Cheap homes for sale & real estate in Capitan, NM

16 homes

Sort:

Recommended

NEW 1 HR AGO

ABOUT THIS HOME
Cheap Home for sale in Capitan, NM:
84x17 Solitaire singlewide on 9+ acres in a sweet hideaway in Capitan. Level land with some trees hides the home from the road and would be great for horses. The home is not far from Hwy 380 and minutes from downtown Capitan. Seller has removed all flooring so you have the option of picking out your own flooring in this spacious one level home. The split floorplan makes way for privacy when you have guests over or if your kids are on their iPad studying up late at night you still get a good nights rest. The home has a very nice size laundry room, pantry in the kitchen and large windows keeping the home bright and cheery. No need to worry about warm days in the summer because this home has c

$210,000

3 beds2 baths1,428 sq ft

220 Bancroft Rd, Capitan, NM 88316

9 acres • Not far from hwy 380 • Level land

ABOUT THIS HOME
Cheap Home for sale in Capitan, NM:
Great ranch style house with big views. Are you wanting country living but close to town? Featuring a 3 bed 2 bath home with approx. 5.5 acres, fenced. One level, split floor plan with an expansive living room that overlooks the beautiful Sierra Blanca mountain. Great outdoor space with a covered deck to enjoy the room to breathe. Animal ready. Call me to set up a tour. Owner will consider owner finance with 20% down.

$439,450

3 beds2 baths2,511 sq ft

109 Judea Ct, Capitan, NM 88316

Covered deck • Big views • Fenced

ABOUT THIS HOME
Cheap Home for sale in Capitan, NM:
Investment Opportunity in Capitan!Historic 1-bedroom, 1-bathroom adobe and frame home built in 1932. Offering 860 sq. ft. on a flat, usable 50 x 100 ft. lot, this property is a prime fixer-upper candidate for a full renovation, flip, or rental holding. Carport and shed in the back. RVs allowed!

$75,000

1 bed1 bath860 sq ft

311 S Nogal Ave, Capitan, NM 88316

Shed • Adobe and frame home • Carport

ABOUT THIS HOME
Cheap Home for sale in Capitan, NM:
Charming 1930 two-story home in the heart of Capitan! This 1,341 sq. ft. fixer-upper offers 4 bedrooms, 1 bath, and endless potential for restoration or investment. Original wood floors add character, while the kitchen and bathroom feature tile flooring. Outside, you'll find several outbuildings providing excellent storage or workshop space, including one formerly used as a pottery studio--perfect for artists, hobbyists, or a home business. A greenhouse offers additional possibilities for gardening enthusiasts. Conveniently located directly across from the Capitan Library, this property is full of historic charm and waiting for someone to bring it back to life. Don't miss this unique opport

$130,000

4 beds1 bath1,341 sq ft

103 E 2nd St, Capitan, NM 88316

Outbuildings • Pottery studio • Original wood floors

ABOUT THIS HOME
Cheap Home for sale in Capitan, NM:
Discover the potential of this single-level single wide manufactured home with 3 bedrooms and 2 baths located in the Village of Capitan. Situated on a spacious lot just under an acre extending from Main Road to Carole Drive, the property is served by Village of Capitan water and a private septic system. Enjoy soft views of Sierra Blanca from the residence while benefiting from ample parking for multiple vehicles. Originally built in 1979, the home offers comfortable, livable space with additional living areas already started and ready for completion, providing an excellent opportunity to customize and add value. While the residence could benefit from a few repairs and updates, it presentstr

$99,000

3 beds2 baths1,504 sq ft

203 Main Rd, Ruidoso, NM 88316

Ample parking • Spacious lot • 0.84 acre lot

Property at 130 Lookout Peak Rd, Capitan, NM 88316, 4 beds, 2 baths

$435,000

4 beds2 baths2,388 sq ft

130 Lookout Peak Rd, Capitan, NM 88316

Property at 111 La Cumbre, Capitan, NM 88316, 3 beds, 2 baths

$294,000

3 beds2 baths1,500 sq ft

111 La Cumbre, Capitan, NM 88316

Property at 252 Bancroft Rd, Capitan, NM 88316, 3 beds, 2 baths

$259,000

3 beds2 baths1,815 sq ft

252 Bancroft Rd, Capitan, NM 88316

Property at 104 Honeysuckle Lane Ln, Alto, NM 88312, 4 beds, 2 baths

$264,999

4 beds2 baths1,876 sq ft

104 Honeysuckle Lane Ln, Alto, NM 88312

Property at 2099 NM State Highway 48, Capitan, NM 88316, 1 bed, 1 bath

$250,000

1 bed1 bath700 sq ft

2099 NM State Highway 48, Capitan, NM 88316

Property at 0 Laughing Horse Trl, Capitan, NM 88316

$25,000

Land1.11 acres (lot)

0 Laughing Horse Trl, Capitan, NM 88316

Property at 11 Cumbres, Roswell, NM 88201

$16,000

Land1.29 acres (lot)

11 Cumbres, Roswell, NM 88201

Property at 170 West Grandview Rd, Capitan, NM 88316

$50,000

Land2.93 acres (lot)

170 West Grandview Rd, Capitan, NM 88316

Property at 109 Crest View Rd, Capitan, NM 88316

$72,500

Land1.35 acres (lot)

109 Crest View Rd, Capitan, NM 88316

Property at 665 Us Highway 380, Capitan, NM 88316

$75,000

Land6.70 acres (lot)

665 Us Highway 380, Capitan, NM 88316

Property at TRACT 3 Hwy 37, Angus, NM 88316

$299,000

Land29.44 acres (lot)

TRACT 3 Hwy 37, Angus, NM 88316

Viewing page 1 of 1

End of results

Nearby homes that match your criteria

NEW 32 HRS AGO

ABOUT THIS HOME
Cheap Home for sale in Capitan, NM:
Updated & Well-Maintained Mountain Home at Alto Lakes Golf & Country Club-This 3 Bed 2 Bath home features low-maintenance stucco exterior and a spacious composite deck perfect for relaxing or entertaining. Property comes furnished and offers vaulted ceilings, abundant natural light, finished basement that serves as a second living area, central A/C plus covered carport.

$435,000

3 beds2 baths1,712 sq ft

340 Fort Stanton Rd, Alto, NM 88312

Covered carport • Finished basement • Central a/c

NEW 33 HRS AGO

ABOUT THIS HOME
Cheap Home for sale in Capitan, NM:
Opportunity awaits! This home is priced to sell, creating an opportunity to build some sweat equity. Great location, close to schools, trails, pickle ball, dog park. 3 bdr. 2 1/2 bth. features an open living with f/p & vaulted ceiling. House wired for sound (speakers throughout home). Easy access to the covered deck, where you'll enjoy the views of Sierra Blanca. Large kitchen w/ wood cabinetry & granite counters. Primary bdr. has access to the deck & adj. bath has jetted tub, separate shower & walk-in closet. Guest rooms are private & share a full bath. Separate heating for each level w/ a/c on upper floor. The garage is perfect for projects & has plent

$387,500

3 beds2.5 baths2,258 sq ft

104 Don Snyder Dr, Ruidoso, NM 88345

Covered deck • Great location • Open living

ABOUT THIS HOME
Cheap Home for sale in Capitan, NM:
MOUNTAIN RETREAT: You'll enjoy the character and charm of this 3 Bd. 2-1/2 bath stucco cabin in Ruidoso, NM. Relax on the main level with 2 Bd. , 1-1/2 baths plus open kitchen/living area. Plus, you'll enjoy the guest privacy downstairs with a separate entrance, bedroom & bath plus flex room for additional sleeping space or game room potential. Scenic vistas of mountain ridges and stream below for awesome wildlife viewing a plus. Mostly furnished with a few exceptions. Elk . chandelier is included. Splitter added on both levels for heating/cooling. Composite decking for less maintenance a plus.

$350,000

3 beds2.5 baths1,631 sq ft

314 La Luz Ln, Ruidoso, NM 88345

Separate entrance • Wildlife viewing • Flex room

ABOUT THIS HOME
Cheap Home for sale in Capitan, NM:
Updated , Upgraded Fully Furn. # 13 Palisades Condo. . RARE Ruidoso 1 level, level entry ''No Steps'' unit ! Spacious 3 Br 2 1/4 Ba plan offers cake ceilings in 2 Bedrooms Spacious Master and 3rd bedroom has private entrance w/ full bath and utility room. .2 covered keypad entries plus Backdoor into kitchen. Large Newly fenced private furnished patio w store room, concrete pavers, grill, elec outlets & a Huge shady Pine! Also Newly fenced Astroturf area for Doggy. Pellet stove FP insert offers efficient ambiance. On demand tankless gas H20 heater. Heater/AC located in attic. Super convenient location near schools Links walking trail Car wash fire station & skate park . Within ea

$329,000

3 beds2 baths1,662 sq ft

704 White Mountain Dr #13, Ruidoso, NM 88345

Newly fenced patio • Private entrance • Pellet stove

ABOUT THIS HOME
Cheap Home for sale in Capitan, NM:
BEAUTIFUL level acreage located near Lincoln National Forest, this 2011 manufactured double wide is approx. 1100 sq. ft. with attached carport/storage area. Located on approx. 4.4 acres between Alto & Rainmakers subdivision. If you are looking for serenity, this may be it. Will require cash to purchase. Water source is rainwater collection system w/ filters. Manufactured home is being taxed separately thru MVD. Being sold 'As is''. This property would be great for those wanting their horses with them.

$197,000

3 beds2 baths1,000 sq ft

131 Kreuzer Dr, Alto, NM 88312

Attached carport • Level acreage • Great for horses

ABOUT THIS HOME
Cheap Home for sale in Capitan, NM:
This unique property offers two spacious condos in one! The main condo features 3 bedrooms, 2 bathrooms, a large family room, and a spacious deck--perfect for relaxing or entertaining. The lower condo has been beautifully remodeled and offers 2 bedrooms, 2 bathrooms, laminate wood flooring, and plenty of storage. It also has its own kitchen complete with a refrigerator and stove, providing added convenience and privacy. With two separate, well-appointed living spaces, this property would make an excellent investment or rental opportunity. Definitely worth seeing!

$349,000

5 beds4 baths2,500 sq ft

136 Mountain Sun Trl, Alto, NM 88312

Own kitchen • Spacious deck • $525 HOA

Property at 129 Wolf Springs Loop, Nogal, NM 88341, 3 beds, 2.5 baths

$289,500

3 beds2.5 baths1,455 sq ft

129 Wolf Springs Loop, Nogal, NM 88341

Property at 302 College Dr, Ruidoso, NM 88345, 4 beds, 2 baths

$350,000

4 beds2 baths1,651 sq ft

302 College Dr, Ruidoso, NM 88345

Property at 117 Skylane Rd, Ruidoso, NM 88345, 2 beds, 1 bath

$99,900

2 beds1 bath884 sq ft

117 Skylane Rd, Ruidoso, NM 88345

Property at 604 White Mountain Dr #406, Ruidoso, NM 88345, 2 beds, 2.5 baths

$265,000

2 beds2.5 baths1,152 sq ft

604 White Mountain Dr #406, Ruidoso, NM 88345

Property at 115 Metzger Rd, Alto, NM 88312, 3 beds, 1.5 baths

$349,000

3 beds1.5 baths1,100 sq ft

115 Metzger Rd, Alto, NM 88312

Property at 117 Tanglewood Dr, Alto, NM 88312

$58,000

Land0.26 acre (lot)

117 Tanglewood Dr, Alto, NM 88312

Property at 0 Toboggan Trl, Ruidoso, NM 88345

$18,000

Land0.50 acre (lot)

0 Toboggan Trl, Ruidoso, NM 88345

Property at Lot 6 Mira Monte Rd, Alto, NM 88312

$45,000

Land0.25 acre (lot)

Lot 6 Mira Monte Rd, Alto, NM 88312

Property at 129 Sequoia Dr, Ruidoso, NM 88345

$18,500

Land0.28 acre (lot)

129 Sequoia Dr, Ruidoso, NM 88345

Property at 117 Tonto Dr, Ruidoso, NM 88345

$30,000

Land0.29 acre (lot)

117 Tonto Dr, Ruidoso, NM 88345

Property at 151 Wolf Springs Loop, Nogal, NM 88341

$95,000

Land1.82 acres (lot)

151 Wolf Springs Loop, Nogal, NM 88341

Property at Lot 6 Spencer Rd, Alto, NM 88312

$35,000

Land5,227 sq ft (lot)

Lot 6 Spencer Rd, Alto, NM 88312

Property at Lot 10 Spencer Rd, Alto, NM 88312

$60,000

Land1.03 acres (lot)

Lot 10 Spencer Rd, Alto, NM 88312

Property at 1227&1229 Mechem Dr, Ruidoso, NM 88345

$249,000

Land5.23 acres (lot)

1227&1229 Mechem Dr, Ruidoso, NM 88345

Cheap Homes for Sale in Capitan

There are currently 16 cheap homes for sale in Capitan at a median listing price of $293K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in Capitan stay on the market for 156 days. This map is refreshed with the newest listings in Capitan every 15 minutes.

In the past month, 2 homes have been sold in Capitan. In addition to houses in Capitan, there were also 0 condos, 0 townhouses, and 1 multi-family unit for sale in Capitan last month. Find your dream home in Capitan 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 Capitan are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Capitan. Our Capitan real estate stats and trends will give you more information about home buying and selling trends in Capitan. If you're looking to sell your home in the Capitan area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in Capitan 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 Capitan, NM

Nearby Cities

Zip Codes

Nearby Cities with Cheap Homes

More to explore in Capitan, NM

Featured
Price

How to buy a house in Capitan, 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

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.