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Rio Rancho

Why you'd want to live in Rio Rancho

Rio Rancho is the 3rd largest city in New Mexico, the fastest growing community in the state, and one of the fastest growing in the southwest. Rio Rancho has been recognized as one of “America’s 50 Best Cities to Live” citing exceptional public schools and well below national average crime rates (24/7 Wall Street). Rio Rancho encompasses approximately 104 sq. mi. and sits at an elevation of approximately 5,290 feet. via rrnm.gov

Rio Rancho Market Report

$267,565

AVERAGE PRICE OF 1,124 HOMES

$305,823

AVERAGE PRICE OF 16 DISTRESSED HOMES

$1,417,168

AVERAGE PRICE OF 13 MULTI-MILLION DOLLAR HOMES

$508,301

AVERAGE PRICE OF 212 NEWLY BUILT HOMES

$636,019

AVERAGE PRICE OF 21 HOMES WITH A POOL

$445,253

AVERAGE PRICE OF 22 REDUCED PRICE HOMES

Average Home

Average Price $267,565
Avg Bedrooms 1.77 beds
Avg Bathrooms 1.31 baths

Average Price by Bedrooms

1 bedroom $154,900
2 bedrooms $270,984
3 bedrooms $395,975
4 bedrooms $513,096
5 bedrooms $595,630
Rio Rancho Home Price Trends
  8/2024 7/2024 6/2024 5/2024 4/2024
Total Listings 1,163 1,129 1,115 1,112 1,068
Average Price $263,955 $262,016 $258,384 $254,679 $252,618
Avg Price Change +0.74% +1.41% +1.45% +0.82% +0.04%
Median Price $262,964 $256,052 $245,122 $230,243 $205,116
Med Price Change +2.70% +4.46% +6.46% +12.25% -8.63%
Avg Bedrooms 1.74 beds 1.71 beds 1.69 beds 1.67 beds 1.63 beds
Avg Bathrooms 1.29 baths 1.27 baths 1.25 baths 1.26 baths 1.23 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
V. Sue Cleveland 237 $331,946 120 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,124 $267,565 143 days
Distressed Homes 16 $305,823 20 days
Multi-Million Dollar Homes 13 $1,417,168 86 days
Newly Built Homes 212 $508,301 83 days
Homes with a Pool 21 $636,019 40 days
Reduced Price Homes 22 $445,253 39 days
All In Realty
Jeff & Stevanna Price
2116 Vista Oesta NW
Albuquerque, NM 87120
505-410-3508

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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