Luna County, NM
Land Market Insights and Pricing in Luna County, New Mexico
On average, land listings in Luna County, NM have a lot size of 1,130 acres and are priced around $610,174. The median price per acre in Luna County, NM is $1,750.
Market Trends
Properties for Sale
271
Total Acreage for Sale
56,478 ac
Median Lot Size
18.1 ac
Average Lot Size
1129.6 ac
Median List Price
$70,000
Average List Price
$610,174
Median Price Per Acre
$1,750 / ac
Total Price Reductions
—
Median Days on Market
165 days
Land for Sale in Luna County,
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Top Agents in Luna County
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About Luna County, NM
Luna County, New Mexico, offers a diverse landscape spanning 2,965 square miles of primarily land-based terrain. The county's geography ranges from flat lowlands with grasslands and desert scrub to three distinct mountain ranges: Cooke's Range, the Florida Mountains, and the Tres Hermanas Mountains. This varied topography provides opportunities for both agricultural use in flatter areas and rangeland in more elevated regions. Luna's strategic location bordering Mexico adds unique cross-border influences. The county boasts good accessibility via major highways, including Interstate 10 and US Routes 70 and 180. With a median home price of $112,500, significantly below the national average, Luna presents affordable land options. However, potential buyers should note the county's higher unemployment rate of 5.5% and a 21% poverty rate among families. Despite these economic challenges, Luna's natural beauty, including Pancho Villa State Park with its cacti and historical ruins, continues to attract nature enthusiasts and land investors alike.
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