Santa Fe, TX—77510
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Santa Fe, TX
As of Oct '25, the median home price in Santa Fe, TX is $320,000, with a year-over-year change of -0.0%. This indicates that home prices in Santa Fe, TX are flat. According to Zillow, the 1-year price projection is -0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $320,000 | -0.0% |
| Single Family | $320,000 | -0.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $224,000 | -1.3% |
3 Bed | $309,000 | -0.6% |
4 Bed | $375,000 | -1.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Santa Fe, TX
As of July '25, Rentcast reports the average rent in Santa Fe, TX is $2,450, with a year-over-year rent change of 53.1%. Per bedroom, the median rent as of July '25 in Santa Fe, TX is 1-bedrooms: $700, 2-bedrooms: $1,420, 3-bedrooms: $2,290, 4-bedrooms: $3,000. The most common rental property sizes in Santa Fe, TX are 2-bedroom and 3-bedroom, accounting for 35.5% and 32.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,660 | $2,450 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $700 | $700 |
| 2 Bed Rent | $1,350 | $1,420 |
| 3 Bed Rent | $2,200 | $2,290 |
| 4 Bed Rent | $3,000 | $3,000 |
% of Rental Stock
Property Listings — Santa Fe, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Santa Fe, TX is 31. This is a decrease of -17.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $358,000 | -1.0% |
Listing Count | 115 | -6.0% |
| Listings as % of Homes | 0.9% | -6.0% |
Days on Market | 31 | -17.0% |
Demographics — Santa Fe, TX
As of the latest ACS Survey released in 2023, Santa Fe, TX has a population of 13,900, which has decreased by -6.0% over the past 5 years. Santa Fe, TX is a moderately popular place for families, as children make up 19.5% of the population. The area has a poorly educated workforce, with 19.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 13,900 | -6.0% |
% Under 18 | 19.5% | -14.8% |
% Seniors | 19.2% | 15.0% |
% WFH | 6.3% | 16.7% |
% w/ College Degree | 19.9% | 77.7% |
As of the latest ACS Survey released in 2023, Santa Fe, TX is a predominantly white area, with 72.1% of the population identifying as white. The white population has shrunk by 11.9% in the last 5 years. The second most common race or ethnicity in Santa Fe, TX is hispanic, making up 20.9% of the population. Foreign-born residents account for 5.2% of the population in Santa Fe, TX, and this percentage has increased by 160.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 72.1% | -11.9% |
% Black | 0.5% | -28.6% |
% Hispanic | 20.9% | 34.0% |
% Asian | 1.7% | 750.0% |
% Foreign Born | 5.2% | 160.0% |
Mortgage and Risk — Santa Fe, TX
According to HUD data as of 2023, there were 589 mortgage originations in Santa Fe, TX, of which 54.0% of loans were conventional mortgages. The average loan-to-value was 83.0%, with 59.0% above 90% LTV (very high). This implies large mortgage risk in Santa Fe, TX. Investor activity is low, as 1.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 589 |
% Conventional Loans | 54.0% |
% Government Loans | 46.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Santa Fe, TX
As of 2024, the percent of homes in Santa Fe, TX under the Section 8 program is 0.6%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Santa Fe, TX, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 5 |
Total Units Section 8 | 5 |
% Rentals under Section 8 | 0.6% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $290 | $700 | $990 |
| 2 Bedroom | -$170 | $1,350 | $1,180 |
| 3 Bedroom | -$630 | $2,200 | $1,570 |
| 4 Bedroom | -$1,020 | $3,000 | $1,980 |
Affordability — Santa Fe, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $320,000 |
| Median Household Income | $96,300 |