Santa Fe, TX


Highest Appreciating Santa Fe Neighborhoods Since 2000

Santa Fe, TX Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Santa Fe Housing Market Information

With 13,037 people, 4,717 houses or apartments, and a median cost of homes of $176,141, Santa Fe real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Santa Fe, accounting for 82.46% of the city's housing units. Other types of housing that are prevalent in Santa Fe include mobile homes or trailers ( 7.40%), duplexes, homes converted to apartments or other small apartment buildings ( 4.29%), and a few large apartment complexes or high rise apartments ( 4.11%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Santa Fe. Owner-occupied housing accounts for 78.80% of Santa Fe's homes, and 72.08% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Santa Fe built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Santa Fe built between 2000 and later ( 23.19%). A lesser amount of the housing stock also hails from between 1940-1969 ( 16.27%). There's also some housing in Santa Fe built before 1939 ( 2.34%).

Santa Fe Home Appreciation Rates

In the last 10 years, Santa Fe has experienced some of the highest home appreciation rates of any community in the nation. Santa Fe real estate appreciated 26.60% over the last ten years, which is an average annual home appreciation rate of 2.39%, putting Santa Fe in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Santa Fe definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Appreciation rates are so strong in Santa Fe that despite a nationwide downturn in the housing market, Santa Fe real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Santa Fe appreciation rates continue to be some of the highest in America, at 5.81%, which is higher than appreciation rates in 72.43% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Santa Fe. Santa Fe appreciation rates in the latest quarter were at -0.09%, which equates to an annual appreciation rate of -0.38%.

Relative to Texas, our data show that Santa Fe's latest annual appreciation rate is higher than 50% of the other cities and towns in Texas.

Average Home Values


Median Home Value:


Value Range
> $1,199,000 0.2
$899,001 - $1,199,000 0.0
$599,001 - $899,000 1.1
$480,001 - $599,000 1.4
$360,001 - $480,000 4.6
$240,001 - $360,000 17.8
$120,001 - $240,000 47.7
$60,001 - $120,000 21.0
$0 - $60,000 6.2

High for TX
High for Nation

Value Relative to Nation Value Relative to State
39.5581858666354 23.2490272373541

Number Of Homes And Apartments:

Santa Fe Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
68.72% 3.08% 5 8
* 10 is highest

Rent & Ownership


Average Market Rent:
$1,249 / per month

Homeownership Rate

Owners 78.80
Renters 21.20
Vacant 8.09

Housing Market Details


Age of Homes

2000 or Newer 23.2
1970 - 1999 58.2
1940 - 1969 16.3
1939 or Older 2.3

Types of Homes

Single-Family 82.5
Townhomes 1.3
Small Apt. Buildings 4.3
Apt. Complexes 4.1
Mobile Homes 7.4
Other 0.4

Home Size

No Bedroom 0.58
1 Bedroom 4.33
2 Bedrooms 22.23
3 Bedrooms 60.83
4 Bedrooms 11.24
5 or more bedrooms 0.78