The Rio Rancho housing market is somewhat competitive. Over the three months, homes in Rio Rancho receive 1 offers on average and sell in around 48 days. The median sale price of a home in Rio Rancho was $377K over the last 3 months, down 1.1% since the same period last year. The median sale price per square foot in Rio Rancho is $218, up 1.9% since last year.
What is the housing market like in Rio Rancho today?
Over the three months ending May 2026, Rio Rancho home prices were down 1.1% compared to the same period last year, selling for a median price of $377K. On average, homes in Rio Rancho sell after 48 days on the market compared to 41 days last year. There were 537 homes sold in May this year, up from 479 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$377,144
-1.1% YoY | May 2026
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2026
Growth
% YoY
Rio Rancho, NM
$377,144
-1.1%
United States
To compare other locations to the Rio Rancho and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Rio Rancho's median sale price is 1% lower than the national average. Overall cost of living in Rio Rancho is 8% lower than the national average. Learn which home features in Rio Rancho add value to a home.
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How hot is the Rio Rancho housing market?
Rio Rancho is somewhat competitive. Homes sell in 44.5 days.
0
100
47
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 45 days.
Hot homes
can sell for around list price and go pending in around 18 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Rio Rancho housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Rio Rancho.
Flood Factor - Minor
<1% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Rio Rancho has a minor risk of flooding. 134 properties in Rio Rancho are likely to be
severely affected
by flooding over the next 30 years. This represents <1% of all properties in Rio Rancho. Flood risk is increasing slower than the national average.
84% of properties are at risk of wildfire over the next 30 years
Fire Factor
Rio Rancho has a moderate risk of wildfire. There are 62,745 properties in Rio Rancho that have some risk of being affected by wildfire over the next 30 years. This represents 84% of all properties in Rio Rancho.