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Hidalgo County, NM

Hidalgo County, New Mexico. Cheapest large-tract market in the country; access and water are the whole story.

Seller's market
Median $/acre
$2,167/ac
12-month change
+5.1%
Sales (12 mo)
40
Median days on market
153 d
Monthly absorption
12.4%
Median price per acre · 36 months
Recorded sales volume · monthly
Price per acre by tract size
0–5 ac15 listed$2,216/ac
5–20 ac19 listed$1,872/ac
20–50 ac19 listed$1,479/ac
50–100 ac13 listed$1,354/ac
100+ ac54 listed$906/ac
Most recent recorded sales
NM-65286711.6 ac$28,100$2,432/acOwner occupant
NM-767957462.1 ac$188,500$408/acRecreational buyer
NM-1001081.6 ac$3,900$2,471/acNeighbor
NM-917228272.5 ac$246,100$903/ac1031 exchange
NM-1113533.9 ac$5,800$1,511/acInvestor
NM-23382123.1 ac$20,200$873/acInvestor
NM-478832871.0 ac$456,300$524/acRecreational buyer
NM-32459640.5 ac$107,000$2,644/ac1031 exchange