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Rio Rancho Market Report

$203,334

AVERAGE PRICE OF 1,029 HOMES

$227,971

AVERAGE PRICE OF 7 DISTRESSED HOMES

$2,187,800

AVERAGE PRICE OF 5 MULTI-MILLION DOLLAR HOMES

$358,220

AVERAGE PRICE OF 121 NEWLY BUILT HOMES

$488,676

AVERAGE PRICE OF 23 HOMES WITH A POOL

$453,116

AVERAGE PRICE OF 6 REDUCED PRICE HOMES

Average Home

Average Price $203,334
Avg Bedrooms 1.7 beds
Avg Bathrooms 1.26 baths

Average Price by Bedrooms

1 bedroom $112,000
2 bedrooms $164,936
3 bedrooms $284,457
4 bedrooms $387,865
5 bedrooms $446,742
Rio Rancho Home Price Trends
  3/2021 2/2021 1/2021 12/2020 11/2020
Total Listings 1,067 1,076 990 1,044 1,161
Average Price $201,180 $196,085 $200,864 $206,140 $202,116
Avg Price Change +2.60% -2.44% -2.63% +1.99% +1.28%
Median Price $172,561 $165,326 $160,242 $178,535 $189,881
Med Price Change +4.38% +3.17% -11.42% -6.36% -1.60%
Avg Bedrooms 1.73 beds 1.72 beds 1.72 beds 1.79 beds 1.89 beds
Avg Bathrooms 1.3 baths 1.29 baths 1.3 baths 1.36 baths 1.42 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Independence 2 $312,450 19 days
Rio Rancho 155 $276,138 74 days
V. Sue Cleveland 253 $239,058 97 days
Volcano Vista 5 $93,000 81 days
West Mesa 2 $22,500 192 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,029 $203,334 120 days
Distressed Homes 7 $227,971 137 days
Multi-Million Dollar Homes 5 $2,187,800 152 days
Newly Built Homes 121 $358,220 81 days
Homes with a Pool 23 $488,676 40 days
Reduced Price Homes 6 $453,116 47 days