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...

Lots & Land-Other in Chaparral - Chaparral, New Mexico, 88081
Lots & Land-Other in Chaparral
price

$179,500

acres

1.92 Acres

location

Chaparral, New Mexico, 88081

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

Lots & Land-Other in Chaparral - Chaparral, New Mexico, 88081
Lots & Land-Other 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...

Lots & Land-Other in Timberon - Timberon, New Mexico, 88350
Lots & Land-Other 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...

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 ...

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 $182,250. Land here averages about $4,529 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$179,500$2,6080.26 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
$182,250
Median tract
3.5 acres
Average price per acre
$4,529
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 35 listings at about $3,641 per acre, Dona Ana County has 116 listings at about $50,480 per acre and Sierra County has 6 listings.