January 16, 2025
How Much is One Acre of Land Worth in New Mexico?
Defining acreage value in a state spanning over 77 million total acres across deserts, mountains and high plains proves relative depending on buyer motivations, location potentials and chosen usage purposes for New Mexico real estate. According to the New Mexico Association of REALTORS, average land prices per acre currently span from $720 on the low end for expansive grazing lands to over $4,200 for irrigatable farmland to peaks approaching nearly $100k for prime development tracts in Santa Fe and Taos resort areas.