Market Conditions Report

Rio Rancho, NM 87144

Single-Family Homes

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Rio Rancho, NM 87144

Sat Jan 16 2021
This week the median list price for Rio Rancho, NM 87144 is $340,030 with the market action index hovering around 55. This is less than last month's market action index of 56. Inventory has held steady at or around 96. 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.

Strong Seller's Market

The market has started cooling and prices have been flat for several weeks. Since 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

Sat Jan 16 2021
This week the median list price for Rio Rancho, NM 87144 is $340,030 with the market action index hovering around 55. This is less than last month's market action index of 56. Inventory has held steady at or around 96. 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.

Strong Seller's Market

The market has started cooling and prices have been flat for several weeks. Since 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 $340,030
Per Square Foot $158
Days on Market 70
Price Decreased 25%
Price Increased 33%
Relisted 6%
Inventory 96
Median Rent $1,498
Most Expensive $1,699,900
Least Expensive $155,000
Market Action 55
Strong Seller's Market

The market has started cooling and prices have been flat for several weeks. Since 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
$466,500 2,900 0.5 - 1 acre 4 3 4 2 3 108
$368,495 2,356 4,500 - 6,500 sqft 3 3 1 2 3 70
$315,000 2,302 4,500 - 6,500 sqft 4 3 1 5 6 65
$251,495 1,527 4,500 - 6,500 sqft 3 2 1 8 12 36