Is now a good time to buy land in Ojo Caliente, New Mexico?
Ojo Caliente, New Mexico is currently a seller's market with 4.5 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.
Comprehensive market data and analysis• Updated Dec 2025
4.5 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 1 | 1 |
| 1-2 acres | - | - | - | 1 |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | 1 | 1 | 1 |
| 10-20 acres | - | - | 1 | 1 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 2 | 3 | 4 |
Ojo Caliente, New Mexico is currently a seller's market with 4.5 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.
Ojo Caliente, New Mexico currently has 4.5 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.
There are currently 3 active listings in Ojo Caliente, New Mexico. 2 new listings have hit the market in the last 90 days. The median asking price is $42K.
The current absorption rate in Ojo Caliente, New Mexico is 22.2% (3-month basis), indicating strong demand. The top-performing broker in this market is Donna Saiz RE Group.
Over the past 12 months, Ojo Caliente, New Mexico saw 4 properties sold. In just the last 3 months, 2 properties changed hands.
Land in Ojo Caliente, New Mexico typically sells within 18 days of listing. The median time on market is 15 days. Properties are moving quickly in the current seller's market.
The 3-month absorption rate in Ojo Caliente, New Mexico is 22.2%. The 12-month rate is 11.1%. 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.