Median home value in zip code 87508 (Santa Fe, NM) is $638,324, down 0.6% year over year. Part of the Santa Fe, NM metropolitan area.

Home Value$638,324

YoY Change

-0.6%

Prices falling — better for buyers.

Affordability

Enter your income for 87508 (Santa Fe).

Income (annual)

Down Payment

$127,665 on $638,324

Example: $75,000 household income. Change it above to see your own.

Out of reach60.6% of income

Need $162,300/yr to afford.

PITI$3,787

P/I60.6%

Afford$295K

Gap-$343K

P&I $3,228Tax $426Ins $133

6.50% 30yr, 20% down, county tax + NM ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

87508 is part of the Santa Fe, NM metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

View Santa Fe, NM analysis

Want deeper metro-level analysis?Stress scores, crash risk, 12-month forecasts, and early warning signals for 195 US metros.

Try Free

Weekly briefing

Every Monday — score changes, top movers, and what shifted. Free.