Cheap homes for sale & real estate in 88337, NM

19 homes

Sort:

Recommended

ABOUT THIS HOME
Cheap Home for sale in 88337, NM:
Welcome to your own slice of the Land of Enchantment! This charming 3-bedroom, 2-bathroom home sits on 15 beautiful acres in the desirable La Luz area, offering space, privacy, and stunning natural surroundings. The property borders Lincoln National Forest and City of Alamogordo-owned land, providing an incredible sense of privacy and access to the beauty of the surrounding landscape. La Luz Creek runs through the lower portion of the property, adding to its unique character and natural appeal. Inside, enjoy the warmth and charm of a wood-burning stove, along with brand-new LVP flooring throughout the entire home. Mini-splits in every room provide efficient heating and cooling, while a reve

$399,500

3 beds2 baths1,498 sq ft

Covered deck • Privacy • Rv parking

172 La Luz Cyn, La Luz, NM 88337

ABOUT THIS HOME
Cheap Home for sale in 88337, NM:
SPRING WATER COMES WITH THIS PROPERTY! Come see this beautiful 3-acre property in La Luz with stunning mountain views and a peaceful, private setting. Well maintained modular with 2x6 construction on a permanent foundation and move-in ready condition. Large covered decks on front and back of home, spacious rooms, updated primary bathroom with a soaking tub, shower, double sinks and the primary bedroom has in addition to a normal sized walk-in closet, a very large walk-in closet. Living room and dining room have a pellet stoves. Kitchen has beautiful cabinets, quartz counter tops plus all appliances are included. The property has year-round spring water with 1/4 surface water rights, a large

$295,000

3 beds2 baths1,530 sq ft

3 acre property • Large covered decks • Private setting

23 Arabian Ln, La Luz, NM 88337

FOR SALE BY OWNER

ABOUT THIS HOME
Cheap Home for sale in 88337, NM:
Adobe brick home on quiet street. 2 car garage with extra parking on side of house. Large rooms , two living areas as well as an additional room on the back of the house that is a great space for a child& apos; s playroom or artists room. Front of the house has a walled courtyard and the backyard is large and totally fenced. Recently became available and still needs a little TLC. Has all new plumbing and fixtures. Kitchen has new granite counter tops. 2 full baths have been remodeled. Will consider cash back for improvements with a full price offer.

$235,000

3 beds3 baths1,873 sq ft

New plumbing • Walled courtyard • Large backyard

12 Villa Virginia, La Luz, NM 88337

FOR SALE BY OWNER

ABOUT THIS HOME
Cheap Home for sale in 88337, NM:
Beautifully maintained 3 bedroom/2 bath home in La Luz, NM with Mountain Views and half acre of desert landscaping. Easy commute to Holloman AFB and Alamogordo for work. Kids can walk to local elementary school with high ratings. Home comes with new refrigerator, gas stove/oven, built in microwave, dishwasher, water softener, RO water purification system, washer and dryer. 2-car attached garage with openers provided. Gas hot water tank replaced in 2019. Central air conditioning services regularly. RV hookups and parking, outdoor powered workshop. Tile throughout main living areas and carpeted bedrooms. Master bath is handicapped accessible with walk in tiled shower large enough for 2 perso

$229,900

3 beds2 baths1,400 sq ft

Built in microwave • Gas stove oven • Dishwasher

4 Stagecoach Trl, La Luz, NM 88337

3D WALKTHROUGH

ABOUT THIS HOME
Cheap Home for sale in 88337, NM:
Discover the perfect blend of space, comfort, and country charm in this beautiful 2,700-square-foot home in La Luz. Featuring 3 bedrooms, 2.5 bathrooms, and a dedicated office, this thoughtfully designed home offers plenty of room to live, work, and entertain. The spacious floor plan provides inviting living areas filled with natural light, while the well-equipped kitchen flows effortlessly into the main living spaces. The private primary suite offers a relaxing retreat, and the additional bedrooms provide comfort for family or guests. Step outside to enjoy your own backyard oasis, complete with an above-ground pool that's perfect for cooling off on warm New Mexico days. With generous outdo

$259,000

3 beds2.5 baths2,720 sq ft

Backyard oasis • Dedicated office • Above-ground pool

30 Bonito Blvd, La Luz, NM 88337

Property at 10 Alicia Dr, La Luz, NM 88337, 2 beds, 1 bath

$155,000

2 beds1 bath1,024 sq ft

10 Alicia Dr, La Luz, NM 88337

Property at 16 Toms Ln, La Luz, NM 88337, 2 beds, 1 bath

$110,000

2 beds1 bath972 sq ft

16 Toms Ln, La Luz, NM 88337

Property at 8 Bonita Ave, La Luz, NM 88337, 3 beds, 2 baths

$98,000

3 beds2 baths1,390 sq ft

8 Bonita Ave, La Luz, NM 88337

Property at 37 Gentry Rd, La Luz, NM 88337, 4 beds, 2.75 baths

$323,900

4 beds2.75 baths2,784 sq ft

37 Gentry Rd, La Luz, NM 88337

Property at 148 Cottonwood Canyon Rd, La Luz, NM 88337, 3 beds, 1.75 baths

$389,000

3 beds1.75 baths1,845 sq ft

148 Cottonwood Canyon Rd, La Luz, NM 88337

Property at 42 Lakeview Dr, La Luz, NM 88337

$70,000

Land13.04 acres (lot)

42 Lakeview Dr, La Luz, NM 88337

Property at Lot 3 Tierra De Vida, La Luz, NM 88337

$24,900

Land2.64 acres (lot)

Lot 3 Tierra De Vida, La Luz, NM 88337

Property at 4 Four Wheel Dr, La Luz, NM 88337

$75,000

Land4.53 acres (lot)

4 Four Wheel Dr, La Luz, NM 88337

Property at Coyote Flats Rd, La Luz, NM 88337

$90,000

Land10.00 acres (lot)

Coyote Flats Rd, La Luz, NM 88337

Property at Lot4 Puebla, La Luz, NM 88337

$30,000

Land1.04 acres (lot)

Lot4 Puebla, La Luz, NM 88337

$27,500

Land2.49 acres (lot)

Moonwalk, La Luz, NM 88337

Property at Moonrise Ct, La Luz, NM 88337

$27,500

Land2.42 acres (lot)

Moonrise Ct, La Luz, NM 88337

Property at Moonset Ct, La Luz, NM 88337

$27,500

Land2.39 acres (lot)

Moonset Ct, La Luz, NM 88337

Property at 5 Sacramento Pl, La Luz, NM 88337

$250,000

Land2.73 acres (lot)

5 Sacramento Pl, La Luz, NM 88337

Viewing page 1 of 1

End of results

Nearby homes that match your criteria

NEW 18 HRS AGO3D WALKTHROUGH

ABOUT THIS HOME
Cheap Home for sale in 88337, NM:
Welcome home to this beautifully updated 4-bedroom, 2-bath manufactured home situated on 1 acre! Featuring fresh interior updates, a spacious layout, and plenty of room to enjoy both inside and out. Conveniently located with easy access to nearby amenities while still offering the space and privacy of country living. Owner/Broker

$215,000

4 beds2 baths1,653 sq ft

1.01 acre lot • Built 2000

18 Center St, Alamogordo, NM 88310

ABOUT THIS HOME
Cheap Home for sale in 88337, NM:
This 3-bedroom, 2-bathroom home offers a solid foundation and a 6-year-old roof, providing peace of mind from day one. Stay cool during warmer months with a efficient evaporative cooler updated just 2 years ago. The layout features an open workspace for your custom design choices. Complete with a full set of appliances including a refrigerator, oven, dishwasher, microwave, washer, and dryer. Enjoy low-maintenance living with no HOA fees in a quiet, conveniently located Alamogordo neighborhood!

$139,900

3 beds2 baths1,150 sq ft

6 year old roof • Solid foundation • No hoa fees

1208 E Canal St, Alamogordo, NM 88310

ABOUT THIS HOME
Cheap Home for sale in 88337, NM:
remodeled inside. Corner fireplace in the licing room. Open concept living area. 3 good sized bedrooms. Nice sized kitchen with window above the sink and it has a wine cooler built in to the Island. Refrigerated Air. New Carpet in the bedrooms. North facing backyard allows for cooler evenings. Large patio. Bonus room close to the kitchen would make a great pantry. and freezer area. Newer windows. This one won't last long.

$207,700

3 beds2 baths1,481 sq ft

Wine cooler • Large patio • Bonus room

1801 Dewey Ln, Alamogordo, NM 88310

3D WALKTHROUGH

ABOUT THIS HOME
Cheap Home for sale in 88337, NM:
An affordable opportunity for both homeowners and investors. This charming approximately 520± sq. ft. home offers an efficient floor plan and includes 1 bedroom and 1 bathroom. Built in 1950, the property has been well-suited as an investment rental and has historically generated $850 per month in rental income. The home includes a refrigerator, stove/range, washer, dryer, and storage shed, making it move-in or rent-ready from day one. A mini-split heating and cooling system provides year-round comfort and energy-efficient climate control. Conveniently located near shopping, restaurants, schools, and Holloman Air Force Base, this property is an excellent option for a first-time homeb

$83,200

1 bed1 bath520 sq ft

Near schools • Efficient floor plan • Near shopping

1323 Cuba Ave, Alamogordo, NM 88310

ABOUT THIS HOME
Cheap Home for sale in 88337, NM:
Investment Opportunity! Duplex in the heart of the Cloudcroft Village, 1 bedroom, 1 bathroom in each unit with an open living/kitchen area. 960 total square feet. Live in one unit and rent out the other (long-term or short-term), or rent out both of them. The duplex comes equipped with laundry facilities below the unit. Newer laminate flooring throughout. Plenty of parking with easy access at the top of property. Excellent location and a short walk to restaurants, shopping, hiking trails, and Zenith Park. Extremely versatile property with a lot of possibilities. Schedule your showing today.

$235,000

2 beds2 baths960 sq ft

Laundry facilities • Plenty of parking • Excellent location

1100-B Chautauqua Canyon Blvd, Cloudcroft, NM 88317

ABOUT THIS HOME
Cheap Home for sale in 88337, NM:
Discover the potential of this unique property in the desirable Haynes Canyon area of High Rolls! Set against the beauty of the Sacramento Mountains, this property offers amazing views overlooking the Tularosa Basin, wide-open skies, and stunning New Mexico sunsets. The property includes an unfinished site-built home that may offer potential for the right buyer to salvage, complete, or reimagine. An older mobile home is also located on the property. The true appeal of this property is the land, views, and opportunity. With its beautiful mountain setting and expansive views across the basin, this could be an incredible place to create a mountain retreat, future homesite, or property all your

$195,000

1 bed1 bath660 sq ft

Tularosa basin views • 3.21 acre lot • Built 1964

99 Haynes Canyon Rd, High Rolls, NM 88325

Property at 1402 Hawaii Ave, Alamogordo, NM 88310, 3 beds, 2 baths

$145,000

3 beds2 baths2,078 sq ft

1402 Hawaii Ave, Alamogordo, NM 88310

Property at 1841 Lamar Cir, Alamogordo, NM 88310, 4 beds, 2 baths

$249,900

4 beds2 baths1,602 sq ft

1841 Lamar Cir, Alamogordo, NM 88310

Property at 1305 Filipino Ave, Alamogordo, NM 88310, 3 beds, 1 bath

$145,000

3 beds1 bath975 sq ft

1305 Filipino Ave, Alamogordo, NM 88310

Property at 1303 Juniper Dr, Alamogordo, NM 88310, 3 beds, 2 baths

$239,900

3 beds2 baths2,200 sq ft

1303 Juniper Dr, Alamogordo, NM 88310

Property at 1005 Lucille St, Tularosa, NM 88352, 3 beds, 1.5 baths

$180,000

3 beds1.5 baths1,176 sq ft

1005 Lucille St, Tularosa, NM 88352

Property at 3881 Basswood Dr, Alamogordo, NM 88310, 3 beds, 2 baths

$290,000

3 beds2 baths1,678 sq ft

3881 Basswood Dr, Alamogordo, NM 88310

Property at 25 Watson Trl, High Rolls Mountain Park, NM 88325, 2 beds, 2 baths

$399,000

2 beds2 baths2,007 sq ft

25 Watson Trl, High Rolls Mountain Park, NM 88325

Property at 501 Ethel Ave, Tularosa, NM 88352, 3 beds, 1 bath

$180,000

3 beds1 bath1,020 sq ft

501 Ethel Ave, Tularosa, NM 88352

Property at 00 Watson Trl, Cloudcroft, NM 88317

$20,000

Land0.31 acre (lot)

00 Watson Trl, Cloudcroft, NM 88317

Property at 70 Mogollon Trl, High Rolls, NM 88325

$105,300

Land1.37 acres (lot)

70 Mogollon Trl, High Rolls, NM 88325

Property at 66 Mogollon Trl, High Rolls, NM 88325

$84,550

Land1.10 acres (lot)

66 Mogollon Trl, High Rolls, NM 88325

Property at 68 Mogollon Trl, High Rolls, NM 88325

$94,000

Land1.22 acres (lot)

68 Mogollon Trl, High Rolls, NM 88325

Property at Property in Cloudcroft, NM 88317

$45,000

Land0.45 acre (lot)

Cloudcroft, NM 88317

Property at 144 Danley Ranch Rd, Alamogordo, NM 88310

$65,000

Land16.36 acres (lot)

144 Danley Ranch Rd, Alamogordo, NM 88310

Cheap Homes for Sale in 88337

There are currently 19 cheap homes for sale in 88337 at a median listing price of $272K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in 88337 stay on the market for 226 days. This map is refreshed with the newest listings in 88337 every 15 minutes.

In the past month, 1 home has been sold in 88337. Find your dream home in 88337 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 88337 are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in 88337. If you're looking to sell your home in the 88337 area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in 88337 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 88337, NM

Nearby Zip Codes

Cities

Nearby Zip Codes with Cheap Homes

Nearby Cities with Cheap Homes

More to explore in 88337, NM

How to buy a house in 88337, 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.