87508
Santa Fe, New Mexico.
Santa Fe, Santa Fe County, NM · Santa Fe, NM metro · population 18,518
to buy the typical home at today's mortgage rate — +$1,774 (+111%) since Jan 2020.
- 1 year
- Up $6,088 +1%
- $637,313$643,401 since Sep 2025
- 5 years
- Up $90,485 +16%
- $552,915$643,401 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 87508$3,377
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 23 years.
Typical home values in zip 87508 rose 1.0% over the past year — slower than the nation's +1.2%.
Zillow also publishes an index for the city itself: Santa Fe, NM — measured over the city limits, which is a different area from this zip.
Asking rent — 87508
Against the Santa Fe, NM metro and the national benchmark.
- 87508$2,975
- Santa Fe$1,953
- United States$1,932
Typical home value — 87508
Mid-tier homes, smoothed and seasonally adjusted.
- 87508$643,401
- Santa Fe$548,757
- United States$366,157
Within 20 miles
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 8.3 | 87505 | Santa Fe | 32,092 | $1,877 | $562,269 |
| 9.2 | 87540 | Lamy | 1,117 | — | $836,320 |
| 11.6 | 87507 | Santa Fe | 51,386 | $1,877 | $454,005 |
| 11.6 | 87535 | Glorieta | 1,467 | — | $415,742 |
| 13.3 | 87010 | Cerrillos | 1,135 | — | $383,661 |
| 14.0 | 87501 | Santa Fe | 16,007 | $2,454 | $732,038 |
| 18.2 | 87562 | Rowe | 569 | — | $370,277 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.