New Mexico

Land Market Insights and Pricing in New Mexico

On average, land listings in New Mexico have a lot size of 647 acres and are priced around $1,114,076. The median price per acre in New Mexico is $6,439.
Market Trends
Properties for Sale
12,004
Total Acreage for Sale
1,139,101 ac
Median Lot Size
23.8 ac
Average Lot Size
647.2 ac
Median List Price
$265,000
Average List Price
$1,114,076
Median Price Per Acre
$6,439 / ac
Total Price Reductions
73 properties
Median Days on Market
95 days
Average Days on Market
207 days

Land for Sale in New Mexico

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Top Agents in New Mexico

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About New Mexico
Are you interested in land for sale in the Land of Enchantment? Based on the total acres currently listed for sale on Land.com, New Mexico is among the top three states in the country for land and rural property for sale. The overall value of farms, ranches, hunting land and other land for sale in the state amounts to nearly $5 billion, and covers nearly 1 million acres. Of the 33 counties in the state, Santa Fe County has the most ranches, farms, hunting land and other rural land and acreage for sale. Looking at data recently recorded through the Land Network Comparable Sales program, the most land and rural property sales were recorded in Valencia County. Some suggested agricultural applications for land currently listed for sale in New Mexico include livestock or irrigation use. Outdoors enthusiasts can hunt for wildlife including mule deer, elk, turkey, bear, whitetail deer, and ducks on land for sale here, while fishing enthusiasts can cast for trout, catfish, and bass.

New Mexico Regions - Market Value Insights

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New Mexico Counties - Market Value Insights

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New Mexico
Disclaimer: The metrics displayed on this page are calculated based on listings advertised on the Land Network for properties over 10 acres, excluding commercial properties. The data reflects the characteristics and trends of these specific types of listings. If you have any questions or need more detailed information, please contact Customer Support.