Why Live in Downtown Santa Fe
Downtown Santa Fe is characterized by its tree-shaded streets and historic Santa Fe-style homes dating from the 1870s to the 1930s. These homes, featuring colorful wood molding, flat roofs with exposed beams, and tan stucco or adobe exteriors, are highly sought after and rarely available. The area also includes detached condos known as casitas, located in the gated community of El Corazon. The neighborhood is rich in attractions, with Santa Fe Plaza serving as a central hub for picnickers, dog walkers, and folk musicians. Nearby Cathedral Park offers a serene space with tall pine trees and historical monuments, while De Vargas Park features a skate park and access to the Santa Fe River Trail. Downtown Santa Fe is renowned for its dining scene, with popular spots like Cafe Pasqual, Plaza Cafe, and Tia Sophia’s for breakfast, and The Shed for Southwestern cuisine. The area is also home to numerous boutiques, art galleries, and the Santa Fe Farmers Market. Annual events like the Fiestas de Santa Fe and the Burning of Zozobra draw crowds to the neighborhood. The area is highly walkable, with well-marked crosswalks, bike lanes, and accessible public transportation. Major roads like Paseo de Peralta and Saint Francis Drive provide easy access to the rest of the city. Downtown Santa Fe is served by highly rated schools, including Wood-Gormley Elementary, Carlos Gilbert Elementary, Acequia Madre Elementary, and Santa Fe High. The neighborhood has a low crime risk compared to the national average, making it a desirable place to live.
Frequently Asked Questions
Is Downtown Santa Fe a good place to live?
Downtown Santa Fe is a good place to live. Downtown Santa Fe is considered fairly walkable and bikeable. Downtown Santa Fe has 14 parks for recreational activities. It has a median age of 69. The average household income is $115,443 which is above the national average. College graduates make up 60% of residents. A majority of residents in Downtown Santa Fe are renters, with 71.5% of residents renting and 28.5% of residents owning their home. A
local real estate agent serving Downtown Santa Fe can help you decide if this neighborhood is the right one for you. Learn more on our
Downtown Santa Fe neighborhood guide.
How much do you need to make to afford a house in Downtown Santa Fe?
The median home price in Downtown Santa Fe is $601,250. If you put a 20% down payment of $120,200 and had a 30-year fixed mortgage with an interest rate of 6.26%, your estimated principal and interest payment would be $2,970 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $127K a year to afford the median home price in Downtown Santa Fe. The average household income in Downtown Santa Fe is $115K.
What are the best public schools in Downtown Santa Fe?
The best public schools that serve Downtown Santa Fe are:
What are the best private schools in Downtown Santa Fe?
The best private schools that serve Downtown Santa Fe are:
What are the most popular zip codes in Downtown Santa Fe, Santa Fe, NM?
What are the most popular neighborhoods near Downtown Santa Fe, Santa Fe, NM?
Are home prices dropping in Downtown Santa Fe?
Yes, home prices in Downtown Santa Fe are down 5% in the last 12 months.
Home Trends in Downtown Santa Fe, NM
On average, homes in Downtown Santa Fe, Santa Fe sell after 132 days on the market compared to the national average of 52 days. The median sale price for homes in Downtown Santa Fe, Santa Fe over the last 12 months is $545,210, up 26% from the median home sale price over the previous 12 months.
Median Sale Price
$545,210
Median Single Family Sale Price
$484,585
Median 2 Bedroom Sale Price
$765,000
Average Price Per Sq Ft
$486
Number of Homes for Sale
5
Last 12 months Home Sales
16
Median List Price
$601,250
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
26%
