County, NM
Santa Fe, NM · Population 151,946 (Census V2020 est.)
Typical value
$548,874
Sep 2026
1M
-0.1%
3M
+0.3%
12M
+0.8%
5Y
+15.6%
10Y
+83.9%
From peak
-0.2%
Peak $550,086 · Dec 2024
Rank US / state
2221 / 17
by 12M change
Zillow Home Value Index
Source: Zillow Home Value Index (ZHVI), all homes, smoothed & seasonally adjusted · data through Sep 2026.
Inflection signal
Price-OnlyNo active signal this month.
Inventory, sales & days on market — Phase 2
Supply and demand confirmation is not yet available.
Yearly values (December)
| Year | ZHVI (Dec) | YoY change |
|---|---|---|
| 2025 | $545,874 | -0.8% |
| 2024 | $550,086 | +1.8% |
| 2023 | $540,269 | +3.6% |
| 2022 | $521,514 | +7.2% |
| 2021 | $486,667 | +14.8% |
| 2020 | $424,079 | +11.2% |
| 2019 | $381,298 | +10.8% |
| 2018 | $344,163 | +3.8% |
| 2017 | $331,509 | +10.2% |
| 2016 | $300,814 | +0.8% |
| 2015 | $298,552 | +4.2% |
| 2014 | $286,429 | +4.7% |
| 2013 | $273,667 | +2.3% |
| 2012 | $267,594 | +0.3% |
| 2011 | $266,763 | -6.9% |
| 2010 | $286,413 | -5.5% |
| 2009 | $302,989 | -9.6% |
| 2008 | $335,295 | -3.3% |
| 2007 | $346,726 | +4.4% |
| 2006 | $332,191 | +10.1% |
| 2005 | $301,769 | +9.1% |
| 2004 | $276,593 | +14.6% |
| 2003 | $241,441 | +7.0% |
| 2002 | $225,653 | — |