Updated May 2026 · Redfin · 3-month window
87507 Real Estate Market Update: Santa Fe, NM, May 2026
The latest housing-market numbers for ZIP code 87507 in Santa Fe, New Mexico, for May 2026, from the Redfin Data Center. ZIP-level figures are a rolling three-month window.
| Metric | Value | MoM | YoY |
|---|---|---|---|
| Median sale price | $490K | ▼ -1.0% | ▼ -0.2% |
| Days on market | 67 | ▼ -18.8% | ▲ +32.7% |
| Homes for sale | 168 | ▼ -8.7% | ▼ -21.9% |
| Sale-to-list | 98.1% | ▲ +0.3% | ▼ -0.2% |
| Homes sold | 149 | ▲ +8.8% | ▲ +18.3% |
Figures from the Redfin Data Center ZIP-code tracker (rolling 3-month window, not seasonally adjusted). Verify against your MLS before posting. Not a valuation for a specific home.
What the 87507 numbers say
The 87507 ZIP in Santa Fe is leveling off. The median sale price is $489,990, roughly flat year over year. The market has loosened: a typical listing now takes around 67 days to go under contract, with sellers getting 98.1% of list price.
Based on 149 recent sales, 87507 is currently an active market.
What this means if you sell in 87507
Use these figures to set expectations early. Lead a listing appointment with the median price and the 67-day pace, show the year-over-year direction, and frame 87507 as an active market. Buyers and sellers trust an agent who knows their exact ZIP, not just the metro average.
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Build the Santa Fe post →Frequently asked: the 87507 housing market
- What is the median home price in ZIP 87507 (Santa Fe, NM)?
- As of May 2026, the median sale price in ZIP 87507 is $489,990 (-0.2% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
- Is ZIP 87507 a buyer's or seller's market right now?
- ZIP 87507 is currently an active market, based on a 98.1% sale-to-list ratio, about 67 days on market for May 2026.
- How long do homes take to sell in ZIP 87507?
- A typical listing in 87507 goes under contract in about 67 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
- Where does this 87507 market data come from?
- All figures come from the Redfin Data Center ZIP-code market tracker, a rolling 3-month window refreshed monthly. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Redfin.
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Data: Redfin · Redfin Data Center (ZIP-code market tracker). Figures are a ZIP-level 3-month snapshot, not a valuation for a specific home.