Welcome to our 87507 real estate data hub, tailored for investors in Santa Fe, NM. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 87507 in Santa Fe, NM. Discover Section 8 housing opportunities and challenges to maximize your investment potential in SANTA FE COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Santa Fe, NM real estate investing. Uncover the wealth of information available, and position yourself for success in the Santa Fe property market.
-
Location Overview
- Zip Code: 87507
- City: Santa Fe
- State: NM
- Metro Area: Santa Fe, NM
- County Name: SANTA FE COUNTY
-
Real Estate Market Snapshot
- Average Home Price (All Types): $407,932
- Average Home Price (Single Family Homes): $416,538
- Average Monthly Rental Price (All Types): $1,821
- Price-to-Rent Ratio: 19
- Zillow Projected % appreciation from 4/2023-4/2024: 2.3%
-
Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,210
- Average 3 Bedroom Section 8 Rental Rates: $1,550
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 28.09
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 21.93
- Number of Units Offered in Section 8 in the County: 987
- Number of Occupied Units in Section 8 in the County: 891
- Percentage of Section 8 Units Occupied in the County: 90.30000305%
-
Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 281.91
- Total % Appreciation since 2000 (Government Data): 143.74
- YTD Appreciation (Backwards from 4/2023, Realtor Data): -0.31%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 2.99%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 32.3%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 58.25%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 113.98%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 62.05%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 137.69%
-
Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 2.57%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 7.79%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 33.19%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 62.07%