The Rio Rancho housing market is somewhat competitive. The median sale price of a home in Rio Rancho was $354K last month, down 1.4% since last year. The median sale price per square foot in Rio Rancho is $214, up 2.9% since last year.
What is the housing market like in Rio Rancho today?
$354K
Sale Price
-1.4% since last year
$214
Sale $/Sq. Ft.
+2.9% since last year
Under List Price
1.1%
Days on Market
35
Down Payment
25.9%
Total Homes Sold
137
To compare other locations to the Rio Rancho and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Rio Rancho's median sale price is 19% lower than the national average. Overall cost of living in Rio Rancho is 4% lower than the national average. Learn which home features in Rio Rancho add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Rio Rancho housing market?
Rio Rancho is somewhat competitive. Homes sell in 35 days.
0
100
52
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 35 days.
Hot homes
can sell for around list price and go pending in around 15 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Rio Rancho housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Rio Rancho.
Flood Factor - Moderate
7% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Rio Rancho has a moderate risk of flooding. 2,451 properties in Rio Rancho are likely to be
severely affected
by flooding over the next 30 years. This represents 7% of all properties in Rio Rancho. Flood risk is increasing slower than the national average.
100% of properties are at risk of wildfire over the next 30 years
Fire Factor
Rio Rancho has a moderate risk of wildfire. There are 74,095 properties in Rio Rancho that have some risk of being affected by wildfire over the next 30 years. This represents 100% of all properties in Rio Rancho.