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USANew MexicoFence Lake

Fence Lake, New Mexico Land Market Statistics

Comprehensive market data and analysis• Updated Oct 2026

Active Listings
6
Sold (12M)
3
Median Price
Not public
Market Condition
Strong Buyer's Market

Fence Lake, New Mexico Market Meter

Buyer'sSeller's
Strong Buyer's Market

18.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
Not public
Avg Price/Acre
Not public
Avg Days on Market
337
Months of Supply
18.0
YoY Price Change
Not public
New Listings (3M)
4

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.

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M24M36M
0-1 acres------
1-2 acres------
2-5 acres------
5-10 acres------
10-20 acres---245
20-50 acres----48
50-100 acres------
100+ acres-11124
TOTAL01131017
📊 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
10-20 acres2 sold / 0 listed
20-50 acres0 sold / 5 listed
100+ acres1 sold / 0 listed

Median Price by Acreage

No price data available

Key Market Indicators

Total Sales Volume
$0
Last 12 months
Active Listings
6
Current inventory
Avg Days on Market
337
Time to sell
Price Trend (YoY)
-
Year over year

Fence Lake, New Mexico Land Market Analysis

Is now a good time to buy land in Fence Lake, New Mexico?

Fence Lake, New Mexico is currently a strong buyer's market with 18.0 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 Fence Lake, New Mexico?

Fence Lake, New Mexico currently has 18.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.

What is the total amount sold in Fence Lake, New Mexico last year?

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

Is now a good time to invest in land in Fence Lake, New Mexico?

The current absorption rate in Fence Lake, New Mexico is 5.6% (3-month basis), indicating slow demand.

How long does it take to sell land in Fence Lake, New Mexico?

Land in Fence Lake, New Mexico typically sells within 337 days of listing. The median time on market is 326 days. Properties are moving slowly in the current strong buyer's market.

What is the absorption rate for land in Fence Lake, New Mexico?

The 3-month absorption rate in Fence Lake, New Mexico is 5.6%. The 12-month rate is 4.2%. 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 Fence Lake, New Mexico?

There are currently 6 active listings in Fence Lake, New Mexico. 4 new listings have hit the market in the last 90 days. The median asking price is $85K.

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, 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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Other Cities in Cibola County

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