Torrance County, NM
Land Market Insights and Pricing in Torrance County, New Mexico
On average, land listings in Torrance County, NM have a lot size of 154 acres and are priced around $308,247. The median price per acre in Torrance County, NM is $2,516.
Market Trends
Properties for Sale
292
Total Acreage for Sale
17,570 ac
Median Lot Size
21.4 ac
Average Lot Size
154.1 ac
Median List Price
$83,500
Average List Price
$308,247
Median Price Per Acre
$2,516 / ac
Total Price Reductions
1 property
Median Days on Market
294 days
Land for Sale in Torrance County,
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Top Agents in Torrance County
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About Torrance County, NM
Torrance County, New Mexico, offers a diverse landscape for land buyers, with its defining feature being the Manzano Mountains rising to 10,098 feet on the western edge. The county's terrain transitions from these peaks to gently rolling grasslands, ranging from 6,000 to 6,200 feet in elevation, ideal for agriculture and ranching. The Manzano Wilderness area appeals to nature enthusiasts, while a series of playas and seasonal lakes, including Laguna del Perro, enhance wildlife viewing opportunities. With property taxes at 0.47%, significantly below the national average, Torrance presents an attractive prospect for land investment. However, potential buyers should note the county's economic challenges, including an unemployment rate of 11.6% and a median worker earnings of $28,548, both less favorable than national averages. Despite these factors, Torrance's natural beauty and varied land uses make it a compelling destination for those seeking New Mexico acreage.
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