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

$240,000

71 Calle Loma Parda Nw, Albuquerque

3 Beds 2 Baths 1,393 SqFt Residential MLS® # 1108468

Keller Williams Realty

$240,000

6609 San Blas Place Nw, Albuquerque

2 Beds 2 Baths 1,144 SqFt Residential MLS® # 1109607

NMHG

$240,000

5216 Chuckwagon Trail Nw, Albuquerque

2 Beds 2 Baths 983 SqFt Residential MLS® # 1109874

Rhino Realty Property Mgmt LLC

New Open House

$240,000

3412 Abbey Court Nw, Albuquerque

2 Beds 2 Baths 1,050 SqFt Residential

Open House

Sat, Sep 12th, 2026 @ 1pm - 3pm

MLS® # 1110564

Keller Williams Realty

$242,500

↓ $5,000

515 Marble Avenue Ne, Albuquerque

2 Beds 1 Bath 966 SqFt Residential MLS® # 1107635

Berkshire Hathaway Home Svc NM

$242,900

705 Dallas Street Ne, Albuquerque

2 Beds 2 Baths 1,237 SqFt Residential MLS® # 1109899

Vista Encantada Realtors, LLC

$244,900

↓ $5,000

423 Alcazar Street Ne, Albuquerque

2 Beds 1 Bath 871 SqFt Residential MLS® # 1106132

Realty One of New Mexico

$245,000

4720 Opal Drive Ne, Rio Rancho

2 Beds 1 Bath 806 SqFt Residential MLS® # 1104127

Keller Williams Realty

$245,000

↓ $5,000

3022 Aaron Court Sw, Albuquerque

2 Beds 1 Bath 1,160 SqFt Residential MLS® # 1105381

Provenza Realty LLC

Open House

$245,000

↓ $5,000

4701 Morris Street Ne 2304, Albuquerque

2 Beds 2 Baths 1,176 SqFt Residential

Open House

Sat, Sep 12th, 2026 @ 12:02pm - 2pm

MLS® # 1105836

Q Realty

$245,000

3017 Solano Drive Ne, Albuquerque

3 Beds 1 Bath 1,502 SqFt Residential MLS® # 1109011

ReMax Western Heritage

$245,000

↓ $5,000

11525 Mahlon Avenue Ne, Albuquerque

3 Beds 1 Bath 1,366 SqFt Residential MLS® # 1109117

Keller Williams Realty

New

$245,000

1372 Lil Avenue Ne, Rio Rancho

2 Beds 2 Baths 942 SqFt Residential MLS® # 1110149

Congress Realty, Inc

$245,499

↓ $4,501

636 San Pablo Street Se, Albuquerque

4 Beds 2 Baths 1,242 SqFt Residential MLS® # 1107689

Keller Williams Realty

$248,000

4211 Pitt Place Ne Unit 3, Albuquerque

2 Beds 3 Baths 1,297 SqFt Residential MLS® # 1108250

Kate Southard Real Estate

$248,000

705 Palomas Drive Se, Albuquerque

2 Beds 1 Bath 1,000 SqFt Residential MLS® # 1109153

Simply Real Estate

New

$248,000

121 Arno Street Se, Albuquerque

2 Beds 1 Bath 714 SqFt Residential MLS® # 1110402

Morenus Real Estate

$248,750

2201 7th Street Nw, Albuquerque

2 Beds 1 Bath 721 SqFt Residential MLS® # 1105714

Elevate New Mexico Realty

$249,000

↓ $6,000

5801 Lowell Street Ne 24b, Albuquerque

3 Beds 2 Baths 1,197 SqFt Residential MLS® # 1091989

Realty One of New Mexico

$249,000

633 Espanola Street Se, Albuquerque

3 Beds 2 Baths 1,540 SqFt Residential MLS® # 1105314

Keller Williams Realty

$249,000

↓ $5,000

6056 Kilmer Avenue Nw, Albuquerque

3 Beds 2 Baths 1,315 SqFt Residential MLS® # 1106523

Braveheart Real Estate

$249,000

821 Ortiz Drive Se, Albuquerque

3 Beds 2 Baths 1,701 SqFt Residential MLS® # 1108368

Coldwell Banker Legacy

$249,000

6009 Calle Nueve Nw, Albuquerque

2 Beds 2 Baths 1,175 SqFt Residential MLS® # 1110051

Simply Real Estate

$249,900

↓ $10,100

915 22nd Street Nw, Albuquerque

2 Beds 1 Bath 858 SqFt Residential MLS® # 1097340

Realty One of New Mexico

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