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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

$259,822

AVERAGE PRICE OF 1,108 HOMES

$287,901

AVERAGE PRICE OF 5 DISTRESSED HOMES

$1,979,200

AVERAGE PRICE OF 5 MULTI-MILLION DOLLAR HOMES

$484,687

AVERAGE PRICE OF 215 NEWLY BUILT HOMES

$505,268

AVERAGE PRICE OF 16 HOMES WITH A POOL

$402,964

AVERAGE PRICE OF 29 REDUCED PRICE HOMES

Average Home

Average Price $259,822
Avg Bedrooms 1.7 beds
Avg Bathrooms 1.26 baths

Average Price by Bedrooms

1 bedroom $180,750
2 bedrooms $288,722
3 bedrooms $402,545
4 bedrooms $484,986
5 bedrooms $563,281
Rio Rancho Home Price Trends
  5/2024 4/2024 3/2024 2/2024 1/2024
Total Listings 1,112 1,068 1,068 1,090 1,099
Average Price $254,679 $252,618 $252,507 $241,359 $236,384
Avg Price Change +0.82% +0.04% +4.62% +2.10% -0.43%
Median Price $230,243 $205,116 $222,820 $165,043 $149,150
Med Price Change +12.25% -8.63% +35.01% +10.66% -2.30%
Avg Bedrooms 1.67 beds 1.63 beds 1.64 beds 1.56 beds 1.51 beds
Avg Bathrooms 1.26 baths 1.23 baths 1.23 baths 1.17 baths 1.13 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
V. Sue Cleveland 213 $328,465 130 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,108 $259,822 152 days
Distressed Homes 5 $287,901 100 days
Multi-Million Dollar Homes 5 $1,979,200 274 days
Newly Built Homes 215 $484,687 83 days
Homes with a Pool 16 $505,268 37 days
Reduced Price Homes 29 $402,964 59 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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