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:
This exceptional 1.55-acre equestrian property offers top-tier amenities for horse enthusiasts, including two MD Barnmaster barns with a total of 35 stalls, three horse walkers, a round pen, and two wash racks. Additional features include six covered outdoor stalls, two partially covered turnout pens, an outbuilding with a restroom and shower, and two RV spaces. A newly installed well ensures reliable water access. HOA dues of $800/month cover maintenance of the expansive 3/4-mile training track. Enjoy panoramic views of Sierra Blanca from this fully equipped, professionally designed facility. Lot 6 offers 10.21 acres, Lot 2 includes 5.19 acres and tract 1 & 2 each provide 3.00 acres p

$392,690

— beds— baths— sq ft

69 Racetrack Cir, Tularosa, NM 88352

35 stalls • Top-tier amenities • Round pen

$350,000

2 beds2 baths3,612 sq ft

1640 N White Sands Blvd, Alamogordo, NM 88310

0.39 acre lot • Built 1973 • Listed 153 days

ABOUT THIS HOME
Cheap Home for sale in Otero County, NM:
Embrace country living on 2+ acres in Boles Acres with this 1972-built 4-bedroom, 2-bath farmhouse—perfect for those seeking space, privacy, and room to grow. With a solid wood frame and block construction, this home is ready for a fresh vision. Whether you're dreaming of a homestead, hobby farm, or serene desert retreat, the expansive land offers opportunity under wide New Mexico skies. Just minutes from Alamogordo, this farmers home is a rare chance to reimagine rural life with convenience nearby.

$385,000

4 beds2 baths2,528 sq ft

1 Chaparral Ave, Alamogordo, NM 88310

Expansive land • 2 acres • Solid wood frame

ABOUT THIS HOME
Cheap Home for sale in Otero County, NM:
Charming mountain home nestled in the towering pines of Sacramento, NM. 3 bedroom, 1 1/2 bath home with many new upgrades including newer roof, covered decks, and detached garage/workshop with power. This home combines rustic charm with modern conveniences. All appliances and some bulk furnishings to convey. Woodstove in the main living area with a vaulted ceiling will make a perfect area for entertaining. Plenty of deck space to take in the morning views and mingle with the visiting wildlife. Less than 100 yards from the National Forest and some of the best hunting New Mexico has to offer. Miles and miles of off road access for UTV's. Step up to the good life and schedule your showing toda

$259,000

3 beds1.5 baths1,600 sq ft

21 Hueco Dr, Sacramento, NM 88347

Covered decks • Newer roof • Vaulted ceiling

ABOUT THIS HOME
Cheap Home for sale in Otero County, NM:
Productive Land with Water Rights & Thriving Pecan Orchard – A Desert Oasis Discover the potential of sustainable land ownership with this exceptional agricultural property. Located in a fertile, well-irrigated, Acequia irrigation region, this historic parcel—known as the “49 Blocks”—comes with recorded water rights and a mature pecan orchard yielding over 600 pounds annually and still growing. Why Invest Here? This isn’t just land—it’s production, water security, and future opportunity. Perfectly suited for agriculture, a peaceful residential homestead, or future development. This property combines natural resources with long-term va

$201,800

3 beds1 bath1,364 sq ft

1008 3rd St, Tularosa, NM 88352

Established plumbing • 0.71 acre corner lot • Pecan trees

Property at 302 Aspen Cir, Cloudcroft, NM 88317, 2 beds, 1.5 baths

$293,000

2 beds1.5 baths1,079 sq ft

302 Aspen Cir, 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 709 Grand Blvd, Cloudcroft, NM 88317, 3 beds, 1 bath

$325,000

3 beds1 bath1,014 sq ft

709 Grand Blvd, Cloudcroft, NM 88317

Property at 14 Bell Canyon Rd, Cloudcroft, NM 88317, 2 beds, 2 baths

$295,000

2 beds2 baths896 sq ft

14 Bell Canyon Rd, Cloudcroft, NM 88317

Property at 27 El Capitan Ln, Sacramento, NM 88347, 1 bed, 1 bath

$140,000

1 bed1 bath600 sq ft

27 El Capitan Ln, Sacramento, NM 88347

$310,000

4 beds3 baths2,079 sq ft

187 Dixwood Dr, Timberon, NM 88350

Property at 1404 W 2nd St, Tularosa, NM 88352

$29,500

— beds— baths— sq ft

1404 W 2nd St, Tularosa, NM 88352

Property at Forest View Rd, Cloudcroft, NM 88317

$12,800

— beds— baths— sq ft

Forest View Rd, Cloudcroft, NM 88317

Property at Summer Dr, Timberon, NM 88350

$20,000

— beds— baths— sq ft

Summer Dr, Timberon, NM 88350

Property at 16 Springs Canyon Rd, Flying H, NM 88339

$22,000

— beds— baths— sq ft

16 Springs Canyon Rd, Flying H, NM 88339

Property at 845 Hermosa Dr, Chaparral, NM 88081

$95,000

— beds— baths— sq ft

845 Hermosa Dr, Chaparral, NM 88081

Property at Palomino Dr, Timberon, NM 88350

$20,000

— beds— baths— sq ft

Palomino Dr, Timberon, NM 88350

Property at Thunder Rd, Alamogordo, NM 88310

$30,000

— beds— baths— sq ft

Thunder Rd, Alamogordo, NM 88310

Property at 00 Old El Paso Hwy, Alamogordo, NM 88310

$50,000

— beds— baths— sq ft

00 Old El Paso Hwy, Alamogordo, NM 88310

Property at 12 Tokatee Ct, Timberon, NM 88350

$60,000

— beds— baths— sq ft

12 Tokatee Ct, Timberon, NM 88350

Property at Property in La Luz, NM 88337

$65,000

— beds— baths— sq ft

La Luz, NM 88337

$35,500

— beds— baths— sq ft

La Luz, NM 88337

$34,500

— beds— baths— sq ft

La Luz, NM 88337

$25,000

— beds— baths— sq ft

La Luz, NM 88337

$35,000

— beds— baths— sq ft

La Luz, NM 88337

Property at 2405 Cuba Ave, Alamogordo, NM 88310

$125,000

— beds— baths— sq ft

2405 Cuba Ave, Alamogordo, NM 88310

Property at 00 Homewood Dr, Timberon, NM 88350

$12,500

— beds— baths— sq ft

00 Homewood Dr, Timberon, NM 88350

Property at Section 13 Rd, Cloudcroft, NM 88317

$159,900

— beds— baths— sq ft

Section 13 Rd, Cloudcroft, NM 88317

Property at 000 Trailer Rd, Timberon, NM 88350

$19,900

— beds— baths— sq ft

000 Trailer Rd, Timberon, NM 88350

Property at 800 Shells Ln, Cloudcroft, NM 88317

$45,500

— beds— baths— sq ft

800 Shells Ln, Cloudcroft, NM 88317

Property at Pawnee Dr, Timberon, NM 88350

$11,000

— beds— baths— sq ft

Pawnee Dr, Timberon, NM 88350

Property at 1152 Steve Dr Dr, Chaparral, NM 88081

$79,000

— beds— baths— sq ft

1152 Steve Dr Dr, Chaparral, NM 88081

Property at 29 Forest Loop, Timberon, NM 88350

$25,000

— beds— baths— sq ft

29 Forest Loop, Timberon, NM 88350

Property at 00 Moser Ranch Rd, Cloudcroft, NM 88317

$229,500

— beds— baths— sq ft

00 Moser Ranch Rd, Cloudcroft, NM 88317

Property at Lot 6 Pine Rd, Timberon, NM 88350

$60,000

— beds— baths— sq ft

Lot 6 Pine Rd, Timberon, NM 88350

Property at 42 Cowan Rd, Mayhill, NM 88339, 2 beds, 2 baths

$375,000

2 beds2 baths— sq ft

42 Cowan Rd, Mayhill, NM 88339

Property at 14 Scenic Loop, Cloudcroft, NM 88317

$139,900

— beds— baths— sq ft

14 Scenic Loop, Cloudcroft, NM 88317

Property at 911 Chicory Dr, Alamogordo, NM 88310

$42,500

— beds— baths— sq ft

911 Chicory Dr, Alamogordo, NM 88310

Property at 25 Marin Dr, Tularosa, NM 88352

$265,000

— beds— baths— sq ft

25 Marin Dr, Tularosa, NM 88352

Property at 29 Beauregard Dr, Cloudcroft, NM 88350

$10,500

— beds— baths— sq ft

29 Beauregard Dr, Cloudcroft, NM 88350

Property at 65 Cider Mill Farm Rd, High Rolls Mountain Park, NM 88325

$160,000

— beds— baths— sq ft

65 Cider Mill Farm Rd, High Rolls Mountain Park, NM 88325

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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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