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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

$239,202

AVERAGE PRICE OF 1,135 HOMES

$333,537

AVERAGE PRICE OF 8 DISTRESSED HOMES

$2,009,571

AVERAGE PRICE OF 7 MULTI-MILLION DOLLAR HOMES

$449,329

AVERAGE PRICE OF 176 NEWLY BUILT HOMES

$518,316

AVERAGE PRICE OF 18 HOMES WITH A POOL

$448,368

AVERAGE PRICE OF 27 REDUCED PRICE HOMES

Average Home

Average Price $239,202
Avg Bedrooms 1.58 beds
Avg Bathrooms 1.16 baths

Average Price by Bedrooms

1 bedroom $140,000
2 bedrooms $261,910
3 bedrooms $393,823
4 bedrooms $461,222
5 bedrooms $550,865
Rio Rancho Home Price Trends
  8/2023 7/2023 6/2023 5/2023 4/2023
Total Listings 1,116 1,086 1,060 1,026 1,023
Average Price $240,192 $232,369 $235,949 $234,168 $225,312
Avg Price Change +3.37% -1.54% +0.76% +3.93% +4.87%
Median Price $154,950 $127,625 $138,033 $127,485 $106,466
Med Price Change +21.41% -8.16% +8.27% +19.74% +13.54%
Avg Bedrooms 1.57 beds 1.5 beds 1.54 beds 1.54 beds 1.47 beds
Avg Bathrooms 1.16 baths 1.11 baths 1.14 baths 1.14 baths 1.1 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cibola 13 $389,156 116 days
Rio Rancho 133 $356,809 86 days
V. Sue Cleveland 256 $326,832 115 days
Volcano Vista 3 $398,975 197 days
West Mesa 2 $19,897 333 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,135 $239,202 144 days
Distressed Homes 8 $333,537 34 days
Multi-Million Dollar Homes 7 $2,009,571 128 days
Newly Built Homes 176 $449,329 85 days
Homes with a Pool 18 $518,316 52 days
Reduced Price Homes 27 $448,368 40 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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