Real-Time Real Estate Market Report

Rio Rancho, NM

Single-Family Homes

Have the Market Insight Before You Buy or Sell



Rio Rancho, NM

Sat Feb 04 2023
This week the median list price for Rio Rancho, NM is $431,857 with the market action index hovering around 42. This is about the same as last month's market action index of 42. Inventory has increased to 210. 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

Sat Feb 04 2023
This week the median list price for Rio Rancho, NM is $431,857 with the market action index hovering around 42. This is about the same as last month's market action index of 42. Inventory has increased to 210. 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 $431,857
Median Price of New Listings $389,900
Per Square Foot $206
Average Days on Market 100
Median Days on Market 70
Price Decreased 35%
Price Increased 8%
Relisted 8%
Inventory 210
Median Rent
Market Action 42
Slight Seller's Advantage

The market is hovering around this plateau. Look for a persistent change 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
$624,995 3,077 0.5 - 1 acre 4 3 2 4 4 66
$475,000 2,375 6,500 - 8,000 sqft 4 3 1 4 4 126
$396,000 1,936 4,500 - 6,500 sqft 4 2.5 5 9 4 70
$325,890 1,571 4,500 - 6,500 sqft 3 2 16 8 9 42