The overall value of land for sale in New Mexico's Lea County recently on Land.com was $32 million. This represents almost 4,000 acres of ranches, farms, hunting land and other rural land and acreage for sale in Lea County. Lea County ranks 25th in the Land of Enchantment for the total number of acres of land currently advertised for sale. Hobbs had the most land for sale. Economically speaking, Lea County's is largely dependent on mining and mineral extraction-related businesses and services. Lea County is one of the ten largest counties in New Mexico (4,394 square miles). It's located in the Southeast New Mexico region of the state.