Rio Rancho Market Report
$240,526
AVERAGE PRICE OF 1,147 HOMES$328,537
AVERAGE PRICE OF 8 DISTRESSED HOMES$2,009,571
AVERAGE PRICE OF 7 MULTI-MILLION DOLLAR HOMES$452,304
AVERAGE PRICE OF 178 NEWLY BUILT HOMES$550,035
AVERAGE PRICE OF 17 HOMES WITH A POOL$412,950
AVERAGE PRICE OF 33 REDUCED PRICE HOMESAverage Home
| Average Price | $240,526 |
| Avg Bedrooms | 1.59 beds |
| Avg Bathrooms | 1.17 baths |
Average Price by Bedrooms
| 1 bedroom | $140,000 |
| 2 bedrooms | $262,255 |
| 3 bedrooms | $388,817 |
| 4 bedrooms | $465,013 |
| 5 bedrooms | $552,397 |
Rio Rancho Home Price Trends
| 9/2023 | 8/2023 | 7/2023 | 6/2023 | 5/2023 | |
|---|---|---|---|---|---|
| Total Listings | 1,130 | 1,116 | 1,086 | 1,060 | 1,026 |
| Average Price | $241,968 | $240,192 | $232,369 | $235,949 | $234,168 |
| Avg Price Change | +0.74% | +3.37% | -1.54% | +0.76% | +3.93% |
| Median Price | $165,970 | $154,950 | $127,625 | $138,033 | $127,485 |
| Med Price Change | +7.11% | +21.41% | -8.16% | +8.27% | +19.74% |
| Avg Bedrooms | 1.6 beds | 1.57 beds | 1.5 beds | 1.54 beds | 1.54 beds |
| Avg Bathrooms | 1.18 baths | 1.16 baths | 1.11 baths | 1.14 baths | 1.14 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Cibola | 13 | $398,836 | 110 days |
| Rio Rancho | 133 | $359,650 | 84 days |
| V. Sue Cleveland | 254 | $330,457 | 120 days |
| Volcano Vista | 4 | $435,481 | 155 days |
| West Mesa | 2 | $19,897 | 342 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 1,147 | $240,526 | 146 days |
| Distressed Homes | 8 | $328,537 | 34 days |
| Multi-Million Dollar Homes | 7 | $2,009,571 | 137 days |
| Newly Built Homes | 178 | $452,304 | 83 days |
| Homes with a Pool | 17 | $550,035 | 49 days |
| Reduced Price Homes | 33 | $412,950 | 47 days |
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.
