Roosevelt County, NM
Land Market Insights and Pricing in Roosevelt County, New Mexico
On average, land listings in Roosevelt County, NM have a lot size of 492 acres and are priced around $860,504. The median price per acre in Roosevelt County, NM is $3,968.
Market Trends
Properties for Sale
72
Total Acreage for Sale
9,838 ac
Median Lot Size
170.9 ac
Average Lot Size
491.9 ac
Median List Price
$410,000
Average List Price
$860,504
Median Price Per Acre
$3,968 / ac
Total Price Reductions
1 property
Median Days on Market
116 days
About Roosevelt County, NM
Roosevelt County, New Mexico, offers vast expanses of predominantly flat to gently rolling terrain, ideal for agricultural pursuits and rural development. Spanning 2,455 square miles with a remarkably low population density of 8.1 inhabitants per square mile, the county presents ample opportunities for land investment. The semi-arid landscape is characterized by sparse natural vegetation and intermittent watercourses, with the Grulla National Wildlife Refuge adding ecological value. Roosevelt's economy is rooted in agriculture, reflected in its median household income of $37,762. Property taxes at 0.44% are significantly below the national average, enhancing the appeal for potential buyers. While the county faces challenges with a higher unemployment rate of 5.8% and a 16.8% family poverty rate, its strategic location along the Texas border and major highways like US-70 and US-84 offers promising prospects for cross-state investments and development.
Land for Sale in Roosevelt County,
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