Buildocrat US Land Value Book

Land and home values in Eddy County, New Mexico

Eddy County (small town, Carlsbad-Artesia, NM) covers 4,176 square miles and 13 census tracts. Residential land is about $3.28 per sq ft at the county median, from $2.07 in its most rural tracts to $5.55 in its most valuable. The typical home is worth about $226,000 and a 2-bedroom rents for about $1,160 a month, as of October 12, 2026.

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County values

Land: residential$3.28per sq ft
Land: residential$143,051per acre
Land: quarter-acre lot$35,76310,890 sq ft
Land: farmland$1,010per acre
Home: typical (median)$226,000value
Home: entry-level$132,000lower quartile
Home: upper-end$363,000upper quartile
Build new$177per sq ft, no land
Rent: 1-bedroom$1,060per month
Rent: 2-bedroom$1,160per month
Rent: 3-bedroom$1,590per month
Rent: 4-bedroom$1,590per month
Gross yield, 2-bed6.2%a year

Price tiers

TierTractsLand $/sq ftTypical homeRent 2-bed
Small town8$3.77$226,000$1,180
Rural2$3.25$187,000$1,160
Farmland3$3.16$248,000$1,260

Tiers rank neighborhoods by home value within each metro area; outside metro areas they follow how built-up the land is. They describe prices only.

Cities and towns

Highest-value places

PlaceTypeLand $/sq ftTypical home
La HuertaCommunity$5.34$387,000
Livingston WheelerCommunity$3.74$171,000
AtokaCommunity$3.18$130,000
Whites CityCommunity$3.16$260,000
LovingTown$3.08$192,000
ArtesiaTown$3.08$257,000
Happy ValleyCommunity$3.06$224,000
HopeTown$2.94$127,000

Questions people ask

How much is land worth in Eddy County, NM?

Residential land in Eddy County, NM is about $3.28 per square foot, or $143,051 an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $35,763. Smaller lots sell for more per square foot and large tracts for less.

What is the typical home value in Eddy County, NM?

The typical (median) home in Eddy County, NM is worth about $226,000, with entry-level homes around $132,000 and upper-end homes around $363,000, as of October 2026.

How much is rent in Eddy County, NM?

A 2-bedroom rents for about $1,160 a month in Eddy County, NM, a 1-bedroom about $1,060 and a 3-bedroom about $1,590 (gross rent including utilities, HUD Fair Market Rent basis).

How much is farmland per acre in Eddy County, NM?

Farmland averages about $1,010 an acre in Eddy County, NM (USDA, including buildings), well below residential land.

Is this an appraisal?

No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.

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