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

$350,000

↓ $15,000

7904 Blue Jay Lane Ne, Albuquerque

3 Beds 3 Baths 2,030 SqFt Residential MLS® # 1103565

Coldwell Banker Legacy

$350,000

↓ $10,000

3105 W Meadow Drive Sw, Albuquerque

3 Beds 2 Baths 1,809 SqFt Residential MLS® # 1103595

Coldwell Banker Legacy

$350,000

↓ $10,000

5773 Cosmo Court Ne, Rio Rancho

3 Beds 2 Baths 1,503 SqFt Residential MLS® # 1103737

LPT Realty

$350,000

↓ $14,900

8209 Tina Drive Ne, Albuquerque

3 Beds 2 Baths 1,671 SqFt Residential MLS® # 1104000

Amazing Properties

$350,000

↓ $5,000

10427 Sandy Flats Avenue Sw, Albuquerque

3 Beds 3 Baths 3,103 SqFt Residential MLS® # 1104235

Berkshire Hathaway NM Prop

$350,000

↓ $9,999

6211 Nacional Road Nw, Albuquerque

3 Beds 2 Baths 1,500 SqFt Residential MLS® # 1104617

360 Ventures Real Estate

$350,000

↑ $11,000

285 Spectrum Avenue Sw, Rio Rancho

3 Beds 2 Baths 1,264 SqFt Residential MLS® # 1104780

Pulte Homes of New Mexico

$350,000

3002 Gay Circle Se, Rio Rancho

3 Beds 2 Baths 1,930 SqFt Residential MLS® # 1104792

Simply Real Estate

$350,000

10728 Sabino Loop Sw, Albuquerque

3 Beds 2 Baths 1,557 SqFt Residential MLS® # 1105462

HomeSmart Realty Pros

Open House

$350,000

↓ $5,000

1309 Spruce Meadows Drive Ne, Rio Rancho

3 Beds 3 Baths 2,326 SqFt Residential

Open House

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

MLS® # 1105615

Opendoor Brokerage, LLC

$350,000

↓ $15,000

7817 Louisiana Boulevard Ne Unit 1403, Albuquerque

2 Beds 3 Baths 1,293 SqFt Residential MLS® # 1105757

Coldwell Banker Legacy

$350,000

↓ $10,000

6391 Red Falcon Drive Ne, Rio Rancho

3 Beds 2 Baths 1,387 SqFt Residential MLS® # 1106014

EXP Realty, LLC

$350,000

1331 Park Avenue Sw Unit 802, Albuquerque

2 Beds 2 Baths 1,145 SqFt Residential MLS® # 1106010

A & S Real Estate Group, LLC

$350,000

103 Green Valley Road Nw, Albuquerque

3 Beds 2 Baths 1,338 SqFt Residential MLS® # 1106766

Real Broker, LLC

$350,000

↓ $9,900

5929 Sandoval Drive Ne, Rio Rancho

4 Beds 2 Baths 1,848 SqFt Residential MLS® # 1107125

ERA Summit

$350,000

6001 Murcia Avenue Nw, Albuquerque

3 Beds 2 Baths 1,760 SqFt Residential MLS® # 1107738

ERA Summit

$350,000

5719 Cosmo Place Ne, Rio Rancho

3 Beds 2 Baths 1,490 SqFt Residential MLS® # 1107894

LPT Realty

$350,000

↓ $25,000

629 Dartmouth Drive Ne, Albuquerque

4 Beds 2 Baths 1,663 SqFt Residential MLS® # 1108110

Coldwell Banker Legacy

$350,000

2108 Hermosa Creek Drive Sw, Albuquerque

4 Beds 3 Baths 2,195 SqFt Residential MLS® # 1108131

Coldwell Banker Legacy

$350,000

↓ $5,000

2223 Sea Foam Street Nw, Albuquerque

4 Beds 3 Baths 1,700 SqFt Residential MLS® # 1108170

EXP Realty LLC

New

$350,000

312 Horton Lane Nw, Albuquerque

3 Beds 2 Baths 1,921 SqFt Residential MLS® # 1108233

New Mexico Home Group Realty

$350,000

1440 Reynosa Loop Se, Rio Rancho

3 Beds 2 Baths 1,575 SqFt Residential MLS® # 1108425

Berkshire Hathaway NM Prop

$350,000

553 Christine Drive Ne, Rio Rancho

3 Beds 2 Baths 1,483 SqFt Residential MLS® # 1108504

RE/MAX SELECT

New

$350,000

4980 Zirconia Drive Ne, Rio Rancho

3 Beds 2 Baths 1,602 SqFt Residential MLS® # 1108561

Absolute Real Estate

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