Farmland and its buildings in Colfax County averaged $977 an acre in the 2022 Census of Agriculture: the 23rd cheapest of the 33 counties in New Mexico, 17% above the New Mexico average in the same census ($838).
In the 2017 census it was $505 an acre, so the average has risen 93% in five years.
| Farmland and buildings, an acre, 2022 | $977 |
|---|---|
| The same, 2017 | $505 +93% |
| Farms counted, 2022 | 269 (304 in 2017) |
| Average farm | 7,565 acres |
| Share of the county that is farmland | 84.6% |
| Median value of an owner-occupied home | $167,200 ± $14,800 |
The farm figure is land and buildings together, averaged over every farm in the county, from the largest ranch to the smallest holding. It is for comparing one county with another, not a price for any parcel: a few acres with road frontage usually costs more an acre than the average, not less.
Source: USDA, 2022 Census of Agriculture, New Mexico county data, Table 8; Census Bureau, ACS 2020–2024, table B25077
Next door
The counties that share a border with Colfax County, cheapest farmland first.
| county | Farmland an acre | Median home |
|---|---|---|
| Harding County | $447 | $70,000 |
| Union County | $852 | $122,700 |
| Mora County | $1,359 | $122,600 |
| Taos County | $2,095 | $382,800 |
Buying land here: the New Mexico rules
The state, not the county, auctions tax-delinquent land, and a well's water is not yours until the State Engineer is told.
Each links to the New Mexico guide, where every fact cites the statute or agency page it came from.