Is now a good time to buy land in Hagerman, New Mexico?
Hagerman, New Mexico is currently a strong buyer's market with 39.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Comprehensive market data and analysis• Updated Oct 2026
39.0 months of supply
High inventory favors buyers with more choices and negotiating power.
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.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | 1 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | 1 | 1 | 1 | 2 |
| 20-50 acres | - | - | - | 1 |
| 50-100 acres | - | - | - | 1 |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 1 | 1 | 5 |
Hagerman, New Mexico is currently a strong buyer's market with 39.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Hagerman, New Mexico currently has 39.0 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 Hagerman, New Mexico is 2.6%. The 12-month rate is 3.2%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Over the past 12 months, Hagerman, New Mexico saw 5 properties sold. In just the last 3 months, 1 properties changed hands.
There are currently 13 active listings in Hagerman, New Mexico. 4 new listings have hit the market in the last 90 days. The median asking price is $70K.
The current absorption rate in Hagerman, New Mexico is 2.6% (3-month basis), indicating slow demand.
Land in Hagerman, New Mexico typically sells within 112 days of listing. The median time on market is 112 days. Properties are moving at a moderate pace in the current strong buyer's market.
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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