Otero County, NM Land & Properties for Sale

16 Results

Rio Peñasco River Ranch - Cloudcroft, New Mexico, 88317

Premier Listing

Rio Peñasco River Ranch
price

$2,350,000

acres

124.57 Acres

location

Cloudcroft, New Mexico, 88317

We are proud to have obtained the exclusive listing on the ±124.57 deeded acre Rio Peñasco River Ranch, an exceptional mountain property located in th...

Elk Springs Ranch - Cloudcroft, New Mexico, 88317

Premier Listing

Elk Springs Ranch
price

$8,490,000

acres

536 Acres

location

Cloudcroft, New Mexico, 88317

536 acres adjacent to Lincoln National Forest 6,500+ square foot luxury home Trophy elk hunting with annual landowner tags Excellent year-round access...

Otero land for sale near Cloudcroft, NM in Timberon.   - Timberon, New Mexico, 88350

Premier Listing

Otero land for sale near Cloudcroft, NM in Timberon.
price

$29,000

acres

0.51 Acres

location

Timberon, New Mexico, 88350

Timberon is a friendly community just south of Cloudcroft, NM. This is a laid back small, secret wonderful area of New Mexico that provides beautiful ...

1.92 Acres of Land in Chaparral - Chaparral, New Mexico, 88081
1.92 Acres of Land in Chaparral
price

$172,000

acres

1.92 Acres

location

Chaparral, New Mexico, 88081

Great New Mexico 1.92 Acres Land. Water and Electricity on site. Lots of possibilities.

42.85 Acres of Land in Chaparral - Chaparral, New Mexico, 88081
42.85 Acres of Land in Chaparral
price

$1,800,000

acres

42.85 Acres

location

Chaparral, New Mexico, 88081

Great piece of land for flexible development possibilities. Frontage on US HWY 54 and Greiner Drive, close to NM-TX state line.Address showing to be c...

0.5 Acres of Land in Timberon - Timberon, New Mexico, 88350
0.5 Acres of Land in Timberon
price

$23,500

acres

0.5 Acres

location

Timberon, New Mexico, 88350

PRICE IMPROVEMENT Retreat to the mountains with this fantastic 0.50-acre corner lot in Timberon, NM! Featuring a concrete slab, septic system, water h...

Land prices in Otero County, New Mexico

Nearly everything on the market in Otero County is general acreage: 13 of the 16 properties for sale are listed as acreage, alongside 6 home with acreage listings and 3 home listings. Tracts range from 0.26 to 3,439 acres, with a median of 3.5 acres. Most of what is offered is small: 63% of the listings are under 10 acres.

Asking prices run from $12,800 to $8,490,000; the median listing asks $178,500. Land here averages about $4,525 per acre. The largest tract, 3,439 acres, is listed at $2,895,000.

Land for sale in Otero County by property type

TypeListingsMedian priceAverage price per acreAcreage range
Acreage13$172,000$2,6030.26 to 3,439
Home with Acreage6$1,967,500$3,9610.51 to 3,439
Home3$1,585,000$1,3070.51 to 3,439
Hunting Land3$2,895,000$3,350125 to 3,439
Mountain Land3$1,585,000$29,4550.51 to 125
Ranch3$2,895,000$3,350125 to 3,439
Recreational Land3$2,895,000$3,350125 to 3,439
Listings
16
Median asking price
$178,500
Median tract
3.5 acres
Average price per acre
$4,525
Smallest and largest tract
0.26 and 3,439 acres

Where the land is in Otero County

Listings cluster around Alamogordo (5), Cloudcroft (3) and Timberon (3), with 4 other communities represented.

Nearby, Lincoln County has 36 listings at about $3,641 per acre, Dona Ana County has 115 listings at about $53,160 per acre and Sierra County has 6 listings.