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San Miguel County, NM
San Miguel County, New Mexico. Cheapest large-tract market in the country; access and water are the whole story.
Median $/acre
$1,631/ac
12-month change
+5.7%
Sales (12 mo)
28
Median days on market
187 d
Monthly absorption
9.7%
Median price per acre · 36 months
Recorded sales volume · monthly
Price per acre by tract size
| 0–5 ac | 14 listed | $1,589/ac |
| 5–20 ac | 14 listed | $1,466/ac |
| 20–50 ac | 11 listed | $1,177/ac |
| 50–100 ac | 6 listed | $1,084/ac |
| 100+ ac | 43 listed | $577/ac |
Most recent recorded sales
| NM-646129 | 122.9 ac | $84,500 | $687/ac | Owner occupant |
| NM-881938 | 5.9 ac | $12,200 | $2,063/ac | Investor |
| NM-540374 | 1.9 ac | $3,800 | $1,986/ac | Builder |
| NM-573763 | 22.1 ac | $22,300 | $1,006/ac | Recreational buyer |
| NM-171458 | 4.2 ac | $7,300 | $1,742/ac | Recreational buyer |
| NM-707104 | 249.1 ac | $146,400 | $588/ac | Neighbor |
| NM-297269 | 280.7 ac | $174,800 | $623/ac | Investor |
| NM-923964 | 25.6 ac | $37,700 | $1,471/ac | 1031 exchange |