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Featured local agent — Lake Arthur, NM
Sarah Mitchell
Compass Real Estate · Lake Arthur, NM
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Lake Arthur, NM Housing Market & Real Estate
Housing market overview · Updated monthly ·
$220,000median sale price
How is the Lake Arthur, NM housing market right now?
The median home sale price in Lake Arthur, NM is $220,000. Homes sell in an average of 139 days. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of February 2024 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Lake Arthur a buyer's or seller's market?
Lake Arthur, NM is currently a leaning buyer's and homes selling in about 139 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
139
Average pace
Active listings
—
Sale-to-list
—
Below asking
What does the Lake Arthur housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $220,000 |
| Average days on market | 139 days |
| Median price per sq ft | $84/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Lake Arthur by property type?
How the Lake Arthur, NM market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $220,000 | $84/sq ft | 1 | 139 days |
Source: Redfin · Updated monthly
The Lake Arthur housing market is currently classified as a leaning buyer's with a median sale price of $220,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 139 days on market.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Lake Arthur
Explore homes currently listed for sale in Lake Arthur, New Mexico across major real estate platforms.
Who lives in Lake Arthur?
Population
438
Median income
$81,875/yr
Median age
40.5 years
Owner-occupied
73.8%
College grads
4.7%
Avg commute
25.9 min
Source: U.S. Census Bureau ACS
What is it like to live in Lake Arthur?
Lake Arthur is a community of approximately 0K residents with a median age of 40.5 years.The median household income is $81,875, which reflects a relatively affluent area with strong earning potential. 4.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 73.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 25.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Lake Arthur offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Lake Arthur?
3 schools tracked · 126 students
The largest public schools serving Lake Arthur, NM by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
LAKE ARTHUR ELEMENTARY
Grades PK-5 · 61 students
LAKE ARTHUR HIGH
Grades 9-12 · 38 students
LAKE ARTHUR MIDDLE
Grades 6-8 · 27 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Lake Arthur, NM?
Want a head-to-head view? Compare Lake Arthur side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Lake Arthur?
The median home sale price in Lake Arthur is $220,000, down 0.0% from last year.
How long do homes stay on market in Lake Arthur?
Homes typically spend 139 days on market before going under contract.
What is the median income in Lake Arthur?
The median household income is $81,875 per year.
How much does a single-family home cost in Lake Arthur?
The median single-family home price in Lake Arthur, NM is $220,000 (about $84 per square foot).
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