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

10,756 homes

Sort:

Recommended

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

ABOUT THIS HOME
Cheap Home for sale in New Mexico, NM:
ESCAPE THE HEAT IN THIS DESERT OASIS! Nestled in the historic 49 Blocks district, this remarkable property offers a rare opportunity to create your ideal retreat while investing in productive, well-watered land with lasting value. Productive Land with Water Rights & a Thriving Pecan Orchard Located in a fertile, well-irrigated Acequia region, this historic parcel—known as the “49 Blocks”—includes recorded water rights and a mature pecan orchard currently yielding more than 600 pounds annually, with continued growth potential. Key Features · Recorded water rights in the historic Acequia irrigation system with convenient corner access to the main water f

$185,000

Land0.71 acre (lot)

Scenic acreage • Established plumbing • Mature pecan orchard

1008 3rd St, Tularosa, NM 88352

ABOUT THIS HOME
Cheap Home for sale in New Mexico, NM:
Perfect Lot to build your dream home. Call your favorite realtor today to ask about this 2.75-acre lot. Coop water meter is included & electricity is located near the property, all you need is septic.

$75,000

Land2.76 acres (lot)

Coop water meter

547 N 26th St, Artesia, NM 88210

ABOUT THIS HOME
Cheap Home for sale in New Mexico, NM:
Beautiful mountain scenery surrounds this property! These 3 acres sit on a corner lot and is perfect for building your dream home in wide open spaces. Double wide home acceptable. No HOA. Single family w/ 850 square feet minimum. Could have guest house not larger that 1000 square feet. See restricting covenants.

$18,500

Land3.00 acres (lot)

Guest house • Corner lot

200 Anvil Rd, Carrizozo, NM 88301

ABOUT THIS HOME
Cheap Home for sale in New Mexico, NM:
Prime Edgewood land! Build your dream home on this mostly level 5 acre lot! This desirable area is conveniently located right off of paved N Weimer Road and within minutes to all the amenities that Edgewood has to offer. One of three 5 acre lots on N Weimer that can be purchased as a PACKAGE DEAL! OWNER FINANCE POSSIBLE! Preferred terms based on list price: 8% interest, 20% down, may finance up to 5 years depending on overall terms.

$59,500

Land5.00 acres (lot)

Minutes to amenities • Paved n weimer road

N Weimer Rd, Edgewood, NM 87015

ABOUT THIS HOME
Cheap Home for sale in New Mexico, NM:
Welcome to the beautiful Cedar Crest New Mexico. These 4 lots offer great privacy and amazing views! Featuring a private well on one lot and underground electricity available for each. Don't miss this rare opportunity!

$400,000

Land8.99 acres (lot)

Amazing views • Private well • Great privacy

Tierra Vista Trl, Cedar Crest, NM 87008

Property at 3 Acres Cordillera Tract C 3 A, Ranchos De Taos, NM 87557

$150,000

Land3.00 acres (lot)

3 Acres Cordillera Tract C 3 A, Ranchos De Taos, NM 87557

Property at 40 Beautiul Acres, Edgewood, NM 87015

$300,000

Land39.36 acres (lot)

40 Beautiul Acres, Edgewood, NM 87015

Property at Mallard Ave, Roswell, NM 88201

$30,000

Land4.97 acres (lot)

Mallard Ave, Roswell, NM 88201

Property at 6525 Valle Del Rio Dr Unit 2C, La Mesa, NM 88044

$120,000

Land1.00 acre (lot)

6525 Valle Del Rio Dr Unit 2C, La Mesa, NM 88044

Property at Mackenzie (lots 22-25) Dr NE, Rio Rancho, NM 87144

$9,200

Land2.00 acres (lot)

Mackenzie (lots 22-25) Dr NE, Rio Rancho, NM 87144

Property at PN Shiprock Rd, Chaparral, NM 88081

$350,000

Land20.00 acres (lot)

PN Shiprock Rd, Chaparral, NM 88081

Property at BLK 2 Corona Dr, Abiquiu, NM 87510

$56,880

Land9.48 acres (lot)

BLK 2 Corona Dr, Abiquiu, NM 87510

Property at West Impala Ct, Moriarty, NM 87035

$115,000

Land1.00 acre (lot)

West Impala Ct, Moriarty, NM 87035

Property at 11 Avenida Vieja, Lamy, NM 87540

$199,000

Land16.82 acres (lot)

11 Avenida Vieja, Lamy, NM 87540

Property at 6004 Rita St, Farmington, NM 87401

$32,500

Land1.00 acre (lot)

6004 Rita St, Farmington, NM 87401

Property at 2 Lots +/- 1.5 Ac Unit 8, Rio Rancho, NM 87124

$42,000

Land1.50 acres (lot)

2 Lots +/- 1.5 Ac Unit 8, Rio Rancho, NM 87124

Property at 2160 Sonora Ave U17 B111 L18/19, Rio Rancho, NM 87144

$130,000

Land1.00 acre (lot)

2160 Sonora Ave U17 B111 L18/19, Rio Rancho, NM 87144

Property at 6525 Valle Del Rio Dr Unit 2D, La Mesa, NM 88044

$135,000

Land1.36 acres (lot)

6525 Valle Del Rio Dr Unit 2D, La Mesa, NM 88044

Property at TBD Gideon Ct, Abiquiu, NM 87510

$88,896

Land19.75 acres (lot)

TBD Gideon Ct, Abiquiu, NM 87510

Property at Canyon Dr, Albuquerque, NM 87121

$150,000

Land17.58 acres (lot)

Canyon Dr, Albuquerque, NM 87121

Property at Abrahames St, Moriarty, NM 87035

$33,000

Land1.95 acres (lot)

Abrahames St, Moriarty, NM 87035

Property at Lot 16 Mount Hood Dr, Ruidoso, NM 88345

$25,000

Land0.69 acre (lot)

Lot 16 Mount Hood Dr, Ruidoso, NM 88345

Property at Lot 38 Camino Terrestrial, Los Lunas, NM 87031

$35,000

Land10.23 acres (lot)

Lot 38 Camino Terrestrial, Los Lunas, NM 87031

Property at 13901 Lomas Blvd NE Unit 20-A-5, Albuquerque, NM 87112

$125,000

Land7,797 sq ft (lot)

13901 Lomas Blvd NE Unit 20-A-5, Albuquerque, NM 87112

Property at Good Sight, Deming, NM 88030

$32,000

Land34.00 acres (lot)

Good Sight, Deming, NM 88030

Property at 0 Troncadero Rd SE, Deming, NM 88030

$3,500

Land1.00 acre (lot)

0 Troncadero Rd SE, Deming, NM 88030

Property at 35 Plus Acres Off Highway 522 And Myers, Costilla, NM 87524

$426,600

Land35.37 acres (lot)

35 Plus Acres Off Highway 522 And Myers, Costilla, NM 87524

Property at TBD Rainbow Overlook Lot 1229re Amended A, Angel Fire, NM 87710

$242,000

Land1.53 acres (lot)

TBD Rainbow Overlook Lot 1229re Amended A, Angel Fire, NM 87710

Property at Lot 1156 Cyprus Pt, Angel Fire, NM 87110

$129,000

Land0.39 acre (lot)

Lot 1156 Cyprus Pt, Angel Fire, NM 87110

Property at Lot 7 Pine Valey, Angel Fire, NM 87710

$29,900

Land0.50 acre (lot)

Lot 7 Pine Valey, Angel Fire, NM 87710

Property at College/e Ter, Grants, NM 87020

$28,000

Land0.84 acre (lot)

College/e Ter, Grants, NM 87020

Property at Unit 4 Bk 6 Lots 45/46, Rio Rancho, NM 87124

$18,000

Land1.00 acre (lot)

Unit 4 Bk 6 Lots 45/46, Rio Rancho, NM 87124

Property at 2 Lots Camelot & Excalibur, Rio Rancho, NM 87144

$47,500

Land2.00 acres (lot)

2 Lots Camelot & Excalibur, Rio Rancho, NM 87144

Property at 4329 Unser Blvd NW, Rio Rancho, NM 87144

$6,000

Land0.50 acre (lot)

4329 Unser Blvd NW, Rio Rancho, NM 87144

Property at 4325 Unser Blvd NE, Rio Rancho, NM 87144

$6,000

Land0.50 acre (lot)

4325 Unser Blvd NE, Rio Rancho, NM 87144

Property at Sandhill Ave, Roswell, NM 88201

$30,000

Land4.98 acres (lot)

Sandhill Ave, Roswell, NM 88201

Property at 6525 Valle Del Rio Dr Unit 2B, La Mesa, NM 88044

$120,000

Land1.00 acre (lot)

6525 Valle Del Rio Dr Unit 2B, La Mesa, NM 88044

Property at 61 Tierre Verde St, Pinehill, NM 87357

$18,000

Land10.47 acres (lot)

61 Tierre Verde St, Pinehill, NM 87357

Property at N Weimer North Rd, Stanley, NM 87056

$62,500

Land5.00 acres (lot)

N Weimer North Rd, Stanley, NM 87056

Property at 237 Cummings Dr, Ruidoso, NM 88345

$275,000

Land0.63 acre (lot)

237 Cummings Dr, Ruidoso, NM 88345

Property at Tamarack Rd SE, Deming, NM 88030

$3,900

Land1.50 acres (lot)

Tamarack Rd SE, Deming, NM 88030

Viewing page 98 of 263

Cheap Homes for Sale in New Mexico

There are currently 10749 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.