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

$285,000

↓ $9,900

10823 Habanero Way Se, Albuquerque

3 Beds 3 Baths 1,356 SqFt Residential MLS® # 1106409

LPT Realty

$285,000

↓ $14,000

7708 Pinewood Drive Nw, Albuquerque

3 Beds 2 Baths 1,124 SqFt Residential MLS® # 1107147

Realty One of New Mexico

$285,000

6622 San Blas Place Nw, Albuquerque

2 Beds 2 Baths 1,293 SqFt Residential MLS® # 1107261

Berkshire Hathaway NM Prop

New

$285,000

8401 Vista Chamisa Lane Sw, Albuquerque

3 Beds 2 Baths 1,223 SqFt Residential MLS® # 1107560

Realty One of New Mexico

$285,000

819 Corel Drive Sw, Albuquerque

3 Beds 2 Baths 1,120 SqFt Residential MLS® # 1107696

Coldwell Banker Legacy

$285,000

2820 W 8th Street Nw, Albuquerque

3 Beds 1 Bath 1,561 SqFt Residential MLS® # 1109399

Braveheart Real Estate

$285,000

↓ $5,000

256 Glenridge Park Lane Ne, Albuquerque

4 Beds 3 Baths 1,705 SqFt Residential MLS® # 1109500

Home Equity Real Estate

$285,000

↓ $5,000

3291 Esplanade Circle Se, Rio Rancho

2 Beds 2 Baths 1,573 SqFt Residential MLS® # 1109862

RE/MAX SELECT

$285,000

1605 Propps Street Ne, Albuquerque

2 Beds 1 Bath 1,465 SqFt Residential MLS® # 1109867

Realty One of New Mexico

New

$285,000

6608 Conrad Avenue Nw, Albuquerque

3 Beds 2 Baths 1,165 SqFt Residential MLS® # 1109944

Keller Williams Realty

$285,000

2332 Sunshine Road Sw, Albuquerque

2 Beds 1 Bath 1,160 SqFt Residential MLS® # 1110122

New Mexico Real Estate Group

New

$285,000

308 Espejo Street Ne, Albuquerque

3 Beds 2 Baths 1,350 SqFt Residential MLS® # 1110270

Keller Williams Realty

New Open House

$285,000

2944 Quail Pointe Drive Nw, Albuquerque

3 Beds 3 Baths 1,383 SqFt Residential

Open House

Sun, Sep 13th, 2026 @ 1pm - 3pm

MLS® # 1110374

Real Broker, LLC

New

$285,000

5105 5th Street Sw, Albuquerque

3 Beds 1 Bath 1,413 SqFt Residential MLS® # 1110430

Casa Montoya Realty

New

$285,000

3811 Milan Court Sw, Albuquerque

4 Beds 2 Baths 1,836 SqFt Residential MLS® # 1110450

Keller Williams Realty

New

$285,000

2835 Prenda De Oro Drive Nw, Albuquerque

2 Beds 2 Baths 1,530 SqFt Residential MLS® # 1110178

Realty One Group Concierge

$286,000

↓ $3,000

628 Florida Street Se, Albuquerque

3 Beds 3 Baths 1,796 SqFt Residential MLS® # 1099803

Opendoor Brokerage, LLC

$286,000

2905 Burton Avenue Se, Albuquerque

2 Beds 1 Bath 912 SqFt Residential MLS® # 1105046

Garcia & Associates, LLC.

$286,500

↓ $1,000

617 Eastlake Court Se, Rio Rancho

2 Beds 3 Baths 1,652 SqFt Residential MLS® # 1107801

Coldwell Banker Legacy

$287,000

8842 Odin Road Sw, Albuquerque

3 Beds 2 Baths 1,200 SqFt Residential MLS® # 1107957

Ibarra Real Estate Group

$287,500

932 Sellers Drive Ne, Albuquerque

2 Beds 2 Baths 1,226 SqFt Residential MLS® # 1109401

Southwest Elite Real Estate

$288,000

↓ $11,500

1139 Marron Circle Ne, Albuquerque

3 Beds 1 Bath 1,426 SqFt Residential MLS® # 1107601

RE/MAX SELECT

$288,000

8008 Vista Estrella Lane Sw, Albuquerque

4 Beds 2 Baths 1,482 SqFt Residential MLS® # 1108118

Real Broker, LLC

$288,500

↓ $6,500

8500 Rushing Brook Avenue Sw, Albuquerque

3 Beds 2 Baths 1,226 SqFt Residential MLS® # 1108374

Right Wray Real Estate

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