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    Hernandez, NM
    Residential

    Hernandez, NM Residential Land & Home Lots for Sale

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    Espanola, NM Ojo Caliente, NM Abiquiu, NM Medanales, NM La Mesilla, NM Santa Cruz, NM Los Alamos, NM Alcalde, NM
    Land with Adobe Structure
    Updated: Feb 15
    Land with Adobe Structure

    19378 US 84, Hernandez, NM 87537

    $124,900
    0.62 AC lot
    Flexible financing with owner willing to sell on a Real Estate Contract.
    Spacious 0.62‑acre lot in Northern New Mexico.
    Cleared lot ready for development, including mobile home placement.
    Unique double adobe structure with potential for storage, workshop, or project space.
    Opportunity to invest in land and possibilities.
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    Adobe Home on Spacious Lot
    Updated: Feb 16
    Adobe Home on Spacious Lot

    19378 US 84, Hernandez, NM 87537

    $124,900
    0.62 AC lot
    Flexible financing available through Real Estate Contract.
    Spacious 0.62‑acre lot in Northern New Mexico.
    Cleared lot ready for development or placement of a mobile home.
    Unique double adobe structure included on the property.
    Existing structure can be used for storage, workshop, or project space.
    View details
    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Hernandez, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Land
    Land

    1710 Star Lane, Espanola, NM 87532

    $35,000
    3,908 sqft

    Residential land & home lots · 3,908 SF

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    Land, Espanola, NM
    Land, Espanola, NM

    1710 Star Lane, Espanola, NM 87532

    $35,000
    0.09 AC lot

    Land · 0.09 Acres

    View details
    Land Investment Opportunity in Ojo
    Land Investment Opportunity in Ojo

    Vacant Land, Ojo Caliente, NM 98749

    $472,500
    184.94 AC lot

    Large land parcel suitable for residential development or subdivision.

    View details
    Land Investment Opportunity, Ojo Caliente
    Land Investment Opportunity, Ojo Caliente

    Vacant Land, Ojo Caliente, NM 87549

    $270,000
    63.96 AC lot

    Large land parcel suitable for residential development or subdivision.

    View details

    Hernandez, NM Residential Land & Home Lots Market Trends and Statistics

    Explore 2 residential land & home lots for sale in Hernandez, NM on our real estate platform. These investment opportunities span a total of 54,014 square feet of properties for sale, with an estimated market value of $249,800.

    Sale prices for home sites in Hernandez, NM average $124,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Residential land & home lots 2
    Agricultural land / Farmland 1

    Demographics Overview

    Population 2,030
    Population Growth (5Y) -19.1%
    Median Household Income $40,795
    College Educated 9.8%

    High-Yield Neighborhoods for Investment

    Identify Hernandez submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    87537 $124.9K

    Taxes & Financing

    Tax Rate (average for all types) 2.96%
    Property Tax per SF $23.78 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Rio Arriba County

    New Delisted

    Total CRE Inventory on Market (SF)

    How Realmo verifies these figures

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    Most Searched ZIP Codes in Hernandez, NM

    • 87537
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