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

10,770 homes

Sort:

Recommended

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

VIDEO TOUR

ABOUT THIS HOME
Cheap Home for sale in New Mexico, NM:
23.79-acre property offering mature trees. Whether you're planning to build your dream home, create a horse property, or simply enjoy the peace and privacy of wide-open spaces, this versatile parcel provides plenty of options. Located in desirable elk and deer country, the property offers outstanding opportunities for wildlife viewing . Bring your horses, explore the natural landscape, and experience the beauty of country living with room to roam. Don't miss this chance to own a scenic acreage with endless potential.

$36,900

Land23.79 acres (lot)

Scenic acreage • Horse property

0 #8, Omega, NM 87829

ABOUT THIS HOME
Cheap Home for sale in New Mexico, NM:
GREAT OPPORTUNITY TO BUY ONE OR TWO LOTS TOGETHER!

$7,000

Land0.50 acre (lot)

Listed 10 days

Rr Estates Unt 22, Blk 112, 25, Rio Rancho, NM 87144

ABOUT THIS HOME
Cheap Home for sale in New Mexico, NM:
GREAT OPPORTUNITY TO BUY ONE OR TWO LOTS TOGETHER!

$7,000

Land0.50 acre (lot)

Listed 10 days

Rr Estates Unt 22, Blk 112 24, Rio Rancho, NM 87144

ABOUT THIS HOME
Cheap Home for sale in New Mexico, NM:
Build your dream home on this estate-sized parcel of over 7 acres, located near a planned community off Scenic Road. The property is being sold 'As Is. ' All utilities, including water, should be independently verified by the Buyer during the due diligence/inspection period, as all distances provided are estimates. An ILR/Survey is not currently available and may need to be obtained through the Title Company during escrow.

$268,000

Land7.18 acres (lot)

Listed 10 days

Gila (vista Vieja Ave) Rd NW, Albuquerque, NM 87120

VIDEO TOUR

ABOUT THIS HOME
Cheap Home for sale in New Mexico, NM:
10.72-Acre Corner Lot in Blue Hills Ranch This spacious corner lot features mostly flat, usable terrain with a natural mix of juniper and pion trees. With plenty of room to spread out, this property is ideal for building your future home, bringing your horses, or creating a peaceful weekend getaway. Horses are welcome! The property is undeveloped and would require a private well, septic system, and electrical service for a permanent residence. It could also be a great opportunity for an RV getaway or recreational retreat. Owner Financing available 2 HOURS FROM ALBUEQURQUE, NM 5-6 HOURS FROM PHOENIX OR TUCSON AZ

$26,000

Land10.72 acres (lot)

Room to spread out • Recreational retreat • Usable terrain

0 #129, Pie Town, NM 87827

$50,000

Land40.00 acres (lot)

0, Deming, NM 88030

Property at 10101 (tbd) S Eunice Hwy, Hobbs, NM 88242

$299,500

Land13.06 acres (lot)

10101 (tbd) S Eunice Hwy, Hobbs, NM 88242

Property at 1 S Tennyson Dr #13, Deming, NM 88030

$35,000

Land7,840 sq ft (lot)

1 S Tennyson Dr #13, Deming, NM 88030

Property at 1209 Third St, Grants, NM 87020

$18,000

Land6,098 sq ft (lot)

1209 Third St, Grants, NM 87020

Property at 43 Brook Blvd #112, Quemado, NM 87829

$25,000

Land4.80 acres (lot)

43 Brook Blvd #112, Quemado, NM 87829

$21,600

Land10.32 acres (lot)

0 #47, Quemado, NM 87829

$39,900

Land4.02 acres (lot)

0 #57, Quemado, NM 87829

Property at 0 Tbd N. Lovington Hwy N, Hobbs, NM 88240

$260,000

Land0.78 acre (lot)

0 Tbd N. Lovington Hwy N, Hobbs, NM 88240

$350,000

Land80.22 acres (lot)

0 Tbd, Hobbs, NM 88242

Property at 0 Tee Pee Trl #103, Quemado, NM 87829

$22,500

Land13.87 acres (lot)

0 Tee Pee Trl #103, Quemado, NM 87829

Property at 0 E Pine St, Deming, NM 88030

$160,000

Land2.00 acres (lot)

0 E Pine St, Deming, NM 88030

Property at 2025 W College LN Tract C1, Hobbs, NM 88242

$350,000

Land10.12 acres (lot)

2025 W College LN Tract C1, Hobbs, NM 88242

Property at 119 Paradise Vly #119, Cloudcroft, NM 88350

$22,000

Land0.72 acre (lot)

119 Paradise Vly #119, Cloudcroft, NM 88350

Property at 2057 S RR 7 Rd, Portales, NM 88130

$200,000

Land40.00 acres (lot)

2057 S RR 7 Rd, Portales, NM 88130

Property at 2029 W Tbd College LN Tract C2, Hobbs, NM 88242

$350,000

Land9.51 acres (lot)

2029 W Tbd College LN Tract C2, Hobbs, NM 88242

Property at 20 Horseshoe Cir #20, Quemado, NM 87829

$22,600

Land12.55 acres (lot)

20 Horseshoe Cir #20, Quemado, NM 87829

Property at 19 Brazos Ests, Chama, NM 87520

$20,000

Land1.12 acres (lot)

19 Brazos Ests, Chama, NM 87520

Viewing page 27 of 263

Cheap Homes for Sale in New Mexico

There are currently 10763 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.