Is Santa Cruz, NM 87567 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Santa Cruz is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list0%Share of sales, last 3 months

Median sale-to-list98.9%Sold price ÷ list price

Median days on market26Listing to accepted offer

Median price per sq ft$263

The Santa Cruz housing market right now

In the three months ending August 31, 2026, 0% of homes in Santa Cruz, NM 87567 sold above their list price and the typical home went under contract in 26 days. With only 1 sale, these figures can swing a lot from month to month.

Within Santa Fe County, homes here sell faster, and less often over asking, than in any other ZIP code in the county.

Nearby, Edgewood 87015 (14% sold over asking) and Lamy 87540 (10% sold over asking) are even more competitive.

About the area

Santa Fe County, NM

Population	2,003
Average income	$78,871
Median home value	$236,600
Median rent	$1,138/month
Owner-occupied	83% of homes
Median year built	1984

Natural hazard riskWildfire (relatively high), winter storms (relatively high)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 87567; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 87567

Prefilled for 87567Can I win this house?Multiple-offer likelihood for a listing Prefilled for 87567Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Cerrillos 87010Buyer’s market $208 /sq ft Chimayo 87522Seller’s market $95 /sq ft Edgewood 87015Seller’s market $251 /sq ft Glorieta 87535Buyer’s market $303 /sq ft Browse all markets →

Where Santa Cruz is

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Questions about Santa Cruz real estate

How fast do homes sell in Santa Cruz?

The typical home went under contract in 26 days in the latest three months.

Do homes in Santa Cruz sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 98.9% of the list price.

What are property taxes in Santa Cruz?

About 0.48% of a home’s value a year in Santa Fe County, or roughly $1,920 on a $400,000 home.

What is the median home price in Santa Cruz?

The median sale price was $374,838 in the three months ending August 31, 2026, about $263 per square foot.

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More tools for 87567

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology