Is now a good time to buy land in Tierra Amarilla, New Mexico?
Tierra Amarilla, New Mexico is currently a strong buyer's market with 42.0 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
42.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 2 | 4 | 4 |
| 1-2 acres | 1 | 1 | 1 | 1 |
| 2-5 acres | - | - | - | 2 |
| 5-10 acres | - | - | - | 4 |
| 10-20 acres | - | 1 | 2 | 6 |
| 20-50 acres | - | - | 1 | 1 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 4 | 8 | 18 |
Tierra Amarilla, New Mexico is currently a strong buyer's market with 42.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Tierra Amarilla, New Mexico currently has 42.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
The 3-month absorption rate in Tierra Amarilla, New Mexico is 2.4%. The 12-month rate is 2.7%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
There are currently 56 active listings in Tierra Amarilla, New Mexico. 8 new listings have hit the market in the last 90 days. The median asking price is $33K.
Over the past 12 months, Tierra Amarilla, New Mexico saw 18 properties sold. In just the last 3 months, 4 properties changed hands.
Land in Tierra Amarilla, New Mexico typically sells within 180 days of listing. The median time on market is 151 days. Properties are moving slowly in the current strong buyer's market.
The current absorption rate in Tierra Amarilla, New Mexico is 2.4% (3-month basis), indicating slow demand. The top-performing broker in this market is United Country N New Mexico RE.
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.