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

Thu Feb 06 2025
This week the median list price for Rio Rancho, NM 87144 is $430,000 with the market action index hovering around 38. This is less than last month's market action index of 39. Inventory has held steady at or around 172. 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

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Rio Rancho, NM 87144

Thu Feb 06 2025
This week the median list price for Rio Rancho, NM 87144 is $430,000 with the market action index hovering around 38. This is less than last month's market action index of 39. Inventory has held steady at or around 172. 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

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Rio Rancho market.
Median List Price $430,000
Median Price of New Listings $413,090
Per Square Foot $222
Average Days on Market 88
Median Days on Market 63
Price Decreased 40%
Price Increased 16%
Relisted 8%
Inventory 172
Median Rent
Market Action 38
Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

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
$625,000 2,720 6,500 - 8,000 sqft 4 3 4 6 7 63
$469,900 2,104 4,500 - 6,500 sqft 4 3 3 4 5 63
$414,000 1,860 4,500 - 6,500 sqft 4 2 2 6 4 63
$347,000 1,589 4,500 - 6,500 sqft 3 2 15 9 11 49