Why Live in La Madera
La Madera in Santa Fe features Santa Fe-style homes from the 1920s to 1950s, with earthtone stucco or adobe exteriors, colorful wood molding, and flat roofs with metal overhangs. These homes, often secluded behind coyote fencing and tall adobe walls, range from one to four bedrooms on lots between 5,000 and 10,000 square feet. The neighborhood is undergoing revitalization, with many properties in need of repair. Vacant parcels along the Santa Fe River make La Madera one of the last downtown areas available for development. Alto Saint Park, a 15-acre green space, is popular for yoga sessions, dog walking, and its community garden. The Santa Fe River Trail, nearly 10 miles long, connects La Madera to other neighborhoods and parks. The New Solana Shopping Center, just north across Alameda Street, includes the La Montañita Co-op and Betterday thrift store and coffeehouse. Meow Wolf, an interactive art gallery, is 3 miles west in the Siler District, while the Santa Fe Plaza, a mile east, offers dining and shopping options like The Shed and Collected Works. The Railyard Arts District hosts weekly events, including the Santa Fe Farmers Market and the monthly Art Walk. La Madera is a mile west of Downtown Santa Fe, with bike lanes and sidewalks on Alameda Street leading to the city center. Saint Francis Drive provides access to Interstate 25, 3 miles south. Local students attend Santa Fe High, which has a high rating and a strong athletic program.
Frequently Asked Questions
Is La Madera a good place to live?
La Madera is a good place to live. La Madera is considered fairly walkable and very bikeable. La Madera has 2 parks for recreational activities. It has a median age of 46. The average household income is $52,554 which is below the national average. College graduates make up 49.2% of residents. A majority of residents in La Madera are renters, with 50.9% of residents renting and 49.1% of residents owning their home. A
local real estate agent serving La Madera can help you decide if this neighborhood is the right one for you. Learn more on our
La Madera neighborhood guide.
How much do you need to make to afford a house in La Madera?
The median home price in La Madera is $539,000. If you put a 20% down payment of $107,800 and had a 30-year fixed mortgage with an interest rate of 6.5%, your estimated principal and interest payment would be $2,730 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $117K a year to afford the median home price in La Madera. The average household income in La Madera is $53K.
What are the best public schools in La Madera?
The best public schools that serve La Madera are:
What are the best private schools in La Madera?
The best private schools that serve La Madera are:
- Fayette Street Academy has an A Niche grade, a student teacher ratio of 7:1 and an average review score of 3.1.
What are the most popular zip codes in La Madera, Santa Fe, NM?
What are the most popular neighborhoods near La Madera, Santa Fe, NM?
Home Trends in La Madera, NM
On average, homes in La Madera, Santa Fe sell after 96 days on the market compared to the national average of 52 days. The median sale price for homes in La Madera, Santa Fe over the last 12 months is $545,775, down 9% from the median home sale price over the previous 12 months.
Median Sale Price
$545,775
Median Single Family Sale Price
$690,000
Median 2 Bedroom Sale Price
$762,500
Median 1 Bedroom Sale Price
$425,000
Average Price Per Sq Ft
$445
Number of Homes for Sale
1
Last 12 months Home Sales
12
Median List Price
$539,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-9%
