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

10,851 homes + 1 early access

Sort:

Recommended

Albuquerque
Santa Fe
Las Cruces
Rio Rancho
Taos
Los Alamos
Ruidoso
Silver City
Corrales
Roswell
Farmington
Alamogordo
Los Lunas
Clovis
Placitas

NEW CONSTRUCTION

ABOUT THIS HOME
Cheap Home for sale in New Mexico, NM:
The Cassia: This single-story layout offers 1,550 sq ft of well-planned space with 4 bedrooms and 2 bathrooms. The open kitchen features granite countertops, a pot filler, apron sink, and upgraded lighting, all flowing into the connected dining and living areas. The primary suite is set apart for added privacy and includes its own bath and generous closet. Three additional bedrooms provide plenty of flexibility for guests, work, or play. A 2- car garage rounds out the home. Listing subject to errors, omissions, and changes without notice. Info provided is deemed reliable but not guaranteed. MLS photos are for marketing purposes only and may not reflect actual colors or upgrades. Please veri

$319,950

4 beds2 baths1,550 sq ft

Upgraded lighting • Primary suite • Granite countertops

6060 Summer Rdg, Santa Teresa, NM 88008

NEW CONSTRUCTION

ABOUT THIS HOME
Cheap Home for sale in New Mexico, NM:
Discover the Mesquite by LGI Homes at Estrella at High Range, a stunning two-story home designed for modern family living. This spacious floor plan features four bedrooms and two-and-a-half bathrooms, including a luxurious master suite with a large walk-in closet and private en-suite bath. The open-concept main floor seamlessly connects the chef-ready kitchen, separate dining room, and family room, perfect for hosting gatherings or enjoying everyday moments together. Upstairs, you'll find a versatile tech area and a spacious game room that can be customized as a playroom, movie room, or entertainment space ideal for your family's needs. The Mesquite also includes a convenient laundry room c

$419,900

4 beds2.5 baths1,839 sq ft

Master suite • Walk in closet • Tech area

1644 Saddleback Trl NE, Rio Rancho, NM 87144

ABOUT THIS HOME
Cheap Home for sale in New Mexico, NM:
Nice half acre lot near development. Lot 2 is also for sale. Could be a really great investment as this lot is between Enchanted Hills and Vista Entrade. Priced really well compared to other parcels for sale in this area.

$15,500

Land0.50 acre (lot)

Listed 235 days

3900 Beta Dr NE, Rio Rancho, NM 87144

ABOUT THIS HOME
Cheap Home for sale in New Mexico, NM:
Great price for the area. Nice lot on the east side of the road with potential views. Close to current development. Lot 5 is also for sale, buy one or both.

$15,500

Land0.50 acre (lot)

Listed 235 days

3816 Beta Dr NE, Rio Rancho, NM 87144

ABOUT THIS HOME
Cheap Home for sale in New Mexico, NM:
1-acre residential lot. Enjoy the rural country living in central New Mexico near Moriarty, 35 minutes to Albuquerque and 60 minutes to Santa Fe. Good county maintained roads, buyer must drill for water or haul water, power close by, septic system required, There are nine, 1 acre lots to choose from or purchase them all at a discount price.

$8,000

Land0.89 acre (lot)

Rural country living • Power close by

15 Loma Del Sol, Moriarty, NM 87035

Property at 14 Loma Del Sol, Moriarty, NM 87035

$8,000

Land0.89 acre (lot)

14 Loma Del Sol, Moriarty, NM 87035

Property at 13 Loma Del Sol, Moriarty, NM 87035

$8,000

Land0.89 acre (lot)

13 Loma Del Sol, Moriarty, NM 87035

Property at 12 Loma Del Sol, Moriarty, NM 87035

$8,000

Land0.89 acre (lot)

12 Loma Del Sol, Moriarty, NM 87035

Property at 11 Loma Del Sol, Moriarty, NM 87035

$8,000

Land0.89 acre (lot)

11 Loma Del Sol, Moriarty, NM 87035

Property at 10 Loma Del Sol, Moriarty, NM 87035

$8,000

Land0.89 acre (lot)

10 Loma Del Sol, Moriarty, NM 87035

Property at 681 E Derrick Rd, Carlsbad, NM 88220

$130,000

Land4.07 acres (lot)

681 E Derrick Rd, Carlsbad, NM 88220

Property at 17th Ave Sw Ave SW, Rio Rancho, NM 87124

$3,500

Land0.50 acre (lot)

17th Ave Sw Ave SW, Rio Rancho, NM 87124

Property at 23 Tbd Maverick, Deming, NM 88030

$3,000

Land1.97 acres (lot)

23 Tbd Maverick, Deming, NM 88030

Property at 21 Tbd Maverick, Deming, NM 88030

$3,000

Land1.97 acres (lot)

21 Tbd Maverick, Deming, NM 88030

Property at 22 Tbd Maverick, Deming, NM 88030

$3,000

Land1.97 acres (lot)

22 Tbd Maverick, Deming, NM 88030

Property at 318 Mcbride Dr, Ruidoso, NM 88345

$112,500

Land0.80 acre (lot)

318 Mcbride Dr, Ruidoso, NM 88345

Property at U11 Rainbow Blk T Lot7 Blvd Blvd NW, Rio Rancho, NM 87124

$23,500

Land0.31 acre (lot)

U11 Rainbow Blk T Lot7 Blvd Blvd NW, Rio Rancho, NM 87124

Property at 124 Willie Horton Dr, Ruidoso, NM 88345

$99,900

Land0.73 acre (lot)

124 Willie Horton Dr, Ruidoso, NM 88345

Property at Missouri Ave SE, Deming, NM 88030

$37,000

Land40.00 acres (lot)

Missouri Ave SE, Deming, NM 88030

Property at Harmony (u24 B33 L31-34), Rio Rancho, NM 87144

$9,200

Land2.00 acres (lot)

Harmony (u24 B33 L31-34), Rio Rancho, NM 87144

Property at 155 Jarratt Lp Loop, Ruidoso, NM 88345

$110,000

Land2.54 acres (lot)

155 Jarratt Lp Loop, Ruidoso, NM 88345

Property at 101-105 Tahoe Dr, Ruidoso, NM 88345

$41,000

Land0.81 acre (lot)

101-105 Tahoe Dr, Ruidoso, NM 88345

Property at 0 Martingale Ln, Tierra Amarilla, NM 87575

$39,900

Land7.80 acres (lot)

0 Martingale Ln, Tierra Amarilla, NM 87575

Property at S Union St, Roswell, NM 88203

$118,000

Land

S Union St, Roswell, NM 88203

Property at 701 W Brasher, Roswell, NM 88203

$228,000

Land

701 W Brasher, Roswell, NM 88203

Property at 407 W Brasher Rd, Roswell, NM 88203

$378,000

Land2.82 acres (lot)

407 W Brasher Rd, Roswell, NM 88203

Property at lot 14 Jackson Hole Rd, Angel Fire, NM 87710

$27,000

Land0.50 acre (lot)

lot 14 Jackson Hole Rd, Angel Fire, NM 87710

Property at 890 North Lakes Dr, Clovis, NM 88101

$85,000

Land2.47 acres (lot)

890 North Lakes Dr, Clovis, NM 88101

Property at 123 Ridge View Rd, Magdalena, NM 87825

$47,500

Land20.19 acres (lot)

123 Ridge View Rd, Magdalena, NM 87825

Property at 1 Tierra Santa, Youngsville, NM 87064

$300,000

Land45.91 acres (lot)

1 Tierra Santa, Youngsville, NM 87064

Property at 6409 Castle Rock Cir, Farmington, NM 87402

$69,500

Land0.33 acre (lot)

6409 Castle Rock Cir, Farmington, NM 87402

Property at 4611 25th Avenue Ave NE, Rio Rancho, NM 87144

$23,000

Land0.50 acre (lot)

4611 25th Avenue Ave NE, Rio Rancho, NM 87144

Property at Vereda De Venados Rancho De Va, Tierra Amarilla, NM 87575

$32,000

Land10.00 acres (lot)

Vereda De Venados Rancho De Va, Tierra Amarilla, NM 87575

Property at 2 Lots 22nd St NW, Rio Rancho, NM 87144

$3,750

Land1.00 acre (lot)

2 Lots 22nd St NW, Rio Rancho, NM 87144

Property at 1 lot 25th St NW, Rio Rancho, NM 87124

$1,995

Land0.50 acre (lot)

1 lot 25th St NW, Rio Rancho, NM 87124

Property at 4144 US 64, Kirtland, NM 87417

$440,000

Land2.00 acres (lot)

4144 US 64, Kirtland, NM 87417

Property at XXX No Name Near Develpment #63, Rio Communities, NM 87002

$1,500

Land0.25 acre (lot)

XXX No Name Near Develpment #63, Rio Communities, NM 87002

Property at 4 Curry Road M, Clovis, NM 88101

$49,500

Land0.75 acre (lot)

4 Curry Road M, Clovis, NM 88101

Property at Curry Road M, Clovis, NM 88101

$49,500

Land0.75 acre (lot)

Curry Road M, Clovis, NM 88101

Property at 42 Camino Real, Sandia Park, NM 87047

$150,000

Land10.02 acres (lot)

42 Camino Real, Sandia Park, NM 87047

Property at Lot 8 Willow Lake Rd, Estancia, NM 87016

$33,000

Land4.32 acres (lot)

Lot 8 Willow Lake Rd, Estancia, NM 87016

Viewing page 206 of 265

Cheap Homes for Sale in New Mexico

There are currently 10847 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.

Popular Cities in New Mexico

Popular Searches in New Mexico, NM

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.