Market Overview
Home Prices in Santa Fe, TX
The median home value in Santa Fe, TX is $337,125 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.4% compared to a year ago and up 0.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Santa Fe are priced18% below average. Santa Fe is part of the Houston-The Woodlands-Sugar Land, TX metro area.
Over the past five years, Santa Fe home values have risen by approximately17.9%, reflecting steady appreciation in this market.
Price History
Santa Fe Home Price Trend
City Comparison
Santa Fe vs. National Median
At $337,125, homes in Santa Fe cost 18% below the national median of $410,000. This makes Santa Fe a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Santa Fe?
20% Down Payment
$67,425
on $337,125
Monthly P&I
$1,758/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,233/mo
incl. taxes & insurance
Income Needed
$89,320
gross annual (30% rule)
10% Down Option
$33,713
+ PMI applies
Loan Amount (20% dn)
$269,700
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Santa Fe, TX?
The median home value in Santa Fe is $337,125 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.4% year-over-year.
How much have home prices changed in Santa Fe?
Over the past year, home values in Santa Fe have increased by 0.4%. Over five years, prices have risen approximately 17.9%.
How much do I need to earn to buy a home in Santa Fe?
To comfortably afford the median home price of $337,125 with a 20% down payment ($67,425) at today's rates (6.8%), you'd need a gross annual income of approximately $89,320. This assumes keeping total housing costs at or below 30% of gross income.
How does Santa Fe compare to the national average home price?
The national median home value is approximately $410,000. At $337,125, homes in Santa Fe are 18% below the national average.
What metro area is Santa Fe part of?
Santa Fe is part of the Houston-The Woodlands-Sugar Land, TX metropolitan area. Home prices and market conditions can vary across the broader metro region.