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Rio Rancho

Why you'd want to live in Rio Rancho

Rio Rancho is the 3rd largest city in New Mexico, the fastest growing community in the state, and one of the fastest growing in the southwest. Rio Rancho has been recognized as one of “America’s 50 Best Cities to Live” citing exceptional public schools and well below national average crime rates (24/7 Wall Street). Rio Rancho encompasses approximately 104 sq. mi. and sits at an elevation of approximately 5,290 feet. via rrnm.gov

Rio Rancho Market Report

$281,040

AVERAGE PRICE OF 1,349 HOMES

$249,650

AVERAGE PRICE OF 6 DISTRESSED HOMES

$1,221,511

AVERAGE PRICE OF 16 MULTI-MILLION DOLLAR HOMES

$519,198

AVERAGE PRICE OF 275 NEWLY BUILT HOMES

$617,899

AVERAGE PRICE OF 27 HOMES WITH A POOL

$455,184

AVERAGE PRICE OF 59 REDUCED PRICE HOMES

Average Home

Average Price $281,040
Avg Bedrooms 1.9 beds
Avg Bathrooms 1.41 baths

Average Price by Bedrooms

1 bedroom $166,000
2 bedrooms $284,041
3 bedrooms $409,291
4 bedrooms $515,368
5 bedrooms $589,453
Rio Rancho Home Price Trends
  10/2025 9/2025 8/2025 7/2025 6/2025
Total Listings 1,325 1,326 1,324 1,274 1,270
Average Price $286,293 $288,290 $296,351 $292,498 $286,728
Avg Price Change -0.70% -2.80% +1.32% +2.01% +2.21%
Median Price $302,821 $310,116 $315,432 $311,866 $306,587
Med Price Change -2.41% -1.71% +1.14% +1.72% +6.90%
Avg Bedrooms 1.92 beds 1.95 beds 1.96 beds 1.91 beds 1.88 beds
Avg Bathrooms 1.43 baths 1.45 baths 1.47 baths 1.43 baths 1.39 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
V. Sue Cleveland 323 $411,915 120 days
Total Homes Average Price Avg Days on Site
All Homes 1,349 $281,040 165 days
Distressed Homes 6 $249,650 104 days
Multi-Million Dollar Homes 16 $1,221,511 111 days
Newly Built Homes 275 $519,198 100 days
Homes with a Pool 27 $617,899 86 days
Reduced Price Homes 59 $455,184 109 days
Sarah Griffin Real Estate Group | Keller Williams Realty
Sarah Griffin
6703 Academy Rd NE
Albuquerque, NM 87109
505-350-8045

SWMLS Multiple Listing Service™ system. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate.
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