Santa Fe County, New Mexico Housing Data

Housing Market Overview

Housing market data including home prices, rent costs, affordability metrics, and housing stock characteristics.

$364,712
$1,318

Housing Market Overview

Metric Santa Fe County New Mexico Avg US Average
Median Home Price $364,712 $197,886 $242,182
Price Trend (Annual %) 2.3% 3.1% 8.2%
Median Gross Rent $1,318 $1,020 $1,342
Rent Trend (Annual %) 4.8% 3.7% 5.1%
Household Income Trend (Annual %)

Housing Cost & Rent Trends

Median Home Price Over Time
Santa Fe County
New Mexico
United States
Year Santa Fe County New Mexico United States
Median Rent Over Time
Santa Fe County
New Mexico
United States
Year Santa Fe County New Mexico United States

Affordability

On average, housing unit costs 4.9 yearly household incomes in Santa Fe County.

Metric Santa Fe County New Mexico Avg US Average
Median Home Price $364,712 $197,886 $242,182
Median Household Income $74,735 $62,378 $78,145
Price-to-Income Ratio 4.9 3.2 3.1
Home Prices vs Income Over Time
Home Prices
Household Income
Income Growth vs Housing Cost Growth (Year-over-Year %)

Compare income and housing cost trends.

Household Income Growth %
Housing Cost Growth %
Year Income Growth % Housing Cost Growth % Gap (Cost - Income)

Occupancy & Tenure

Metric Santa Fe County New Mexico Avg US Average
Homeownership Rate 63.0% 60.2% 58.2%
Rental Rate 26.2% 26.6% 31.3%
Vacancy Rate 10.7% 13.1% 10.6%
Median Tenure (years) 15.0 15.0 14.0
Median Year Moved In 2010 2010 2011

Housing Stock

Metric Santa Fe County New Mexico Avg US Average
Average Household Size 2.20 people 2.52 people 2.54 people
Median Structure Built Year 1986 1983 1978
Median Number of Rooms 4.8 4.8 5.0