Cheap homes for sale & real estate in 87402, NM

65 homes

Sort:

Recommended

NEW 25 HRS AGO

ABOUT THIS HOME
Cheap Home for sale in 87402, NM:
HUGE UPDATES, DESIRABLE LOCATION! So many big ticket items just completed on this home including a Brand New Roof, New split HVAC unit with Refrigerated Cooling, New Water Heater and Upgraded Electrical service. Wonderful open floor plan, wood burning fireplace, upgraded lighting fixtures with LED ambiance mode, updated guest bathroom, primary bedroom with en-suite bathroom and walk-in closet. Bonus room that could be a family, den or game room, plenty of space for hobbies. HUGE covered back deck for entertaining, detached 12ft x 20ft storage building, fenced dog run and more! PRICED RIGHT!!

$335,000

4 beds2 baths1,836 sq ft

Open floor plan • Brand new roof • New water heater

5602 Arroyo Dr, Farmington, NM 87402

FOR SALE BY OWNER

ABOUT THIS HOME
Cheap Home for sale in 87402, NM:
Great little starter home or an investment property. Close to schools and shopping. Bath has walk-in shower. 3 bedrooms. Recently replaced furnace and roof resealed. Garage has insulation All Appliances convey even washer/dryer and dishwasher. Selling as-is

$250,000

3 beds1 bath912 sq ft

Roof resealed • Replaced furnace • Walk-in shower

3408 Tulane Ave, Farmington, NM 87402

ABOUT THIS HOME
Cheap Home for sale in 87402, NM:
Welcome home to this charming 2 bedroom, 1 bathroom home offering convenience and several recent updates. This home features an updated bathroom and resurfaced roof, providing peace of mind for the next owner. A one-car garage adds convenient parking and extra storage space.

$190,000

2 beds1 bath1,038 sq ft

One-car garage • Updated bathroom • Resurfaced roof

2406 Mabel Dr, Farmington, NM 87402

OPEN SAT, 10AM TO 11:30AM

ABOUT THIS HOME
Cheap Home for sale in 87402, NM:
There are homes, and then there are homes that have truly been loved. This is one of them! Nestled in a wonderful location, this incredibly charming three bedroom, two and a half bath home offers two spacious living areas and has been thoughtfully cared for and cherished for years. Every detail reflects the pride, craftsmanship, and memories that were poured into creating a place of comfort and belonging. The custom kitchen was designed with both beauty and function in mind, featuring handcrafted cabinetry, open shelving, and unique wood finishes that make the space warm and inviting. It is the heart of the home and a place where countless meals and memories were shared. The primary suite

$349,900

3 beds2.5 baths2,043 sq ft

Custom kitchen • Kitchenette • Unique wood finishes

4202 Terrace Dr, Farmington, NM 87402

ABOUT THIS HOME
Cheap Home for sale in 87402, NM:
Welcome to 5801 Tarry Terrace Drive, ideally located in the Foothills in one of the area's most desirable and quiet neighborhoods. This home offers a functional layout with two living areas, including a finished basement, with the primary suite located on the main level. Enjoy the convenience of being within walking distance to local schools, while still tucked away in a peaceful setting. The spacious backyard offers great potential to create your ideal outdoor space. While the home does need some repairs, it presents a great opportunity for buyers to add value and make it their own. Seller is open to negotiation on repairs with an acceptable offer. Home does have a pre-inspection report. D

$339,900

4 beds2.5 baths2,405 sq ft

Spacious backyard • Finished basement • 0.31 acre lot

5801 Tarry Terrace Dr, Farmington, NM 87402

Property at 3109 Centenary Ave, Farmington, NM 87402, 3 beds, 2 baths

$289,000

3 beds2 baths1,600 sq ft

3109 Centenary Ave, Farmington, NM 87402

Property at 5512 E Beech St, Farmington, NM 87402, 2 beds, 1 bath

$188,000

2 beds1 bath1,030 sq ft

5512 E Beech St, Farmington, NM 87402

Property at 6510 Logans Cove Pl, Farmington, NM 87402, 4 beds, 3 baths

$395,000

4 beds3 baths2,684 sq ft

6510 Logans Cove Pl, Farmington, NM 87402

Property at 5501 E Alder St, Farmington, NM 87402, 2 beds, 1 bath

$198,000

2 beds1 bath1,091 sq ft

5501 E Alder St, Farmington, NM 87402

Property at 3015 E 22nd St, Farmington, NM 87402, 3 beds, 2 baths

$324,900

3 beds2 baths1,460 sq ft

3015 E 22nd St, Farmington, NM 87402

Property at 5401 E 1st Ave, Farmington, NM 87402, 3 beds, 2 baths

$249,900

3 beds2 baths2,300 sq ft

5401 E 1st Ave, Farmington, NM 87402

Property at 4020 Cedar Dr, Farmington, NM 87402, 3 beds, 2 baths

$289,000

3 beds2 baths1,616 sq ft

4020 Cedar Dr, Farmington, NM 87402

Property at 2906 Yale Dr, Farmington, NM 87402, 3 beds, 1 bath

$247,000

3 beds1 bath1,269 sq ft

2906 Yale Dr, Farmington, NM 87402

Property at 5800 Hogan Ave, Farmington, NM 87402, 3 beds, 2.5 baths

$383,000

3 beds2.5 baths2,381 sq ft

5800 Hogan Ave, Farmington, NM 87402

Property at 5784 Chance Ln, Farmington, NM 87402, 3 beds, 2 baths

$339,000

3 beds2 baths1,162 sq ft

5784 Chance Ln, Farmington, NM 87402

Property at 4100 Rowe Ave, Farmington, NM 87402, 2 beds, 2 baths

$259,500

2 beds2 baths1,746 sq ft

4100 Rowe Ave, Farmington, NM 87402

Property at 5010 Monteagle Dr, Farmington, NM 87402, 3 beds, 2 baths

$385,000

3 beds2 baths1,638 sq ft

5010 Monteagle Dr, Farmington, NM 87402

Property at 3804 Windsor Dr, Farmington, NM 87402, 3 beds, 2 baths

$236,500

3 beds2 baths1,440 sq ft

3804 Windsor Dr, Farmington, NM 87402

Property at 6401 Lakewood St, Farmington, NM 87402

$450,000

Land12.00 acres (lot)

6401 Lakewood St, Farmington, NM 87402

Property at 6711 Sandrock Ct, Farmington, NM 87402

$75,000

Land6,970 sq ft (lot)

6711 Sandrock Ct, Farmington, NM 87402

Property at 6405 Bent Tree Cir, Farmington, NM 87402

$57,000

Land

6405 Bent Tree Cir, Farmington, NM 87402

Property at 6719 Sandrock Ct, Farmington, NM 87402

$95,000

Land0.34 acre (lot)

6719 Sandrock Ct, Farmington, NM 87402

Property at 6727 Sandrock Ct, Farmington, NM 87402

$95,000

Land8,712 sq ft (lot)

6727 Sandrock Ct, Farmington, NM 87402

Property at 6735 Sandrock Ct, Farmington, NM 87402

$95,000

Land8,712 sq ft (lot)

6735 Sandrock Ct, Farmington, NM 87402

Property at 6312 Titleist Ct, Farmington, NM 87402

$67,000

Land0.44 acre (lot)

6312 Titleist Ct, Farmington, NM 87402

Property at X Marseille Blvd, Farmington, NM 87402

$60,000

Land5.00 acres (lot)

X Marseille Blvd, Farmington, NM 87402

Property at XX Hood Mesa Trl, Farmington, NM 87402

$138,000

Land4.00 acres (lot)

XX Hood Mesa Trl, Farmington, NM 87402

Property at 6715 Big Cedar Rd, Farmington, NM 87402

$85,000

Land7,405 sq ft (lot)

6715 Big Cedar Rd, Farmington, NM 87402

Property at 6722 Sandrock Ct, Farmington, NM 87402

$95,000

Land

6722 Sandrock Ct, Farmington, NM 87402

Property at 6731 Sandrock Ct, Farmington, NM 87402

$95,000

Land8,712 sq ft (lot)

6731 Sandrock Ct, Farmington, NM 87402

Property at 2719 Rabbitbrush Dr, Farmington, NM 87402

$24,099

Land9,583 sq ft (lot)

2719 Rabbitbrush Dr, Farmington, NM 87402

Property at 6240 Anasazi Trl, Farmington, NM 87402

$250,000

Land5.00 acres (lot)

6240 Anasazi Trl, Farmington, NM 87402

Property at NYA Cactus Trl, Farmington, NM 87402

$410,000

Land2.00 acres (lot)

NYA Cactus Trl, Farmington, NM 87402

Property at NYA E Main St, Farmington, NM 87402

$250,000

Land40.00 acres (lot)

NYA E Main St, Farmington, NM 87402

Property at 5933 Vista Del Rio Ct, Farmington, NM 87402

$149,000

Land0.86 acre (lot)

5933 Vista Del Rio Ct, Farmington, NM 87402

Property at LOT 13 Silver Maple Ct, Farmington, NM 87402

$100,000

Land1.00 acre (lot)

LOT 13 Silver Maple Ct, Farmington, NM 87402

Property at 5505 The Greens Ct, Farmington, NM 87402

$71,000

Land0.37 acre (lot)

5505 The Greens Ct, Farmington, NM 87402

Property at 8001 E Main St, Farmington, NM 87401

$449,900

Land9.00 acres (lot)

8001 E Main St, Farmington, NM 87401

Property at 4700 Hilltop Ct, Farmington, NM 87402

$102,000

Land2.00 acres (lot)

4700 Hilltop Ct, Farmington, NM 87402

Property at LOT 15 Silver Maple Ct, Farmington, NM 87402

$100,000

Land1.00 acre (lot)

LOT 15 Silver Maple Ct, Farmington, NM 87402

Property at XX E Main St, Farmington, NM 87401

$300,000

Land1.00 acre (lot)

XX E Main St, Farmington, NM 87401

Viewing page 1 of 2

Cheap Homes for Sale in 87402

There are currently 65 cheap homes for sale in 87402 at a median listing price of $383K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in 87402 stay on the market for 39 days. This map is refreshed with the newest listings in 87402 every 15 minutes.

In the past month, 14 homes have been sold in 87402. In addition to houses in 87402, there was also 1 condo, 4 townhouses, and 1 multi-family unit for sale in 87402 last month. Find your dream home in 87402 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 87402 are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in 87402. If you're looking to sell your home in the 87402 area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in 87402 with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

More real estate resources for 87402, NM

Nearby Zip Codes

Cities

Nearby Zip Codes with Cheap Homes

Nearby Cities with Cheap Homes

More to explore in 87402, NM

How to buy a house in 87402, NM

How much house can I afford?

How to buy a house in 10 steps

First-time homebuyer's guide

See more home buying guides

Popular Markets in New Mexico

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.