Is now a good time to buy land in Cloudcroft, New Mexico?
Cloudcroft, New Mexico is currently a strong buyer's market with 16.7 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
16.7 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 4 | 8 | 14 |
| 1-2 acres | - | - | - | 1 |
| 2-5 acres | 1 | 2 | 2 | 2 |
| 5-10 acres | - | 2 | 5 | 6 |
| 10-20 acres | - | - | 1 | 1 |
| 20-50 acres | - | 1 | 1 | 2 |
| 50-100 acres | - | - | - | 1 |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 9 | 17 | 27 |
Cloudcroft, New Mexico is currently a strong buyer's market with 16.7 months of supply. Buyers have more negotiating power and can take time to find the right property.
Cloudcroft, New Mexico currently has 16.7 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
The 3-month absorption rate in Cloudcroft, New Mexico is 6.0%. The 12-month rate is 4.5%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
There are currently 50 active listings in Cloudcroft, New Mexico. 8 new listings have hit the market in the last 90 days. The median asking price is $72K.
Land in Cloudcroft, New Mexico typically sells within 138 days of listing. The median time on market is 87 days. Properties are moving slowly in the current strong buyer's market.
The current absorption rate in Cloudcroft, New Mexico is 6.0% (3-month basis), indicating slow demand. The top-performing broker in this market is Aspen Trails Realty.
Over the past 12 months, Cloudcroft, New Mexico saw 27 properties sold. In just the last 3 months, 9 properties changed hands.
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.