Land Market Insights and Pricing in Union County, New Mexico

Union County, New Mexico, offers vast expanses of land across its 3,824 square miles, characterized by flat plains and rolling hills with elevations ranging from 4,000 to 6,000 feet. The county's easternmost position in New Mexico, bordering Colorado and Oklahoma, provides unique cross-state opportunities for land buyers. With a remarkably low population density of 1.2 inhabitants per square mile, Union County promises ample space and privacy. The landscape is dotted with small rivers and streams, supporting agricultural pursuits, particularly ranching and small-scale farming. Notable features include part of the Kiowa National Grassland and the Capulin Volcano National Monument, appealing to nature enthusiasts and those seeking distinctive land characteristics. While the county's median household price of $135,900 is significantly below the national average, potential buyers should note the higher unemployment rate of 6.6% and a poverty rate of 16.7%, indicating economic challenges. However, with property taxes at 0.57%, well below the national average, Union County presents an intriguing opportunity for land investment and development.