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Conejo, NM Home Values and Rents
The median home value in Conejo is $1,005,600. Median rent is $2,160 a month.
- Median home value
- $1,005,600
- ACS 2020-2024
- Median rent
- $2,160/mo
- ACS 2020-2024
- Price change, 1 year
- +0.8%
- County index, 2025
- Homeownership
- 76.0%
- NM: 70.0%
Home sale prices in the Santa Fe, NM area
Zillow median sale price, Sep 2026
$683,747-4.6% from a year earlier
Half of homes in the metro area sold for more and half for less. Zillow publishes sale prices for metro areas, not for single counties or cities.
Santa Fe County home price trend
FHFA annual House Price Index for Santa Fe County, 2000 = 100, compared with New Mexico
Show as a table
| Period | Santa Fe County |
|---|---|
| 2025 | 268 |
| 2024 | 266 |
| 2023 | 248 |
| 2022 | 236 |
| 2021 | 203 |
| 2020 | 181 |
| 2019 | 173 |
| 2018 | 160 |
| 2017 | 149 |
| 2016 | 145 |
| 2015 | 138 |
| 2014 | 133 |
| 2013 | 132 |
| 2012 | 131 |
| 2011 | 136 |
Over five years, Santa Fe County prices changed +48.3%, compared with +33.9% for New Mexico.
Source: Federal Housing Finance Agency · Last updated 08/01/2026
Fair Market Rents, FY2027
HUD rent standard for Santa Fe, NM MSA
| Unit size | Monthly rent | vs FY2026 |
|---|---|---|
| Studio | $1,260 | +0.1% |
| 1 bedroom | $1,413 | +1.7% |
| 2 bedrooms | $1,735 | +3.0% |
| 3 bedrooms | $2,134 | +0.6% |
| 4 bedrooms | $2,280 | +2.2% |
Frequently asked questions
- What is the median home value in Conejo, NM?
- The median home value in Conejo is $1,005,600, based on the American Community Survey 2020-2024 5-year estimates. The New Mexico median is $248,100.
- How much is rent in Conejo?
- The median rent in Conejo is $2,160 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,735.
- Are home prices going up in Conejo?
- Home prices in Santa Fe County changed +0.8% over one year and +48.3% over five years, as of 2025.