Real-Time Real Estate Market Report

Rio Rancho, NM

Single-Family Homes

Have the Market Insight Before You Buy or Sell



Rio Rancho, NM

Wed May 22 2024
This week the median list price for Rio Rancho, NM is $449,450 with the market action index hovering around 50. This is an increase over last month's market action index of 48. Inventory has decreased to 204. 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

Wed May 22 2024
This week the median list price for Rio Rancho, NM is $449,450 with the market action index hovering around 50. This is an increase over last month's market action index of 48. Inventory has decreased to 204. 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 $449,450
Median Price of New Listings $429,522
Per Square Foot $218
Average Days on Market 61
Median Days on Market 35
Price Decreased 41%
Price Increased 16%
Relisted 8%
Inventory 204
Median Rent
Market Action 50
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.

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
$600,000 2,783 0.5 - 1 acre 4 3.5 3 8 7 42
$499,000 2,127 6,500 - 8,000 sqft 3 3 3 7 7 35
$399,900 1,892 6,500 - 8,000 sqft 3 2 2 8 10 49
$339,000 1,564 6,500 - 8,000 sqft 3 2 19 11 15 21