Market Conditions Report

Rio Rancho, NM 87144

Single-Family Homes

A Real-Time Look at the Real Estate Marketplace | WelcomeHomeABQ.com | 505-448-8888



Rio Rancho, NM 87144

Tue May 18 2021
This week the median list price for Rio Rancho, NM 87144 is $396,297 with the market action index hovering around 86. This is about the same as last month's market action index of 86. Inventory has increased to 70. 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 continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Rio Rancho, NM 87144

Tue May 18 2021
This week the median list price for Rio Rancho, NM 87144 is $396,297 with the market action index hovering around 86. This is about the same as last month's market action index of 86. Inventory has increased to 70. 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 continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Rio Rancho market.
Median List Price $396,297
Median Price of New Listings $386,195
Per Square Foot $183
Average Days on Market 35
Median Days on Market 14
Price Decreased 9%
Price Increased 36%
Relisted 0%
Inventory 70
Median Rent
Market Action 86
Strong Seller's Market

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

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
$539,500 3,012 0.5 - 1 acre 4 3 14 7 3 21
$417,840 2,133 8,000 - 10,000 sqft 3 3 0 4 3 42
$361,137 1,952 6,500 - 8,000 sqft 4 3 0 5 2 14
$291,000 1,713 4,500 - 6,500 sqft 3 3 16 8 6 7