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Rio Rancho Market Report

$220,500

AVERAGE PRICE OF 1,070 HOMES

$224,380

AVERAGE PRICE OF 5 DISTRESSED HOMES

$2,170,307

AVERAGE PRICE OF 7 MULTI-MILLION DOLLAR HOMES

$425,375

AVERAGE PRICE OF 156 NEWLY BUILT HOMES

$571,927

AVERAGE PRICE OF 18 HOMES WITH A POOL

$331,748

AVERAGE PRICE OF 11 REDUCED PRICE HOMES

Average Home

Average Price $220,500
Avg Bedrooms 2.82 beds
Avg Bathrooms 2.11 baths

Average Price by Bedrooms

1 bedroom $180,000
2 bedrooms $214,752
3 bedrooms $402,772
4 bedrooms $413,966
5 bedrooms $494,504
Rio Rancho Home Price Trends
  9/2021 8/2021 7/2021 6/2021 5/2021
Total Listings 1,127 1,175 1,132 1,115 1,087
Average Price $222,297 $220,333 $211,658 $208,396 $211,130
Avg Price Change +0.89% +4.10% +1.57% -1.31% +2.54%
Median Price $188,728 $188,112 $181,253 $171,333 $179,146
Med Price Change +0.33% +3.78% +5.79% -4.56% +5.40%
Avg Bedrooms 2.87 beds 3.2 beds 3.01 beds 2.81 beds 2.94 beds
Avg Bathrooms 2.15 baths 2.15 baths 1.91 baths 2.02 baths 2.3 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cibola 2 $340,000 111 days
La Cueva 1 $35,000 219 days
Rio Rancho 116 $308,550 98 days
Unknown 1 $475,000 69 days
V. Sue Cleveland 256 $290,767 137 days
V. Sue Cleveland High School 1 $471,524 121 days
Volcano Vista 6 $108,916 209 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,070 $220,500 116 days
Distressed Homes 5 $224,380 174 days
Multi-Million Dollar Homes 7 $2,170,307 156 days
Newly Built Homes 156 $425,375 102 days
Homes with a Pool 18 $571,927 36 days
Reduced Price Homes 11 $331,748 78 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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