Farmland and its buildings in San Miguel County averaged $836 an acre in the 2022 Census of Agriculture: the 18th cheapest of the 33 counties in New Mexico, level with the New Mexico average in the same census ($838).
In the 2017 census it was $449 an acre, so the average has risen 86% in five years.
| Farmland and buildings, an acre, 2022 | $836 |
|---|---|
| The same, 2017 | $449 +86% |
| Farms counted, 2022 | 776 (1,170 in 2017) |
| Average farm | 2,142 acres |
| Share of the county that is farmland | 55% |
| Median value of an owner-occupied home | $188,500 ± $18,200 |
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 San Miguel County, cheapest farmland first.
| county | Farmland an acre | Median home |
|---|---|---|
| Guadalupe County | $379 | $110,000 |
| Harding County | $447 | $70,000 |
| Quay County | $783 | $87,200 |
| Torrance County | $784 | $159,700 |
| Santa Fe County | $1,245 | $446,300 |
| Mora County | $1,359 | $122,600 |
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.