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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

$215,288

AVERAGE PRICE OF 999 HOMES

$223,683

AVERAGE PRICE OF 6 DISTRESSED HOMES

$2,370,000

AVERAGE PRICE OF 3 MULTI-MILLION DOLLAR HOMES

$465,565

AVERAGE PRICE OF 133 NEWLY BUILT HOMES

$563,990

AVERAGE PRICE OF 11 HOMES WITH A POOL

$347,265

AVERAGE PRICE OF 9 REDUCED PRICE HOMES

Average Home

Average Price $215,288
Avg Bedrooms 1.4 beds
Avg Bathrooms 1.05 baths

Average Price by Bedrooms

2 bedrooms $246,187
3 bedrooms $397,219
4 bedrooms $476,091
5 bedrooms $561,897
Rio Rancho Home Price Trends
  2/2023 1/2023 12/2022 11/2022 10/2022
Total Listings 1,011 1,000 1,043 1,104 1,129
Average Price $218,319 $217,448 $217,447 $231,586 $236,003
Avg Price Change +0.40% +0.00% -6.50% -1.91% -2.41%
Median Price $104,004 $104,595 $111,957 $157,407 $174,437
Med Price Change -0.57% -7.04% -40.60% -10.82% -3.91%
Avg Bedrooms 1.42 beds 1.43 beds 1.46 beds 1.6 beds 1.61 beds
Avg Bathrooms 1.08 baths 1.08 baths 1.09 baths 1.2 baths 1.2 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cibola 6 $360,875 80 days
Rio Rancho 92 $342,879 81 days
V. Sue Cleveland 218 $276,611 112 days
Volcano Vista 4 $438,166 61 days
West Mesa 2 $19,897 150 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 999 $215,288 112 days
Distressed Homes 6 $223,683 67 days
Multi-Million Dollar Homes 3 $2,370,000 75 days
Newly Built Homes 133 $465,565 102 days
Homes with a Pool 11 $563,990 66 days
Reduced Price Homes 9 $347,265 111 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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