ZIP Code Report · 2026-10-22
ZIP 87508 Foreclosure & Distressed-Property Data
Property-related court filings in ZIP 87508, New Mexico, in Santa Fe County. Foreclosure, probate, divorce, and partition cases. These are the early-stage filings that precede MLS listings by months or years.
Based on public court filings, analyzed by Keystone. As of October 2026.
- 92.5% Foreclosure, the dominant filing category in ZIP 87508.
Filing type breakdown
| Lead type | Share |
|---|---|
| Foreclosure | 92.5% |
| Probate / Estate | 7.5% |
Related areas
ZIP 87508 falls within Santa Fe County, New Mexico. Full county-level analysis: Santa Fe County subscription page.
Nearby ZIPs in New Mexico: 87507 · 87505 · 87501 · 87532 · 87571.
The foreclosure process
Before a lender can begin a foreclosure on a primary residence, federal servicing rules generally require the borrower to be more than 120 days delinquent (12 CFR 1024.41(f)). States then follow either a judicial process, where the lender sues in court, or a non-judicial (power of sale) process run by a trustee under the deed of trust. Judicial vs non-judicial foreclosure explains the difference.
Compare states: foreclosure timeline by state.
Santa Fe County at a glance (public statistics)
County seat: Santa Fe.
| Measure | Value | Source |
|---|---|---|
| Population | 155,175 | Census |
| Housing units | 77,686 | Census |
| Homes that are owner-occupied | 71% | Census |
| Median home value | $417K | Census |
| Housing units that are vacant (U.S.: 10%) | 11% | Census |
| Homes that are single-family detached (U.S.: 61%) | 63% | Census |
| Homes built before 1940 (U.S.: 12%) | 6% | Census |
| Residents aged 65 or older (U.S.: 17%) | 27% | Census |
| Owner-occupied homes with no mortgage (owned free and clear) (U.S.: 39%) | 46% | Census |
| Median age of residents (U.S.: 38.9) | 48.5 | Census |
| HUD Fair Market Rent, 2-bedroom, monthly (Santa Fe, NM) | $1,735 | HUD |
| HUD Fair Market Rent, 3-bedroom, monthly (Santa Fe, NM) | $2,134 | HUD |
| New housing units permitted in 2025 | 495 | Census |
| Change in units permitted, 2024 to 2025 | +103% | Census |
Sources: U.S. Census Bureau American Community Survey and Building Permits Survey; HUD Fair Market Rents.
Related guides
Frequently asked questions
What court filings does Keystone Court Data cover in ZIP code 87508?+
Keystone Court Data covers property-related court filings in ZIP code 87508, New Mexico (Santa Fe County), including: Foreclosure, Probate / Estate. New filings are added as they are recorded.
What types of court cases are most common in ZIP 87508?+
In ZIP 87508, the filing breakdown is: Foreclosure (92.5%); Probate / Estate (7.5%).
New court records for ZIP 87508
Subscribe to Santa Fe County on Keystone Court Data to receive new property-related New Mexico court filings, including filings in ZIP 87508. Delivered from the day of filing. 7-day free trial.
View Santa Fe County availabilityCite: Keystone Court Data, "ZIP 87508 Foreclosure & Distressed-Property Data," 2026-10-22, https://keystonecourtdata.com/reports/87508-foreclosure-data