Luna County, New Mexico Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings

292

Sold (12M)

Median Price

Market Condition

Strong Buyer's Market

Luna County, New Mexico Market Meter

Strong Buyer's Market

58.4 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price

Avg Price/Acre

Avg Days on Market

233

Months of Supply

58.4

YoY Price Change

New Listings (3M)

Land Market Data by Acreage

Data Type:

View:

Acreage	30D	3M	6M	12M	24M	36M
0-1 acres	-	3	6	19	32	43
1-2 acres	1	2	6	19	52	81
2-5 acres	1	5	9	15	38	57
5-10 acres	-	2	8	13	23	40
10-20 acres	2	2	2	8	25	37
20-50 acres	-	-	1	2	7	13
50-100 acres	-	1	2	3	5	8
100+ acres	-	-	1	4	6	8
TOTAL	4	15	35	83	188	287

📊 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

0-1 acres19 sold / 35 listed

1-2 acres19 sold / 108 listed

2-5 acres15 sold / 74 listed

5-10 acres13 sold / 14 listed

10-20 acres8 sold / 16 listed

20-50 acres2 sold / 16 listed

50-100 acres3 sold / 7 listed

100+ acres4 sold / 16 listed

Median Price by Acreage

No price data available

Key Market Indicators

Total Sales Volume

Last 12 months

Active Listings

292

Current inventory

Avg Days on Market

233

Time to sell

Price Trend (YoY)

Year over year

Luna County, New Mexico Land Market Analysis

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

Luna County, New Mexico is currently a strong buyer's market with 58.4 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 Luna County, New Mexico?

Luna County, New Mexico currently has 58.4 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 land for sale in Luna County, New Mexico?

There are currently 292 active listings in Luna County, New Mexico. 46 new listings have hit the market in the last 90 days. The median asking price is $8K.

How long does it take to sell land in Luna County, New Mexico?

Land in Luna County, New Mexico typically sells within 233 days of listing. The median time on market is 143 days. Properties are moving slowly in the current strong buyer's market.

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

Over the past 12 months, Luna County, New Mexico saw 84 properties sold. In just the last 3 months, 15 properties changed hands.

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

The current absorption rate in Luna County, New Mexico is 1.7% (3-month basis), indicating slow demand. The top-performing broker in this market is EXP Realty, LLC.

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

The 3-month absorption rate in Luna County, New Mexico is 1.7%. The 12-month rate is 2.4%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

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.