Is now a good time to buy land in Dexter, New Mexico?
Dexter, New Mexico is currently a very hot seller's market with 2.0 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.
Comprehensive market data and analysis• Updated Dec 2025
2.0 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | - |
| 2-5 acres | 1 | 1 | 1 | 2 |
| 5-10 acres | 1 | 1 | 3 | 4 |
| 10-20 acres | - | 3 | 3 | 5 |
| 20-50 acres | - | 1 | 1 | 1 |
| 50-100 acres | - | - | 1 | 1 |
| 100+ acres | - | - | - | - |
| TOTAL | 2 | 6 | 9 | 13 |
Dexter, New Mexico is currently a very hot seller's market with 2.0 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.
Dexter, New Mexico currently has 2.0 months of inventory supply. This indicates a very hot seller's market. Low supply means competition for available properties is high.
Land in Dexter, New Mexico typically sells within 86 days of listing. The median time on market is 41 days. Properties are moving at a moderate pace in the current very hot seller's market.
The current absorption rate in Dexter, New Mexico is 50.0% (3-month basis), indicating strong demand.
There are currently 4 active listings in Dexter, New Mexico. The median asking price is $45K.
The 3-month absorption rate in Dexter, New Mexico is 50.0%. The 12-month rate is 27.1%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Over the past 12 months, Dexter, New Mexico saw 13 properties sold. In just the last 3 months, 6 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.