Is now a good time to buy land in Pie Town, New Mexico?
Pie Town, New Mexico is currently a strong buyer's market with 49.5 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
49.5 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | 1 | 1 | 1 | 1 |
| 20-50 acres | - | - | 1 | 9 |
| 50-100 acres | - | - | - | 1 |
| 100+ acres | - | 1 | 1 | 3 |
| TOTAL | 1 | 2 | 3 | 14 |
Pie Town, New Mexico is currently a strong buyer's market with 49.5 months of supply. Buyers have more negotiating power and can take time to find the right property.
Pie Town, New Mexico currently has 49.5 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
There are currently 33 active listings in Pie Town, New Mexico. 6 new listings have hit the market in the last 90 days. The median asking price is $45K.
The current absorption rate in Pie Town, New Mexico is 2.0% (3-month basis), indicating slow demand. The top-performing broker in this market is Ranch Pros Real Estate.
The 3-month absorption rate in Pie Town, New Mexico is 2.0%. The 12-month rate is 3.5%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Over the past 12 months, Pie Town, New Mexico saw 14 properties sold. In just the last 3 months, 2 properties changed hands.
Land in Pie Town, New Mexico typically sells within 133 days of listing. The median time on market is 100 days. Properties are moving slowly in the current strong buyer'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.