Is now a good time to buy land in Carrizozo, New Mexico?
Carrizozo, New Mexico is currently a buyer's market with 11.6 months of supply. Buyers have more negotiating power and can take time to find the right property.
Comprehensive market data and analysis• Updated Oct 2026
11.6 months of supply
High inventory favors buyers with more choices and negotiating power.
New Mexico does not make land sale prices public, so sold prices are not shown here. Sales counts, days on market and months of supply are still real.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | 1 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | 3 | 5 | 7 | 8 |
| 5-10 acres | 1 | 1 | 3 | 3 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | 1 | 3 | 4 |
| 50-100 acres | - | 1 | 2 | 2 |
| 100+ acres | - | - | 1 | 3 |
| TOTAL | 4 | 8 | 16 | 21 |
Carrizozo, New Mexico is currently a buyer's market with 11.6 months of supply. Buyers have more negotiating power and can take time to find the right property.
Carrizozo, New Mexico currently has 11.6 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.
The current absorption rate in Carrizozo, New Mexico is 8.6% (3-month basis), indicating moderate demand. The top-performing broker in this market is Pinnacle Real Estate & Dev.
Over the past 12 months, Carrizozo, New Mexico saw 21 properties sold. In just the last 3 months, 8 properties changed hands.
Land in Carrizozo, New Mexico typically sells within 160 days of listing. The median time on market is 134 days. Properties are moving slowly in the current buyer's market.
The 3-month absorption rate in Carrizozo, New Mexico is 8.6%. The 12-month rate is 5.7%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
There are currently 31 active listings in Carrizozo, New Mexico. 4 new listings have hit the market in the last 90 days. The median asking price is $23K.
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, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
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