Homes for Sale Under 700K in Rio Rancho, NM

1,803 Homes for Sale

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Rio Rancho, NM Housing Market Overview

Rio Rancho is a balanced market, giving buyers and sellers room to negotiate. With 2 months of supply and homes averaging 55 days on the market, you can make decisions without the pressure of a highly competitive market.

Status

Balanced Market

Days on Market

55

Inventory

1,803

Aug 2021May 2024Jul 2026

Median Home Price

$411,950Up 9.85%

In Jul 2026 · YoY

Aug 2021May 2024Jul 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
1,803 Up 1.78%
Newly Listed Homes
202 Up 12.22%
Months of Supply
2 Up 0.41%

Housing Demand

Homes Sold
370 Up 1.37%
Sale-to-List Ratio
0% Down 0.00%
Homes Sold Above List
0% Down 0.00%

30-yr fixed rate 6.23% · Data as of Jul 2026 · Source: Houzeo Research.

View Full Rio Rancho Market Report
No. of Homes
Prices
Days on Market
Homes for Sale Bernalillo
2,873
$429,000
-
Homes for Sale Albuquerque
2,575
$365,000
45
  • mls-imgIDX Logo
    Based on information from the Greater Albuquerque Association of REALTORS® (alternatively, from the Southwest MLS) through Sep 20, 2026, 7:30 AM. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by The Service. © 2026 Greater Albuquerque Association of REALTORS®. All Rights Reserved.

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Rio Rancho, NM Housing Marketlink qauare
Homes Available icon

1,803

Homes Available

Median List Price icon

$ 411,950

Median List Price

Avg on Market icon

55 Days

Avg on Market

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