Rio Rancho Market Report
$256,169
AVERAGE PRICE OF 1,121 HOMES$308,273
AVERAGE PRICE OF 15 DISTRESSED HOMES$1,876,213
AVERAGE PRICE OF 10 MULTI-MILLION DOLLAR HOMES$496,699
AVERAGE PRICE OF 211 NEWLY BUILT HOMES$535,311
AVERAGE PRICE OF 9 HOMES WITH A POOL$413,541
AVERAGE PRICE OF 28 REDUCED PRICE HOMESAverage Home
| Average Price | $256,169 |
| Avg Bedrooms | 1.65 beds |
| Avg Bathrooms | 1.21 baths |
Average Price by Bedrooms
| 1 bedroom | $160,000 |
| 2 bedrooms | $262,976 |
| 3 bedrooms | $406,484 |
| 4 bedrooms | $497,486 |
| 5 bedrooms | $547,875 |
Rio Rancho Home Price Trends
| 11/2024 | 10/2024 | 9/2024 | 8/2024 | 7/2024 | |
|---|---|---|---|---|---|
| Total Listings | 1,159 | 1,189 | 1,145 | 1,163 | 1,129 |
| Average Price | $262,464 | $267,931 | $269,272 | $263,955 | $262,016 |
| Avg Price Change | -2.08% | -0.50% | +2.01% | +0.74% | +1.41% |
| Median Price | $243,585 | $254,854 | $266,371 | $262,964 | $256,052 |
| Med Price Change | -4.63% | -4.52% | +1.30% | +2.70% | +4.46% |
| Avg Bedrooms | 1.73 beds | 1.76 beds | 1.77 beds | 1.74 beds | 1.71 beds |
| Avg Bathrooms | 1.28 baths | 1.3 baths | 1.32 baths | 1.29 baths | 1.27 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| V. Sue Cleveland | 238 | $315,344 | 143 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 1,121 | $256,169 | 159 days |
| Distressed Homes | 15 | $308,273 | 56 days |
| Multi-Million Dollar Homes | 10 | $1,876,213 | 90 days |
| Newly Built Homes | 211 | $496,699 | 105 days |
| Homes with a Pool | 9 | $535,311 | 101 days |
| Reduced Price Homes | 28 | $413,541 | 76 days |
