Lamy, NM—87540
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lamy, NM
As of Nov '25, the median home price in Lamy, NM is $830,000, with a year-over-year change of -1.1%. This indicates that home prices in Lamy, NM are decreasing. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $830,000 | -1.1% |
| Single Family | $832,000 | -1.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $629,000 | -3.1% |
3 Bed | $861,000 | -1.4% |
4 Bed | $998,000 | -1.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Lamy, NM
As of July '25, Rentcast reports the average rent in Lamy, NM is $5,000, with a year-over-year rent change of 16.3%. Per bedroom, the median rent as of July '25 in Lamy, NM is 3-bedrooms: $5,000. The most common rental property sizes in Lamy, NM are 3-bedroom and 1-bedroom, accounting for 71.3% and 24.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $5,000 | $5,000 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $5,000 | $5,000 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Lamy, NM
As of Nov '25, Realtor.com reports that the median days on market for a home in Lamy, NM is 56. This is a decrease of -28.0% 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 27.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,010,000 | -23.0% |
Listing Count | 15 | -11.0% |
| Listings as % of Homes | 2.7% | -11.0% |
Days on Market | 56 | -28.0% |
Demographics — Lamy, NM
As of the latest ACS Survey released in 2023, Lamy, NM has a population of 876, which has decreased by -9.0% over the past 5 years. Lamy, NM is a less popular place for families, as children make up 0.3% of the population. The area has a highly educated workforce, with 56.6% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 29.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 876 | -9.0% |
% Under 18 | 0.3% | -98.1% |
% Seniors | 40.1% | 59.1% |
% WFH | 29.4% | -16.0% |
% w/ College Degree | 56.6% | -7.8% |
As of the latest ACS Survey released in 2023, Lamy, NM is a predominantly white area, with 80.3% of the population identifying as white. The white population has grown by 4.7% in the last 5 years. The second most common race or ethnicity in Lamy, NM is hispanic, making up 12.3% of the population. Foreign-born residents account for 5.3% of the population in Lamy, NM, and this percentage has decreased by 19.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 80.3% | 4.7% |
% Black | 0.1% | ∞% |
% Hispanic | 12.3% | -36.6% |
% Asian | 2.6% | ∞% |
% Foreign Born | 5.3% | -19.7% |
Mortgage and Risk — Lamy, NM
Lamy, NM lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Rentals and Section 8 — Lamy, NM
Lamy, NM lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 0.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,590 |
| 2 Bedroom | N/A | N/A | $1,890 |
| 3 Bedroom | -$2,620 | $5,000 | $2,380 |
| 4 Bedroom | N/A | N/A | $2,500 |
Affordability — Lamy, NM
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 15.1 |
| Median Home Price | $830,000 |
| Median Household Income | $52,800 |