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Rio Rancho Market Report

$209,597

AVERAGE PRICE OF 1,065 HOMES

$197,557

AVERAGE PRICE OF 7 DISTRESSED HOMES

$2,068,192

AVERAGE PRICE OF 6 MULTI-MILLION DOLLAR HOMES

$362,975

AVERAGE PRICE OF 114 NEWLY BUILT HOMES

$461,178

AVERAGE PRICE OF 24 HOMES WITH A POOL

$173,338

AVERAGE PRICE OF 13 REDUCED PRICE HOMES

Average Home

Average Price $209,597
Avg Bedrooms 1.73 beds
Avg Bathrooms 1.29 baths

Average Price by Bedrooms

1 bedroom $105,000
2 bedrooms $185,009
3 bedrooms $295,944
4 bedrooms $388,115
5 bedrooms $425,872
Rio Rancho Home Price Trends
  4/2021 3/2021 2/2021 1/2021 12/2020
Total Listings 1,042 1,067 1,076 990 1,044
Average Price $204,020 $201,180 $196,085 $200,864 $206,140
Avg Price Change +1.41% +2.60% -2.44% -2.63% +1.99%
Median Price $168,346 $172,561 $165,326 $160,242 $178,535
Med Price Change -2.50% +4.38% +3.17% -11.42% -6.36%
Avg Bedrooms 1.7 beds 1.73 beds 1.72 beds 1.72 beds 1.79 beds
Avg Bathrooms 1.27 baths 1.3 baths 1.29 baths 1.3 baths 1.36 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Los Lunas 1 $430,865 264 days
Rio Rancho 152 $278,995 80 days
V. Sue Cleveland 260 $249,390 95 days
Volcano Vista 5 $93,000 103 days
West Mesa 2 $22,500 214 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,065 $209,597 118 days
Distressed Homes 7 $197,557 150 days
Multi-Million Dollar Homes 6 $2,068,192 131 days
Newly Built Homes 114 $362,975 80 days
Homes with a Pool 24 $461,178 45 days
Reduced Price Homes 13 $173,338 49 days