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

$310,000

↓ $20,000

412 Harvard Drive Se, Albuquerque

2 Beds 2 Baths 1,460 SqFt Residential MLS® # 1100764

Realty One of New Mexico

$310,000

↑ $25,000

316 9th Street Sw, Albuquerque

2 Beds 1 Bath 966 SqFt Residential MLS® # 1103621

Sachs5th Real Estate & Auction

$310,000

↓ $9,900

10408 Trevino Loop Nw, Albuquerque

3 Beds 2 Baths 1,586 SqFt Residential MLS® # 1105449

Berkshire Hathaway Home Svc NM

$310,000

5227 Saratoga Drive Nw, Albuquerque

2 Beds 2 Baths 1,030 SqFt Residential MLS® # 1106942

LPT Realty

Open House

$310,000

↓ $4,000

345 Peaceful Meadows Drive Ne, Rio Rancho

3 Beds 2 Baths 1,458 SqFt Residential

Open House

Wed, Sep 9th, 2026 @ 8am - 7pm

MLS® # 1106972

Opendoor Brokerage, LLC

$310,000

↓ $5,000

10616 Buck Island Road Sw, Albuquerque

3 Beds 2 Baths 1,301 SqFt Residential MLS® # 1107196

Keller Williams Realty

$310,000

↓ $5,000

13105 Mountain View Avenue Ne, Albuquerque

3 Beds 2 Baths 1,397 SqFt Residential MLS® # 1107448

ERA Summit

$310,000

↓ $10,000

1216 Forrester Avenue Nw, Albuquerque

3 Beds 2 Baths 1,323 SqFt Residential MLS® # 1107800

Coldwell Banker Legacy

$310,000

6291 Gannett Drive Ne, Rio Rancho

2 Beds 2 Baths 1,275 SqFt Residential MLS® # 1108190

Su Casa Real Estate

$310,000

5220 Chuckwagon Trail Nw, Albuquerque

3 Beds 2 Baths 1,465 SqFt Residential MLS® # 1108307

Realty One of New Mexico

$310,000

7632 Via Cometa Sw, Albuquerque

3 Beds 2 Baths 1,708 SqFt Residential MLS® # 1108823

EXP Realty LLC

$310,000

6608 Honeylocust Avenue Nw, Albuquerque

3 Beds 2 Baths 1,386 SqFt Residential MLS® # 1108976

MORE Realty, Inc

$310,000

3415 Running Bird Place Nw, Albuquerque

3 Beds 2 Baths 1,315 SqFt Residential MLS® # 1109151

Homewise

$310,000

1104 Iron Avenue Sw, Albuquerque

2 Beds 1 Bath 876 SqFt Residential MLS® # 1109230

Vista Encantada Realtors, LLC

$310,000

↓ $5,000

901 Perry Meadows Drive Ne, Rio Rancho

3 Beds 2 Baths 1,150 SqFt Residential MLS® # 1109265

Simply Real Estate

New Open House

$310,000

↓ $5,000

7115 Porlamar Road Nw, Albuquerque

3 Beds 2 Baths 1,421 SqFt Residential

Open House

Sat, Sep 12th, 2026 @ 11am - 1pm

MLS® # 1109594

Coldwell Banker Legacy

$310,000

10655 Quasar Street Nw, Albuquerque

3 Beds 2 Baths 1,171 SqFt Residential MLS® # 1109935

Coldwell Banker Legacy

$310,000

8424 Casa Morena Court Nw, Albuquerque

3 Beds 3 Baths 1,511 SqFt Residential MLS® # 1110000

Network Realty LLC

New

$310,000

4405 Desert Chicory Court Se, Albuquerque

2 Beds 2 Baths 1,056 SqFt Residential MLS® # 1109895

Keller Williams Realty

$310,000

601 Menaul Boulevard Ne Unit 1404, Albuquerque

2 Beds 3 Baths 1,745 SqFt Residential MLS® # 1110251

Helix Real Estate Group

New

$310,000

7535 Cripple Creek Road Nw, Albuquerque

3 Beds 2 Baths 1,217 SqFt Residential MLS® # 1110406

Coldwell Banker Legacy

New Open House

$310,000

2100 Black Hills Road Ne, Rio Rancho

3 Beds 2 Baths 1,463 SqFt Residential

Open House

Sat, Sep 12th, 2026 @ 11am - 2pm

MLS® # 1110511

Coldwell Banker Legacy

$311,000

7315 Embarcadera Drive Sw, Albuquerque

3 Beds 3 Baths 1,810 SqFt Residential MLS® # 1109599

Above It All Real Estate LLC

$313,000

↓ $7,000

709 Noah Avenue Sw, Albuquerque

3 Beds 3 Baths 1,860 SqFt Residential MLS® # 1105809

Realty One of New Mexico

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