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

$399,900

↓ $7,100

6329 Mesquite Drive Nw, Albuquerque

3 Beds 2 Baths 2,236 SqFt Residential MLS® # 1101863

Roadrunner Realty & Investment

$399,900

↓ $15,100

2812 Beach Road Nw, Albuquerque

3 Beds 2 Baths 1,899 SqFt Residential MLS® # 1102474

EXP Realty LLC

$399,900

1520 Rawhide Loop Ne, Rio Rancho

3 Beds 2 Baths 1,553 SqFt Residential MLS® # 1104366

LGI Homes

$399,900

↓ $25,100

1313 Georgia Street Ne, Albuquerque

4 Beds 2 Baths 1,973 SqFt Residential MLS® # 1104683

Keller Williams Realty

$399,900

↓ $9,100

3605 Chelwood Park Boulevard Ne, Albuquerque

4 Beds 2 Baths 2,316 SqFt Residential MLS® # 1106615

Coldwell Banker Legacy

$399,900

10631 Covered Wagon Avenue Se, Albuquerque

3 Beds 3 Baths 1,992 SqFt Residential MLS® # 1107258

Martinez Realty

$399,900

↓ $31,100

2240 Montevine Court Se, Rio Rancho

4 Beds 3 Baths 1,988 SqFt Residential MLS® # 1107538

Kellogg Agency Sales

$399,900

↓ $15,100

8800 Natalie Avenue Ne, Albuquerque

3 Beds 2 Baths 2,293 SqFt Residential MLS® # 1107727

New Mexico Home Brokers

$399,900

↓ $8,100

3540 Clear Creek Road Ne, Rio Rancho

5 Beds 3 Baths 2,794 SqFt Residential MLS® # 1108225

Couture Brokerage

$399,900

7250 Pelona Court Ne, Rio Rancho

3 Beds 2 Baths 1,808 SqFt Residential MLS® # 1108731

Real Broker, LLC

$399,900

9015 Freedom Way Ne, Albuquerque

3 Beds 2 Baths 1,911 SqFt Residential MLS® # 1109034

Platinum Realty Group

$399,900

↓ $15,100

8620 Mock Heather Road Nw, Albuquerque

3 Beds 2 Baths 1,963 SqFt Residential MLS® # 1109167

Keller Williams Realty

$399,900

1409 Princeton Drive Se, Albuquerque

4 Beds 2 Baths 1,707 SqFt Residential MLS® # 1109237

RE/MAX ELEVATE

$399,900

↓ $10,000

3305 Reina Court Ne, Albuquerque

4 Beds 2 Baths 1,641 SqFt Residential MLS® # 1109507

EXP Realty LLC

$399,900

11705 Blue Ribbon Road Se, Albuquerque

3 Beds 2 Baths 1,748 SqFt Residential MLS® # 1110019

The Maez Group

New

$399,900

1160 Toscana Drive Se, Rio Rancho

3 Beds 3 Baths 2,685 SqFt Residential MLS® # 1110436

Berkshire Hathaway NM Prop

New

$399,900

7007 Wrangell Loop Ne, Rio Rancho

4 Beds 3 Baths 1,734 SqFt Residential MLS® # 1110462

Realty One of New Mexico

New

$399,900

5227 Tierra Amada Street Nw, Albuquerque

3 Beds 2 Baths 1,965 SqFt Residential MLS® # 1110465

Property Pros Realty, LLC

$399,990

↓ $10,000

3324 Dijamant Loop Se, Rio Rancho

3 Beds 2 Baths 1,420 SqFt Residential MLS® # 1101116

D.R. Horton, Inc.

$399,990

↓ $5,000

3360 Dijamant Loop Se, Rio Rancho

3 Beds 2 Baths 1,519 SqFt Residential MLS® # 1105539

D.R. Horton, Inc.

$399,990

↓ $5,000

6018 Gilpin Drive Se, Albuquerque

3 Beds 3 Baths 1,850 SqFt Residential MLS® # 1106327

D.R. Horton, Inc.

$399,990

↓ $10

6904 Shale Avenue Ne, Albuquerque

3 Beds 3 Baths 1,658 SqFt Residential MLS® # 1107547

Realty One of New Mexico

Open House

$399,990

↓ $14,000

6714 Brianna Drive Ne, Rio Rancho

3 Beds 2 Baths 1,570 SqFt Residential

Open House

Wed, Sep 9th, 2026 @ 10am - 6pm

MLS® # 1107816

D.R. Horton, Inc.

$399,990

3368 Dijamant Loop Se, Rio Rancho

3 Beds 2 Baths 1,420 SqFt Residential MLS® # 1107938

D.R. Horton, Inc.

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