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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

$271,544

AVERAGE PRICE OF 1,126 HOMES

$310,521

AVERAGE PRICE OF 12 DISTRESSED HOMES

$1,385,335

AVERAGE PRICE OF 16 MULTI-MILLION DOLLAR HOMES

$510,571

AVERAGE PRICE OF 221 NEWLY BUILT HOMES

$661,675

AVERAGE PRICE OF 20 HOMES WITH A POOL

$397,784

AVERAGE PRICE OF 33 REDUCED PRICE HOMES

Average Home

Average Price $271,544
Avg Bedrooms 1.78 beds
Avg Bathrooms 1.32 baths

Average Price by Bedrooms

1 bedroom $154,900
2 bedrooms $273,754
3 bedrooms $398,768
4 bedrooms $517,260
5 bedrooms $603,956
Rio Rancho Home Price Trends
  8/2024 7/2024 6/2024 5/2024 4/2024
Total Listings 1,163 1,129 1,115 1,112 1,068
Average Price $263,955 $262,016 $258,384 $254,679 $252,618
Avg Price Change +0.74% +1.41% +1.45% +0.82% +0.04%
Median Price $262,964 $256,052 $245,122 $230,243 $205,116
Med Price Change +2.70% +4.46% +6.46% +12.25% -8.63%
Avg Bedrooms 1.74 beds 1.71 beds 1.69 beds 1.67 beds 1.63 beds
Avg Bathrooms 1.29 baths 1.27 baths 1.25 baths 1.26 baths 1.23 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
V. Sue Cleveland 240 $344,982 119 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,126 $271,544 145 days
Distressed Homes 12 $310,521 49 days
Multi-Million Dollar Homes 16 $1,385,335 81 days
Newly Built Homes 221 $510,571 82 days
Homes with a Pool 20 $661,675 41 days
Reduced Price Homes 33 $397,784 49 days
The Bader Real Estate Group - Keller Williams Realty Albuquerque
Mary Engel-Bader
6703 Academy Rd NE
Albuquerque, NM 87109
505-301-9216

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