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Rio Rancho

Why you'd want to live in Rio Rancho

Rio Rancho, situated just northwest of Albuquerque, provides a more suburban lifestyle while still being close to the amenities of a larger city. This growing community offers picturesque views of the Sandia Mountains and easy access to outdoor recreation areas. With a lower population density compared to Albuquerque, Rio Rancho provides a quieter environment while still having convenient access to shopping, dining, and entertainment options.

Rio Rancho Market Report

$264,685

AVERAGE PRICE OF 1,162 HOMES

$317,919

AVERAGE PRICE OF 4 DISTRESSED HOMES

$1,564,033

AVERAGE PRICE OF 11 MULTI-MILLION DOLLAR HOMES

$487,716

AVERAGE PRICE OF 214 NEWLY BUILT HOMES

$565,257

AVERAGE PRICE OF 19 HOMES WITH A POOL

$420,182

AVERAGE PRICE OF 36 REDUCED PRICE HOMES

Average Home

Average Price $264,685
Avg Bedrooms 1.74 beds
Avg Bathrooms 1.29 baths

Average Price by Bedrooms

2 bedrooms $289,567
3 bedrooms $390,228
4 bedrooms $504,982
5 bedrooms $582,720
Rio Rancho Home Price Trends
  6/2024 5/2024 4/2024 3/2024 2/2024
Total Listings 1,115 1,112 1,068 1,068 1,090
Average Price $258,384 $254,679 $252,618 $252,507 $241,359
Avg Price Change +1.45% +0.82% +0.04% +4.62% +2.10%
Median Price $245,122 $230,243 $205,116 $222,820 $165,043
Med Price Change +6.46% +12.25% -8.63% +35.01% +10.66%
Avg Bedrooms 1.69 beds 1.67 beds 1.63 beds 1.64 beds 1.56 beds
Avg Bathrooms 1.25 baths 1.26 baths 1.23 baths 1.23 baths 1.17 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
V. Sue Cleveland 205 $339,468 122 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,162 $264,685 152 days
Distressed Homes 4 $317,919 108 days
Multi-Million Dollar Homes 11 $1,564,033 112 days
Newly Built Homes 214 $487,716 85 days
Homes with a Pool 19 $565,257 30 days
Reduced Price Homes 36 $420,182 49 days
The Bader Real Estate Group - Keller Williams Realty Albuquerque
Mary Engel-Bader
6703 Academy Rd NE
Albuquerque, NM 87109
505-301-9216

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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