Rio Rancho Market Report
$265,389
AVERAGE PRICE OF 1,054 HOMES$359,941
AVERAGE PRICE OF 12 DISTRESSED HOMES$1,792,012
AVERAGE PRICE OF 11 MULTI-MILLION DOLLAR HOMES$508,193
AVERAGE PRICE OF 185 NEWLY BUILT HOMES$672,599
AVERAGE PRICE OF 10 HOMES WITH A POOL$372,444
AVERAGE PRICE OF 29 REDUCED PRICE HOMESAverage Home
| Average Price | $265,389 |
| Avg Bedrooms | 2.46 beds |
| Avg Bathrooms | 1.68 baths |
Average Price by Bedrooms
| 2 bedrooms | $276,092 |
| 3 bedrooms | $414,285 |
| 4 bedrooms | $468,438 |
| 5 bedrooms | $467,232 |
Rio Rancho Home Price Trends
| 12/2024 | 11/2024 | 10/2024 | 9/2024 | 8/2024 | |
|---|---|---|---|---|---|
| Total Listings | 1,110 | 1,167 | 1,199 | 1,155 | 1,171 |
| Average Price | $258,075 | $263,342 | $269,182 | $271,214 | $265,553 |
| Avg Price Change | -2.04% | -2.22% | -0.75% | +2.13% | +0.31% |
| Median Price | $191,867 | $244,480 | $255,740 | $267,652 | $264,347 |
| Med Price Change | -27.42% | -4.61% | -4.66% | +1.25% | +2.18% |
| Avg Bedrooms | 2.51 beds | 2.54 beds | 2.51 beds | 2.67 beds | 2.77 beds |
| Avg Bathrooms | 1.8 baths | 1.83 baths | 1.78 baths | 1.95 baths | 2.14 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| V. Sue Cleveland | 218 | $327,994 | 139 days |
| V. Sue Cleveland High School | 5 | $370,960 | 91 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 1,054 | $265,389 | 125 days |
| Distressed Homes | 12 | $359,941 | 69 days |
| Multi-Million Dollar Homes | 11 | $1,792,012 | 99 days |
| Newly Built Homes | 185 | $508,193 | 92 days |
| Homes with a Pool | 10 | $672,599 | 57 days |
| Reduced Price Homes | 29 | $372,444 | 65 days |
