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USANew MexicoMilan

Milan, New Mexico Land Market Statistics

Comprehensive market data and analysis• Updated Oct 2026

Active Listings
1
Sold (12M)
1
Median Price
Not public
Market Condition
Seller's Market

Milan, New Mexico Market Meter

Buyer'sSeller's
Seller's Market

3.0 months of supply

Low inventory favors sellers with higher prices and faster sales.

Market Overview

Median Price
Not public
Avg Price/Acre
Not public
Avg Days on Market
7
Months of Supply
3.0
YoY Price Change
Not public
New Listings (3M)
1

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 acres111114
1-2 acres------
2-5 acres------
5-10 acres------
10-20 acres------
20-50 acres------
50-100 acres------
100+ acres------
TOTAL111114
📊 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 acres1 sold / 0 listed
1-2 acres0 sold / 1 listed

Median Price by Acreage

No price data available

Key Market Indicators

Total Sales Volume
$0
Last 12 months
Active Listings
1
Current inventory
Avg Days on Market
7
Time to sell
Price Trend (YoY)
-
Year over year

Milan, New Mexico Land Market Analysis

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

Milan, 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 Milan, New Mexico?

Milan, 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 total amount sold in Milan, New Mexico last year?

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

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

Land in Milan, New Mexico typically sells within 7 days of listing. The median time on market is 7 days. Properties are moving quickly in the current seller's market.

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

There are currently 1 active listings in Milan, New Mexico. 1 new listings have hit the market in the last 90 days. The median asking price is $39K.

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

The 3-month absorption rate in Milan, 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 Milan, New Mexico?

The current absorption rate in Milan, New Mexico is 33.3% (3-month basis), indicating strong demand. The top-performing broker in this market is Keller Williams Realty.

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

  • Bluewater, New Mexico Land Stats
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