New Mexico Land Prices per Acre, by County
New Mexico does not make land sale prices public, so the prices here are median asking prices of land listed for sale. Want a number for your own parcel? Get a free cash offer.
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New Mexico Land Prices at a Glance
$60,000
Median asking price
$26,000
Median asking price per acre
6,514
Land listings for sale
151
Average days on market
Recent market data, report of December 2025. Asking prices are what sellers listed for, not what buyers paid. Small lots near towns cost far more per acre than large rural tracts, so compare parcels of a similar size.
Land Prices per Acre in Every New Mexico County
29 counties with at least 3 listings, highest price per acre first. Land costs the most per acre in Los Alamos County ($833,049) and the least in Guadalupe County ($678).
| County | Median asking per acre | Median asking | Listings |
|---|---|---|---|
| Los Alamos County | $833,049 | $222,450 | 6 |
| Lea County | $174,520 | $149,900 | 124 |
| Lincoln County | $90,566 | $60,000 | 384 |
| Eddy County | $67,024 | $78,000 | 179 |
| Bernalillo County | $48,814 | $110,000 | 586 |
| Santa Fe County | $45,783 | $189,000 | 449 |
| Colfax County | $38,043 | $38,500 | 208 |
| San Juan County | $36,585 | $69,000 | 297 |
| Curry County | $36,170 | $85,900 | 87 |
| Taos County | $33,748 | $121,500 | 318 |
| Otero County | $29,417 | $50,000 | 197 |
| Sierra County | $23,310 | $43,750 | 72 |
| Sandoval County | $20,567 | $20,000 | 1,261 |
| Chaves County | $20,000 | $77,250 | 106 |
| Union County | $19,798 | $16,500 | 6 |
| Quay County | $16,661 | $40,000 | 17 |
| San Miguel County | $15,483 | $162,450 | 84 |
| Roosevelt County | $15,426 | $46,500 | 24 |
| Rio Arriba County | $13,596 | $75,000 | 160 |
| Grant County | $13,503 | $69,000 | 115 |
| Mora County | $7,312 | $159,000 | 7 |
| Hidalgo County | $6,234 | $117,500 | 6 |
| Valencia County | $6,000 | $16,940 | 499 |
| Torrance County | $5,760 | $55,000 | 296 |
| Socorro County | $3,792 | $29,000 | 155 |
| Cibola County | $3,518 | $36,450 | 54 |
| Luna County | $3,219 | $8,000 | 292 |
| Catron County | $2,426 | $35,000 | 114 |
| Guadalupe County | $678 | $79,000 | 9 |
Land Values in New Mexico: What to Know
New Mexico does not make land sale prices public, so this page uses asking prices: what sellers list land for, not what buyers paid. In recent market data the median listing asks about $60,000, or about $26,000 per acre, across 6,514 listings. Land that sold spent an average of 151 days on the market.
The cities and the mountain towns ask the most. Bernalillo County (Albuquerque) asks about $49,000 per acre and Santa Fe County about $46,000. Lincoln County, with Ruidoso, asks about $91,000, and Lea County, in the oil fields around Hobbs, about $175,000. Sandoval County, home of Rio Rancho, has the most listings, 1,261, at about $21,000 per acre. Open desert and ranch land is cheapest: about $2,400 per acre in Catron County, about $3,200 in Luna County and about $3,500 in Cibola County.
Why small lots cost more per acre
New Mexico sale prices are not public, so compare asking prices by size. The median listing under 1 acre asks about $37,000. A 5 to 10 acre parcel asks about $77,000, and a tract of 100 acres or more asks about $466,000. The big tract costs more in total but far less for each acre. Many New Mexico listings are old subdivision lots out in the desert, with no water or power, and big ranch tracts are priced as grazing land.
How to estimate what your land is worth
Start with recent sales of land like yours: the same county, a similar size, and a similar use. Then adjust for what buyers check first. Legal road access, power and water at the road, how much of the parcel sits in a flood zone, and how steep or wet the ground is can each move the price a lot. In New Mexico, water is the first question: a parcel with a well or a water line is worth far more than one that needs water hauled in. Check road access and the distance to power next.
Our free land value estimator gives a quick range from recent market data. For local numbers, see the county pages for Sandoval County, Bernalillo County and Luna County.
Land Price Questions in New Mexico
How much is an acre of land in New Mexico?
New Mexico does not make land sale prices public. In recent market data the median asking price is about $26,000 per acre, and the median listing asks about $60,000, across 6,514 listings. A sale can close below the asking price.
Where is the cheapest land in New Mexico?
The open desert and ranch counties. Median asking prices are about $2,400 per acre in Catron County, about $3,200 in Luna County and about $3,500 in Cibola County.
How much does 5 acres cost in New Mexico?
Parcels of 5 to 10 acres have a median asking price of about $77,000 in recent market data. Sale prices are not public in New Mexico, and a sale can close below the asking price.
How long does land take to sell in New Mexico?
Land that sold in New Mexico spent an average of 151 days on the market in recent market data. Lots under 1 acre averaged 135 days, and tracts of 100 acres or more averaged 230 days.