Is now a good time to buy land in San Miguel County, New Mexico?
San Miguel County, New Mexico is currently a strong buyer's market with 19.4 months of supply. Buyers have more negotiating power and can take time to find the right property.
San Miguel County, New Mexico Land Market Statistics
Comprehensive market data and analysis• Updated Dec 2025
Active Listings
84
Sold (12M)
57
Median Price
-
Market Condition
Strong Buyer's Market
San Miguel County, New Mexico Market Meter
Strong Buyer's Market
19.4 months of supply
High inventory favors buyers with more choices and negotiating power.
Market Overview
Median Price
-
Avg Price/Acre
-
Avg Days on Market
183
Months of Supply
19.4
YoY Price Change
-
New Listings (3M)
16
Land Market Data by Acreage
Data Type:
View:
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 3 | 7 | 11 | 17 |
| 1-2 acres | 1 | 2 | 5 | 11 |
| 2-5 acres | - | 1 | 2 | 3 |
| 5-10 acres | - | 1 | 3 | 7 |
| 10-20 acres | - | - | 2 | 7 |
| 20-50 acres | 1 | 1 | 1 | 4 |
| 50-100 acres | - | 1 | 1 | 1 |
| 100+ acres | - | - | - | 7 |
| TOTAL | 5 | 13 | 25 | 57 |
📊 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 acres17 sold / 14 listed
1-2 acres11 sold / 10 listed
2-5 acres3 sold / 13 listed
5-10 acres7 sold / 8 listed
10-20 acres7 sold / 9 listed
20-50 acres4 sold / 18 listed
50-100 acres1 sold / 4 listed
100+ acres7 sold / 8 listed
Median Price by Acreage
No price data available
Key Market Indicators
Total Sales Volume
$0
Last 12 months
Active Listings
84
Current inventory
Avg Days on Market
183
Time to sell
Price Trend (YoY)
-
Year over year
San Miguel County, New Mexico Land Market Analysis
What is the months of supply for land in San Miguel County, New Mexico?
San Miguel County, New Mexico currently has 19.4 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
Is now a good time to invest in land in San Miguel County, New Mexico?
The current absorption rate in San Miguel County, New Mexico is 5.2% (3-month basis), indicating slow demand. The top-performing broker in this market is Real Broker LLC.
What is the total amount sold in San Miguel County, New Mexico last year?
Over the past 12 months, San Miguel County, New Mexico saw 57 properties sold. In just the last 3 months, 13 properties changed hands.
How long does it take to sell land in San Miguel County, New Mexico?
Land in San Miguel County, New Mexico typically sells within 183 days of listing. The median time on market is 63 days. Properties are moving slowly in the current strong buyer's market.
What is the total land for sale in San Miguel County, New Mexico?
There are currently 84 active listings in San Miguel County, New Mexico. 16 new listings have hit the market in the last 90 days. The median asking price is $162K.
What is the absorption rate for land in San Miguel County, New Mexico?
The 3-month absorption rate in San Miguel County, New Mexico is 5.2%. The 12-month rate is 5.7%. 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, 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.
Land in San Miguel County
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