Housing · Rio Rancho
Rio Rancho, NM housing market
The typical Rio Rancho home is worth about $361,000, up 0.6% in a year, 14% above the New Mexico typical home.
Home values, sales, trends and how Rio Rancho compares with the towns next door — updated as new data is published.
The market right now
Rio Rancho at a glance
Typical home value
$361K
▲ 0.6% in a year · Zillow
Ten-year trend
Typical home value, 2016–2026
Rio RanchoNew Mexico
Show as a table
| January | Rio Rancho | New Mexico |
|---|---|---|
| 2017 | $183,000 | $178,000 |
| 2018 | $193,000 | $184,000 |
| 2019 | $203,000 | $193,000 |
| 2020 | $218,000 | $205,000 |
| 2021 | $251,000 | $229,000 |
| 2022 | $296,000 | $263,000 |
| 2023 | $328,000 | $287,000 |
| 2024 | $347,000 | $302,000 |
| 2025 | $359,000 | $313,000 |
| 2026 | $361,000 | $315,000 |
| August 2026 | $361,000 | $318,000 |
Next door
Rio Rancho and its neighbors
The towns that share a border. Tap one to see its housing page.
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Rio Rancho | $361K | +0.6% | — | $89,596 |
| Corrales | $700K | +2.5% | — | $102,307 |
| Albuquerque | $346K | +1.6% | — | $68,317 |
| Bernalillo | $344K | +0.8% | — | $63,880 |
Affordability
4 years of income
The typical Rio Rancho home costs about 4 years of the town's median household income, less than across New Mexico (5 years).
How Rio Rancho ranks on affordability →
Home value ÷ ACS median household income.
The homes
Owners, rent & taxes
Homeownership
82.2%
New Mexico: 70%
Median tax bill
$2,293
New Mexico: $1,731
Median rent
$1,514
New Mexico: $1,067
Typical home built
2000
New Mexico: 1985
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.