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Socorro County, NM
Socorro County, New Mexico. Cheapest large-tract market in the country; access and water are the whole story.
Median $/acre
$1,427/ac
12-month change
+5.4%
Sales (12 mo)
33
Median days on market
152 d
Monthly absorption
10.7%
Median price per acre · 36 months
Recorded sales volume · monthly
Price per acre by tract size
| 0–5 ac | 18 listed | $1,286/ac |
| 5–20 ac | 14 listed | $1,530/ac |
| 20–50 ac | 12 listed | $1,175/ac |
| 50–100 ac | 10 listed | $1,022/ac |
| 100+ ac | 58 listed | $546/ac |
Most recent recorded sales
| NM-802082 | 6.5 ac | $10,100 | $1,539/ac | Neighbor |
| NM-850848 | 2.7 ac | $2,000 | $760/ac | Investor |
| NM-595162 | 61.0 ac | $57,100 | $937/ac | Investor |
| NM-409702 | 1635.8 ac | $681,800 | $417/ac | Recreational buyer |
| NM-389218 | 1152.0 ac | $577,000 | $501/ac | Owner occupant |
| NM-619433 | 1346.2 ac | $758,300 | $563/ac | Investor |
| NM-495018 | 55.0 ac | $59,300 | $1,078/ac | 1031 exchange |
| NM-180997 | 3.0 ac | $4,700 | $1,570/ac | Builder |