The median home value in Lake Valley, NM is $130,700. This is lower than the county median home value of $163,600. The national median home value is $219,700. The average price of homes sold in Lake Valley, NM is $130,700. Approximately 22.92% of Lake Valley homes are owned, compared to 58.33% rented, while 18.75% 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 116. 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 29.28%.
The median household income in Lake Valley, New Mexico is $38,705. The median household income for the surrounding county is $49,686 compared to the national median of $57,652. The median age of people living in Lake Valley is 37.6 years.
The average high temperature in July is 91.5 degrees, with an average low temperature in January of 18.7 degrees. The average rainfall is approximately 12.2 inches per year, with 10.3 inches of snow per year.