Lamy, New Mexico.
Typical home $828,664 (+2.3% in a year). Santa Fe, NM metro.
to buy the typical home at today's mortgage rate — +$2,370 (+120%) since Jan 2020.
- 1 year
- Up $18,476 +2%
- $810,188$828,664 since Sep 2025
- 5 years
- Up $123,630 +18%
- $705,034$828,664 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.
- Lamy$4,349
- New Mexico$1,658
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 21 years.
Typical home values in Lamy, NM rose 2.3% over the past year — faster than the nation's +1.2%.
Living in Lamy, Santa Fe County, New Mexico
Lamy, in Santa Fe County, had 210 people in the 2020 census. Unemployment in Santa Fe County was 4.2% in August 2026, and the county had 0.1% more jobs in 2025 than the year before. The most people in Santa Fe County work in schools and health care, then professional services.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Lamy is a very small community southeast of Santa Fe, with far fewer people than the city it sits near. Homes here are valued well above what is typical for the country, and household incomes across Santa Fe County are somewhat above the national middle. Winters are cold, with December the coldest month and frost most nights, and snow falls through the season. Summers are warm without being extreme, and the year is fairly dry overall.
Work. People who live here work mostly in schools, hospitals and social care, with others in professional and business services, restaurants and hotels, and shops. Across Santa Fe County, the largest workplaces include St. Vincent Hospital, Santa Fe Schools and the City of Santa Fe. Unemployment across the county is a little higher than it was a year ago, and the number of jobs has barely changed.
Things to do. Santa Fe on the Camino Real is a short drive away, and the Glorieta Pass Battlefield, an archaeological site, is also close. A longer drive brings you to Pecos National Historical Park, a protected area, or to the Georgia O'Keeffe Museum in Santa Fe. Winter visitors can head to Ski Santa Fe, also a longer drive.
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What people in Santa Fe County work in
Employed residents by industry, from the Census survey. Santa Fe County had 61,880 jobs in 2025, 0.1% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in December, with highs near 42° and lows near 21°; warmest in July, with highs near 86° and lows near 57°. About 28 inches of snow and 15 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Santa Fe Seton weather station, 8 miles away (NOAA).
Largest workplaces in Santa Fe County
- St. Vincent HospitalGeneral hospital2,002FTE
- Santa FE SchoolsSchool district1,181FTE
- City of Santa FePublic property management services, government1,146
- Santa Fe Community CollegeTwo-year college661
- Santa FE Medical CenterGeneral hospital387FTE
- Meow WolfAmusement parks366
- WalmartWarehouse clubs and supercenters299
- WalmartWarehouse clubs and supercenters284
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 71 workplaces with 20 or more staff, 6,931 people in all across the county; Lamy has none of its own. Hospitals come from their Medicare cost reports (CMS, 2023), school districts from the Common Core of Data (NCES, 2023–24) and colleges from IPEDS (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- WildfireRelatively high
- Winter weatherRelatively high
- LightningRelatively high
- Inland floodingRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Lamy’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Santa Fe County and the Santa Fe, NM metro.
Lamy home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Lamy$828,664
- New Mexico$315,812
- United States$366,157
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Lamy14
Zip codes with a Lamy address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Lamy — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.