El Rito, New Mexico Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings

Sold (12M)

Median Price

Market Condition

Buyer's Market

El Rito, New Mexico Market Meter

Buyer's Market

9.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price

Avg Price/Acre

Avg Days on Market

184

Months of Supply

9.0

YoY Price Change

New Listings (3M)

Land Market Data by Acreage

Data Type:

View:

Acreage	30D	3M	6M	12M	24M	36M
0-1 acres	-	-	-	-	-	-
1-2 acres	-	-	-	-	-	-
2-5 acres	-	1	1	1	2	2
5-10 acres	-	-	-	-	-	-
10-20 acres	-	-	-	-	-	-
20-50 acres	-	-	-	-	-	-
50-100 acres	-	-	-	-	-	-
100+ acres	-	-	-	-	-	-
TOTAL	0	1	1	1	2	2

📊 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

2-5 acres1 sold / 1 listed

5-10 acres0 sold / 2 listed

Median Price by Acreage

No price data available

Key Market Indicators

Total Sales Volume

Last 12 months

Active Listings

Current inventory

Avg Days on Market

184

Time to sell

Price Trend (YoY)

Year over year

El Rito, New Mexico Land Market Analysis

Is now a good time to buy land in El Rito, New Mexico?

El Rito, New Mexico is currently a buyer's market with 9.0 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 El Rito, New Mexico?

El Rito, New Mexico currently has 9.0 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.

What is the total amount sold in El Rito, New Mexico last year?

Over the past 12 months, El Rito, New Mexico saw 1 properties sold. In just the last 3 months, 1 properties changed hands.

What is the absorption rate for land in El Rito, New Mexico?

The 3-month absorption rate in El Rito, New Mexico is 11.1%. The 12-month rate is 2.8%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

What is the total land for sale in El Rito, New Mexico?

There are currently 3 active listings in El Rito, New Mexico. The median asking price is $165K.

How long does it take to sell land in El Rito, New Mexico?

Land in El Rito, New Mexico typically sells within 184 days of listing. The median time on market is 184 days. Properties are moving slowly in the current buyer's market.

Is now a good time to invest in land in El Rito, New Mexico?

The current absorption rate in El Rito, New Mexico is 11.1% (3-month basis), indicating moderate demand. The top-performing broker in this market is New Mexico Real Estate Group.

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.