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TypicalCost

Typical Cost of a House in Santa Fe County, New Mexico

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The median home value in Santa Fe County is $446,300, measured over 2020–2024. That is 79.9% above the New Mexico median of $248,100. Half of owner-occupied homes are valued above that figure and half below.

Median home value

$446,300

2020–2024, give or take $9,319

Against New Mexico

+79.9%

AboveNew Mexico $248,100

Against the U.S.

+34.1%

AboveU.S. $332,700

Monthly housing costs in Santa Fe County

What households actually pay each month, for those who own with a mortgage and those who rent, compared with New Mexico as a whole.

Owning with a mortgage

$1,911a month

+22.2%New Mexico $1,564

Median of mortgage payments, property taxes, insurance, utilities and fees together.

Renting

$1,389a month

+30.2%New Mexico $1,067

Median gross rent: the rent itself plus utilities the renter pays.

Where Santa Fe County sits among New Mexico's counties

Each tick is one county's median home value. The highlighted band holds the middle half of them, and the dark line is the median. Santa Fe County is the 2nd highest of 33.

Across 33 counties in New Mexico the median home value ranged from $70,000 to $495,800. The typical band runs from $128,000 to $220,800, with a median of $167,200. Santa Fe County is at $446,300.

What this figure is

It is not a sale price. The Census Bureau asks homeowners what they think their home would sell for, and this is the middle answer for owner-occupied homes in Santa Fe County. It covers every kind of home people own and live in, so the price of a particular house on the market can be far from it.

The figure describes the whole of 2020–2024, not a single year, and it is not adjusted for price changes since then. The smaller a county, the fewer households the survey reaches and the less exact its estimate: here the true value is very likely within $9,319 of the one shown.

Common questions

How much does a house cost in Santa Fe County, New Mexico?

The median home value in Santa Fe County, New Mexico is $446,300, from Census Bureau survey data for 2020–2024. Half of owner-occupied homes are valued above that and half below.

What is the average home price in Santa Fe County, New Mexico?

The Census Bureau publishes a median rather than an average: $446,300 for 2020–2024. It is what owners estimate their homes would sell for, not a record of recent sale prices.

How much is a monthly mortgage payment in Santa Fe County, New Mexico?

Homeowners with a mortgage in Santa Fe County, New Mexico pay a median of $1,911 a month. That covers the mortgage payment together with property taxes, insurance and utilities.

What is the average rent in Santa Fe County, New Mexico?

Median gross rent in Santa Fe County, New Mexico is $1,389 a month for 2020–2024. Gross rent is the rent itself plus the utilities the renter pays.

Are homes in Santa Fe County, New Mexico expensive compared with other places?

Santa Fe County has the 2nd highest median home value of the 33 counties in New Mexico with a published figure, 79.9% above the New Mexico median of $248,100.

Source

U.S. Census Bureau

American Community Survey 5-Year Estimates, 2020–2024, tables B25077, B25064 and B25088. Retrieved on October 6, 2026.

About the American Community Survey

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2020–2024.

Other counties in New Mexico

The percentage compares each county with the New Mexico median.