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Rio Rancho

Why you'd want to live in Rio Rancho

Experience the unique culture and history of the area with a day trip to nearby National Parks, scenic byways, world-class museums, archeological ruins, rural landscapes, and high-tech attractions. Thanks to its central location, many of the Land of Enchantment’s major sites and attractions are accessible from Rio Rancho within a scenic day’s drive, including Santa Fe, Taos, and so much more. Rio Rancho’s high-desert climate provides breathtaking vistas and plenty of room for high-altitude outdoor adventures year-round. Even if you’re just passing through, Rio Rancho offers a variety of affordable, modern, and convenient lodging, dining, and shopping opportunities. via newmexico.org

Rio Rancho Market Report

$220,340

AVERAGE PRICE OF 1,021 HOMES

$332,866

AVERAGE PRICE OF 6 DISTRESSED HOMES

$3,055,500

AVERAGE PRICE OF 2 MULTI-MILLION DOLLAR HOMES

$462,668

AVERAGE PRICE OF 145 NEWLY BUILT HOMES

$515,907

AVERAGE PRICE OF 14 HOMES WITH A POOL

$402,988

AVERAGE PRICE OF 33 REDUCED PRICE HOMES

Average Home

Average Price $220,340
Avg Bedrooms 2.34 beds
Avg Bathrooms 1.84 baths

Average Price by Bedrooms

1 bedroom $125,000
2 bedrooms $262,013
3 bedrooms $375,508
4 bedrooms $467,134
5 bedrooms $562,136
Rio Rancho Home Price Trends
  1/2023 12/2022 11/2022 10/2022 9/2022
Total Listings 1,010 1,052 1,112 1,135 1,163
Average Price $218,961 $218,374 $232,161 $236,394 $242,635
Avg Price Change +0.27% -6.31% -1.82% -2.64% -39.61%
Median Price $107,386 $113,973 $158,700 $175,103 $182,588
Med Price Change -6.13% -39.24% -10.34% -4.27% -83.05%
Avg Bedrooms 2.28 beds 2.22 beds 2.19 beds 1.88 beds 2.22 beds
Avg Bathrooms 1.79 baths 1.69 baths 1.68 baths 1.51 baths 1.62 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cibola 3 $263,273 100 days
Independence 2 $544,950 79 days
Rio Rancho 98 $346,710 70 days
Rio Rancho High School 2 $352,836 72 days
V. Sue Cleveland 220 $265,535 89 days
V. Sue Cleveland High School 10 $392,765 69 days
Volcano Vista 4 $409,552 55 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,021 $220,340 81 days
Distressed Homes 6 $332,866 62 days
Multi-Million Dollar Homes 2 $3,055,500 137 days
Newly Built Homes 145 $462,668 73 days
Homes with a Pool 14 $515,907 49 days
Reduced Price Homes 33 $402,988 53 days
Keller Williams Realty | David Roybal and Associates
David Roybal
6703 Academy Road NE
Albuquerque, NM 87109
505-459-0765

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