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, $300,000 - $400,000

• 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

$375,000

↓ $15,000

2190 Monterrey Road Ne, Rio Rancho

3 Beds 2 Baths 1,450 SqFt Residential MLS® # 1108790

Coldwell Banker Legacy

$375,000

4900 Justin Drive Nw, Albuquerque

3 Beds 2 Baths 1,853 SqFt Residential MLS® # 1108826

360 Ventures Real Estate

$375,000

4705 Golden Barrel Road Nw, Albuquerque

3 Beds 3 Baths 1,799 SqFt Residential MLS® # 1108871

Realty One of New Mexico

$375,000

4337 Golden Eagle Loop Ne, Rio Rancho

4 Beds 2 Baths 1,734 SqFt Residential MLS® # 1108959

Coldwell Banker Legacy

$375,000

↓ $5,000

6321 Antares Road Ne, Albuquerque

2 Beds 2 Baths 1,676 SqFt Residential MLS® # 1108966

Q Realty

$375,000

3315 Esplanade Circle Se, Rio Rancho

3 Beds 2 Baths 1,700 SqFt Residential MLS® # 1109178

RE/MAX ELEVATE

$375,000

4428 Alpine Circle Se, Albuquerque

3 Beds 2 Baths 1,634 SqFt Residential MLS® # 1109505

Signature Southwest Properties

$375,000

105 Latigo Trail Se, Rio Rancho

3 Beds 3 Baths 1,697 SqFt Residential MLS® # 1109691

The Hive RE Collective

$375,000

↓ $25,000

3114 Morningside Drive Ne, Albuquerque

5 Beds 2 Baths 2,325 SqFt Residential MLS® # 1109791

Berkshire Hathaway NM Prop

$375,000

6740 Kelly Ann Road Ne, Albuquerque

2 Beds 2 Baths 1,776 SqFt Residential MLS® # 1109907

Realty One of New Mexico

$375,000

9012 Lagrima De Oro Road Ne, Albuquerque

4 Beds 2 Baths 2,270 SqFt Residential MLS® # 1110007

Coldwell Banker Legacy

$375,000

3709 Valerie Place Ne, Albuquerque

3 Beds 2 Baths 1,829 SqFt Residential MLS® # 1110184

LPT Realty

New

$375,000

9859 Camino San Martin Drive Sw, Albuquerque

3 Beds 3 Baths 2,208 SqFt Residential MLS® # 1110476

Realty One of New Mexico

New

$375,000

10512 Chance Court Nw, Albuquerque

3 Beds 3 Baths 2,218 SqFt Residential MLS® # 1110595

RE/MAX ELEVATE

$376,000

↓ $9,000

445 Graceland Drive Se, Albuquerque

3 Beds 2 Baths 1,802 SqFt Residential MLS® # 1107600

Coldwell Banker Legacy

$376,560

282 Spectrum Avenue Sw, Rio Rancho

4 Beds 2 Baths 1,537 SqFt Residential MLS® # 1108546

Pulte Homes of New Mexico

$378,000

14209 Ciudad Court Ne, Albuquerque

3 Beds 3 Baths 2,250 SqFt Residential MLS® # 1105342

Realty One of New Mexico

Open House

$378,900

↓ $20,000

600 Alcalde Place Sw 5a, Albuquerque

2 Beds 2 Baths 1,317 SqFt Residential

Open House

Sun, Sep 13th, 2026 @ 11am - 1pm

MLS® # 1104530

Real Broker, LLC

$379,000

↓ $5,000

1401 35th Circle Se, Rio Rancho

3 Beds 2 Baths 1,947 SqFt Residential MLS® # 1101918

The Hive RE Collective

Open House

$379,000

↓ $1,000

11701 Blue Ribbon Road Se, Albuquerque

3 Beds 2 Baths 1,338 SqFt Residential

Open House

Fri, Sep 11th, 2026 @ 12pm - 2pm

MLS® # 1103962

Coldwell Banker Legacy

$379,000

↓ $6,000

6123 Motherwell Drive Se, Albuquerque

3 Beds 3 Baths 1,879 SqFt Residential MLS® # 1106100

EXP Realty, LLC

$379,000

↓ $10,000

785 Tramway Lane Ne # 10, Albuquerque

3 Beds 3 Baths 1,702 SqFt Residential MLS® # 1106914

Coldwell Banker Legacy

$379,000

4221 Saddlewood Trail Se, Rio Rancho

3 Beds 2 Baths 1,946 SqFt Residential MLS® # 1108181

ERA Summit

$379,000

↓ $6,000

9712 Baby Deena Street Nw, Albuquerque

3 Beds 3 Baths 1,917 SqFt Residential MLS® # 1108929

Southwest Select Properties

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