We maintain current land prices and rental pricing data on New Mexico land in order to better serve farmers and ranchers looking to buy or rent land in New Mexico with landowners who who have land in New Mexico that's available for sale or lease.
New Mexico cropland average acreage value data is available in the accompanying table and chart. All prices are per acre.
Average values differ from irrigated cropland and non-irrigated cropland values.
Key Findings:Crop acreage in New Mexico increased in value by 0.7% from $1,440/acre in 2015 to $1,450/acre in 2016.
The value of New Mexico cropland increased by 9.0% from $1,330/acre in 1997 to $1,450/acre in 2016.
Year | New Mexico | United States |
---|---|---|
2016 | $1,450 | $4,090 |
2015 | $1,440 | $4,130 |
2014 | $1,450 | $4,100 |
2013 | $1,450 | $3,810 |
2012 | $1,550 | $3,350 |
New Mexico irrigated cropland average acreage value data is available in the accompanying table and chart. All prices are per acre.
Key Findings:Irrigated acreage in New Mexico increased in value by 0.3% from $3,920/acre in 2015 to $3,930/acre in 2016.
The value of irrigated New Mexico cropland increased by 63.8% from $2,400/acre in 1997 to $3,930/acre in 2016.
Year | Irrigated | Non-Irrigated | Irrigated (All States) |
---|---|---|---|
2016 | $3,930 | $390 | $4,335 |
2015 | $3,920 | $390 | $4,398 |
2014 | $3,930 | $390 | $4,288 |
2013 | $3,910 | $400 | $3,956 |
2012 | $4,450 | $430 | $3,765 |
New Mexico pasture acreage value data is available in the accompanying table and chart. All prices are per acre.
Key Findings:Pasture acreage in New Mexico increased in value by 2.9% from $340/acre in 2015 to $350/acre in 2016.
The value of New Mexico pastureland increased by 133.3% from $150/acre in 1997 to $350/acre in 2016.
Year | New Mexico | United States |
---|---|---|
2016 | $350 | $1,330 |
2015 | $340 | $1,330 |
2014 | $360 | $1,300 |
2013 | $320 | $1,170 |
2012 | $330 | $1,110 |
Information on rental prices for New Mexico acreage, cropland (irrigated and non-irrigated), and pasture land is available here.
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