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: a $490K median sale price, straight 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 with each client. Lead a listing appointment with the $490K median price and the 67-day pace, show the year-over-year direction, and frame 87507 as an active market. A buyer or seller client trusts an agent who knows their exact ZIP, not just the metro average.
How we track the 87507 market
We built LOKAL to pull 87507's numbers straight from the Redfin Data Center, so an agent and a client read from the same source. For May 2026 we recorded a $490K median sale price, -0.2% year over year, a 98.1% sale-to-list ratio and a -1.0% month-over-month move across 149 recorded sales. That compares with roughly $491K a year earlier, in 2025. We refresh every ZIP monthly and only publish once a ZIP clears at least 20 recorded sales for the period, so the median stays reliable instead of noisy. Redfin has published ZIP-level market data monthly since 2020, which is what lets us show month-over-month and year-over-year change here in 2026. LOKAL is independent and not affiliated with Redfin; always verify against your MLS before you publish.
ZIP-code areas follow U.S. Postal Service boundaries; for complementary demographics on 87507 — population, median household income, owner-occupancy — see the U.S. Census Bureau profile for this ZIP Code Tabulation Area. LOKAL covers price and pace; the Census covers who lives there.
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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.