Is Lamy, NM 87540 a buyer’s or seller’s market?

The Lamy housing market right now

In the three months ending August 31, 2026, 10% of homes in Lamy, NM 87540 sold above their list price, the typical home went under contract in 61 days and there were 4.2 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 10 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold more slowly (41 days then) and the median sale price fell 12% to $809,650. Overall, Lamy is more competitive than a year ago, so tougher for buyers.

Within Santa Fe County, homes here sell faster than in 50% of the county’s ZIP codes, and sell more often over asking than in 90%.

Nearby, buyers who want less competition could look at Santa Cruz 87567 (0% sold over asking) or Glorieta 87535 (0% sold over asking), while Edgewood 87015 (14% sold over asking) is even more competitive.