Santa Fe, NM Metro Area - Investment Guide
Metro Area • 7 Cities • 12 ZIP Codes
Avg Home Value
$563,277
Avg Monthly Rent
$1,840
Avg Cap Rate
2.74%
Avg Investability
2.7 ★
Cities
7
ZIP Codes
12
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Market Trends
Metro Home Value History
Metro Rent History
🏦 30-yr Fixed Rate:
6.76%
as of Sep 10
Source: Freddie Mac PMMS
⚖️
BALANCED MARKET
Santa Fe, NM Metro Area
Even conditions for buyers and sellers
58 days
Average time to sell
Average
8.3%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅
Market conditions data as of August 29, 2026 — updated weekly
Best ZIP codes in Santa Fe, NM
Every ZIP in the metro, ranked four ways. Free.
Cities in Santa Fe, NM
Top ZIP Codes by Investability
| ZIP Code | City | State | Home Value | Rent | Cap Rate | Rating |
|---|---|---|---|---|---|---|
| 87505 | Santa Fe | NM | $564,939 | $1,779 | 2.46% | |
| 87535 | Glorieta | NM | $408,048 | $1,422 | 2.72% | |
| 87540 | Lamy | NM | $836,376 | $1,719 | 1.60% | |
| 87506 | Santa Fe | NM | $1,094,435 | $2,831 | 2.02% | |
| 87507 | Santa Fe | NM | $459,141 | $1,980 | 3.36% | |
| 87567 | Santa Cruz | NM | $316,945 | $1,323 | 3.26% | |
| 87015 | Edgewood | NM | $387,299 | $2,200 | 4.43% | |
| 87508 | Santa Fe | NM | $646,703 | $2,925 | 3.53% | |
| 87501 | Santa Fe | NM | $750,722 | $2,223 | 2.31% | |
| 87532 | Espanola | NM | $344,389 | $1,323 | 3.00% | |
| 87505 | Santa Fe | NM | $575,314 | $1,763 | 2.39% | |
| 87535 | Glorieta | NM | $419,923 | $1,422 | 2.64% | |
| 87540 | Lamy | NM | $836,227 | $1,719 | 1.60% | |
| 87015 | Edgewood | NM | $370,135 | $1,368 | 2.88% | |
| 87507 | Santa Fe | NM | $464,769 | $1,873 | 3.14% | |
| 87567 | Santa Cruz | NM | $336,261 | $1,323 | 3.07% | |
| 87501 | Santa Fe | NM | $711,174 | $2,266 | 2.48% | |
| 87508 | Santa Fe | NM | $658,576 | $2,925 | 3.46% | |
| 87505 | Santa Fe | NM | $553,345 | $1,822 | 2.57% | |
| 87532 | Espanola | NM | $353,622 | $1,323 | 2.92% | |
| 87535 | Glorieta | NM | $428,057 | $1,422 | 2.59% | |
| 87506 | Santa Fe | NM | $1,076,877 | $1,350 | 0.98% | |
| 87507 | Santa Fe | NM | $454,401 | $1,884 | 3.23% | |
| 87015 | Edgewood | NM | $388,506 | $2,200 | 4.42% | |
| 87056 | Stanley | NM | $434,192 | $1,323 | 2.38% | |
| 87508 | Santa Fe | NM | $638,324 | $1,845 | 2.25% | |
| 87567 | Santa Cruz | NM | $350,121 | $1,323 | 2.95% | |
| 87501 | Santa Fe | NM | $742,149 | $2,144 | 2.25% | |
| 87532 | Espanola | NM | $331,239 | $1,323 | 3.12% | |
| 87010 | Cerrillos | NM | $391,007 | $1,494 | 2.98% | |
| 87505 | Santa Fe | NM | $573,161 | $1,777 | 2.42% | |
| 87535 | Glorieta | NM | $406,366 | $1,422 | 2.73% | |
| 87540 | Lamy | NM | $822,170 | $1,719 | 1.63% | |
| 87015 | Edgewood | NM | $369,520 | $1,368 | 2.89% | |
| 87507 | Santa Fe | NM | $464,000 | $1,920 | 3.23% | |
| 87567 | Santa Cruz | NM | $315,086 | $1,323 | 3.28% | |
| 87056 | Stanley | NM | $399,795 | $1,323 | 2.58% | |
| 87501 | Santa Fe | NM | $729,781 | $2,234 | 2.39% | |
| 87508 | Santa Fe | NM | $657,063 | $2,925 | 3.47% | |
| 87505 | Santa Fe | NM | $564,770 | $1,904 | 2.63% | |
| 87532 | Espanola | NM | $353,395 | $1,323 | 2.92% | |
| 87535 | Glorieta | NM | $429,920 | $1,422 | 2.58% | |
| 87506 | Santa Fe | NM | $1,095,740 | $1,350 | 0.96% | |
| 87507 | Santa Fe | NM | $455,853 | $1,878 | 3.21% | |
| 87015 | Edgewood | NM | $386,724 | $1,368 | 2.76% | |
| 87508 | Santa Fe | NM | $643,130 | $1,845 | 2.24% | |
| 87567 | Santa Cruz | NM | $346,553 | $1,323 | 2.98% | |
| 87056 | Stanley | NM | $425,969 | $1,323 | 2.42% | |
| 87501 | Santa Fe | NM | $737,866 | $2,075 | 2.19% | |
| 87532 | Espanola | NM | $329,807 | $1,323 | 3.13% |
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About Santa Fe, NM Real Estate Market
The Santa Fe, NM metropolitan statistical area (MSA) encompasses 7 cities and 12 ZIP codes. The average home value across the metro is $563,277, with an average monthly rent of $1,840. Explore individual cities and ZIP codes to find investment opportunities that match your criteria.