Is now a good time to buy land in Los Lunas, New Mexico?
Los Lunas, New Mexico is currently a strong buyer's market with 14.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Comprehensive market data and analysis• Updated Dec 2025
14.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 7 | 21 | 33 | 52 |
| 1-2 acres | 5 | 13 | 19 | 35 |
| 2-5 acres | - | - | - | 1 |
| 5-10 acres | 2 | 3 | 4 | 8 |
| 10-20 acres | 1 | 3 | 4 | 7 |
| 20-50 acres | - | - | 1 | 3 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 15 | 40 | 61 | 106 |
Los Lunas, New Mexico is currently a strong buyer's market with 14.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Los Lunas, New Mexico currently has 14.0 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
Land in Los Lunas, New Mexico typically sells within 121 days of listing. The median time on market is 42 days. Properties are moving slowly in the current strong buyer's market.
There are currently 206 active listings in Los Lunas, New Mexico. 33 new listings have hit the market in the last 90 days. The median asking price is $22K.
The current absorption rate in Los Lunas, New Mexico is 7.1% (3-month basis), indicating slow demand. The top-performing broker in this market is Realty One of New Mexico.
Over the past 12 months, Los Lunas, New Mexico saw 121 properties sold. In just the last 3 months, 44 properties changed hands.
The 3-month absorption rate in Los Lunas, New Mexico is 7.1%. The 12-month rate is 4.9%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
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.