Cheap homes for sale & real estate in 87016, NM

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ABOUT THIS HOME
Cheap Home for sale in 87016, NM:
This 1232 square foot 3 bedroom, 2 bath home within the Town of Estancia, NM, is move-in ready and would be a great starter home, rental or retirement home. This home has had a number of upgrades since the seller purchased in 2021 - roof, refrigerator, gas cook stove, dishwasher, kitchen cabinets and countertops and more. There is a lean to greenhouse for growing enthusiasts, a chicken coop and a duck pen; his could be a great mini-farm. Estancia is an easy commute to either Albuquerque or Santa Fe. All offers considered. ,

$169,000

3 beds2 baths1,232 sq ft

1106 W Leonard Ave, Estancia, NM 87016

0.26 acre lot • Garage • Built 1975

ABOUT THIS HOME
Cheap Home for sale in 87016, NM:
This property located in Estancia is on 10 acres and features 3 bedrooms and 2.5 bathrooms. The sunken living room has a fireplace. Two car attached garage. Appx. 1 hour to Albuquerque and 90 minutes to Santa Fe.

$209,000

3 beds2.5 baths2,073 sq ft

45 Akin Farm Rd, Estancia, NM 87016

10 acre lot • 2 garage spots • Built 1990

ABOUT THIS HOME
Cheap Home for sale in 87016, NM:
This single-wide manufactured home located in Estancia, NM, is located in the Salt Mission Mobile Home & RV Park and is now available for sale. 21st Mortgage will finance with 3% down, plus closing fees. Land lease is $450/month, home is connected to City water and sewer, CNME provides power. The home is all electric, water and sewer are added to the monthly lot lease payment. Buyer to establish electric account. The home has fresh paint, a new dishwasher and new refrigerator. This is a nice clean home that is move-in ready.

$89,000

2 beds1 bath864 sq ft

400 4th, Site 56 St, Estancia, NM 87016

Move-in ready • Manufactured home • New refrigerator

ABOUT THIS HOME
Cheap Home for sale in 87016, NM:
This Torrance County, New Mexico 10-acre horse property has beautiful views of the Manzano Mountains, good blue gramma grass for grazing and is located on a paved road just south of the Town of Estancia. The manufactured home is 1900 sf with 3 bedrooms, 2 full baths and a lovely wrap around porch. The horse facilities consist of a 40x20 run-in shed, space for hay storage and a large corral. Come enjoy the peace and quite of the Estancia Valley. Albuquerque is under an hour and Santa Fe is just over an hour. This is country living at its best, come on out and see for yourself.

$307,000

3 beds2 baths1,900 sq ft

144 Valdez Rd, Estancia, NM 87016

Wrap around porch • Paved road • Horse property

ABOUT THIS HOME
Cheap Home for sale in 87016, NM:
This affordable remodeled home is a must-see! Upgraded/updated in 2025 with new flooring, modern lighting, complete re-pipe plumbing, and fresh tape and texture throughout, the property offers both style and peace of mind. The kitchen shines with custom cabinets, stylish countertops, and dishwasher (2025). Additional improvements made in 2025; include a water heater, septic system, updated toilets, fresh paint inside and out, resurfaced roof, and interior/exterior doors, vinyl windows, and blinds! The home also features refrigerated air, new skirting and a renovated guest tub with surround. Don't miss out on this move-in affordable ready gem--schedule your tour today!

$178,900

3 beds2 baths1,360 sq ft

16 Karah Ave, Estancia, NM 87016

1.01 acre lot • Built 1995 • Listed 24 days

Property at 1320 Williams Ave, Estancia, NM 87016, 3 beds, 2 baths

$250,000

3 beds2 baths900 sq ft

1320 Williams Ave, Estancia, NM 87016

Property at 203 N Lassiter St, Estancia, NM 87016, 3 beds, 2 baths

$65,000

3 beds2 baths1,680 sq ft

203 N Lassiter St, Estancia, NM 87016

Property at 1 Apple Mountain Rd, Estancia, NM 87016, 3 beds, 2.5 baths

$449,000

3 beds2.5 baths3,030 sq ft

1 Apple Mountain Rd, Estancia, NM 87016

Property at County Rd A052 Tract A, Estancia, NM 87016

$427,000

— beds— baths— sq ft

County Rd A052 Tract A, Estancia, NM 87016

Property at 715 N Walker St, Estancia, NM 87016, 3 beds, 2 baths

$185,000

3 beds2 baths1,830 sq ft

715 N Walker St, Estancia, NM 87016

Property at 70 Akin Farm Road Rd, Estancia, NM 87016

$410,000

— beds— baths1,400 sq ft

70 Akin Farm Road Rd, Estancia, NM 87016

Property at 8860 State Hwy 55, Estancia, NM 87016, 3 beds, 2 baths

$365,000

3 beds2 baths1,544 sq ft

8860 State Hwy 55, Estancia, NM 87016

Property at 1101 Clark Ave, Estancia, NM 87016, 3 beds, 2 baths

$85,000

3 beds2 baths1,026 sq ft

1101 Clark Ave, Estancia, NM 87016

Property at 22 La Miga Canyon Rd, Estancia, NM 87016, 1 bed, 1 bath

$225,000

1 bed1 bath1,089,000 sq ft

22 La Miga Canyon Rd, Estancia, NM 87016

Property at 314 S 9th Ave, Estancia, NM 87016, 2 beds, 1 bath

$165,000

2 beds1 bath984 sq ft

314 S 9th Ave, Estancia, NM 87016

Property at 1560 Nm-41, Estancia, NM 87016

$420,000

— beds— baths— sq ft

1560 Nm-41, Estancia, NM 87016

Property at Lot 117 S, Estancia, NM 87016

$14,000

— beds— baths— sq ft

Lot 117 S, Estancia, NM 87016

Property at 92 La Miga Canyon Rd, Estancia, NM 87016

$205,000

— beds— baths— sq ft

92 La Miga Canyon Rd, Estancia, NM 87016

Property at Columbine (u2 Bc L33) .995 Ac., Estancia, NM 87016

$5,000

— beds— baths— sq ft

Columbine (u2 Bc L33) .995 Ac., Estancia, NM 87016

Property at 0 Lariat Loop, Estancia, NM 87016

$10,950

— beds— baths— sq ft

0 Lariat Loop, Estancia, NM 87016

Property at Spangler~155ac Estancia Land, Estancia, NM 87016

$139,500

— beds— baths— sq ft

Spangler~155ac Estancia Land, Estancia, NM 87016

Property at 44 Forest Rd 321, Estancia, NM 87016

$280,000

— beds— baths— sq ft

44 Forest Rd 321, Estancia, NM 87016

$14,000

— beds— baths— sq ft

Lot 117 S, Estancia, NM 87016

Property at Mission Hills Lot 16, Estancia, NM 87016

$85,000

— beds— baths— sq ft

Mission Hills Lot 16, Estancia, NM 87016

Property at Clara Ln, Mcintosh, NM 87032

$6,000

— beds— baths— sq ft

Clara Ln, Mcintosh, NM 87032

Property at Bluegrass Rd Tract 1s, Estancia, NM 87016

$20,000

— beds— baths— sq ft

Bluegrass Rd Tract 1s, Estancia, NM 87016

Property at Langley Langley Tract 2 40acre, Estancia, NM 87016

$50,000

— beds— baths— sq ft

Langley Langley Tract 2 40acre, Estancia, NM 87016

Property at Cr Rd A044, Torreon, NM 87016

$9,250

— beds— baths— sq ft

Cr Rd A044, Torreon, NM 87016

Property at W Howell Rd, Estancia, NM 87016

$68,000

— beds— baths— sq ft

W Howell Rd, Estancia, NM 87016

Property at Wilson Ranch Lot#8, Tajique, NM 87016

$12,000

— beds— baths— sq ft

Wilson Ranch Lot#8, Tajique, NM 87016

Property at 603 Marshall Rd, Estancia, NM 87016

$125,000

— beds— baths— sq ft

603 Marshall Rd, Estancia, NM 87016

Property at Spencer Ranch Rd, Mountainair, NM 87036

$240,000

— beds— baths— sq ft

Spencer Ranch Rd, Mountainair, NM 87036

Property at Mission Hills Lot 21, Estancia, NM 87016

$85,000

— beds— baths— sq ft

Mission Hills Lot 21, Estancia, NM 87016

Property at Twin Peaks Court Lot 16, Estancia, NM 87016

$53,000

— beds— baths— sq ft

Twin Peaks Court Lot 16, Estancia, NM 87016

Property at 140 Quiet Valley Dr, Estancia, NM 87016

$65,000

— beds— baths— sq ft

140 Quiet Valley Dr, Estancia, NM 87016

Property at 2 Lots Torreon Heights Rd, Torreon, NM 87016

$75,000

— beds— baths— sq ft

2 Lots Torreon Heights Rd, Torreon, NM 87016

$45,000

— beds— baths— sq ft

5th St, Estancia, NM 87016

Property at 0 Rosewood Dr #8, Tajique, NM 87016

$32,500

— beds— baths— sq ft

0 Rosewood Dr #8, Tajique, NM 87016

Property at Mission Hills Rd Tract E, Estancia, NM 87016

$200,000

— beds— baths— sq ft

Mission Hills Rd Tract E, Estancia, NM 87016

Property at Lot 20-22 Block 8 Tract 12, Estancia, NM 87016

$10,000

— beds— baths— sq ft

Lot 20-22 Block 8 Tract 12, Estancia, NM 87016

Property at 170 Quiet Valley Dr, Estancia, NM 87016

$60,000

— beds— baths— sq ft

170 Quiet Valley Dr, Estancia, NM 87016

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Cheap Homes for Sale in 87016

There are currently 80 cheap homes for sale in 87016 at a median listing price of $449K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in 87016 stay on the market for 71 days. This map is refreshed with the newest listings in 87016 every 15 minutes.

In the past month, 2 homes have been sold in 87016. In addition to houses in 87016, there were also 0 condos, 0 townhouses, and 1 multi-family unit for sale in 87016 last month. Find your dream home in 87016 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 87016 are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in 87016. If you're looking to sell your home in the 87016 area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in 87016 with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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