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 93.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Comprehensive market data and analysis• Updated Oct 2026
93.0 months of supply
High inventory favors buyers with more choices and negotiating power.
New Mexico does not make land sale prices public, so sold prices are not shown here. Sales counts, days on market and months of supply are still real.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | 3 |
| 1-2 acres | - | - | - | 1 |
| 2-5 acres | 1 | 1 | 1 | 1 |
| 5-10 acres | - | - | - | 2 |
| 10-20 acres | - | 1 | 1 | 6 |
| 20-50 acres | - | - | - | 2 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 2 | 2 | 15 |
Tierra Amarilla, New Mexico is currently a strong buyer's market with 93.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Tierra Amarilla, New Mexico currently has 93.0 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 1.1%. The 12-month rate is 2.0%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
There are currently 62 active listings in Tierra Amarilla, New Mexico. 9 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 15 properties sold. In just the last 3 months, 2 properties changed hands.
Land in Tierra Amarilla, New Mexico typically sells within 179 days of listing. The median time on market is 157 days. Properties are moving slowly in the current strong buyer's market.
The current absorption rate in Tierra Amarilla, New Mexico is 1.1% (3-month basis), indicating slow demand. The top-performing broker in this market is Keller Williams Realty.
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.
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