Home Affordability in 87501
Santa Fe, NM — Santa Fe County
The median home price in ZIP code 87501 (Santa Fe) is $495,000 with a median household income of $55,000. The price-to-income ratio is 9.0x.
Median Home Price
$495,000
Median Income
$55,000
Price-to-Income
9.0x
Est. Affordable Home
$214,000
Property Tax Rate
0.58%
Annual Property Tax
$2,871
Cost of Living
108
Metro Area
Santa Fe MSA
Down Payment Scenarios for ZIP 87501
| Down Payment | Amount | Loan Amount | PMI |
|---|---|---|---|
| 3% | $14,850 | $480,150 | Yes |
| 5% | $24,750 | $470,250 | Yes |
| 10% | $49,500 | $445,500 | Yes |
| 20% | $99,000 | $396,000 | No |
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