Bernalillo County Homes For Sale Under $200,000
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Bernalillo County Homes For Sale Under $200,000 real estate
Homes Under $200,000 in Bernalillo County
This page lists homes and condos for sale in Bernalillo County with an asking price under $200,000, newest first. At this price you are well below the typical sale price in the county. In the second quarter of 2026, attached homes such as condos and townhomes in Albuquerque sold for a median of $270,000, and detached homes for a median of $377,500, according to the Greater Albuquerque Association of REALTORS® (GAAR) 2nd Quarter 2026 report. That means most listings here are smaller condos and townhomes, older homes that may need work, and some manufactured homes.
A few things matter more at this price than at any other:
- Condition: budget for a full inspection, including the roof, sewer line, heating and cooling, and electrical panel.
- Condo and townhome rules: read the association documents and budget before you commit, and ask whether any special assessments are planned.
- Manufactured homes: ask whether the home sits on a permanent foundation and is titled as real property, because that affects which loans you can use.
- Financing: Housing New Mexico (the New Mexico Mortgage Finance Authority) runs home-buyer programs; check current eligibility with them or your lender.
Homes in this range often draw several offers, so it helps to be pre-approved before you tour.
Questions about a home on this page? Call Albuquerque Realty at (505) 226-2083. Our office is at 500 Marquette Ave NW, Suite 1200, Albuquerque, open 9 to 6. Thinking of selling instead? Start with a free home valuation.
Frequently Asked Questions
What can you buy for under $200,000 in Bernalillo County?
Mostly condos, townhomes, smaller older homes that may need updating, and some manufactured homes. In the second quarter of 2026 the median sale price for attached homes in Albuquerque was $270,000, according to GAAR, so listings under $200,000 are well below the typical price.
Can I use a home-buyer assistance program on a home under $200,000?
Often, yes. Housing New Mexico (the New Mexico Mortgage Finance Authority) offers home-buyer programs through participating lenders. Eligibility, income limits and the property rules change, so confirm the current terms with them or your lender.
Why don't land lots show up on this page?
This search is set to homes and condos only, so vacant land and lots are left out. If you are looking for land, call Albuquerque Realty at (505) 226-2083 and we can set up a separate land search.
Last updated October 2026 by Albuquerque Realty, 500 Marquette Ave NW, Suite 1200, Albuquerque, NM 87102. Call (505) 226-2083.
Bernalillo County Homes For Sale Under $200,000
DEAL ALERT! Rare Opportunity w/ Tons of Upside in ABQ's Historic North Valley! Conveniently Located Near Old Town, Sawmill District + The Rio Grande! Possible Rehab/Flip,...
- 2 Beds
- 1 Baths
Welcome to this well-maintained 2-bedroom, 1-bath condo in the gated Hillcrest Park community, conveniently located near Carlisle and Montgomery. Features include new ref...
- 2 Beds
- 1 Baths
STUNNING 3-Bedroom, 2-Bath Condo Nestled In The Highly Coveted Sandia Foothills At The Pointe Condominiums! Private Ground-Level Entrance Leads To An Open & Flowing Floor...
- 3 Beds
- 2 Baths
Welcome to this 3-bedroom, 2-bath, single-story townhome in southeast Albuquerque! Located in the Four Hills community, this home offers access to local parks, neighborho...
- 3 Beds
- 2 Baths
Well cared for and move-in ready, this comfortable two-bedroom condo offers a practical floor plan with some nice touches throughout. The open kitchen connects to the li...
- 2 Beds
- 3 Baths
Incredible opportunity in the heart of the highly desirable Huning Highlands Historic District! ***MXT ZONING***This charming 2-bedroom, 1-bathroom home offers a unique o...
- 2 Beds
- 1 Baths
Come see this cozy 1 bedroom, 1 bathroom home, conveniently located just one block from the zoo! The home features two entry doors leading into the living room and kitche...
- 1 Beds
- 1 Baths
You are going to love this well-maintained, move-in-ready 2-bedroom condo in a private gated community in the North Valley. <br><br>The inviting floor plan features a com...
- 2 Beds
- 1 Baths
Priced well below the area's median home values of $260,000-$310,000, 3832 Evansdale Rd NW presents an extraordinary value-add opportunity for real estate investors, hous...
- 2 Beds
- 1 Baths
Cozy townhouse centrally located minutes from Downtown, North Valley, the Rio Grande and convenient freeway access. Enjoy the recently updated kitchen with fresh cabinet...
- 2 Beds
- 1 Baths
Fresh, modern, and move-in ready, this beautifully updated 2-bedroom, 1-bathroom condo in Albuquerque's NE Heights offers an impressive list of recent improvements. Step ...
- 2 Beds
- 1 Baths
Cute ranch style home in the heart of the south valley. This 2 bedroom 1 bath home features eat in dining. Home sits on good size city lot.
- 2 Beds
- 1 Baths
Fixer upper
- 3 Beds
- 2 Baths
****INVESTORS****CURRENTLY LEASED****This efficient studio condo offers 531 square feet of smart living in the heart of downtown Albuquerque. With a full bathroom and ope...
- 1 Baths
Move-in-ready Uptown living at Winrock Villas. This bright one bedroom condo has an open living and dining area that flows onto a private patio, and a primary suite with ...
- 1 Beds
- 1 Baths
Welcome home to this beautifully renovated 2-bedroom, 1-bathroom condo, offering the perfect combination of comfort, style, and convenience with stunning views of the San...
- 2 Beds
- 1 Baths
Welcome to this updated 2-bedroom condo, conveniently located near the clubhouse and pool. This move-in-ready home features vinyl flooring and carpet, refrigerated air, r...
- 2 Beds
- 1 Baths
Great opportunity for this fixer-upper situated on a spacious lot. Sold as-is.
- 2 Beds
- 2 Baths
Northeast Townhouse ready for its new owners! 2-bedrooms in the upstairs area, with a balcony facing the mountains! 1 full bath upstairs. 1 half bathroom downstairs. Wash...
- 2 Beds
- 2 Baths
Welcome home to this light, bright, and beautifully updated first-floor condo featuring 2 spacious bedrooms and 2 full bathrooms! The open living and dining areas flow se...
- 2 Beds
- 2 Baths
Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.
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