Otero County, CO

Land Market Insights and Pricing in Otero County, Colorado

On average, land listings in Otero County, CO have a lot size of 8,664 acres and are priced around $5,180,515. The median price per acre in Otero County, CO is $4,852.
Market Trends
Properties for Sale
21
Total Acreage for Sale
43,321 ac
Median Lot Size
294.7 ac
Average Lot Size
8664.2 ac
Median List Price
$4,500,000
Average List Price
$5,180,515
Median Price Per Acre
$4,852 / ac
Total Price Reductions
Median Days on Market
147 days
Average Days on Market
4,566 days

Land for Sale in Otero County,

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About Otero County, CO
Otero County, Colorado, offers a diverse landscape spanning 1,270 square miles, characterized by the fertile Arkansas River Valley in the north and vast, arid High Plains to the south. The county's topography transitions from flat, irrigated agricultural land along the river to gently rolling plains and rugged canyonlands in the southeast. With a low population density of 16 people per square mile, Otero presents ample opportunities for rural and agricultural development. The area boasts several protected lands, including Comanche National Grassland and Bent's Old Fort National Historic Site, appealing to nature enthusiasts and history buffs alike. Economically, the county's median home price of $160,700 is significantly below the national average, while its 0.32% property tax rate is exceptionally low. Major highways like U.S. 50 and State Highway 350 provide good accessibility, enhancing the county's appeal for various land uses and development potential.

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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.