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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

$219,471

AVERAGE PRICE OF 2,022 HOMES

$334,100

AVERAGE PRICE OF 12 DISTRESSED HOMES

$2,470,333

AVERAGE PRICE OF 6 MULTI-MILLION DOLLAR HOMES

$469,499

AVERAGE PRICE OF 274 NEWLY BUILT HOMES

$529,800

AVERAGE PRICE OF 20 HOMES WITH A POOL

$409,168

AVERAGE PRICE OF 58 REDUCED PRICE HOMES

Average Home

Average Price $219,471
Avg Bedrooms 1.43 beds
Avg Bathrooms 1.09 baths

Average Price by Bedrooms

1 bedroom $125,000
2 bedrooms $236,398
3 bedrooms $389,025
4 bedrooms $477,221
5 bedrooms $595,767
Rio Rancho Home Price Trends
  1/2023 12/2022 11/2022 10/2022 9/2022
Total Listings 1,999 2,084 2,207 2,257 2,295
Average Price $217,357 $217,349 $231,560 $235,962 $242,201
Avg Price Change +0.00% -6.54% -1.90% -2.64% +0.80%
Median Price $104,525 $112,080 $157,265 $174,316 $185,140
Med Price Change -7.23% -40.31% -10.84% -6.21% -7.49%
Avg Bedrooms 1.43 beds 1.46 beds 1.6 beds 1.61 beds 1.65 beds
Avg Bathrooms 1.08 baths 1.09 baths 1.2 baths 1.2 baths 1.23 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cibola 6 $263,273 240 days
Independence 4 $544,950 115 days
Rio Rancho 200 $347,266 89 days
V. Sue Cleveland 434 $263,169 139 days
Volcano Vista 8 $409,552 128 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,022 $219,471 138 days
Distressed Homes 12 $334,100 136 days
Multi-Million Dollar Homes 6 $2,470,333 213 days
Newly Built Homes 274 $469,499 105 days
Homes with a Pool 20 $529,800 103 days
Reduced Price Homes 58 $409,168 56 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.
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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