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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 sits at an elevation of approximately 5,290 feet and enjoys a picturesque view of the Sandia Mountains. via https://rrnm.gov/4185/Community-Overview

Rio Rancho Market Report

$242,956

AVERAGE PRICE OF 1,160 HOMES

$128,750

AVERAGE PRICE OF 2 DISTRESSED HOMES

$1,675,125

AVERAGE PRICE OF 8 MULTI-MILLION DOLLAR HOMES

$474,443

AVERAGE PRICE OF 167 NEWLY BUILT HOMES

$570,039

AVERAGE PRICE OF 23 HOMES WITH A POOL

$378,954

AVERAGE PRICE OF 33 REDUCED PRICE HOMES

Average Home

Average Price $242,956
Avg Bedrooms 1.66 beds
Avg Bathrooms 1.24 baths

Average Price by Bedrooms

1 bedroom $159,000
2 bedrooms $241,986
3 bedrooms $382,944
4 bedrooms $475,117
5 bedrooms $560,793
Rio Rancho Home Price Trends
  8/2022 7/2022 6/2022 5/2022 4/2022
Total Listings 1,096 1,052 n/a n/a n/a
Average Price $240,280 $244,095 n/a n/a n/a
Avg Price Change -1.59% n/a n/a n/a n/a
Median Price $199,015 $208,200 n/a n/a n/a
Med Price Change -4.62% n/a n/a n/a n/a
Avg Bedrooms 1.68 beds 1.71 beds n/a n/a n/a
Avg Bathrooms 1.25 baths 1.27 baths n/a n/a n/a
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cibola 18 $385,241 76 days
Rio Rancho 126 $378,316 83 days
V. Sue Cleveland 209 $267,617 148 days
Valley 1 $547,964 227 days
Volcano Vista 6 $390,293 146 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,160 $242,956 134 days
Distressed Homes 2 $128,750 471 days
Multi-Million Dollar Homes 8 $1,675,125 205 days
Newly Built Homes 167 $474,443 93 days
Homes with a Pool 23 $570,039 43 days
Reduced Price Homes 33 $378,954 73 days
Realty ONE Group - Concierge
Genevive Vasquez
100 Sun Ave NE Suite 150
Albuquerque, NM 87109
505-350-4733

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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