Zip lookup · NM

87540
Lamy, New Mexico.

Lamy, Santa Fe County, NM · Santa Fe, NM metro · population 1,117

What it costs per month · 87540 $4,390/mo

to buy the typical home at today's mortgage rate — +$2,371 (+117%) since Jan 2020.

What the home itself did
1 year
Up $16,279 +2%
$820,040$836,320 since Sep 2025
5 years
Up $122,533 +17%
$713,787$836,320 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$1,000 $2,000 $3,000 $4,000 2002 2006 2010 2014 2018 2022 2026 87540 $4,390 United States $1,922
$1,000 $2,000 $3,000 $4,000 2002 2010 2018 2026
  • 87540$4,390
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 22 years.

Typical home values in zip 87540 rose 2.0% over the past year — faster than the nation's +1.2%.

Zillow also publishes an index for the city itself: Lamy, NM — measured over the city limits, which is a different area from this zip.

Typical home value $836,320 as of Sep 2026
+2.0%year on year

Typical home value — 87540

Mid-tier homes, smoothed and seasonally adjusted.

$200,000 $400,000 $600,000 $800,000 2018 2020 2022 2024 2026 87540 $836,320 Santa Fe $548,757 United States $366,157
$200,000 $400,000 $600,000 $800,000 2018 2022 2026
  • 87540$836,320
  • Santa Fe$548,757
  • United States$366,157

Within 20 miles

Miles sorted ascending, activate to sort descending Zip activate to sort by Zip City activate to sort by City Population activate to sort by Population Rent activate to sort by Rent Home value activate to sort by Home value
9.2 87508 Santa Fe 18,518 $2,975 $643,401
12.4 87562 Rowe 569 — $370,277
13.6 87535 Glorieta 1,467 — $415,742
14.6 87010 Cerrillos 1,135 — $383,661
15.4 87505 Santa Fe 32,092 $1,877 $562,269
16.5 87056 Stanley 1,084 — $408,400

Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.