51 homes sold in Tano Road in the last year, at a typical $1.7M
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Tano Road homes are listed.
Every place Tano Road homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Tano Road.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 92% of Tano Road’s sales, at a typical $1.7M
51 homes sold in the year to May 2026.
typical sale · 47 sold in 12 months
- Per square foot
- $476NM $212
- Days to sell
- 111
- Sold over asking
- 15%
- Listings with a price cut
- 21%
Condos: 4 sold, typical $1.5M
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at 1.9 times the 2016 price
51 sales in the last year, against 68 in 2021 and a low of 34 in 2023. The typical sale went from $897K in 2016 to $1.7M.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $1.7M buys in Tano Road
Check a listing against what Tano Road homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Tano Road are more common than before the pandemic, with about as many homes for sale
We read every month of Tano Road’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 51 sales.
If you’re buying in Tano Road
- Shop in May. It brings about 8 new listings a month, close to the busiest month, with fewer bidding wars (16% over asking).
- You can negotiate. 20% of listings have cut their price, against 16% before the pandemic.
- Offer under asking. Buyers paid 97.3% of the list price on average; 16% paid over.
- You’ll usually have time. Only 34% of homes go under contract within two weeks; the typical one takes 110 days.
Spring brings the homes; summer brings the bidding wars
May has the most new listings (about 8 a month), but June is the most competitive: 23% of June sales close over asking. January has the least competition (8%) but only about 4 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and hotter than New Mexico
| Tano Road now | 2017–19 | 2021 peak | NM now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 16% | 9% | 40% | 3% |
| Gone within two weeksShare of homes under contract within 14 days | 34% | 20% | 52% | 26% |
| Listings with a price cutShare of homes for sale that cut their price | 20% | 16% | 14% | 21% |
| Price paid vs. askingAverage sale price ÷ list price | 97.3% | 97% | 99.4% | 96.5% |
| Days to sellMedian days from listing to contract | 110 | 141 | 70 | 64 |
28 homes for sale on a typical day
That’s 2.5 times the 2022 low (11) and 11% fewer than in 2017–19.
1 in 5 listings has cut its price
20% in the last year, against 16% in 2017–19 and 21% across New Mexico.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Tano Road home costs about $9,463 a month
Price: Tano Road’s typical sale, last 12 months. Property tax at Tano Road’s 0.5% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Tano Road is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in May
The month with the most choice. December has the fewest, about 3.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $1.7M home, about $8,380 a year.
Taxes vs. neighborsSchools
The schools grade for Tano Road, from test results, graduation and how much students grow.
Schools in Tano RoadTypical commute
The average one-way trip to work for people who live in Tano Road.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Tres Arroyos, Santa Fe, Santa Fe Foothills, White Rock and Eldorado at Santa Fe sell for less a square foot
The busier markets within 25 miles of Tano Road, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Santa Fe | 1,263 | $550K | $350 | 8% | 72 |
| Eldorado at Santa Fe | 141 | $745K | $356 | 15% | 61 |
| White Rock | 99 | $570K | $297 | 29% | 33 |
| Las Campanas | 75 | $1.7M | $503 | 3% | 111 |
| Tano Road | 51 | $1.7M | $487 | 16% | 110 |
| Tres Arroyos | 34 | $982K | $418 | 12% | 91 |
| Santa Fe Foothills | 20 | $1.1M | $386 | 25% | 79 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Tano Road, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Tano Road. People who follow the town see it, and so do people comparing Tano Road with their own town. No commission, no listing fee.
Questions about buying a home in Tano Road
What do homes sell for in Tano Road, NM?
51 homes sold in the year to May 2026 at a typical $1.7M, $487 a square foot.
Is Tano Road a buyer’s or seller’s market?
A buyer’s market: 31 homes were for sale in May 2026 and 4 sold, about 7.8 months of supply. Buyers paid 97.3% of asking on average, and 20% of listings cut their price.
When is the best time to buy in Tano Road?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Tano Road?
About 0.5% of a home’s value a year. On a $1.7M home that’s near $8,380.
Where can I see homes for sale in Tano Road?
Zillow, Redfin, Realtor.com and Homes.com all carry Tano Road’s MLS listings; the search links above open each one filtered to Tano Road.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).