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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

$225,756

AVERAGE PRICE OF 2,189 HOMES

$247,433

AVERAGE PRICE OF 12 DISTRESSED HOMES

$2,077,750

AVERAGE PRICE OF 8 MULTI-MILLION DOLLAR HOMES

$459,531

AVERAGE PRICE OF 288 NEWLY BUILT HOMES

$519,645

AVERAGE PRICE OF 40 HOMES WITH A POOL

$372,981

AVERAGE PRICE OF 40 REDUCED PRICE HOMES

Average Home

Average Price $225,756
Avg Bedrooms 1.54 beds
Avg Bathrooms 1.15 baths

Average Price by Bedrooms

1 bedroom $159,000
2 bedrooms $237,779
3 bedrooms $374,311
4 bedrooms $473,679
5 bedrooms $539,823
Rio Rancho Home Price Trends
  10/2022 9/2022 8/2022 7/2022 6/2022
Total Listings 2,257 2,295 1,096 1,052 n/a
Average Price $235,962 $242,201 $240,280 $244,095 n/a
Avg Price Change -2.64% +0.80% -1.59% n/a n/a
Median Price $174,316 $185,140 $199,015 $208,200 n/a
Med Price Change -6.21% -7.49% -4.62% n/a n/a
Avg Bedrooms 1.61 beds 1.65 beds 1.68 beds 1.71 beds n/a
Avg Bathrooms 1.2 baths 1.23 baths 1.25 baths 1.27 baths n/a
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cibola 28 $379,312 113 days
Rio Rancho 250 $353,554 70 days
V. Sue Cleveland 436 $252,868 116 days
Volcano Vista 10 $439,880 149 days
West Mesa 4 $19,897 37 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,189 $225,756 110 days
Distressed Homes 12 $247,433 107 days
Multi-Million Dollar Homes 8 $2,077,750 131 days
Newly Built Homes 288 $459,531 92 days
Homes with a Pool 40 $519,645 53 days
Reduced Price Homes 40 $372,981 45 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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