Rio Rancho Market Report

$241,027

AVERAGE PRICE OF 1,148 HOMES

$128,750

AVERAGE PRICE OF 2 DISTRESSED HOMES

$1,743,000

AVERAGE PRICE OF 7 MULTI-MILLION DOLLAR HOMES

$471,966

AVERAGE PRICE OF 161 NEWLY BUILT HOMES

$557,735

AVERAGE PRICE OF 25 HOMES WITH A POOL

$451,484

AVERAGE PRICE OF 38 REDUCED PRICE HOMES

Average Home

Average Price $241,027
Avg Bedrooms 2.01 beds
Avg Bathrooms 1.55 baths

Average Price by Bedrooms

1 bedroom $159,000
2 bedrooms $267,042
3 bedrooms $393,437
4 bedrooms $466,079
5 bedrooms $559,020
Rio Rancho Home Price Trends
  9/2022 8/2022 7/2022 6/2022 5/2022
Total Listings 1,152 1,106 1,063 n/a n/a
Average Price $243,659 $241,170 $245,444 n/a n/a
Avg Price Change +1.03% -1.77% n/a n/a n/a
Median Price $190,325 $200,237 $209,513 n/a n/a
Med Price Change -5.21% -4.63% n/a n/a n/a
Avg Bedrooms 2.23 beds 2.23 beds 2.31 beds n/a n/a
Avg Bathrooms 1.63 baths 1.57 baths 1.63 baths n/a n/a
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cibola 18 $385,241 82 days
Rio Rancho 120 $375,086 84 days
Rio Rancho High School 3 $407,500 35 days
Unknown 1 $139,000 108 days
V. Sue Cleveland 207 $264,634 151 days
V. Sue Cleveland High School 4 $314,350 50 days
Valley 1 $547,964 233 days
Volcano Vista 5 $455,352 169 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,148 $241,027 94 days
Distressed Homes 2 $128,750 477 days
Multi-Million Dollar Homes 7 $1,743,000 214 days
Newly Built Homes 161 $471,966 84 days
Homes with a Pool 25 $557,735 57 days
Reduced Price Homes 38 $451,484 47 days
RE/MAX Alliance
9577 Osuna Rd NE #b
Albuquerque, NM 87122

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The data relating to real estate for sale in this Website comes in part from the Internet Data Exchange ("IDX'') program of Santa Fe Association of REALTORS®, Inc. from a copyrighted compilation of listings. Real estate listings held by brokers other than RE/MAX Alliance are marked with the IDX Logo. All data in this Website is deemed reliable but is not guaranteed accurate, and should be independently verified. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All Rights Reserved. All real estate advertised herein is subject to the Federal Fair Housing Act and the New Mexico Fair Housing Act, which provide that it is illegal to make or publish any advertisement which indicates any preference, limitation, or discrimination based upon race, color, religion, sex, handicap, familial status, or national origin. Santa Fe Association of REALTORS®, Inc. will not knowingly accept any advertising for the sale of real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.
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