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LAMY, NM 87540

Real Estate Market Report
Seller's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The LAMY, NM real estate market (87540) currently shows 12 active listings, with 4 pending sales. Homes are averaging 66 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 66 days on market compared to 150 days last year.

The median listing price has fallen 6.3% year-over-year, from $1,300,000 to $1,218,750.

Whether you are buying or selling in LAMY, NM, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 885  ·  Density: 2.1/mi²  ·  Median household income: $63,140

Typical home value: $616,978  ·  Homeownership: 61.0%

Market Overview

Active Listings
12
⇩ 7.7% vs 13 last year
Pending
4
33% pending ratio
Median Price
$1,218,750
⇩ 6.3% vs $1,300,000 last year
Average Price
$1,223,173
⇩ 23.4% vs $1,596,273 last year
Days on Market
66
⇩ 56% vs 150 days last year

Price Per Square Foot

Median $/sqft
$317
⇩ 16.4% vs $379/sqft last year
Median Home Size
4,126 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 12 this year vs 13 last year
  • Days on market: 66 now vs 150 last year

Median & Average Pricing

Year over Year
  • Median: $1,218,750 (-6.3% YoY)
  • Average: $1,223,173 (-23.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 36.5 miles — 372 listings ($239,434,084 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
87540Lamy, NM 875400.0 mi14$16,221,842$992,500$1,158,703
87562Rowe, NM 8756212.4 mi1$629,000$629,000$629,000
87010Cerrillos, NM 8701014.6 mi12$7,081,092$595,000$590,091
87056Stanley, NM 8705616.5 mi7$3,171,917$403,250$453,131
87507Santa Fe, NM 8750720.2 mi193$118,206,324$541,225$612,468
87565San Jose, NM 8756521.7 mi1$549,000$549,000$549,000
87560Ribera, NM 8756024.3 mi3$1,719,000$550,000$573,000
87573Tererro, NM 8757327.4 mi1$5,680,000$5,680,000$5,680,000
87015Edgewood, NM 8701528.7 mi37$19,893,420$520,000$537,660
87035Moriarty, NM 8703531.0 mi7$1,587,831$233,750$226,833
87043Placitas, NM 8704332.9 mi51$41,423,883$746,988$812,233
87008Cedar Crest, NM 8700833.9 mi15$7,181,775$444,100$478,785
87544Los Alamos, NM 8754436.5 mi30$16,089,000$402,000$536,300

Frequently Asked Questions

How many homes are for sale in LAMY, NM 87540?

As of March 2026, there are 12 active listings in LAMY, NM (zip code 87540), compared to 13 the prior year.

What is the median home price in LAMY, NM 87540?

The median listing price in LAMY, NM 87540 is $1,218,750 as of March 2026, a 6.3% decrease from $1,300,000 the prior year.

How long do homes stay on the market in LAMY, NM?

Homes in LAMY, NM 87540 spend an average of 66 days on the market before going under contract, compared to 150 days the prior year.

Is it a seller's or buyer's market in LAMY, NM 87540?

Based on current inventory and days-on-market data as of March 2026, LAMY, NM 87540 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 66 days on market compared to 150 days last year.

How much can I save on real estate commission in LAMY, NM?

With SELL123.com's maximum 3% commission, sellers in LAMY, NM 87540 save an estimated $24,375 compared to a typical 5% commission on the median listing price of $1,218,750. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.