Homes for sale under $400k in Magdalena, NM

12 homes

Sort:

Price (high to low)

ABOUT THIS HOME
Homes for sale under $400k in Magdalena, NM
Escape to tranquility in this stunning 1,454 SF custom-built 2-story cabin nestled in Hop Canyon, just minutes from the charming village of Magdalena. Surrounded by 4.83 acres of pristine land with majestic mountain views, this turnkey retreat features tile and wood flooring, a durable metal roof, and a spacious top deck perfect for stargazing under New Mexico's famously dark skies. Mature pinon, alligator juniper, and cedar trees frame the property, attracting abundant wildlife and offering unmatched privacy. Whether you're seeking a peaceful getaway or a full-time residence, this cabin delivers rustic charm and modern comfort. Call the listing broker today to schedule your private tour!

$395,000

2 beds1 bath1,454 sq ft

9 Cochise Dr, Alamo, NM 87825

Mature pinon trees • Top deck • Custom-built cabin

ABOUT THIS HOME
Homes for sale under $400k in Magdalena, NM
Solitaire Springs is a true off-grid property located just north of Magdalena and is completely surrounded by the Cibola National Forest. The property is approximately 160 acres in size and is protected by a permanent conservation easement. A high quality, custom built 2,400+ square footrammed earth home with 24-inch thick walls is located on the property. The home is powered by a small solar array and water is provided by a solar-powered well with a storage tank. There is no septic located on the property. The house consists of two mostly unfinished rooms with a great fireplace andthe capacity for kitchen/sink hook-ups. The garage has room for two vehicles and much more! What a great oppor

$349,000

0 beds— baths1,200 sq ft

0 Forest Road 354, Magdalena, NM 87825

Solar array • Solar-powered well • Off-grid property

ABOUT THIS HOME
Homes for sale under $400k in Magdalena, NM
HEART OF MAGDALENA! Amazing southwest style ADOBE home w/ detached WORK SHOP, 220V electric and breathtaking MOUNTAIN VIEWS. Come take a look at this wonderfully maintained, MOVE-IN READY home that boasts: a cozy country kitchen with custom wood cabinetry and island, NICHOS, decorative tin and wood BEAM ceilings, diamond, hand plastered walls, solid wood doors, METAL ROOF, PELLET STOVE, updated plumbing and electrical, low maintenance yard w/ flagstone and pavers, a separate office, study or hobby area - YOU DECIDE. Come enjoy food and drink under the sprawling covered patio w/ the majestic Magdalena Mountains as a back drop and enjoy all that this serene and tranquil, RURAL LIFESTYLE h

$325,000

3 beds2 baths1,688 sq ft

500 Second St, Alamo, NM 87825

Country kitchen • Hand plastered walls • Solid wood doors

3D WALKTHROUGH

ABOUT THIS HOME
Homes for sale under $400k in Magdalena, NM
Wonderful property for artist residence or someone who loves a home that is in harmony with nature. Property also includes a casita perfect for guests or for producing extra income and a partially finished workshop with electrical. Experience the New Mexico outdoors in a backyard that is great for entertaining with three fire circles and an outdoor fireplace. Furniture conveys with home.

$268,900

2 beds1 bath1,178 sq ft

704 Elm St, Magdalena, NM 87825

Casita • Outdoor fireplace • Three fire circles

ABOUT THIS HOME
Homes for sale under $400k in Magdalena, NM
Cabin situated on 2+ acres in Hop Canyon near the foothills of Magdalena. Pet & horse friendly property consist of 946 SF, 2 bedroom, 1 bath. Laminate, carpet and linoleum throughout home. Metal roof. New well equipment installed and excellent well water. RV hook up. Carport. Property is fully fenced & crossed fenced. Beautiful mountainous views surrounds the property. Enjoy sitting on the porch looking at the dark starry skies and the breathing taking New Mexico sunrises & sunsets. Near the Cibola National Forest. Excellent bird watching and wild game on property. Near hiking trails. Pristine hunting in unit 17. Come and make this your forever home yours today.

$210,000

2 beds1 bath946 sq ft

175 Hop Canyon Rd, Magdalena, NM 87825

New metal roof • Fully fenced • Carport

Property at 400 1st St, Magdalena, NM 87825, 3 beds, 1 bath

$200,000

3 beds1 bath2,163 sq ft

400 1st St, Magdalena, NM 87825

Property at 1008 1st St, Magdalena, NM 87825, 1 bed, 1.5 baths

$175,000

1 bed1.5 baths1,280 sq ft

1008 1st St, Magdalena, NM 87825

Property at 903-907 Main St, Magdalena, NM 87825, 1 bed, 1 bath

$169,000

1 bed1 bath592 sq ft

903-907 Main St, Magdalena, NM 87825

Property at 708 Spruce St, Magdalena, NM 87825, 2 beds, 1 bath

$165,000

2 beds1 bath1,321 sq ft

708 Spruce St, Magdalena, NM 87825

Property at 605 Elm St, Magdalena, NM 87825, 2 beds, 1 bath

$135,000

2 beds1 bath1,052 sq ft

605 Elm St, Magdalena, NM 87825

Property at 100 N Pine St, Magdalena, NM 87825, 1 bed, 1 bath

$99,000

1 bed1 bath1,215 sq ft

100 N Pine St, Magdalena, NM 87825

Property at 503 S Pine St, Magdalena, NM 87825, 3 beds, 1 bath

$50,000

3 beds1 bath1,475 sq ft

503 S Pine St, Magdalena, NM 87825

Viewing page 1 of 1

End of results

Nearby homes that match your criteria

ABOUT THIS HOME
Homes for sale under $400k in Magdalena, NM
Single story home in Belen located on 3.6 Acres. Home features - Large great room with open and bright kitchen, large laundry with sink. Spacious Primary bedroom and additional bedrooms. 2 car garage and large storage workshop plus additional storage shed and carport.

$400,000

3 beds2 baths1,993 sq ft

246 Armijo Rd, Belen, NM 87002

Large laundry • Carport • Storage shed

NEW CONSTRUCTION

ABOUT THIS HOME
Homes for sale under $400k in Magdalena, NM
This home offers plenty of space for your family to grow, featuring open areas, thoughtful design, and comfortable living spaces. With wide hallways, spacious bedrooms, and an expansive great room, kitchen, and dining area, this home is well-suited to a variety of lifestyles. Highlights of this home Spacious great room is flanked by a modern kitchen with large island breakfast bar Primary bedroom with luxurious bath is secluded in a private retreat Secondary bedrooms are grouped together with convenient full bath access Laundry room is centrally located to save time and steps Choose an optional 3-panel stacking door or fireplace to create ambiance in the great room or treat yourself

$399,220

4 beds2 baths1,907 sq ft

3781 Santa Fe Trl SW, Los Lunas, NM 87031

Thoughtful design • Wide hallways • Expansive great room

Listing provided by Zillow

$399,000

3 beds2 baths2,160 sq ft

3600 Roldan Dr, Belen, NM 87002

16.35 acre lot • 2 garage spots • Built 2000

ABOUT THIS HOME
Homes for sale under $400k in Magdalena, NM
Sprawling 8.7-acre property with declared commercial water rights, perfect for versatile use. The inviting home features wood accents, a kiva fireplace, and Saltillo tile floors. A private back courtyard is perfect for entertaining or relaxing, while an electric entry gate provides easy access and added security to the fully fenced acreage--ideal for livestock, storage, or expansion. Complete with a barn and stalls for your four-legged friends, this property offers a rare blend of comfort, charm, and functionality. Come take a look today.

$399,000

3 beds2 baths1,901 sq ft

1408 Highway 116, Belen, NM 87002

8.7-acre property • Barn and stalls • Electric entry gate

$399,000

3 beds2 baths1,644 sq ft

1441 E Riverside Dr, Truth Or Consequences, NM 87901

2 garage spots • Built 1991 • Listed 19 days

ABOUT THIS HOME
Homes for sale under $400k in Magdalena, NM
2 story home, concrete base, (structurally insulated panels), encased in a Mueller steel building shell on 41 acres. 3 bedrooms, 2 downstairs, 1 upstairs, 2 full baths. 2 covered porches. Park side charcoal BBQ unit. 2181 sqft living area, 1200 garage/workshop area w/ raised mezzanine storage. 14x14 rollup door, large 22v compressor. 10x22 wood/storage shed attached on the east side of the building. Heating and cooling with a 2.5 ton HVAC unit on the deck and 8 ceiling fans. Heating and cooking are accomplished by burning propane (1000 gallon owned storage tank). There is also a Norstar EPA3 rated fireplace in the living room with an electric blower. 3000 gallon water tank on a 250 gpm/da

$399,000

3 beds2 baths2,181 sq ft

32 Dan Gatlin Ln, Pie Town, NM 87827

41 acre lot • 2 garage spots • Built 2008

Property at 4171 Red River Rd SW, Los Lunas, NM 87031, 3 beds, 2 baths

$395,000

3 beds2 baths1,949 sq ft

4171 Red River Rd SW, Los Lunas, NM 87031

Property at 94 S Lost Rd, Elephant Butte, NM 87935, 3 beds, 3 baths

$394,500

3 beds3 baths2,400 sq ft

94 S Lost Rd, Elephant Butte, NM 87935

Property at 20 RT Dr, Buckhorn, NM 88025, 3 beds, 2 baths

$390,000

3 beds2 baths1,536 sq ft

20 RT Dr, Buckhorn, NM 88025

Property at Payson Plan, Los Lunas, NM 87031, 4 beds, 2 baths

$385,900

4 beds2 baths1,809 sq ft

Payson Plan, Los Lunas, NM 87031

Listing provided by Zillow

Property at The Selena Plan, Saint Los Lunas, NM 87031, 3 beds, 2 baths

$384,990

3 beds2 baths1,730 sq ft

The Selena Plan, Saint Los Lunas, NM 87031

Listing provided by Zillow

Property at The Tabitha II Plan, Saint Los Lunas, NM 87031, 3 beds, 2 baths

$379,990

3 beds2 baths1,721 sq ft

The Tabitha II Plan, Saint Los Lunas, NM 87031

Listing provided by Zillow

Property at 202 San Mateo Ave, Elephant Butte, NM 87935, 5 beds, 5 baths

$379,900

5 beds5 baths3,816 sq ft

202 San Mateo Ave, Elephant Butte, NM 87935

Property at 280 Black Hat Ave SW, Los Lunas, NM 87031, 5 beds, 3 baths

$379,000

5 beds3 baths2,830 sq ft

280 Black Hat Ave SW, Los Lunas, NM 87031

Property at 991 Nm-35, Silver City, NM 88061, 3 beds, 2 baths

$375,000

3 beds2 baths1,484 sq ft

991 Nm-35, Silver City, NM 88061

Property at 47 Pinewood Cir, Pie Town, NM 87827, 3 beds, 2 baths

$375,000

3 beds2 baths2,460 sq ft

47 Pinewood Cir, Pie Town, NM 87827

Property at 4 Midway Rd, Caballo, NM 87931, 3 beds, 2 baths

$375,000

3 beds2 baths1,860 sq ft

4 Midway Rd, Caballo, NM 87931

Property at 300 San Andres Dr, Elephant Butte, NM 87901, 3 beds, 3 baths

$375,000

3 beds3 baths2,848 sq ft

300 San Andres Dr, Elephant Butte, NM 87901

Property at Sandia Plan, Los Lunas, NM 87031, 4 beds, 2 baths

$373,490

4 beds2 baths1,907 sq ft

Sandia Plan, Los Lunas, NM 87031

Listing provided by Zillow

Property at 2503 Calle Del Los Claveles, Belen, NM 87002, 5 beds, 2 baths

$372,900

5 beds2 baths2,096 sq ft

2503 Calle Del Los Claveles, Belen, NM 87002

Homes for sale under $400k in Magdalena

There are currently 12 homes for sale under $400k in Magdalena. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in Magdalena stay on the market for 157 days. This map is refreshed with the newest listings in Magdalena every 15 minutes.

In the past month, 1 home has been sold in Magdalena. Find your dream home in Magdalena 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 Magdalena are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Magdalena. Our Magdalena real estate stats and trends will give you more information about home buying and selling trends in Magdalena. If you're looking to sell your home in the Magdalena area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in Magdalena 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 Magdalena, NM

Zip Codes

87825 homes for sale

Nearby Cities

More to explore in Magdalena, NM

Featured
Price

How to buy a house in Magdalena, 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.