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Santa Fe, NM 87508 Real Estate & Property Data

Santa Fe, NM 87508 Real Estate Market Trends

Last Updated: April 27, 2024

A total of 377 residential properties have been sold over the past 12 months in 87508. With a median sales price of $486,257 in 87508 and a total of 3 foreclosures in Santa Fe, NM 87508. Discover market trends and get the granular level real estate data for Santa Fe, NM 87508 to keep your pulse on the housing market. Curate compelling home reports for Santa Fe, NM 87508 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Santa Fe, NM 87508 Real Estate Market Trends

Get property data for any address in Santa Fe, NM 87508 or the country:

Total Residential Properties 9,239

Total Commercial Properties 169

Avg. Home Age (Single Family Home) 29 Years

Avg. Square Feet (Single Family Home) 2,102

Total 2024 Residential Sales (year-to-date) 45

% of Homes Seriously Underwater (Q2 2024) 0.81%

Total 2023 Residential Sales 352

% of Equity Rich Homes (Q2 2024) 52.05%

Effective 2023 Property Tax 0.46%

Total Foreclosure Filings (year-to-date) 3

Santa Fe, NM 87508 Real Estate Overview

There were 377 residential properties sold in the past year in Santa Fe, NM 87508. The median home value in Santa Fe, NM 87508 is $598,572. There are a total of 9,239 residential properties in the 87508.

Median Sales Price i

$486,257

(Feb 2024)

-7%

year-over-year

y-o-y

February '24 Feb '24 $486,257
January '24 Jan '24 $464,976
December '23 Dec '23 $497,500
November '23 Nov '23 $466,250
October '23 Oct '23 $665,000
September '23 Sep '23 $531,250
August '23 Aug '23 $520,000
July '23 Jul '23 $548,625
June '23 Jun '23 $587,500
May '23 May '23 $548,047
April '23 Apr '23 $454,688
March '23 Mar '23 $468,531

Median Down Payment i

$100,975

(Feb 2024)

+0.2%

year-over-year

y-o-y

February '24 Feb '24 $100,975
January '24 Jan '24 $87,570
December '23 Dec '23 $99,500
November '23 Nov '23 $93,250
October '23 Oct '23 $136,250
September '23 Sep '23 $106,250
August '23 Aug '23 $92,000
July '23 Jul '23 $109,725
June '23 Jun '23 $117,500
May '23 May '23 $118,750
April '23 Apr '23 $90,938
March '23 Mar '23 $106,563

Number of Homes Sold i

26

(Feb 2024)

-7.1%

year-over-year

y-o-y

February '24 Feb '24 26
January '24 Jan '24 19
December '23 Dec '23 20
November '23 Nov '23 23
October '23 Oct '23 38
September '23 Sep '23 28
August '23 Aug '23 29
July '23 Jul '23 29
June '23 Jun '23 42
May '23 May '23 26
April '23 Apr '23 37
March '23 Mar '23 32

Number of Purchase Loans i

23

(Feb 2024)

+53.3%

year-over-year

y-o-y

February '24 Feb '24 23
January '24 Jan '24 14
December '23 Dec '23 19
November '23 Nov '23 16
October '23 Oct '23 19
September '23 Sep '23 15
August '23 Aug '23 14
July '23 Jul '23 14
June '23 Jun '23 30
May '23 May '23 15
April '23 Apr '23 21
March '23 Mar '23 22

Number of REFI Loans i

11

(Feb 2024)

year-over-year

y-o-y

February '24 Feb '24 11
January '24 Jan '24 8
December '23 Dec '23 10
November '23 Nov '23 10
October '23 Oct '23 5
September '23 Sep '23 11
August '23 Aug '23 7
July '23 Jul '23 14
June '23 Jun '23 8
May '23 May '23 13
April '23 Apr '23 8
March '23 Mar '23 14

Number of HELOC Loans i

7

(Feb 2024)

+250%

year-over-year

y-o-y

February '24 Feb '24 7
January '24 Jan '24 1
December '23 Dec '23 4
November '23 Nov '23 3
October '23 Oct '23 4
September '23 Sep '23 5
August '23 Aug '23 6
July '23 Jul '23 1
June '23 Jun '23 10
May '23 May '23 6
April '23 Apr '23 5
March '23 Mar '23 4

Santa Fe, NM 87508 Real Estate Market Overview

Last 30 days

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Santa Fe, NM 87508 Foreclosure Activity

There were a total of 3 Santa Fe, NM 87508 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

3

(Feb 2024)

+200%

year-over-year

y-o-y

February '24 Feb '24 3
January '24 Jan '24 N/A
December '23 Dec '23 2
November '23 Nov '23 1
October '23 Oct '23 N/A
September '23 Sep '23 1
August '23 Aug '23 N/A
July '23 Jul '23 N/A
June '23 Jun '23 N/A
May '23 May '23 1
April '23 Apr '23 3
March '23 Mar '23 N/A

Foreclosure Starts i

2

(Feb 2024)

+100%

year-over-year

y-o-y

February '24 Feb '24 2
January '24 Jan '24 N/A
December '23 Dec '23 2
November '23 Nov '23 1
October '23 Oct '23 N/A
September '23 Sep '23 N/A
August '23 Aug '23 N/A
July '23 Jul '23 N/A
June '23 Jun '23 N/A
May '23 May '23 1
April '23 Apr '23 3
March '23 Mar '23 N/A

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 1
November '23 Nov '23 N/A
October '23 Oct '23 N/A
September '23 Sep '23 N/A
August '23 Aug '23 1
July '23 Jul '23 N/A
June '23 Jun '23 N/A
May '23 May '23 N/A
April '23 Apr '23 N/A
March '23 Mar '23 N/A

Nearby Zip Codes

1. 87501
2. 87505
3. 87506
4. 87507

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