← All countiesBalanced
Luna County, NM
Luna County, New Mexico. Cheapest large-tract market in the country; access and water are the whole story.
Median $/acre
$2,144/ac
12-month change
+3.7%
Sales (12 mo)
33
Median days on market
137 d
Monthly absorption
9.5%
Median price per acre · 36 months
Recorded sales volume · monthly
Price per acre by tract size
| 0–5 ac | 11 listed | $2,241/ac |
| 5–20 ac | 21 listed | $2,257/ac |
| 20–50 ac | 16 listed | $1,680/ac |
| 50–100 ac | 8 listed | $1,236/ac |
| 100+ ac | 39 listed | $902/ac |
Most recent recorded sales
| NM-417646 | 368.9 ac | $553,000 | $1,499/ac | Neighbor |
| NM-295717 | 91.2 ac | $207,400 | $2,274/ac | Builder |
| NM-363771 | 22.3 ac | $22,200 | $996/ac | Recreational buyer |
| NM-903857 | 23.7 ac | $42,300 | $1,785/ac | 1031 exchange |
| NM-108897 | 913.0 ac | $847,800 | $929/ac | 1031 exchange |
| NM-475853 | 100.7 ac | $175,800 | $1,747/ac | Owner occupant |
| NM-289303 | 1225.2 ac | $571,500 | $466/ac | Recreational buyer |
| NM-574571 | 39.8 ac | $56,900 | $1,430/ac | Owner occupant |