Bernalillo County, New Mexico Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings

586

Sold (12M)

305

Median Price

Market Condition

Strong Buyer's Market

Bernalillo County, New Mexico Market Meter

Strong Buyer's Market

30.3 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price

Avg Price/Acre

Avg Days on Market

127

Months of Supply

30.3

YoY Price Change

New Listings (3M)

106

Land Market Data by Acreage

Data Type:

View:

Acreage	30D	3M	6M	12M	24M	36M
0-1 acres	12	31	71	146	316	484
1-2 acres	2	8	24	40	79	139
2-5 acres	5	12	27	60	128	215
5-10 acres	-	3	8	22	50	77
10-20 acres	1	2	7	22	43	79
20-50 acres	2	2	3	8	13	24
50-100 acres	-	-	2	4	5	5
100+ acres	-	-	1	3	5	6
TOTAL	22	58	143	305	639	1,029

📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold

For Sale

0-1 acres146 sold / 190 listed

1-2 acres40 sold / 74 listed

2-5 acres60 sold / 111 listed

5-10 acres22 sold / 62 listed

10-20 acres22 sold / 100 listed

20-50 acres8 sold / 26 listed

50-100 acres4 sold / 12 listed

100+ acres3 sold / 11 listed

Median Price by Acreage

No price data available

Key Market Indicators

Total Sales Volume

Last 12 months

Active Listings

586

Current inventory

Avg Days on Market

127

Time to sell

Price Trend (YoY)

Year over year

Bernalillo County, New Mexico Land Market Analysis

Is now a good time to buy land in Bernalillo County, New Mexico?

Bernalillo County, New Mexico is currently a strong buyer's market with 30.3 months of supply. Buyers have more negotiating power and can take time to find the right property.

What is the months of supply for land in Bernalillo County, New Mexico?

Bernalillo County, New Mexico currently has 30.3 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.

What is the absorption rate for land in Bernalillo County, New Mexico?

The 3-month absorption rate in Bernalillo County, New Mexico is 3.3%. The 12-month rate is 4.3%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

What is the total amount sold in Bernalillo County, New Mexico last year?

Over the past 12 months, Bernalillo County, New Mexico saw 305 properties sold. In just the last 3 months, 58 properties changed hands.

Is now a good time to invest in land in Bernalillo County, New Mexico?

The current absorption rate in Bernalillo County, New Mexico is 3.3% (3-month basis), indicating slow demand. The top-performing broker in this market is Keller Williams Realty.

What is the total land for sale in Bernalillo County, New Mexico?

There are currently 586 active listings in Bernalillo County, New Mexico. 106 new listings have hit the market in the last 90 days. The median asking price is $110K.

How long does it take to sell land in Bernalillo County, New Mexico?

Land in Bernalillo County, New Mexico typically sells within 127 days of listing. The median time on market is 49 days. Properties are moving slowly in the current strong buyer's market.

Data Sources & Accuracy

Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.