Hope, New Mexico Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings

Sold (12M)

Median Price

Market Condition

Seller's Market

Hope, New Mexico Market Meter

Seller's Market

3.0 months of supply

Low inventory favors sellers with higher prices and faster sales.

Market Overview

Median Price

Avg Price/Acre

Avg Days on Market

Months of Supply

3.0

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	-	-	-	-	-	-
5-10 acres	-	-	-	-	-	-
10-20 acres	-	-	-	-	-	-
20-50 acres	-	1	1	1	1	1
50-100 acres	-	-	-	-	-	-
100+ acres	-	-	-	-	-	-
TOTAL	0	1	1	1	1	1

📊 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

1-2 acres0 sold / 1 listed

20-50 acres1 sold / 0 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

Time to sell

Price Trend (YoY)

Year over year

Hope, New Mexico Land Market Analysis

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

Hope, New Mexico is currently a seller's market with 3.0 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.

What is the months of supply for land in Hope, New Mexico?

Hope, New Mexico currently has 3.0 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.

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

The 3-month absorption rate in Hope, New Mexico is 33.3%. The 12-month rate is 8.3%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

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

The current absorption rate in Hope, New Mexico is 33.3% (3-month basis), indicating strong demand.

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

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

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

There are currently 1 active listings in Hope, New Mexico. The median asking price is $12K.

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.