Rio Rancho Housing Market Report January 2025•Sandoval County, New Mexico

Housing Prices in Rio Rancho, NM

How much do homes in Rio Rancho, NM cost?

Housing Market Conditions

Is Rio Rancho, NM a buyer’s or seller’s market?

Seller'sMarket

Buyer'sMarket

Rio Rancho is a Seller's Market

Difference Since January 2024

Since last year, Rio Rancho has remained a Seller's Market.

Insight

Rio Rancho is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

$358,292$208/SqFt

+$7,482

+2.1%

Based on all homes sold in the last 12 months

Insight

Homes in Rio Rancho have sold for 2.1% more than they did a year ago.

Summary: The median home sold price in Rio Rancho was $358,292 in January 2025, up 2.1% from last year, and the median price per square foot was $208.

Median Sold Price By Cities

City	Jan 2024	Jan 2025	Change YoY
Bernalillo	$365K	$400K	+9.6%
Albuquerque	$334.1K	$349K	+4.5%
Rio Rancho	$350.8K	$358.2K	+2.1%
Corrales	$689K	$684.9K	-0.6%
West Bernalillo	$498.9K	$450K	-9.8%

Median Sold Price By Bedrooms

Beds	Jan 2024	Jan 2025	Change YoY
11 Bedroom	$142.5K	$142.5K	0.0%
22 Bedrooms	$240K	$253.5K	+5.6%
33 Bedrooms	$329.9K	$340.2K	+3.1%
44 Bedrooms	$418.2K	$423.4K	+1.2%
55+ Bedrooms	$560K	$539.3K	-3.7%

Summary: Rio Rancho housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +5.6%. The home price for 3 bedroom homes increased by +3.1%. The home price for 4 bedroom homes increased by +1.2%. The home price for 5 bedroom homes decreased by -3.7%.

Housing supply in Rio Rancho, NM

How many homes are available in Rio Rancho, NM?

Number of Homes For Sale

Last Month	2 months ago	Change MoM
487Last MonthJan 2025
5472 months agoDec 2024	-11.0 % Change MoMDec – Jan

Summary: The Rio Rancho real estate market had 487 homes for sale in Jan 2025, a 11.0 % decrease compared to Dec 2024.

Number of Homes Sold

Last Month	2 months ago	Change MoM
109Last MonthJan 2025
1522 months agoDec 2024	-28.3 % Change MoMDec – Jan

Homes For Sale By Bedroom Count

Beds	Dec 2024	Jan 2025	Change MoM
11 Bedroom	2	2	0.0%
22 Bedrooms	70	53	-24.3%
33 Bedrooms	248	223	-10.1%
44 Bedrooms	181	170	-6.1%
55+ Bedrooms	46	39	-15.2%

Summary: Rio Rancho housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -24.3%. The inventory for 3 bedroom homes decreased by -10.1%. The inventory for 4 bedroom homes decreased by -6.1%. The inventory for 5 bedroom homes decreased by -15.2%.

Asking Price vs. Sold Price

How much do homes in Rio Rancho, NM cost?

Over Asking Price22 Homes

At Asking Price27 Homes

Under Asking Price60 Homes

Insight

If you're buying a home in Rio Rancho, you may be able to get a good deal. 55% of homes here sold below asking price last month.

Summary: A total of 109 homes were sold or pending in Rio Rancho in January 2025, down by 28.3% month-over-month. Of the 109 sold homes, 55% were sold under asking, 25% were sold at asking, and and 20% were sold over asking.

Days on Market for Rio Rancho, NM

How long does it take to sell a home in Rio Rancho, NM?

Breakdown of Home Sale Times

Under 30 Days53 Homes

30 – 90 Days34 Homes

Over 90 Days22 Homes

Insight

Many homes in Rio Rancho are selling fast, if you're buying plan to act quickly.

Summary: During January 2025, 109 homes were sold in Rio Rancho; 49% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.

Average Sale Time

This Year	1 year ago	Change YoY
48 DaysThis YearJan 2025
36 Days1 year agoJan 2024	+34.3 % Change YoYJan 2024 – Jan 2025

Summary: Homes in Rio Rancho had an average listing age of 48 days in Jan 2025, up by 34.3% compared to the previous year.

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Newest Listings in Rio Rancho, NM

What homes are available in Rio Rancho, NM?

See More Listings

view of front of house with driveway, a tiled roof, an attached garage, and stucco siding

rear view of house featuring fence and stucco siding

New - 43 minutes on Rocket

$4,671 Closing Credit¹

$393,323

4 beds • 2.5 baths • 2,357 sqft

4525 Alpine Cir SE, Rio Rancho NM 87124

#1078712, Lori A Lawton, Listing Office: Southwest Realty

mediterranean / spanish home featuring a tile roof, stucco siding, concrete driveway, an attached garage, and a front lawn

view of front facade featuring a tile roof, stucco siding, fence, a garage, and driveway

mediterranean / spanish-style house featuring a garage, driveway, a tiled roof, a front lawn, and stucco siding

New - 4 hours on Rocket3D tour

$7,600 Closing Credit¹

$640,000

4 beds • 2 baths • 3,108 sqft

3557 Newcastle Dr SE, Rio Rancho NM 87124

#1078641, Chaunce M Wason, Listing Office: Coldwell Banker Legacy

pueblo-style home with driveway and stucco siding

pueblo revival-style home with driveway, a garage, fence, and stucco siding

view of front of home with a garage, fence, and stucco siding

New - 4 hours on Rocket

$5,641 Closing Credit¹

$475,000

4 beds • 2.5 baths • 3,098 sqft

920 Loma Pinon Loop NE, Rio Rancho NM 87144

#1078635, Kimberly Trujillo, Listing Office: R1 Property Management, LLC

view of front of house featuring a tiled roof, fence, and stucco siding

interior space featuring beam ceiling, a high ceiling, a ceiling fan, wood ceiling, and tile patterned flooring

staircase featuring tile patterned flooring

New - 5 hours on Rocket

$7,836 Closing Credit¹

$659,900

4 beds • 2.5 baths • 3,614 sqft

3220 Greystone Ct SE, Rio Rancho NM 87124

#1077107, Melinda M Baisa, Listing Office: Berkshire Hathaway NM Prop

single story home with concrete driveway, brick siding, an attached garage, and roof with shingles

ranch-style house featuring a garage, brick siding, fence, concrete driveway, and a residential view

property entrance featuring brick siding

New - 5 hours on Rocket

$4,156 Closing Credit¹

$350,000

3 beds • 2 baths • 1,403 sqft

4608 Rockaway Loop NE, Rio Rancho NM 87124

#1078669, Greg Shea, Listing Office: The Hive RE Collective

mediterranean / spanish house with a tile roof, stucco siding, fence, a garage, and driveway

mediterranean / spanish-style house featuring driveway, an attached garage, a tiled roof, and stucco siding

mediterranean / spanish home with a garage, concrete driveway, a tiled roof, and stucco siding

New - 5 hours on Rocket

$6,958 Closing Credit¹

$585,900

5 beds • 2.5 baths • 3,136 sqft

7353 Nome Dr NE, Rio Rancho NM 87144

#1078556, New Mexico Home Group, Listing Office: Jason Mitchell RE NM

view of front facade featuring a garage, concrete driveway, a tiled roof, and stucco siding

view of front facade with a garage, concrete driveway, a tiled roof, and stucco siding

view of front of home with concrete driveway, a tile roof, an attached garage, and stucco siding

New - 6 hours on Rocket

$5,403 Closing Credit¹

$455,000

3 beds • 1 bath • 2,024 sqft

931 Zafiro Rd SE, Rio Rancho NM 87124

#1078683, Bill H Casaus, Listing Office: Pinnacle Real Estate Group

property entrance featuring a garage and stucco siding

living area featuring ceiling fan, wood finished floors, visible vents, and baseboards

New - 7 hours on Rocket

$4,691 Closing Credit¹

$395,000

3 beds • 2 baths • 2,120 sqft

1609 33rd St SE, Rio Rancho NM 87124

#1078645, Templeton RE Group, Listing Office: Keller Williams Realty

pueblo-style home with concrete driveway, an attached garage, and stucco siding

unfurnished living room featuring a fireplace, visible vents, light carpet, ceiling fan, and a textured ceiling

unfurnished living room featuring light carpet, a tiled fireplace, a ceiling fan, and baseboards

New - 7 hours on Rocket

$4,038 Closing Credit¹

$340,000

3 beds • 2 baths • 1,600 sqft

4420 Cave Primrose Ct SE, Rio Rancho NM 87124

#1078643, Rhonda S Protzen, Listing Office: Realty One of New Mexico

ranch-style house with driveway, stone siding, an attached garage, and stucco siding

view of front facade featuring a tile roof, concrete driveway, a garage, a residential view, and stone siding

drone / aerial view featuring a residential view

New - 20 hours on Rocket

$5,578 Closing Credit¹

$469,700

3 beds • 1 bath • 2,052 sqft

6223 Bryce Canyon Ln NE, Rio Rancho NM 87144

#1078653, Amelia Louise Kimmel, Listing Office: Coldwell Banker Legacy

southwest-style home featuring a fenced front yard, a gate, a mountain view, and stucco siding

view of front of property featuring a fenced front yard, a garage, stone siding, concrete driveway, and stucco siding

adobe home with a fenced front yard, a mountain view, and stucco siding

New - 22 hours on Rocket3D tour

$10,000 Closing Credit¹

$1,396,000

5 beds • 2 baths • 3,744 sqft

6316 La Paz Rd NE, Rio Rancho NM 87144

#1078617, Mark M Valencia, Listing Office: Realty One of New Mexico

mediterranean / spanish house featuring driveway, a tile roof, a garage, and stucco siding

view of exterior entry featuring a patio area, a tiled roof, fence, and stucco siding

living room with a textured ceiling and light tile patterned flooring

New - 1 day on Rocket3D tour

$5,344 Closing Credit¹

$450,000

3 beds • 2 baths • 1,985 sqft

4007 Paseo Vista Ct NE, Rio Rancho NM 87124

#1078627, Paul A Chavez, Listing Office: Q Realty

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MLS Disclaimers and Copyright

Based on information from Southwest Multiple Listing Service, and Santa Fe MLS for the period 02/01/2023 - 02/01/2025

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. IDX information is provided exclusively 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. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed.

Copyright © 2025 Southwest Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 5:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

The data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of Santa Fe Association of REALTORS® MLS, Inc. Real estate listings held by brokers other than this broker are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. IDX information is provided exclusively 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, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Copyright © 2025 Santa Fe Association of REALTORS® All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 5:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.