New - 4 days on Rocket
$10,000 Closing Credit¹
#202500351, Laurie Hilton, Listing Office: Sotheby's Int. RE/Washington
South Rio Arriba Housing Market Report February 2025•Rio Arriba County, New Mexico
Housing Prices in South Rio Arriba, NM
How much do homes in South Rio Arriba, NM cost?
Housing Market Conditions
Is South Rio Arriba, NM a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
South Rio Arriba is a Buyer's Market
Difference Since February 2024
At the same time last year, South Rio Arriba was a Seller's Market.
Insight
South Rio Arriba is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$335,000$195/SqFt
-$1,500
-0.4%
Based on all homes sold in the last 12 months
Insight
The sold price of homes in South Rio Arriba has remained the same since last year.
Summary: The median home sold price in South Rio Arriba was $335,000 in February 2025, down 0.4% from last year, and the median price per square foot was $195.
Median Sold Price By Cities
| City | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| South Rio Arriba | $336.5K | $335K | -0.4% |
| Espanola | $346.5K | $339.5K | -2.0% |
Median Sold Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | $193K | N/A |
| 22 Bedrooms | $200K | $225K | +12.5% |
| 33 Bedrooms | $338K | $326.5K | -3.4% |
| 44 Bedrooms | $570K | $537K | -5.8% |
| 55+ Bedrooms | $335K | $420K | +25.4% |
Summary: South Rio Arriba housing price by bedroom type for February 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 +12.5%. The home price for 3 bedroom homes decreased by -3.4%. The home price for 4 bedroom homes decreased by -5.8%. The home price for 5 bedroom homes increased by +25.4%.
Housing supply in South Rio Arriba, NM
How many homes are available in South Rio Arriba, NM?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 14Last MonthFeb 2025 | ||
| 122 months agoJan 2025 | +16.7 % Change MoMJan – Feb |
Summary: The South Rio Arriba real estate market had 14 homes for sale in Feb 2025, a 16.7 % increase compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 1Last MonthFeb 2025 | ||
| 02 months agoJan 2025 | +100.0 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 5 | 5 | 0.0% |
| 33 Bedrooms | 4 | 6 | +50.0% |
| 44 Bedrooms | 1 | 1 | 0.0% |
| 55+ Bedrooms | 2 | 2 | 0.0% |
Summary: South Rio Arriba housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +50.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in South Rio Arriba, NM cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price1 Home
Insight
If you're buying a home in South Rio Arriba, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in South Rio Arriba in February 2025, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.
Days on Market for South Rio Arriba, NM
How long does it take to sell a home in South Rio Arriba, NM?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days0 Home
Over 90 Days1 Home
Insight
Most homes in South Rio Arriba are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During February 2025, 1 homes were sold in South Rio Arriba; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 108 DaysThis YearFeb 2025 | ||
| 41 Days1 year agoFeb 2024 | +160.2 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in South Rio Arriba had an average listing age of 108 days in Feb 2025, up by 160.2% compared to the previous year.
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Newest Listings in South Rio Arriba, NM
What homes are available in South Rio Arriba, NM?
#202500403, Emery Maez, Joseph Maez, Listing Office: The Maez Group, The Maez Group-ALB
#202500423, Helen Milligan, Listing Office: Yucca Realty
$1,247 Closing Credit¹
#1074587, Xavier F Salazar, Listing Office: NM Home Team Realty
#202404950, Danna Fox, Listing Office: EXP Realty
3D tour
$4,809 Closing Credit¹
#202404857, Jacob A. Martinez, Listing Office: Keller Williams Realty
$9,797 Closing Credit¹
#202404716, Ryan D. Maupin, Listing Office: RE MAX First
Video tour
$8,906 Closing Credit¹
#202404652, David P. Trujillo, Listing Office: Barker Realty, LLC
#202404455, Crystal Martinez, Listing Office: New Mexico Real Estate Group
$1,247 Closing Credit¹
#202404549, Alfonso Salazar, Listing Office: NM Home Team Realty
#202404516, Kimberly Gaytan Pizano, Listing Office: Keller Williams Realty
$4,453 Closing Credit¹
#202404059, David Cordova, Listing Office: Sotheby's Int. RE/Grant
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MLS Disclaimers and Copyright
Based on information from Santa Fe MLS, and Southwest Multiple Listing Service for the period 03/01/2023 - 03/01/2025
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: 3/4/2025, 2:20:54 AM 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 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: 3/4/2025, 2:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.