$405,943
$26K over list price of $380K
This home's estimate is 34.4% higher than the average sale price ($302K) of 6 comparable homes.
Claim this home to receive a free report every month with insights on the changing estimate.
SOLD DEC 23, 2025
Last listed at $380,000, CLOSED ON Dec 2025
$405,943
3
bd•
2 ba
•
2,101
sq ft
540 Silver Saddle Rd SE, Rio Rancho, NM 87124
About this home
Single-familyProperty Type
1983Year Built
9,583 sq ftLot Size
$193Est. Price/Sq.Ft.
2 car garageParking
Listed by Christopher Valdez • Elevate New Mexico Realty
Bought with The Venegas Group • Keller Williams Realty
Redfin checked: a minute ago
•Source:Southwest MLS #1093775
Redfin Estimate
Earn from this home
Sell
$380,557
Est. take-home
List your home with Redfin and save $4,059
Rent
$2,086/mo
Redfin rental estimate
List your home for rent
Market trends in 87124, NM
Last updated July 2026
Buyer's Market
Seller's Market
Balanced market
Sale-to-List Price
98.7%
0.0% MoM
Median sale price
$370K
$11K MoM
Avg. days on market
41d
1 days MoM
Recently sold homes
247
16 MoM
New listings for sale
Provided by Redfin
Property details
Around this home
Maggie Cordova Elementary School
Public K-5 • Assigned • 1.0mi
Lincoln Middle School
Public 6-8 • Assigned • 0.7mi
Rio Rancho High School
Public 9-12 • Assigned • 1.8mi
Provided by GreatSchools
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
Property information provided by Southwest MLS when last listed in 2025. This data may not match . Learn more.
More real estate resources
- Cities
- Zip Codes
- Popular Searches
| Albuquerque homes for sale | |||
| Tijeras homes for sale | |||
| Corrales homes for sale |
Find us
Subsidiaries
Affiliated Business
United States
CanadaCopyright: © 2026 Redfin. All rights reserved.
Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.
Do not sell or share my personal information.
REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.
California DRE #01521930
Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures
New Mexico Real Estate Licenses
TREC: Info About Brokerage Services, Consumer Protection Notice
All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.
Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.
If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.
REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.
GreatSchools Ratings provided by GreatSchools.org.