Investor-grade market analytics for Santa Fe, New Mexico. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Updated monthly.
$541,186
-0.7% year-over-year
4.3%
gross annual
-6.1%
base case (Zillow ZHVF)
-6.1% year-over-year
Migration: Top 68% nationally
In-migrants avg $91,363 AGI vs out-migrants $70,882
Opportunity Zone Market
2 ZIP codes in Santa Fe are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more →
Santa Fe, NM is experiencing a correction with -0.7% year-over-year decline, signaling a buyer's market with softening demand. Affordability pressure is significant: the price-to-income ratio of 7.25x well exceeds the national average of 4.8x. Climate risk is moderate (50/100) with manageable exposure. Rental yield of 4.35% is moderate, offering acceptable cash flow for leveraged investments.
12-month projection (Zillow ZHVF model)
Santa Fe, NM's primary climate exposure is wildfire (70/100). The composite climate risk score of 50/100 (Moderate) indicates overall risk with manageable exposure that should be factored into investment analysis. Buyers should consider climate-related insurance costs and potential future regulatory changes.
Source: FEMA National Risk Index
Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.