Buildocrat US Land Value Book

Land and home values in Quay County, New Mexico

Quay County (rural) covers 2,874 square miles and 3 census tracts. Residential land is about $0.98 per sq ft at the county median, from $0.56 in its most rural tracts to $1.47 in its most valuable. The typical home is worth about $116,000 and a 2-bedroom rents for about $1,440 a month, as of October 12, 2026.

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County values

Land: residential$0.98per sq ft
Land: residential$42,515per acre
Land: quarter-acre lot$10,62910,890 sq ft
Land: farmland$875per acre
Home: typical (median)$116,000value
Home: entry-level$48,600lower quartile
Home: upper-end$193,000upper quartile
Build new$177per sq ft, no land
Rent: 1-bedroom$1,100per month
Rent: 2-bedroom$1,440per month
Rent: 3-bedroom$1,830per month
Rent: 4-bedroom$2,340per month
Gross yield, 2-bed14.9%a year

Price tiers

TierTractsLand $/sq ftTypical homeRent 2-bed
Small town1$0.98$116,000$1,440
Rural1$0.56$66,900$960
Farmland1$1.47$174,000$1,520

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.

Highest-value places

PlaceTypeLand $/sq ftTypical home
HouseTown$2.09$237,000
LoganTown$1.47$130,000
San JonTown$1.47$174,000
Nara VisaCommunity$1.28$168,000
TucumcariTown$0.80$69,900

Questions people ask

How much is land worth in Quay County, NM?

Residential land in Quay County, NM is about $0.98 per square foot, or $42,515 an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $10,629. Smaller lots sell for more per square foot and large tracts for less.

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

The typical (median) home in Quay County, NM is worth about $116,000, with entry-level homes around $48,600 and upper-end homes around $193,000, as of October 2026.

How much is rent in Quay County, NM?

A 2-bedroom rents for about $1,440 a month in Quay County, NM, a 1-bedroom about $1,100 and a 3-bedroom about $1,830 (gross rent including utilities, HUD Fair Market Rent basis).

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

Farmland averages about $875 an acre in Quay 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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