Cheap homes for sale & real estate in Otero County, NM

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ABOUT THIS HOME
Cheap Home for sale in Otero County, NM:
Fantastic investment opportunity! This multi-family property features two separate homes on one lot. The front house offers 2 bedrooms and 1 bathroom, while the back house includes 1 bedroom and 1 bathroom, perfect for rental income, extended family, or guests. Both units are finished with low-maintenance laminate and tile flooring throughout. With versatile living options and strong income potential, this property is a must-see for investors or those seeking a multi-generational living setup!

$150,000

3 beds2 baths1,266 sq ft

1305 Eighth St, Alamogordo, NM 88310

Two separate homes • Tile flooring • Rental income

3D WALKTHROUGH

ABOUT THIS HOME
Cheap Home for sale in Otero County, NM:
Welcome to your personal oasis! This spacious 4-bedroom, 3-bathroom home offers over 2,500 square feet of living space and sits on a beautiful 3.8-acre lot with stunning views in every direction. Featuring not one, but two primary bedrooms, this home is designed for ultimate comfort and versatility, whether you're looking for a spacious retreat or multi-generational living. Both primary suites are generously sized, each with their own en-suite bathroom. The other two bedrooms offer ample space for family or guests, and the open living areas are perfect for gatherings or quiet evenings at home. The property also features a newer roof, landscaping, and a private well. Outside, you'll find a 3

$389,000

4 beds3 baths2,533 sq ft

91 NW Bookout Rd, Tularosa, NM 88352

Newer roof • Private well • Insulated metal shop

ABOUT THIS HOME
Cheap Home for sale in Otero County, NM:
What a great income investment opportunity or a family property! Two homes on 2.366 acres, with a third home to fix up into a large home or possibly 3 apartment units which received a new roof end of 2021, as well as Commercial highway frontage and yearly income from the billboard on the land near the highway! Approximately 3/4 mile prior to the exit to Holloman AFB, the Seller has enjoyed having the homes rented because they are so close to Base. Or, live in one and rent the other! One home is a 4 bedroom, 2 bath with two living areas. The other home is an adorable remodeled 1 bedroom, 1bath with a kitchen, dining and living room. Both homes received a new roof end of 2021 and mid 2022. Mi

$198,000

5 beds3 baths2,488 sq ft

20729 Us Hwy 70, Alamogordo, NM 88310

Remodeled • Solar array • Two homes on acres

ABOUT THIS HOME
Cheap Home for sale in Otero County, NM:
Welcome to 814 Larkspur a well maintained 1330 sqft, 3 bedroom, 2 bath home. Galley kitchen offers stainless appliances. The a spacious living room opens up to a sun room addition. Solar panels on the roof are owned and could lead to money saved on utilities. Close to shopping and restaurants. Short drive to HAFB.

$219,900

3 beds2 baths1,330 sq ft

814 Larkspur St, Alamogordo, NM 88310

Sun room addition • Galley kitchen • Stainless appliances

$379,900

5 beds3.25 baths2,223 sq ft

286 Bosque, Alamogordo, NM 88310

9,148 sq ft lot • Garage • Built 2006

Property at 344 Palo Duro, Alamogordo, NM 88310, 4 beds, 2.25 baths

$349,900

4 beds2.25 baths1,984 sq ft

344 Palo Duro, Alamogordo, NM 88310

Property at 370 Riverside Rd, Timberon, NM 88350, 3 beds, 2.5 baths

$310,000

3 beds2.5 baths1,784 sq ft

370 Riverside Rd, Timberon, NM 88350

Property at 27 Cloud Country Dr, Mayhill, NM 88339, 4 beds, 2 baths

$369,999

4 beds2 baths1,670 sq ft

27 Cloud Country Dr, Mayhill, NM 88339

Property at 604 Sunnyside Ave, Alamogordo, NM 88310, 3 beds, 2 baths

$299,000

3 beds2 baths2,260 sq ft

604 Sunnyside Ave, Alamogordo, NM 88310

Property at 2316 Apache Ln, Alamogordo, NM 88310, 3 beds, 2 baths

$175,000

3 beds2 baths1,771 sq ft

2316 Apache Ln, Alamogordo, NM 88310

Property at 1307 Eighth St, Alamogordo, NM 88310, 3 beds, 2 baths

$150,000

3 beds2 baths1,502 sq ft

1307 Eighth St, Alamogordo, NM 88310

Property at 2 Malpais Ave, La Luz, NM 88337, 1 bath

$179,900

— beds1 bath1,269 sq ft

2 Malpais Ave, La Luz, NM 88337

Property at 1640 N White Sands Blvd, Alamogordo, NM 88310, 2 beds, 2 baths

$350,000

2 beds2 baths3,612 sq ft

1640 N White Sands Blvd, Alamogordo, NM 88310

Property at 2604 Princeton Ave, Alamogordo, NM 88310, 1.75 baths

$240,000

— beds1.75 baths1,500 sq ft

2604 Princeton Ave, Alamogordo, NM 88310

Property at 94 Pawhuska Dr, Timberon, NM 88350, 2 beds, 1 bath

$199,000

2 beds1 bath644 sq ft

94 Pawhuska Dr, Timberon, NM 88350

Property at 431 Palo Duro, Alamogordo, NM 88310, 4 beds, 2.5 baths

$364,900

4 beds2.5 baths2,190 sq ft

431 Palo Duro, Alamogordo, NM 88310

Property at 1000 Old Mescalero Rd, Tularosa, NM 88352, 3 beds, 2 baths

$370,000

3 beds2 baths2,685 sq ft

1000 Old Mescalero Rd, Tularosa, NM 88352

Property at 1416 Scenic Dr, Alamogordo, NM 88310, 3 beds, 1.75 baths

$254,500

3 beds1.75 baths1,692 sq ft

1416 Scenic Dr, Alamogordo, NM 88310

Property at 1113 San Miguel St, Alamogordo, NM 88310, 4 beds, 2 baths

$319,000

4 beds2 baths1,943 sq ft

1113 San Miguel St, Alamogordo, NM 88310

Property at 304 Swallow Pl, Cloudcroft, NM 88317, 3 beds, 1.75 baths

$255,500

3 beds1.75 baths1,225 sq ft

304 Swallow Pl, Cloudcroft, NM 88317

Property at 931 Chicory Dr, Alamogordo, NM 88310, 4 beds, 2 baths

$429,500

4 beds2 baths2,010 sq ft

931 Chicory Dr, Alamogordo, NM 88310

Property at 207 Palo Duro, Alamogordo, NM 88310, 4 beds, 2.5 baths

$319,000

4 beds2.5 baths2,077 sq ft

207 Palo Duro, Alamogordo, NM 88310

Property at 40 Baca Farms Rd, Tularosa, NM 88352, 3 beds, 2 baths

$75,000

3 beds2 baths1,492 sq ft

40 Baca Farms Rd, Tularosa, NM 88352

Property at 848 Sky Rnch, Alamogordo, NM 88310, 4 beds, 2.25 baths

$374,900

4 beds2.25 baths2,000 sq ft

848 Sky Rnch, Alamogordo, NM 88310

Property at 607 Twenty-fourth St, Alamogordo, NM 88310, 3 beds, 2 baths

$174,900

3 beds2 baths1,216 sq ft

607 Twenty-fourth St, Alamogordo, NM 88310

Property at 1008 3rd St, Tularosa, NM 88352, 3 beds, 1 bath

$201,800

3 beds1 bath1,364 sq ft

1008 3rd St, Tularosa, NM 88352

Property at 527 Balsam Cir, Cloudcroft, NM 88317, 2 beds, 1 bath

$215,000

2 beds1 bath864 sq ft

527 Balsam Cir, Cloudcroft, NM 88317

Property at 5 Balsam Canyon Dr, Cloudcroft, NM 88317, 2 beds, 2 baths

$279,500

2 beds2 baths1,104 sq ft

5 Balsam Canyon Dr, Cloudcroft, NM 88317

Property at 713 Montwood Ct, Alamogordo, NM 88310, 4 beds, 2 baths

$225,000

4 beds2 baths1,409 sq ft

713 Montwood Ct, Alamogordo, NM 88310

Property at 55 Cactus Wren Dr, Alamogordo, NM 88310, 3 beds, 2 baths

$190,000

3 beds2 baths1,326 sq ft

55 Cactus Wren Dr, Alamogordo, NM 88310

Property at 66 Will Scarlet, Mayhill, NM 88339, 3 beds, 2 baths

$379,000

3 beds2 baths1,300 sq ft

66 Will Scarlet, Mayhill, NM 88339

Property at 613 Willow Ln, Tularosa, NM 88352, 4 beds, 4 baths

$340,000

4 beds4 baths2,740 sq ft

613 Willow Ln, Tularosa, NM 88352

Property at 2906 Sunland Dr, Alamogordo, NM 88310, 4 beds, 2 baths

$289,000

4 beds2 baths1,963 sq ft

2906 Sunland Dr, Alamogordo, NM 88310

Property at 16 Hopi, Cloudcroft, NM 88317, 1 bed, 1 bath

$249,900

1 bed1 bath968 sq ft

16 Hopi, Cloudcroft, NM 88317

Property at 321 Cielo Grande, Alamogordo, NM 88310, 4 beds, 3 baths

$424,900

4 beds3 baths2,455 sq ft

321 Cielo Grande, Alamogordo, NM 88310

Property at 6 No Name Ln, La Luz, NM 88337, 2 beds, 2 baths

$118,000

2 beds2 baths1,176 sq ft

6 No Name Ln, La Luz, NM 88337

Property at 158 Riata Rd, Alamogordo, NM 88310, 3 beds, 2 baths

$350,000

3 beds2 baths2,336 sq ft

158 Riata Rd, Alamogordo, NM 88310

Property at 9 Turkey Trl, Cloudcroft, NM 88317, 3 beds, 2 baths

$335,000

3 beds2 baths1,127 sq ft

9 Turkey Trl, Cloudcroft, NM 88317

Property at 1330 Challenger Ave, Alamogordo, NM 88310, 3 beds, 2 baths

$224,500

3 beds2 baths1,527 sq ft

1330 Challenger Ave, Alamogordo, NM 88310

Property at 346 Camino Real Real, Alamogordo, NM 88310, 4 beds, 2.5 baths

$369,000

4 beds2.5 baths2,086 sq ft

346 Camino Real Real, Alamogordo, NM 88310

Property at 6 Terall Trl, Alamogordo, NM 88310, 3 beds, 2 baths

$129,900

3 beds2 baths1,152 sq ft

6 Terall Trl, Alamogordo, NM 88310

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Cheap Homes for Sale in Otero County

There are currently 515 cheap homes for sale in Otero County at a median listing price of $296K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in Otero County stay on the market for 103 days. This map is refreshed with the newest listings in Otero County every 15 minutes.

In the past month, 79 homes have been sold in Otero County. In addition to houses in Otero County, there were also 0 condos, 0 townhouses, and 8 multi-family units for sale in Otero County last month. Find your dream home in Otero County 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 Otero County are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Otero County. If you're looking to sell your home in the Otero County area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in Otero County with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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