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Colfax County, NM
Colfax County, New Mexico. Cheapest large-tract market in the country; access and water are the whole story.
Median $/acre
$2,192/ac
12-month change
+11.2%
Sales (12 mo)
39
Median days on market
103 d
Monthly absorption
8.7%
Median price per acre · 36 months
Recorded sales volume · monthly
Price per acre by tract size
| 0–5 ac | 24 listed | $1,815/ac |
| 5–20 ac | 22 listed | $1,912/ac |
| 20–50 ac | 19 listed | $1,914/ac |
| 50–100 ac | 10 listed | $1,844/ac |
| 100+ ac | 52 listed | $839/ac |
Most recent recorded sales
| NM-953673 | 20.8 ac | $65,700 | $3,165/ac | Investor |
| NM-641644 | 4.8 ac | $6,200 | $1,291/ac | Investor |
| NM-665742 | 92.9 ac | $153,500 | $1,653/ac | Builder |
| NM-641823 | 5.4 ac | $7,500 | $1,382/ac | Owner occupant |
| NM-718403 | 638.4 ac | $603,100 | $945/ac | Owner occupant |
| NM-646486 | 159.2 ac | $249,500 | $1,567/ac | Owner occupant |
| NM-941379 | 3.9 ac | $4,100 | $1,028/ac | 1031 exchange |
| NM-940822 | 2.6 ac | $5,400 | $2,068/ac | 1031 exchange |