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Rio Rancho

Why you'd want to live in Rio Rancho

Experience the unique culture and history of New Mexico with local day trips including national parks, scenic byways, world-class museums, archeological ruins, rural landscapes and high-tech attractions. History beckons with nearby attractions in New Mexico that evolved over the centuries, with the Anasazi Indians and visits from the Hispanic explorer Coronado, to create a unique cultural tapestry of traditions and legends. The City of Rio Rancho began in the 1960s on 55,000 acres of land on the outskirts of Albuquerque. Today, Rio Rancho offers a cultural diversity within its population of 75,000. Every major attraction in the Land of Enchantment is accessible from Rio Rancho within a day’s scenic drive, including Indian Pueblos, Santa Fe, Taos, and so much more. Rio Rancho's high-desert climate provides breathtaking vistas and plenty of room for high-altitude outdoor adventures year-round. Even if you are just passing through, Rio Rancho offers a variety of affordable, modern and convenient lodging, dining and shopping opportunities. via newmexico.org

Rio Rancho Market Report

$204,598

AVERAGE PRICE OF 1,028 HOMES

$227,971

AVERAGE PRICE OF 7 DISTRESSED HOMES

$2,021,500

AVERAGE PRICE OF 6 MULTI-MILLION DOLLAR HOMES

$364,392

AVERAGE PRICE OF 119 NEWLY BUILT HOMES

$477,856

AVERAGE PRICE OF 24 HOMES WITH A POOL

$453,116

AVERAGE PRICE OF 6 REDUCED PRICE HOMES

Average Home

Average Price $204,598
Avg Bedrooms 2.84 beds
Avg Bathrooms 2.5 baths

Average Price by Bedrooms

1 bedroom $112,000
2 bedrooms $164,936
3 bedrooms $283,187
4 bedrooms $546,069
5 bedrooms $449,206
Rio Rancho Home Price Trends
  3/2021 2/2021 1/2021 12/2020 11/2020
Total Listings 1,072 1,076 996 1,049 1,164
Average Price $203,228 $196,085 $201,886 $206,874 $202,502
Avg Price Change +3.64% -2.96% -2.47% +2.16% +1.44%
Median Price $173,577 $165,326 $161,376 $179,401 $190,279
Med Price Change +4.99% +2.45% -11.17% -6.06% -1.43%
Avg Bedrooms 2.87 beds 1.72 beds 2.81 beds 2.9 beds 2.94 beds
Avg Bathrooms 2.53 baths 1.29 baths 2.17 baths 2.24 baths 2.04 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Independence 2 $312,450 20 days
Rio Rancho 153 $273,574 75 days
Rio Rancho High School 1 $899,000 52 days
V. Sue Cleveland 249 $236,080 96 days
V. Sue Cleveland High School 3 $638,830 123 days
Volcano Vista 5 $93,000 82 days
West Mesa 2 $22,500 193 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,028 $204,598 112 days
Distressed Homes 7 $227,971 138 days
Multi-Million Dollar Homes 6 $2,021,500 117 days
Newly Built Homes 119 $364,392 96 days
Homes with a Pool 24 $477,856 39 days
Reduced Price Homes 6 $453,116 48 days
Karsten & Associates
Karsten Associates
5852 Osuna Rd NE
87109, NM
505-300-4109

UPAFE27023DB384E.png Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.
The data relating to real estate for sale in this Website comes in part from the Internet Data Exchange ("IDX'') program of Santa Fe Association of REALTORS®, Inc. from a copyrighted compilation of listings. Real estate listings held by brokers other than Karsten & Associates are marked with the IDX Logo. All data in this Website is deemed reliable but is not guaranteed accurate, and should be independently verified. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All Rights Reserved. All real estate advertised herein is subject to the Federal Fair Housing Act and the New Mexico Fair Housing Act, which provide that it is illegal to make or publish any advertisement which indicates any preference, limitation, or discrimination based upon race, color, religion, sex, handicap, familial status, or national origin. Santa Fe Association of REALTORS®, Inc. will not knowingly accept any advertising for the sale of real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.
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