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  • Rio Rancho Market Report

    $313,439

    AVERAGE PRICE OF 286 HOMES

    $168,307

    AVERAGE PRICE OF 14 DISTRESSED HOMES

    $1,200,000

    AVERAGE PRICE OF 1 MULTI-MILLION DOLLAR HOMES

    $351,314

    AVERAGE PRICE OF 31 NEWLY BUILT HOMES

    $421,304

    AVERAGE PRICE OF 15 HOMES WITH A POOL

    $331,045

    AVERAGE PRICE OF 14 REDUCED PRICE HOMES

    Average Home

    Average Price $313,439
    Avg Bedrooms 3.58 beds
    Avg Bathrooms 2.79 baths

    Average Price by Bedrooms

    1 bedroom $129,000
    2 bedrooms $130,053
    3 bedrooms $278,595
    4 bedrooms $359,605
    5 bedrooms $359,742
    Rio Rancho Home Price Trends
      2/2019 1/2019 12/2018 11/2018 10/2018
    Total Listings 319 340 362 401 421
    Average Price $299,163 $286,147 $285,374 $283,890 $293,595
    Avg Price Change +4.55% +0.27% +0.52% -3.42% +3.29%
    Median Price $286,123 $265,376 $261,203 $253,487 $252,316
    Med Price Change +7.82% +1.60% +3.04% +0.46% +2.27%
    Avg Bedrooms 3.53 beds 3.49 beds 3.49 beds 3.47 beds 3.52 beds
    Avg Bathrooms 2.85 baths 2.79 baths 2.82 baths 2.78 baths 2.79 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Cibola 1 $279,000 20 days
    Cleveland 75 $321,845 74 days
    Rio Grande 1 $155,000 6 days
    Rio Rancho 66 $332,889 57 days
    V. Sue Cleveland 13 $367,878 116 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 286 $313,439 71 days
    Distressed Homes 14 $168,307 24 days
    Multi-Million Dollar Homes 1 $1,200,000 281 days
    Newly Built Homes 31 $351,314 84 days
    Homes with a Pool 15 $421,304 35 days
    Reduced Price Homes 14 $331,045 48 days
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