The NMWelcomeHome Team Blog

Looking for your first home in Albuquerque or Rio Rancho? Want to take advantage of a First Time Home Buyer Program? We can help...Start looking today and call us at (505) 886-1432 to get in touch with on of our Buyer Specialist.

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First Time Home Buyer

Are you a first time home buyer? If the answer is yes, then we can understand the enormity and anxiety that comes along with trying to figure out the home buying process. Our Buyer Specialist are here to help you navigate the complex home buying process.

First time home buyer mortgage loans are available and go unused. Please contact us at (505) 923-4691 to talk to your Buyer Specialist today.

Real Estate Statistics

Average Price	$284K
Lowest Price	$4K
Highest Price	$350K
Total Listings	988
Avg. Days On Market	55
Avg. Price/SQFT	$322

Property Types (active listings)

Homes For Sale Under 200K First Time Home Buyers

• All Listings
• Under $100,000
• $100,000 - $200,000
• $200,000 - $300,000
• $300,000 - $400,000

Bedrooms

Bathrooms

Price Range

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Price, low to high

$254,900

6035 Staubach Avenue Nw, Albuquerque

3 Beds 2 Baths 1,089 SqFt Residential MLS® # 1108940

Realty One of New Mexico, LLC

Open House

$255,000

↓ $5,000

4803 Mescalero Road Ne, Albuquerque

3 Beds 2 Baths 980 SqFt Residential

Open House

Wed, Sep 9th, 2026 @ 1pm - 3pm

MLS® # 1105244

Coldwell Banker Legacy

$255,000

↓ $4,000

2620 Lucero Road Sw, Albuquerque

3 Beds 2 Baths 1,047 SqFt Residential MLS® # 1109753

Berkshire Hathaway NM Prop

$256,000

↓ $6,000

4701 Morris Street Ne 3904, Albuquerque

2 Beds 2 Baths 1,176 SqFt Residential MLS® # 1109043

Berkshire Hathaway NM Prop

$257,000

2829 Sierra Drive Ne, Albuquerque

2 Beds 1 Bath 992 SqFt Residential MLS® # 1109836

Realty One of New Mexico

New

$257,000

2827 Bel Air Drive Ne, Albuquerque

2 Beds 1 Bath 1,004 SqFt Residential MLS® # 1109892

MORE Realty, Inc

$259,000

↓ $2,000

7515 S Autumn Breeze Road Sw, Albuquerque

3 Beds 2 Baths 1,026 SqFt Residential MLS® # 1103992

Elevate New Mexico Realty

New

$259,900

325 Timor Road Se, Rio Rancho

2 Beds 1 Bath 970 SqFt Residential MLS® # 1108540

Coldwell Banker Legacy

$259,900

↓ $100

3808 Lonesome Ridge Street Ne, Rio Rancho

2 Beds 1 Bath 924 SqFt Residential MLS® # 1109584

The Maez Group

$259,999

↓ $10,001

1201 Rachel Road Ne, Rio Rancho

2 Beds 1 Bath 816 SqFt Residential MLS® # 1108273

Realty One of New Mexico

$259,999

↓ $1

516 Medina Meadows Drive Ne, Rio Rancho

2 Beds 1 Bath 858 SqFt Residential MLS® # 1109031

Campbell & Campbell Real Estat

$260,000

↑ $10,000

908 10th Avenue Ne, Rio Rancho

3 Beds 2 Baths 1,456 SqFt Residential MLS® # 1102163

Coldwell Banker Legacy

$260,000

6800 Vista Del Norte Drive Ne # 21, Albuquerque

2 Beds 2 Baths 1,076 SqFt Residential MLS® # 1107052

Coldwell Banker Legacy

$260,000

↓ $10,000

834 Nyasa Road Se, Rio Rancho

3 Beds 2 Baths 1,156 SqFt Residential MLS® # 1108201

Coldwell Banker Legacy

$260,000

1205 10th Street Nw, Rio Rancho

4 Beds 2 Baths 2,240 SqFt Residential MLS® # 1108544

Equity New Mexico

$260,000

↑ $15,000

1646 Ferris Avenue Sw, Albuquerque

3 Beds 2 Baths 1,613 SqFt Residential MLS® # 1108936

EXP Realty LLC

$260,000

↓ $5,000

2217 W High Desert Circle Ne, Rio Rancho

2 Beds 1 Bath 827 SqFt Residential MLS® # 1109393

Lawson Realty

New

$260,000

2305 Desert Wood Drive Sw, Albuquerque

3 Beds 2 Baths 1,343 SqFt Residential MLS® # 1110451

Coldwell Banker Legacy

$261,900

↓ $7,850

612 Ortiz Drive Ne, Albuquerque

2 Beds 2 Baths 1,323 SqFt Residential MLS® # 1107524

homecoin.com

Open House

$262,000

4701 Morris Street Ne Apt 1303, Albuquerque

3 Beds 3 Baths 1,412 SqFt Residential

Open House

Sat, Sep 12th, 2026 @ 12pm - 2pm

MLS® # 1108214

CENTURY 21 Camco Realty

$264,500

825 Dakota Street Se, Albuquerque

3 Beds 2 Baths 1,575 SqFt Residential MLS® # 1109857

Berkshire Hathaway NM Prop

$264,900

↓ $5,000

1724 Coe Road Sw, Albuquerque

4 Beds 2 Baths 1,833 SqFt Residential MLS® # 1104738

Home Experts Real Estate

$265,000

1808 William Street Se, Albuquerque

2 Beds 1 Bath 1,268 SqFt Residential MLS® # 1098969

Coldwell Banker Legacy

$265,000

↓ $18,900

725 Barelas Court Sw, Albuquerque

2 Beds 2 Baths 1,560 SqFt Residential MLS® # 1100061

Keller Williams Realty

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