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

Mon Jun 05 2023
This week the median list price for Rio Rancho, NM 87144 is $477,500 with the market action index hovering around 51. This is an increase over last month's market action index of 50. Inventory has decreased to 88. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Rio Rancho, NM 87144

Mon Jun 05 2023
This week the median list price for Rio Rancho, NM 87144 is $477,500 with the market action index hovering around 51. This is an increase over last month's market action index of 50. Inventory has decreased to 88. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Rio Rancho market.
Median List Price $477,500
Median Price of New Listings $485,000
Per Square Foot $210
Average Days on Market 85
Median Days on Market 28
Price Decreased 35%
Price Increased 11%
Relisted 8%
Inventory 88
Median Rent
Market Action 51
Strong Seller's Market

We continue to see prices in this zip code bounce around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

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
$644,950 2,663 0.5 - 1 acre 4 3.5 8 5 3 35
$544,306 2,578 8,000 - 10,000 sqft 3 3 3 3 1 66
$439,450 2,203 4,500 - 6,500 sqft 4 3 3 2 3 28
$350,022 1,831 4,500 - 6,500 sqft 3 2 11 5 6 21