Homes for sale under $200k in Los Lunas, NM

13 homes

Sort:

Price (high to low)

ABOUT THIS HOME
Homes for sale under $200k in Los Lunas, NM
Completely fenced this manufactured home 2 be/1ba and 1.02 acres of space for your great outdoors desires is waiting for you, come see it.

$200,000

2 beds1 bath980 sq ft

68 High Mesa Rd, Los Lunas, NM 87031

Fenced • 1.02 acres • 1.02 acre lot

ABOUT THIS HOME
Homes for sale under $200k in Los Lunas, NM
Back on the market with a new roof and septic! This fully renovated 2-bed, 1-bath gem sits on a spacious . 46-acre lot in El Dorado Estates. Inside, enjoy a brand-new kitchen with granite countertops, stainless steel appliances, and updated cabinetry. Luxury vinyl tile flows throughout, complemented by new mini-split heating and cooling. Outside, relax under a large covered patio surrounded by mature landscaping. The property also includes a workshop and two storage units. Plenty of room to enjoy the beautiful NM weather. Schedule your showing today!

$190,000

2 beds1 bath896 sq ft

4916 Moore Cir, Los Lunas, NM 87031

Fully renovated • Granite countertops • Mature landscaping

ABOUT THIS HOME
Homes for sale under $200k in Los Lunas, NM
407 Miller Road offers a spacious 3 bedroom, 2 bathroom manufactured home set on a full acre of land. This fixer-upper is priced well below market value, giving you room to create the home or investment property you've been envisioning. Located in Los Lunas, you'll enjoy the peaceful setting while being just a short drive to Albuquerque, where shopping, dining, and city conveniences are easily accessible. Property will be delivered vacant and cleaned at closing. Motivated seller--bring your offers today!

$189,000

3 beds2 baths1,152 sq ft

407 Miller Rd, Los Lunas, NM 87031

Full acre of land • Fixer-upper • 1 acre lot

3D WALKTHROUGH

ABOUT THIS HOME
Homes for sale under $200k in Los Lunas, NM
This spacious 3-bedroom, 2-bath double-wide manufactured home has an oversized living room with a two-way fireplace, perfect for relaxation and entertaining. The kitchen features ample space, a large island, and plenty of storage. The master suite has dual sinks, a jetted tub, and a separate shower. A separate service room for laundry adds convenience. Outside, the backyard provides direct access to the Bosque and Rio Grande, ideal for scenic walks. A perfect blend of comfort, space, and natural beauty!

$175,000

3 beds2 baths1,782 sq ft

1118 Las Rosas Dr, Los Lunas, NM 87031

Large island • Two-way fireplace • Jetted tub

ABOUT THIS HOME
Homes for sale under $200k in Los Lunas, NM
Come take a look at this great opportunity in Los Lunas! The home needs work but has potential! The home features spacious rooms, large kitchen with eat in area, detached buildings for your hobbies! Come take a look if you are looking for a fixer upper! Property is being sold as is. Home has signs of water/roof leaks there is some discoloration on ceiling and walls. Unknown if leaks are still active. Zoning to be verified by buyer if of importance. Per assessor home is an entombed single wide mobile home with additions. Assessor has home classified as single family residence.

$150,800

2 beds1 bath1,684 sq ft

22 Miguel Rd, Los Lunas, NM 87031

Detached buildings • Large kitchen • 0.54 acre lot

Property at 310 El Cerro Loop, Los Lunas, NM 87031, 3 beds, 2 baths

$150,000

3 beds2 baths935 sq ft

310 El Cerro Loop, Los Lunas, NM 87031

Property at 8 Avenida Valencia Ct, Los Lunas, NM 87031, 3 beds, 2 baths

$149,000

3 beds2 baths1,536 sq ft

8 Avenida Valencia Ct, Los Lunas, NM 87031

Property at 39 Cereza Cir, Los Lunas, NM 87031, 2 beds, 2 baths

$149,000

2 beds2 baths1,050 sq ft

39 Cereza Cir, Los Lunas, NM 87031

Property at 485 Diana Dr, Los Lunas, NM 87031, 2 beds, 1.5 baths

$146,000

2 beds1.5 baths896 sq ft

485 Diana Dr, Los Lunas, NM 87031

Property at 4 Mesita Ln, Los Lunas, NM 87031, 4 beds, 2 baths

$134,900

4 beds2 baths2,128 sq ft

4 Mesita Ln, Los Lunas, NM 87031

Property at 2822 Highway 47, Los Lunas, NM 87031, 2 beds, 1 bath

$130,000

2 beds1 bath1,263 sq ft

2822 Highway 47, Los Lunas, NM 87031

Property at 50 Brazaro Ave, Los Lunas, NM 87031, 3 beds, 2 baths

$110,000

3 beds2 baths1,076 sq ft

50 Brazaro Ave, Los Lunas, NM 87031

Property at 259 Lopez Rd SE, Los Lunas, NM 87031, 3 beds, 2 baths

$99,000

3 beds2 baths1,350 sq ft

259 Lopez Rd SE, Los Lunas, NM 87031

Viewing page 1 of 1

End of results

Nearby homes that match your criteria

NEW CONSTRUCTION

ABOUT THIS HOME
Homes for sale under $200k in Los Lunas, NM
Welcome to your brand-new dream home! This stunning 2025 manufactured home offers modern comfort, sleek design, and spacious living--all nestled on a generous 1/4-acre lot. Featuring 3 bedrooms and 2 full bathrooms, this home is perfect for families, first-time buyers, or anyone looking to enjoy the benefits of contemporary living in a peaceful setting. Step inside to an open-concept floor plan with luxury vinyl flooring, and abundant natural light throughout. The kitchen is a chef's delight, complete with stainless steel appliances and ample of space for entertaining. The primary suite boasts a walk-in closet and a spa-inspired ensuite with a double vanity and oversized shower. Two additio

$200,000

3 beds2 baths1,140 sq ft

1 Courte El Nido, Rio Communities, NM 87002

0.25 acre lot • Car-dependent

3D WALKTHROUGH

ABOUT THIS HOME
Homes for sale under $200k in Los Lunas, NM
Secluded. peaceful slice of heaven at an affordable price! Special location in the beautiful Sandia Mountains! Charming home on a spacious . 75-acre lot. Updated kitchen, 2 beds, 2 baths and a cozy wood-burner stove. The property includes an extra-large 2 story RV garage, with electricity, with an apartment upstairs that is ready for drywall. Whether you are a mechanic in need of a shop, a woodworker seeking space, or looking for a weekend getaway or Airbnb opportunity. Check it out. This property offers endless possibilities. Rent the apartment and live in the home. Or enjoy a convenient work/live setup. CASH or REC w/ 20% down, 6% interest, Beautiful property. . Take a look and you will f

$199,500

2 beds2 baths1,475 sq ft

36 Mockingbird Dr, Tijeras, NM 87059

0.75 acre lot • 4 garage spots • Car-dependent

ABOUT THIS HOME
Homes for sale under $200k in Los Lunas, NM
Packaged Listing to be sold with MLS 1088095 (Where private well is located). Experience the lush Sherwood Forest Subdivision in Torreon, NM! This carefully crafted 2-Bedroom 1-Bath home sits on nearly half an acre surrounded by tranquil forest. This property is ideal as a mountain getaway / retreat or as a primary residence! Enjoy the warmth of the kiva fireplace downstairs, a large primary bedroom and landing / loft upstairs. This home is spacious with a living area and den. Enjoy the detached carport coupled with two attached spaces for additional storage. An open deck overlooks the spacious backyard with a large pond. This home has mountains of potential, come and make it yours today!

$195,000

2 beds1 bath2,040 sq ft

13 Nottingham Dr, Torreon, NM 87061

0.46 acre lot • Car-dependent

ABOUT THIS HOME
Homes for sale under $200k in Los Lunas, NM
Gorgeous country setting within minutes of amenities. 2008 manufactured 3 bedroom 2 full bath home on 3/4 ac lot with mature trees. Adjacent to open farm land. Enjoy the cranes, pheasant and other wildlife while you're only minutes from the river or shopping, schools, and restaurants. Home offers newer appliances, refrigerated air heating combo, newer water heater. New 11/12/2025 septic system. Chicken coop and Rabbit hutch area. Animal friendly property. 8 foot chain link fenced property

$185,000

3 beds2 baths1,100 sq ft

32 Forgotten Promise Ln, Peralta, NM 87042

0.75 acre lot • Car-dependent

ABOUT THIS HOME
Homes for sale under $200k in Los Lunas, NM
This charming 1,558 square foot townhouse offers 2 bedrooms and 2 baths in a desirable location near Tierra Del Sol Golf Course. Featuring a newer TPO roof, the home includes a spacious enclosed patio and a welcoming front courtyard for outdoor enjoyment. Inside, the large primary bedroom boasts a walk-in closet, providing ample storage and comfort. With its inviting layout and convenient setting, this townhouse is a wonderful opportunity for low-maintenance living close to recreation and amenities.

$185,000

2 beds2 baths1,558 sq ft

1705 Toluca Ct, Rio Communities, NM 87002

3,920 sq ft lot • 2 garage spots • Car-dependent

ABOUT THIS HOME
Homes for sale under $200k in Los Lunas, NM
Unlock the Potential of this Spacious Belen Home!Two-story 4-bedroom, 2-bath home offers nearly 2,000 square feet of living space on a large . 40-acre lot--Newer Metal, Roof Great for buyers or investors ready to restore and personalize. Some updates have been started, including several new windows, giving you a head start on improvements. Bring your vision and creativity--whether you're looking for a long-term residence, rental, or renovation project.

$180,000

4 beds2 baths1,914 sq ft

419 S 10th St, Belen, NM 87002

0.4 acre lot • Somewhat walkable

Property at 300 Wisconsin St, Belen, NM 87002, 3 beds, 1 bath

$163,400

3 beds1 bath1,386 sq ft

300 Wisconsin St, Belen, NM 87002

Property at 302 S Second St, Belen, NM 87002, 4 beds, 1 bath

$160,000

4 beds1 bath1,501 sq ft

302 S Second St, Belen, NM 87002

Property at 3 Haddox Rd, Belen, NM 87002, 3 beds, 2 baths

$149,900

3 beds2 baths934 sq ft

3 Haddox Rd, Belen, NM 87002

Property at 1030 Melanie Ln, Belen, NM 87002, 2 beds, 1 bath

$145,000

2 beds1 bath943 sq ft

1030 Melanie Ln, Belen, NM 87002

Property at 8347 State Highway 55, Torreon, NM 87061, 1 bed, 1 bath

$143,400

1 bed1 bath734 sq ft

8347 State Highway 55, Torreon, NM 87061

Property at 922 W Gilbert Ave, Belen, NM 87002, 3 beds, 2 baths

$135,000

3 beds2 baths1,490 sq ft

922 W Gilbert Ave, Belen, NM 87002

Property at 18 B B Gurule Rd, Peralta, NM 87042, 2 beds, 1 bath

$130,000

2 beds1 bath1,000 sq ft

18 B B Gurule Rd, Peralta, NM 87042

Property at 1205 W Delgado Ave, Belen, NM 87002, 3 beds, 1 bath

$125,000

3 beds1 bath900 sq ft

1205 W Delgado Ave, Belen, NM 87002

Property at 1294 Highway 116, Belen, NM 87002, 2 beds, 2 baths

$119,000

2 beds2 baths1,881 sq ft

1294 Highway 116, Belen, NM 87002

Homes for sale under $200k in Los Lunas

There are currently 13 homes for sale under $200k in Los Lunas. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in Los Lunas stay on the market for 93 days. Popular neighborhoods include Wildflower, and Jubilee. This map is refreshed with the newest listings in Los Lunas every 15 minutes.

In the past month, 17 homes have been sold in Los Lunas. In addition to houses in Los Lunas, there were also 0 condos, 6 townhouses, and 1 multi-family unit for sale in Los Lunas last month. Find your dream home in Los Lunas using the tools above. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Our top-rated real estate agents in Los Lunas are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Los Lunas. Our Los Lunas real estate stats and trends will give you more information about home buying and selling trends in Los Lunas. If you're looking to sell your home in the Los Lunas area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in Los Lunas with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

More real estate resources for Los Lunas, NM

Neighborhoods

Nearby Cities

Zip Codes

87031 homes for sale

More to explore in Los Lunas, NM

Featured
Price

How to buy a house in Los Lunas, NM

How much house can I afford?

How to buy a house in 10 steps

First-time homebuyer's guide

See more home buying guides

Popular Markets in New Mexico

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Why Redfin?

Community Impact

Diversity & Inclusion

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.