$363,564
$3,000 since September
This home's estimate is 2.5% lower than the average sale price ($373K) of 6 comparable homes.
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Off market
$363,564
3
bd•
2 ba
•
1,596
sq ft
118 Spectrum Ave SW, Rio Rancho, NM 87124
About this home
118 Spectrum Ave SW is a 1,596 square foot house on a 4,960 square foot lot with 3 bedrooms and 2 bathrooms. Based on Redfin's Rio Rancho data, we estimate the home's value is $363,564.
Single-familyProperty Type
2024Year Built
4,960 sq ftLot Size
$228Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
Earn from this home
Sell
$340,611
Est. take-home
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Rent
$1,986/mo
Redfin rental estimate
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Market trends in 87124, NM
Last updated September 2026
Buyer's Market
Seller's Market
Balanced market
Sale-to-List Price
98.5%
0.2% MoM
Median sale price
$374K
$7K MoM
Avg. days on market
38d
1 days MoM
Recently sold homes
259
5 MoM
New listings for sale
Provided by Redfin
Property details
Around this home
Lifestyle
Provided by Walk Score and Local Logic
Sun exposure
In this area, properties receive around 11.8 hours in June and 7.1 hours in December, placing it above the U.S. average for solar exposure.
JuneDecember
Provided by Shadowmap
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