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The median home value in Santa Fe, NM is $591,316 as of 2026-07-31, up 0.63% from a year earlier.
Median Home Value
$591,316
Year-over-Year
+0.63%
Population
89,652
Santa Fe ranks #2 of 27 New Mexico cities tracked here by median home value, and sits 132.5% above the state's city median of $254,309. It sits in Santa Fe County, where the county-wide median is $562,474.
Median household income in Santa Fe is $73,482, so the typical home value is about 8.0× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.
Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).
Santa Fe police recorded a violent crime rate of 842 per 100,000 residents in 2024 — higher than most cities that report to the FBI. Property crime runs at 5,157 per 100,000.
Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).
People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In Santa Fe, that value is $591,316. That's up 0.63% from a year earlier. It is about 132.5% above the typical New Mexico city tracked here.
Homes in Santa Fe are more expensive than Santa Fe County as a whole, where the median is $562,474 — a difference of about 5.1%.
Median household income here is $73,482, so the typical home value is about 8.0× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.
Santa Fe police reported 842 violent crimes per 100,000 residents, covering a population of about 89,652. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.
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