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Rio Rancho

Why you'd want to live in Rio Rancho

The City of Rio Rancho began in the 1960s on 55,000 acres of land on the outskirts of Albuquerque. Today, Rio Rancho offers a cultural diversity within its population of 75,000. Every major attraction in the Land of Enchantment is accessible from Rio Rancho within a day’s scenic drive, including Indian Pueblos, Santa Fe, Taos, and so much more. Rio Rancho's high-desert climate provides breathtaking vistas and plenty of room for high-altitude outdoor adventures year-round. Even if you are just passing through, Rio Rancho offers a variety of affordable, modern and convenient lodging, dining and shopping opportunities. via New Mexico. Org

Rio Rancho Market Report

$256,704

AVERAGE PRICE OF 1,039 HOMES

$326,476

AVERAGE PRICE OF 13 DISTRESSED HOMES

$1,792,012

AVERAGE PRICE OF 11 MULTI-MILLION DOLLAR HOMES

$509,407

AVERAGE PRICE OF 171 NEWLY BUILT HOMES

$708,624

AVERAGE PRICE OF 8 HOMES WITH A POOL

$392,140

AVERAGE PRICE OF 31 REDUCED PRICE HOMES

Average Home

Average Price $256,704
Avg Bedrooms 1.61 beds
Avg Bathrooms 1.18 baths

Average Price by Bedrooms

2 bedrooms $273,015
3 bedrooms $414,328
4 bedrooms $508,126
5 bedrooms $551,309
Rio Rancho Home Price Trends
  12/2024 11/2024 10/2024 9/2024 8/2024
Total Listings 1,101 1,159 1,189 1,145 1,163
Average Price $256,805 $262,464 $267,931 $269,272 $263,955
Avg Price Change -2.20% -2.08% -0.50% +2.01% +0.74%
Median Price $190,192 $243,585 $254,854 $266,371 $262,964
Med Price Change -28.07% -4.63% -4.52% +1.30% +2.70%
Avg Bedrooms 1.64 beds 1.73 beds 1.76 beds 1.77 beds 1.74 beds
Avg Bathrooms 1.21 baths 1.28 baths 1.3 baths 1.32 baths 1.29 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
V. Sue Cleveland 211 $325,374 140 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,039 $256,704 170 days
Distressed Homes 13 $326,476 67 days
Multi-Million Dollar Homes 11 $1,792,012 93 days
Newly Built Homes 171 $509,407 111 days
Homes with a Pool 8 $708,624 90 days
Reduced Price Homes 31 $392,140 64 days
Realty ONE Group Concierge
100 Sun Avenue Northeast, Suite 150
Albuquerque, NM 87109
505-318-1111

UPAFE27023DB384E.png 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-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.
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