Real-Time Real Estate Market Report

Rio Rancho, NM 87144

Single-Family Homes

Have the Market Insight Before You Buy or Sell



Rio Rancho, NM 87144

Tue Mar 28 2023
This week the median list price for Rio Rancho, NM 87144 is $445,807 with the market action index hovering around 42. This is less than last month's market action index of 43. Inventory has held steady at or around 122. Click here to stay informed with the Rio Rancho market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Rio Rancho, NM 87144

Tue Mar 28 2023
This week the median list price for Rio Rancho, NM 87144 is $445,807 with the market action index hovering around 42. This is less than last month's market action index of 43. Inventory has held steady at or around 122. Click here to stay informed with the Rio Rancho market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Rio Rancho market.
Median List Price $445,807
Median Price of New Listings $420,000
Per Square Foot $212
Average Days on Market 108
Median Days on Market 63
Price Decreased 33%
Price Increased 11%
Relisted 8%
Inventory 122
Median Rent
Market Action 42
Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$602,419 2,852 0.5 - 1 acre 4 4 3 2 2 73
$485,824 2,315 6,500 - 8,000 sqft 3 3 1 4 3 66
$420,000 1,943 4,500 - 6,500 sqft 4 2.5 3 5 5 63
$330,000 1,571 4,500 - 6,500 sqft 3 2 1 8 7 35