Is now a good time to buy land in Mimbres, New Mexico?
Mimbres, New Mexico is currently a very hot seller's market with 1.0 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.
Comprehensive market data and analysis• Updated Dec 2025
1.0 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 2 | 2 | 4 |
| 1-2 acres | - | - | - | 2 |
| 2-5 acres | - | 1 | 1 | 2 |
| 5-10 acres | - | - | - | 1 |
| 10-20 acres | - | - | - | 1 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | 1 |
| TOTAL | 0 | 3 | 3 | 11 |
Mimbres, New Mexico is currently a very hot seller's market with 1.0 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.
Mimbres, New Mexico currently has 1.0 months of inventory supply. This indicates a very hot seller's market. Low supply means competition for available properties is high.
The 3-month absorption rate in Mimbres, New Mexico is 100.0%. The 12-month rate is 91.7%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Over the past 12 months, Mimbres, New Mexico saw 11 properties sold. In just the last 3 months, 3 properties changed hands.
There are currently 1 active listings in Mimbres, New Mexico. The median asking price is $100K.
The current absorption rate in Mimbres, New Mexico is 100.0% (3-month basis), indicating strong demand. The top-performing broker in this market is Better Homes and Gardens Real Estate | Silver City.
Land in Mimbres, New Mexico typically sells within 239 days of listing. The median time on market is 206 days. Properties are moving slowly in the current very hot seller'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. 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.