Cheap homes for sale & real estate in 87031, NM

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3D WALKTHROUGH

ABOUT THIS HOME
Cheap Home for sale in 87031, NM:
Set on 2.5 acres, this 3-bedroom, 2-bath home with a 2-car garage offers privacy, space, and endless possibilities. Featuring a wood-burning stove, refrigerated air window units, ceiling fans, and appliances. This home provides an opportunity to make it your own, with room to expand and the freedom of open land. Create a home that fits your lifestyle!

$190,000

3 beds2 baths2,151 sq ft

42 Manzano Rd, Los Lunas, NM 87031

Open land • Refrigerated air • Wood-burning stove

ABOUT THIS HOME
Cheap Home for sale in 87031, NM:
This is a fantastic opportunity for first-time buyers or investors seeking a flip. This 3 bed, 2 bath, 1,701 sqft home sits on 1.39 acres and features an excellent layout with spacious living areas, a large kitchen, and natural light throughout. With some updates, this fixer can build instant equity or deliver strong rental/resale returns. The lot provides room for outdoor living, or room to expand. No HOA so your options are endless.

$189,000

3 beds2 baths1,736 sq ft

47 Turner Dr, Los Lunas, NM 87031

1.39 acre lot • Garage • Built 1997

ABOUT THIS HOME
Cheap Home for sale in 87031, NM:
Step into this delightful split-level home on 2 peaceful acres w/ stunning panoramic views. Updated with NEW synthetic stucco, this home features open-concept kitchen, living, and dining area, filled with natural light and warm character. 2 wood burning fireplaces in the living areas, an oversized utility room. Horses are welcome, and a chicken coop is ready for use. Experience the space, beauty, and tranquility this property has to offers.

$365,000

3 beds2 baths1,864 sq ft

50 Clinger Ln, Los Lunas, NM 87031

Open-concept kitchen • Panoramic views • Synthetic stucco

3D WALKTHROUGH

ABOUT THIS HOME
Cheap Home for sale in 87031, NM:
This . 71 corner acre lot offers a standout opportunity, featuring an existing 3-bedroom, 2-bath residence that serves as a strong foundation for redevelopment, updates, or future planning. The expansive grounds provide flexibility for new construction, strategic enhancements, or long-term value growth, with plenty of space to reimagine the property through outdoor living areas, additional structures, or creative landscaping. Its corner location ensures convenient access and a prominent presence, while the combination of size, location, and versatility makes this parcel truly rare. Ideal for investors, developers, or anyone seeking room to grow, this lot is a blank canvas for endless possib

$150,000

3 beds2 baths935 sq ft

310 El Cerro Loop, Los Lunas, NM 87031

One acre corner lot • Corner location • Existing residence

ABOUT THIS HOME
Cheap Home for sale in 87031, NM:
Opportunity awaits! This 3-bedroom, 2-bath home is ready for someone with vision and the right tools to bring it back to life. The property needs repairs and updates throughout but offers a solid layout and great potential. Perfect for an investor, flipper, or handy buyer looking for their next project.

$99,000

3 beds2 baths1,350 sq ft

259 Lopez Rd SE, Los Lunas, NM 87031

0.3 acre lot • Garage • Built 2008

Property at 1811 Camino Rustica SW, Los Lunas, NM 87031, 3 beds, 2 baths

$299,500

3 beds2 baths1,604 sq ft

1811 Camino Rustica SW, Los Lunas, NM 87031

Property at 12 Juniper Pl, Los Lunas, NM 87031, 3 beds, 2 baths

$264,000

3 beds2 baths1,535 sq ft

12 Juniper Pl, Los Lunas, NM 87031

Property at 500 John John Dr, Los Lunas, NM 87031, 2 beds, 1 bath

$219,900

2 beds1 bath984 sq ft

500 John John Dr, Los Lunas, NM 87031

Property at 13 Wilson Rd, Los Lunas, NM 87031, 3 beds, 2.5 baths

$320,000

3 beds2.5 baths1,757 sq ft

13 Wilson Rd, Los Lunas, NM 87031

Property at 1505 Calle Oeste NW, Los Lunas, NM 87031, 3 beds, 2 baths

$359,990

3 beds2 baths1,519 sq ft

1505 Calle Oeste NW, Los Lunas, NM 87031

Property at 5379 La Cueva St SW, Los Lunas, NM 87031, 4 beds, 2 baths

$362,275

4 beds2 baths1,907 sq ft

5379 La Cueva St SW, Los Lunas, NM 87031

Listing provided by Zillow

Property at 2040 Gomez Dr SW, Los Lunas, NM 87031, 3 beds, 2 baths

$270,000

3 beds2 baths1,199 sq ft

2040 Gomez Dr SW, Los Lunas, NM 87031

Property at 1933 Tesoro Loop NW, Los Lunas, NM 87031, 4 beds, 2 baths

$396,000

4 beds2 baths1,852 sq ft

1933 Tesoro Loop NW, Los Lunas, NM 87031

Property at 8 Avenida Valencia Ct, Los Lunas, NM 87031, 3 beds, 2 baths

$149,000

3 beds2 baths1,536 sq ft

8 Avenida Valencia Ct, Los Lunas, NM 87031

Property at 612 Wanda St SW, Los Lunas, NM 87031, 3 beds, 2 baths

$254,900

3 beds2 baths1,212 sq ft

612 Wanda St SW, Los Lunas, NM 87031

Property at 1481 Brillo Del Cielo St NW, Los Lunas, NM 87031, 4 beds, 2.5 baths

$411,170

4 beds2.5 baths2,078 sq ft

1481 Brillo Del Cielo St NW, Los Lunas, NM 87031

Property at 1501 Brillo Del Cielo St NW, Los Lunas, NM 87031, 3 beds, 2.5 baths

$402,720

3 beds2.5 baths1,883 sq ft

1501 Brillo Del Cielo St NW, Los Lunas, NM 87031

Property at 1489 Calle Oeste NW, Los Lunas, NM 87031, 3 beds, 2 baths

$349,990

3 beds2 baths1,519 sq ft

1489 Calle Oeste NW, Los Lunas, NM 87031

Property at 245 Piedra Lisa Ave SW, Los Lunas, NM 87031, 3 beds, 2 baths

$366,330

3 beds2 baths1,501 sq ft

245 Piedra Lisa Ave SW, Los Lunas, NM 87031

Listing provided by Zillow

Property at 221 Piedra Lisa Ave SW, Los Lunas, NM 87031, 3 beds, 2 baths

$346,640

3 beds2 baths1,649 sq ft

221 Piedra Lisa Ave SW, Los Lunas, NM 87031

Listing provided by Zillow

Property at 10 Nancy St, Los Lunas, NM 87031, 3 beds, 2.5 baths

$325,000

3 beds2.5 baths1,837 sq ft

10 Nancy St, Los Lunas, NM 87031

Property at 2214 Calle De Ortiz SW, Los Lunas, NM 87031, 3 beds, 2 baths

$355,000

3 beds2 baths1,770 sq ft

2214 Calle De Ortiz SW, Los Lunas, NM 87031

Property at 679 Meadow Lake Rd, Los Lunas, NM 87031, 3 beds, 2 baths

$235,000

3 beds2 baths1,144 sq ft

679 Meadow Lake Rd, Los Lunas, NM 87031

Property at 22 Miguel Rd, Los Lunas, NM 87031, 2 beds, 1 bath

$150,800

2 beds1 bath1,684 sq ft

22 Miguel Rd, Los Lunas, NM 87031

Property at 5 Senorita Ct, Los Lunas, NM 87031, 3 beds, 2 baths

$210,000

3 beds2 baths1,512 sq ft

5 Senorita Ct, Los Lunas, NM 87031

Property at 2260 Firewheel Ave SW, Los Lunas, NM 87031, 3 beds, 2 baths

$355,000

3 beds2 baths1,850 sq ft

2260 Firewheel Ave SW, Los Lunas, NM 87031

Property at 477 Diana Dr, Los Lunas, NM 87031, 3 beds, 3 baths

$260,000

3 beds3 baths2,044 sq ft

477 Diana Dr, Los Lunas, NM 87031

Property at 45 Jerome Rd, Los Lunas, NM 87031, 3 beds, 2 baths

$269,000

3 beds2 baths2,362 sq ft

45 Jerome Rd, Los Lunas, NM 87031

Property at 1831 Tesoro Loop NW, Los Lunas, NM 87031, 3 beds, 2 baths

$349,000

3 beds2 baths1,568 sq ft

1831 Tesoro Loop NW, Los Lunas, NM 87031

Property at Manzano Plan, Los Lunas, NM 87031, 4 beds, 2.5 baths

$430,990

4 beds2.5 baths2,127 sq ft

Manzano Plan, Los Lunas, NM 87031

Listing provided by Zillow

Property at 360 Taylor Rd NE, Los Lunas, NM 87031, 3 beds, 2 baths

$335,000

3 beds2 baths1,643 sq ft

360 Taylor Rd NE, Los Lunas, NM 87031

Property at 1772 Valle Vista Rd NW, Los Lunas, NM 87031, 3 beds, 2 baths

$315,000

3 beds2 baths1,292 sq ft

1772 Valle Vista Rd NW, Los Lunas, NM 87031

Property at 3305 Highway 47, Los Lunas, NM 87031, 2 beds, 1.5 baths

$230,000

2 beds1.5 baths1,126 sq ft

3305 Highway 47, Los Lunas, NM 87031

Property at 266 Piedra Lisa Ave SW, Los Lunas, NM 87031, 4 beds, 2 baths

$343,235

4 beds2 baths1,907 sq ft

266 Piedra Lisa Ave SW, Los Lunas, NM 87031

Listing provided by Zillow

Property at 22 Calle Guaymas, Los Lunas, NM 87031, 3 beds, 2 baths

$348,080

3 beds2 baths1,690 sq ft

22 Calle Guaymas, Los Lunas, NM 87031

Listing provided by Zillow

Property at 1481 Calle Oeste NW, Los Lunas, NM 87031, 4 beds, 2 baths

$371,740

4 beds2 baths1,602 sq ft

1481 Calle Oeste NW, Los Lunas, NM 87031

Property at 2020 Panda Dr SW, Los Lunas, NM 87031, 3 beds, 2 baths

$245,000

3 beds2 baths1,284 sq ft

2020 Panda Dr SW, Los Lunas, NM 87031

Property at 600 Jubilee Blvd SW, Los Lunas, NM 87031, 2 beds, 2 baths

$349,500

2 beds2 baths1,554 sq ft

600 Jubilee Blvd SW, Los Lunas, NM 87031

Property at 590 Rio Chama Cir SW, Los Lunas, NM 87031, 3 beds, 2 baths

$450,000

3 beds2 baths2,050 sq ft

590 Rio Chama Cir SW, Los Lunas, NM 87031

Property at 51 Airport Dr, Los Lunas, NM 87031, 3 beds, 2 baths

$380,000

3 beds2 baths1,680 sq ft

51 Airport Dr, Los Lunas, NM 87031

Property at 2621 Scarlet Sage Rd SW, Los Lunas, NM 87031, 3 beds, 2.5 baths

$385,000

3 beds2.5 baths2,041 sq ft

2621 Scarlet Sage Rd SW, Los Lunas, NM 87031

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Cheap Homes for Sale in 87031

There are currently 376 cheap homes for sale in 87031 at a median listing price of $360K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in 87031 stay on the market for 99 days. This map is refreshed with the newest listings in 87031 every 15 minutes.

In the past month, 34 homes have been sold in 87031. In addition to houses in 87031, there were also 0 condos, 6 townhouses, and 1 multi-family unit for sale in 87031 last month. Find your dream home in 87031 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 87031 are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in 87031. If you're looking to sell your home in the 87031 area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in 87031 with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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