Rio Rancho, NM Home Values & Market Trends
Real estate market trends reflect that there have been 2,077 transactions over the past year in Rio Rancho. The median value for residential home transactions that occurred over the previous year is $385,357. The number of current listings in Rio Rancho is 2,478, and the percentage of properties for sale in the city is 2478.00%. Rio Rancho, NM currently has 32 properties in foreclosure, 13 bank owned properties, 19 properties headed for auction, and 2,478 properties for sale.
Rio Rancho, NM Real Estate Market Overview
Housing Market Summary for Rio Rancho, NM
| Oct 2025 | October 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $390K | $400K | 2.56% |
| Median Sold Price | $353.7K | $358.4K | 1.32% |
| Homes For Sale | 1,821 | 2,477 | 36.02% |
| Homes Sold | 685 | 751 | 9.64% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Rio Rancho, NM
Browse Homes in Rio Rancho, NM
Rio Rancho home values range from $15,000 to $1,450,000. The median estimated value of a home in Rio Rancho is $385,357. The median list price of a home is 399,999.5, and the total count of properties in the city is 3,289.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Rio Rancho, NM with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within Rio Rancho, NM; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Rio Rancho, NM ranges from the highest value of $395,000 in 87144 to the lowest value of $209,802 in 87124. Bank owned homes and properties account for 0.40% of properties in Rio Rancho, NM. There are 2 zips within Rio Rancho, NM; 87144 containing 7 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions87124 has 10 auction properties, the highest number of properties going to auction in a single zip in the state of Rio Rancho, NM. Auction homes and other auction properties account for 0.58% of all properties in Rio Rancho, NM. There are 2 zips within Rio Rancho, NM; of those zips, the median estimated home value for homes going to auction ranges from $918,375 in 87144 to the lowest value of $175,000 in 87144.
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Guide for Rio Rancho, NM
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
