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Torrance County, NM
Torrance County, New Mexico. Cheapest large-tract market in the country; access and water are the whole story.
Median $/acre
$2,280/ac
12-month change
+7.5%
Sales (12 mo)
36
Median days on market
149 d
Monthly absorption
11.0%
Median price per acre · 36 months
Recorded sales volume · monthly
Price per acre by tract size
| 0–5 ac | 8 listed | $3,011/ac |
| 5–20 ac | 23 listed | $2,213/ac |
| 20–50 ac | 17 listed | $1,774/ac |
| 50–100 ac | 6 listed | $1,563/ac |
| 100+ ac | 47 listed | $1,002/ac |
Most recent recorded sales
| NM-561421 | 4.1 ac | $9,000 | $2,227/ac | Builder |
| NM-939993 | 2019.7 ac | $825,700 | $409/ac | Recreational buyer |
| NM-693955 | 25.4 ac | $40,600 | $1,595/ac | Recreational buyer |
| NM-452211 | 7.2 ac | $17,400 | $2,419/ac | Recreational buyer |
| NM-666153 | 125.1 ac | $114,700 | $917/ac | Builder |
| NM-794435 | 36.0 ac | $96,900 | $2,689/ac | Neighbor |
| NM-557472 | 325.2 ac | $304,600 | $937/ac | Neighbor |
| NM-694783 | 46.4 ac | $41,700 | $900/ac | Builder |