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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

$252,367

AVERAGE PRICE OF 1,073 HOMES

$306,450

AVERAGE PRICE OF 6 DISTRESSED HOMES

$1,744,429

AVERAGE PRICE OF 7 MULTI-MILLION DOLLAR HOMES

$487,599

AVERAGE PRICE OF 178 NEWLY BUILT HOMES

$518,604

AVERAGE PRICE OF 14 HOMES WITH A POOL

$426,701

AVERAGE PRICE OF 26 REDUCED PRICE HOMES

Average Home

Average Price $252,367
Avg Bedrooms 1.62 beds
Avg Bathrooms 1.22 baths

Average Price by Bedrooms

2 bedrooms $295,340
3 bedrooms $397,127
4 bedrooms $502,112
5 bedrooms $603,058
Rio Rancho Home Price Trends
  3/2024 2/2024 1/2024 12/2023 11/2023
Total Listings 1,068 1,090 1,099 1,112 1,142
Average Price $252,507 $241,359 $236,384 $237,397 $240,827
Avg Price Change +4.62% +2.10% -0.43% -1.44% -0.71%
Median Price $222,820 $165,043 $149,150 $152,585 $177,770
Med Price Change +35.01% +10.66% -2.30% -16.51% -5.52%
Avg Bedrooms 1.64 beds 1.56 beds 1.51 beds 1.52 beds 1.57 beds
Avg Bathrooms 1.23 baths 1.17 baths 1.13 baths 1.13 baths 1.16 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
V. Sue Cleveland 217 $325,633 130 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,073 $252,367 155 days
Distressed Homes 6 $306,450 75 days
Multi-Million Dollar Homes 7 $1,744,429 178 days
Newly Built Homes 178 $487,599 92 days
Homes with a Pool 14 $518,604 51 days
Reduced Price Homes 26 $426,701 46 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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