Is now a good time to buy land in Chaves County, New Mexico?
Chaves County, New Mexico is currently a strong buyer's market with 19.9 months of supply. Buyers have more negotiating power and can take time to find the right property.
Comprehensive market data and analysis• Updated Dec 2025
19.9 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 3 | 5 | 16 |
| 1-2 acres | 1 | 1 | 4 | 8 |
| 2-5 acres | 1 | 3 | 4 | 9 |
| 5-10 acres | 3 | 3 | 7 | 12 |
| 10-20 acres | - | 3 | 4 | 7 |
| 20-50 acres | - | 2 | 2 | 3 |
| 50-100 acres | - | 1 | 2 | 2 |
| 100+ acres | - | - | 1 | 2 |
| TOTAL | 5 | 16 | 29 | 59 |
Chaves County, New Mexico is currently a strong buyer's market with 19.9 months of supply. Buyers have more negotiating power and can take time to find the right property.
Chaves County, New Mexico currently has 19.9 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
The 3-month absorption rate in Chaves County, New Mexico is 5.0%. The 12-month rate is 4.6%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
There are currently 106 active listings in Chaves County, New Mexico. 25 new listings have hit the market in the last 90 days. The median asking price is $77K.
Over the past 12 months, Chaves County, New Mexico saw 59 properties sold. In just the last 3 months, 16 properties changed hands.
Land in Chaves County, New Mexico typically sells within 152 days of listing. The median time on market is 79 days. Properties are moving slowly in the current strong buyer's market.
The current absorption rate in Chaves County, New Mexico is 5.0% (3-month basis), indicating slow demand.
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.