Cheap homes for sale & real estate in New Mexico, NM

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ABOUT THIS HOME
Cheap Home for sale in New Mexico, NM:
In Green Country, a subdivision with panoramic views.

$20,000

Land1.64 acres (lot)

Lot 72 John Dr, Alamogordo, NM 88310

Listed 190 days

ABOUT THIS HOME
Cheap Home for sale in New Mexico, NM:
One of the largest lots available in the gated Tierra Encantada Subdivision. You get complete privacy from this wooded lot with open meadows, mountain views, and valley views! Water membership is paid for, electric is to the property, high speed internet is throughout the subdivision, the only thing missing is you and your dream home! Plenty of building sites on this 3.7 acre lot and they all afford the peace and tranquility that Tierra Encantada is known for. Imagine waking up to the early morning sunrise and watching the deer walk past your front door as you enjoy your morning beverage all within being 35 mins to ABQ and 50 mins to Santa Fe. Make an appointment to view one of the best lot

$54,000

Land3.77 acres (lot)

5 Canon De Manantial, Edgewood, NM 87015

Wooded lot • Open meadows • Valley views

ABOUT THIS HOME
Cheap Home for sale in New Mexico, NM:
Spectacular views of the Sangre de Cristo Valley can be yours. Perched high on a year-round, accessible lot, 228 Cumbre is a dream come true for those wanting peace and quiet, fresh air, and common wild-life sightings. The deer are our daily and roam freely on your lot! Lot is located in a golf-course community and HOA and has water access and maintained roads. This community is largely undiscovered but has beautifully manicured homes surrounding at 18 hole golf course. Seller is offering owner financing. This is a great investment to park a small amount of money!

$7,500

Land0.44 acre (lot)

228 Cumbre Rd, Rociada, NM 87742

Wild-life sightings • Accessible lot • Spectacular views

ABOUT THIS HOME
Cheap Home for sale in New Mexico, NM:
Prime Rio Rancho location and a wonderful opportunity to build and grow your business! Situated on 1.69 acres that backs to an arroyo, has panoramic mountain views and is within a close proximity to Sandoval County Regional Hospital, CNM, Rio Rancho Star Center and more!

$29,000

Land1.69 acres (lot)

2611 Pendragon St NE, Rio Rancho, NM 87144

Backs to an arroyo

ABOUT THIS HOME
Cheap Home for sale in New Mexico, NM:
Build your dream home. Utilities nearby. Ready for the next owner

$59,000

Land0.28 acre (lot)

103 Jade Loop, Truth Or Consequences, NM 87901

Listed 189 days

Property at Lot 3 Knollwood Way, Angel Fire, NM 87710

$40,000

Land0.50 acre (lot)

Lot 3 Knollwood Way, Angel Fire, NM 87710

Property at E Howell (tr A-3) Rd, Estancia, NM 87016

$17,500

Land11.77 acres (lot)

E Howell (tr A-3) Rd, Estancia, NM 87016

Property at 3104 US Hwy 82, Mayhill, NM 88339

$155,900

Land2.81 acres (lot)

3104 US Hwy 82, Mayhill, NM 88339

Property at L25 Branding Way, Ancho, NM 88301

$77,000

Land140.00 acres (lot)

L25 Branding Way, Ancho, NM 88301

Property at Lot 48 Santa Rita Rnch, Riley, NM 87825

$16,500

Land20.00 acres (lot)

Lot 48 Santa Rita Rnch, Riley, NM 87825

$298,800

Land3.00 acres (lot)

County, Alameda, NM 87114

Property at Lot 5 Del Monte Dr. Dr Unit Block 17 Unit 5, Alto, NM 88312

$35,000

Land0.43 acre (lot)

Lot 5 Del Monte Dr. Dr Unit Block 17 Unit 5, Alto, NM 88312

Property at 125 Kiva Pl #246, Sandia Park, NM 87047

$111,500

Land3.41 acres (lot)

125 Kiva Pl #246, Sandia Park, NM 87047

Property at 4 Four Wheel Dr, La Luz, NM 88337

$75,000

Land4.53 acres (lot)

4 Four Wheel Dr, La Luz, NM 88337

Property at Lot 11 Cavalry Camp Rd, El Prado, NM 87529

$200,000

Land13.50 acres (lot)

Lot 11 Cavalry Camp Rd, El Prado, NM 87529

Property at 7x San Tomas Rd, Hanover, NM 88041

$32,000

Land4.60 acres (lot)

7x San Tomas Rd, Hanover, NM 88041

Property at Lot 1 Crossbow Trl, Alamogordo, NM 88310

$49,500

Land5.01 acres (lot)

Lot 1 Crossbow Trl, Alamogordo, NM 88310

Property at 58 Moccasin Trl, Sandia Park, NM 87047

$100,000

Land1.95 acres (lot)

58 Moccasin Trl, Sandia Park, NM 87047

Property at Lot 83 Elk Mdw, Angel Fire, NM 87710

$82,000

Land2.84 acres (lot)

Lot 83 Elk Mdw, Angel Fire, NM 87710

Property at S 35 Tn 23s R 9w Tract 2, Deming, NM 88030

$25,000

Land0.78 acre (lot)

S 35 Tn 23s R 9w Tract 2, Deming, NM 88030

Property at 311 Cimarron Dr, Quemado, NM 87829

$137,900

Land21.42 acres (lot)

311 Cimarron Dr, Quemado, NM 87829

Property at TBD Sunset Dr, Abiquiu, NM 87510

$38,000

Land1.15 acres (lot)

TBD Sunset Dr, Abiquiu, NM 87510

Property at 5745 Salina Rd, Las Cruces, NM 88012

$75,000

Land9.97 acres (lot)

5745 Salina Rd, Las Cruces, NM 88012

Property at Shetland St, Moriarty, NM 87035

$20,900

Land4.58 acres (lot)

Shetland St, Moriarty, NM 87035

Property at L40 Marijo Ln, Ruidoso, NM 88345

$15,000

Land3,920 sq ft (lot)

L40 Marijo Ln, Ruidoso, NM 88345

Property at NYA Us-64 / Ferrari Ranch Rd, Bloomfield, NM 87413

$260,000

Land1.00 acre (lot)

NYA Us-64 / Ferrari Ranch Rd, Bloomfield, NM 87413

Property at 110 Cliffside Rd, Ruidoso, NM 88345

$49,000

Land1.20 acres (lot)

110 Cliffside Rd, Ruidoso, NM 88345

Property at 2307 14th St SE, Rio Rancho, NM 87124

$209,000

Land0.50 acre (lot)

2307 14th St SE, Rio Rancho, NM 87124

Property at S 35 Tn 23s R 9w Tract 1, Deming, NM 88030

$25,000

Land0.79 acre (lot)

S 35 Tn 23s R 9w Tract 1, Deming, NM 88030

Property at TBD 83 Acres, Mountainair, NM 87036

$166,000

Land83.00 acres (lot)

TBD 83 Acres, Mountainair, NM 87036

Property at 114 Charles Mcclellan Dr, Ruidoso, NM 88345

$99,000

Land2.12 acres (lot)

114 Charles Mcclellan Dr, Ruidoso, NM 88345

Property at Subd: Manzano Grant S: 31 & 32, Mountainair, NM 87036

$166,000

Land83.00 acres (lot)

Subd: Manzano Grant S: 31 & 32, Mountainair, NM 87036

Property at 170 S Nm State Highway 112, Tierra Amarilla, NM 87520

$61,900

Land10.00 acres (lot)

170 S Nm State Highway 112, Tierra Amarilla, NM 87520

Property at Lot 1 Mayflower Rd, Alamogordo, NM 88310

$38,000

Land5.49 acres (lot)

Lot 1 Mayflower Rd, Alamogordo, NM 88310

Property at 51 Panther, Vanderwagen, NM 87301

$85,000

Land27.09 acres (lot)

51 Panther, Vanderwagen, NM 87301

Property at 1378 State Rd 68, Velarde, NM 87582

$174,000

Land2.04 acres (lot)

1378 State Rd 68, Velarde, NM 87582

Property at Lot 12 Encino Rd, Alto, NM 88312

$32,000

Land0.56 acre (lot)

Lot 12 Encino Rd, Alto, NM 88312

Property at 2523 Pluma Ct NE, Rio Rancho, NM 87144

$29,000

Land1.88 acres (lot)

2523 Pluma Ct NE, Rio Rancho, NM 87144

Property at Lots 1 & 2 Delgado Rd SW, Rio Rancho, NM 87124

$10,000

Land2.00 acres (lot)

Lots 1 & 2 Delgado Rd SW, Rio Rancho, NM 87124

Property at Trementina Rd, Arroyo Hondo, NM 87513

$85,000

Land3.00 acres (lot)

Trementina Rd, Arroyo Hondo, NM 87513

Property at Lot 6 Broadmoor Way, Angel Fire, NM 87710

$36,000

Land0.50 acre (lot)

Lot 6 Broadmoor Way, Angel Fire, NM 87710

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The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Redfin are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2026 MLS of Southern Arizona. All Rights Reserved.

Cheap Homes for Sale in New Mexico

There are currently 10838 cheap homes for sale in New Mexico. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. This map is refreshed with the newest listings in New Mexico every 15 minutes.

Find your dream cheap homes in New Mexico 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 New Mexico are local experts and are ready to answer your questions about properties , neighborhoods, schools, and the newest listings for sale in New Mexico. If you're looking to sell your home in the New Mexico area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in New Mexico with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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