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 192 acres and are priced around $336,741. The median price per acre in Torrance County, NM is $2,146.
Market Trends
Properties for Sale
289
Total Acreage for Sale
20,389 ac
Median Lot Size
39 ac
Average Lot Size
192.4 ac
Median List Price
$108,915
Average List Price
$336,741
Median Price Per Acre
$2,146 / ac
Total Price Reductions
Median Days on Market
264 days
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.

Land for Sale in Torrance County,

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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.