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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 Community-Overview

Rio Rancho Market Report

$221,753

AVERAGE PRICE OF 1,088 HOMES

$253,520

AVERAGE PRICE OF 5 DISTRESSED HOMES

$2,077,750

AVERAGE PRICE OF 4 MULTI-MILLION DOLLAR HOMES

$460,650

AVERAGE PRICE OF 142 NEWLY BUILT HOMES

$529,195

AVERAGE PRICE OF 20 HOMES WITH A POOL

$382,473

AVERAGE PRICE OF 25 REDUCED PRICE HOMES

Average Home

Average Price $221,753
Avg Bedrooms 1.5 beds
Avg Bathrooms 1.13 baths

Average Price by Bedrooms

1 bedroom $159,000
2 bedrooms $243,301
3 bedrooms $375,977
4 bedrooms $474,506
5 bedrooms $538,277
Rio Rancho Home Price Trends
  11/2022 10/2022 9/2022 8/2022 7/2022
Total Listings 1,104 1,129 1,153 n/a n/a
Average Price $231,586 $236,003 $241,692 n/a n/a
Avg Price Change -1.91% -2.41% n/a n/a n/a
Median Price $157,407 $174,437 $181,263 n/a n/a
Med Price Change -10.82% -3.91% n/a n/a n/a
Avg Bedrooms 1.6 beds 1.61 beds 1.64 beds n/a n/a
Avg Bathrooms 1.2 baths 1.2 baths 1.22 baths n/a n/a
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cibola 10 $365,642 79 days
Rio Rancho 117 $345,532 50 days
V. Sue Cleveland 217 $253,600 61 days
Volcano Vista 5 $439,880 79 days
West Mesa 2 $19,897 45 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,088 $221,753 62 days
Distressed Homes 5 $253,520 35 days
Multi-Million Dollar Homes 4 $2,077,750 78 days
Newly Built Homes 142 $460,650 65 days
Homes with a Pool 20 $529,195 53 days
Reduced Price Homes 25 $382,473 46 days
Keller Williams | Kingsmen Realty Group
Christopher Cruz
6703 Academy Rd. NE
Albuquerque, NM 87109
505-369-6285

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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