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

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$200,000

Land1.15 acres (lot)

102 & 104 Warm Springs Blvd, Elephant Butte, NM 87935

Parking • Listed 17 days

ABOUT THIS HOME
Cheap Home for sale in New Mexico, NM:
Discover the quiet beauty of this picturesque parcel nestled at the foot of the mountains. With a gentle slope that enhances views and drainage, the land offers a natural canvas for your vision--whether homestead, retreat, or investment. Native grasses and hardy shrubs grace the area. An AWD/4WD is advised for locating the lot.

$750

Land0.25 acre (lot)

VL Rdo Lot 8 Block 14 #7, Los Lunas, NM 87031

Listed 17 days

ABOUT THIS HOME
Cheap Home for sale in New Mexico, NM:
he terrain is mostly flat, with a mix of meadow grasses, desert scrub, and scattered shrubs that thrive in the sun and wind. Ideal for off-grid living, the property combines natural beauty with practical potential: solar exposure, privacy, and room to build your vision from the ground up.

$7,500

Land4.84 acres (lot)

VL Rrgw Lot 30 Block 1 #10, Belen, NM 87002

Room to build • Solar exposure • Privacy

ABOUT THIS HOME
Cheap Home for sale in New Mexico, NM:
With no nearby structures to interrupt the horizon, the space feels limitless--ideal for solar living, stargazing, and building a lifestyle rooted in autonomy and connection to the land.

$7,500

Land4.72 acres (lot)

VL Rrgw Lot 29 Block 1 #10, Belen, NM 87002

Listed 17 days

ABOUT THIS HOME
Cheap Home for sale in New Mexico, NM:
Please be advised that the property is being sold in 'As Is' condition. The buyer is responsible for independently verifying all utilities during the due diligence and inspection period. Additionally, an Improvement Location Report (ILR) or survey is not currently available. This may need to be obtained through the title company during the escrow process.

$20,000

Land0.50 acre (lot)

671 Nightglow Ave NE, Rio Rancho, NM 87144

Listed 18 days

Property at 60 Brownwood Rd, Cloudcroft, NM 88350

$110,000

Land1.11 acres (lot)

60 Brownwood Rd, Cloudcroft, NM 88350

Property at TBD Mccombs Rd, Chaparral, NM 88081

$314,100

Land3.50 acres (lot)

TBD Mccombs Rd, Chaparral, NM 88081

Property at 47 Encima De Belen, Belen, NM 87002

$117,777

Land9.46 acres (lot)

47 Encima De Belen, Belen, NM 87002

Property at 95 Mesa Alta, Belen, NM 87002

$117,777

Land9.46 acres (lot)

95 Mesa Alta, Belen, NM 87002

Property at NYA US 64, Kirtland, NM 87417

$90,000

Land1.00 acre (lot)

NYA US 64, Kirtland, NM 87417

Property at 820 Cherry Rd NE, Rio Rancho, NM 87144

$33,000

Land1.00 acre (lot)

820 Cherry Rd NE, Rio Rancho, NM 87144

Property at 520 Cherry Rd NE, Rio Rancho, NM 87144

$33,000

Land1.00 acre (lot)

520 Cherry Rd NE, Rio Rancho, NM 87144

Property at 2680 Rainbow Blvd NE, Rio Rancho, NM 87144

$40,000

Land1.22 acres (lot)

2680 Rainbow Blvd NE, Rio Rancho, NM 87144

Property at 72 Brownwood Rd, Timberon, NM 88350

$110,000

Land1.02 acres (lot)

72 Brownwood Rd, Timberon, NM 88350

Property at 68 Brownwood Rd, Timberon, NM 88350

$110,000

Land1.01 acres (lot)

68 Brownwood Rd, Timberon, NM 88350

Property at 64 Brownwood Rd, Timberon, NM 88350

$110,000

Land1.05 acres (lot)

64 Brownwood Rd, Timberon, NM 88350

Property at 720 Moonbow Ave NE, Rio Rancho, NM 87144

$20,000

Land0.50 acre (lot)

720 Moonbow Ave NE, Rio Rancho, NM 87144

Property at 29 Encima De Belen, Belen, NM 87002

$117,777

Land9.46 acres (lot)

29 Encima De Belen, Belen, NM 87002

Property at S Leaning Lot A, Tierra Amarilla, NM 87575

$150,000

Land3.88 acres (lot)

S Leaning Lot A, Tierra Amarilla, NM 87575

Property at 600 Moonbow Ave NE, Rio Rancho, NM 87144

$20,000

Land0.50 acre (lot)

600 Moonbow Ave NE, Rio Rancho, NM 87144

Property at 02 E Magnolia Rd, Garita, NM 88421

$7,000

Land5.00 acres (lot)

02 E Magnolia Rd, Garita, NM 88421

$30,000

Land1.00 acre (lot)

21st St, Rio Rancho, NM 87144

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Cheap Homes for Sale in New Mexico

There are currently 10759 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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