The median home value in Lake Valley, NM is $173,000. This is lower than the county median home value of $202,100. The national median home value is $338,100. The average price of homes sold in Lake Valley, NM is $173,000. Approximately 16.13% of Lake Valley homes are owned, compared to 46.77% rented, while 37.1% are vacant. Lake Valley real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lake Valley real estate agent to arrange a tour today!
Lake Valley, New Mexico has a population of 111. Lake Valley is less family-centric than the surrounding county with 0% of the households containing married families with children. The county average for households married with children is 25.86%.
The median household income in Lake Valley, New Mexico is $43,150. The median household income for the surrounding county is $47,485 compared to the national median of $69,021. The median age of people living in Lake Valley is 42.1 years.
The average high temperature in July is 88.5 degrees, with an average low temperature in January of 19 degrees. The average rainfall is approximately 10.7 inches per year, with 18.7 inches of snow per year.