Specific data for this location is not currently available. The data shown is for the surrounding area.
Rio Rancho, NM Housing Market
$360,320
2.1% 1-yrThe average Rio Rancho, NM home value is $360,320, up 2.1% over the past year and goes to pending in around 15 days.
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Rio Rancho Key Takeaways
Typical Home Values: $360,320
1-year Value Change: +2.1%
(Data through May 31, 2025)
Rio Rancho Housing Market Overview
--1-year Market Forecast
449For sale inventory(June 30, 2025)
170New listings(June 30, 2025)
0.995Median sale to list ratio(April 30, 2025)
$349,748Median sale price(April 30, 2025)
$415,633Median list price(June 30, 2025)
18.9%Percent of sales over list price(April 30, 2025)
50.8%Percent of sales under list price(April 30, 2025)
15Median days to pending(June 30, 2025)
(Metric availability is based on market coverage and data)
How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Move forward with a local partner
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact on your credit score.
An equal housing lender. NMLS #10287.
Rio Rancho Rental Market Trends
$1,921Average rent in Rio Rancho(June 30, 2025)
$2,069National average rent(June 30, 2025)
-0.4%Month-over-month change(June 30, 2025)
3.8%Year-over-year change(June 30, 2025)
How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
