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.

Homes For Sale

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, $200,000 - $300,000

Sort by:
10619 Quasar Street Nw, Albuquerque

$239,900

↓ $8,100

10619 Quasar Street Nw, Albuquerque

2 Beds 2 Baths 970 SqFt Residential MLS® # 1093693

RE/MAX SELECT

220 San Andres Avenue Nw, Albuquerque

$239,900

↓ $20,000

220 San Andres Avenue Nw, Albuquerque

2 Beds 1 Bath 964 SqFt Residential MLS® # 1103142

Realty One of New Mexico

4621 Glendale Place Nw, Albuquerque

$239,900

↓ $10,100

4621 Glendale Place Nw, Albuquerque

3 Beds 1 Bath 956 SqFt Residential MLS® # 1107300

Keller Williams Realty

702 Broadway Boulevard Se Apt 7, Albuquerque

$239,900

↓ $10,100

702 Broadway Boulevard Se Apt 7, Albuquerque

2 Beds 2 Baths 1,071 SqFt Residential MLS® # 1108356

Keller Williams Realty

2904 1st Street Nw, Albuquerque

$240,000

↓ $7,000

2904 1st Street Nw, Albuquerque

3 Beds 1 Bath 929 SqFt Residential MLS® # 1102051

Keller Williams Realty

4203 Axtell Street Se, Albuquerque

$240,000

↓ $10,000

4203 Axtell Street Se, Albuquerque

3 Beds 2 Baths 1,178 SqFt Residential MLS® # 1106821

Weichert, Realtors Image

426 Espanola Street Ne, Albuquerque

$240,000

426 Espanola Street Ne, Albuquerque

3 Beds 2 Baths 1,692 SqFt Residential MLS® # 1107130

Coldwell Banker Legacy

2442 Valencia Drive Ne, Albuquerque

$240,000

↓ $7,000

2442 Valencia Drive Ne, Albuquerque

2 Beds 1 Bath 950 SqFt Residential MLS® # 1107136

Simply Real Estate

71 Calle Loma Parda Nw, Albuquerque

$240,000

71 Calle Loma Parda Nw, Albuquerque

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

Keller Williams Realty

6609 San Blas Place Nw, Albuquerque

$240,000

6609 San Blas Place Nw, Albuquerque

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

NMHG

5216 Chuckwagon Trail Nw, Albuquerque

$240,000

5216 Chuckwagon Trail Nw, Albuquerque

2 Beds 2 Baths 983 SqFt Residential MLS® # 1109874

Rhino Realty Property Mgmt LLC

New Open House
3412 Abbey Court Nw, Albuquerque

$240,000

3412 Abbey Court Nw, Albuquerque

2 Beds 2 Baths 1,050 SqFt Residential
Sat, Sep 12th, 2026 @ 1pm - 3pm
MLS® # 1110564

Keller Williams Realty

515 Marble Avenue Ne, Albuquerque

$242,500

↓ $5,000

515 Marble Avenue Ne, Albuquerque

2 Beds 1 Bath 966 SqFt Residential MLS® # 1107635

Berkshire Hathaway Home Svc NM

705 Dallas Street Ne, Albuquerque

$242,900

705 Dallas Street Ne, Albuquerque

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

Vista Encantada Realtors, LLC

423 Alcazar Street Ne, Albuquerque

$244,900

↓ $5,000

423 Alcazar Street Ne, Albuquerque

2 Beds 1 Bath 871 SqFt Residential MLS® # 1106132

Realty One of New Mexico

4720 Opal Drive Ne, Rio Rancho

$245,000

4720 Opal Drive Ne, Rio Rancho

2 Beds 1 Bath 806 SqFt Residential MLS® # 1104127

Keller Williams Realty

3022 Aaron Court Sw, Albuquerque

$245,000

↓ $5,000

3022 Aaron Court Sw, Albuquerque

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

Provenza Realty LLC

Open House
4701 Morris Street Ne 2304, Albuquerque

$245,000

↓ $5,000

4701 Morris Street Ne 2304, Albuquerque

2 Beds 2 Baths 1,176 SqFt Residential
Sat, Sep 12th, 2026 @ 12:02pm - 2pm
MLS® # 1105836

Q Realty

3017 Solano Drive Ne, Albuquerque

$245,000

3017 Solano Drive Ne, Albuquerque

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

ReMax Western Heritage

11525 Mahlon Avenue Ne, Albuquerque

$245,000

↓ $5,000

11525 Mahlon Avenue Ne, Albuquerque

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

Keller Williams Realty

New
1372 Lil Avenue Ne, Rio Rancho

$245,000

1372 Lil Avenue Ne, Rio Rancho

2 Beds 2 Baths 942 SqFt Residential MLS® # 1110149

Congress Realty, Inc

636 San Pablo Street Se, Albuquerque

$245,499

↓ $4,501

636 San Pablo Street Se, Albuquerque

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

Keller Williams Realty

4211 Pitt Place Ne Unit 3, Albuquerque

$248,000

4211 Pitt Place Ne Unit 3, Albuquerque

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

Kate Southard Real Estate

705 Palomas Drive Se, Albuquerque

$248,000

705 Palomas Drive Se, Albuquerque

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

Simply Real Estate

Posted by Carlos Martinez on

Enjoy this blog post? Click here to subscribe for updates

Email Send a link to post via Email

Leave A Comment

e.g. yourwebsitename.com
Please note that your email address is kept private upon posting.