224 Results

Land for Sale in Otero County, New Mexico

: 1 - 25 of 224 listings

A combined 100,000 acres were listed for sale in Otero County, New Mexico, recently; the overall value of all Otero County farms, ranches, and rural real estate for sale was $133 million. Otero County ranks 13th in the Land of Enchantment based on the total amount of acres of land for sale among all the counties in the Land of Enchantment. There were three properties listed as sold in Otero County through the Land Network Comparable Sales Program. This represented a total value of $3,540,414. Of all locations in Otero County with land for sale, Alamogordo featured the most land for sale. From an economic perspective, government and state-level services contribute most to Otero County's overall GDP. Otero County is one of the ten largest counties in New Mexico (6,626 square miles). It's located in the Southeast New Mexico region of New Mexico.

Land Market Insights and Pricing in Otero County, New Mexico

On average, land listings in Otero County, NM have a lot size of 1,173 acres and are priced around $1,707,839. The median price per acre in Otero County, NM is $15,839.
Market Trends
Properties for Sale
261
Total Acreage for Sale
52,766 ac
Median Lot Size
32.4 ac
Median List Price
$675,000
Median Price Per Acre
$15,839 / ac
Median Days on Market
200 days
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