Rio Rancho Profile
Quality of Life
Housing
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The City of Rio Rancho has attracted award-winning local, regional, and national homebuilders, which has resulted in a wide range of housing options. The City has maintained its reputation and marketability of affordable housing while building a name for itself in high-end real estate.
In November of 2005, the Albuquerque Metropolitan Board of Realtors (AMBOR) divided Rio Rancho into eight categories for residential sales reporting purposes. The AMBOR had previously maintained three reporting categories for Rio Rancho. The following table presents the summary statistics for Rio Rancho residential sales in 2005 by each district.
For an enlarged map of Rio Rancho's eight residential districts, CLICK HERE.
For an enlarged district map listing 2008 Residential Home Sales, CLICK HERE.
Resale activity within the community is active with many options from which to choose. The table below shows the current inventory of Rio Rancho single-family homes on the market by region and price range. For many years, Rio Rancho was known for its affordable housing. That trend continues and the City now boasts custom homes rivaling those of anywhere in the MSA.
Current Single Family Residential
Resale Market by District
Price* |
140 |
141 |
150 |
151 |
152 |
160 |
161 |
162 |
< $150 |
7 |
9 |
44 |
1 |
21 |
2 |
32 |
0 |
$150 - $200 |
20 |
3 |
88 |
22 |
5 |
31 |
54 |
3 |
$201 - $250 |
39 |
3 |
42 |
23 |
6 |
31 |
43 |
0 |
$251 - $500 |
101 |
1 |
96 |
98 |
2 |
92 |
16 |
1 |
> $500 |
11 |
0 |
14 |
43 |
0 |
23 |
4 |
0 |
Totals |
178 |
16 |
281 |
186 |
34 |
178 |
149 |
4 |
*Price in $1,000. March 15 , 2008 Data, SWMLS
To conduct a search of the residential listings in the City of Rio Rancho, please see the Southwest Multiple Listing Service website at www.abqrealtors.com. Additional information on housing statistics can be located at the Albuquerque Metropolitan Board of Realtors website.
2008 Single Family Residential
Sales by District
District |
Description |
Sales |
Average Price |
140 |
Rio Rancho South |
197 |
$245,565 |
141 |
Rio Rancho Southwest |
14 |
$165,661 |
150 |
Rio Rancho Mid |
535 |
$190,268 |
151 |
Rio Rancho Mid- North |
189 |
$273,019 |
152 |
Rio Rancho Mid-West |
40 |
$132,708 |
160 |
Rio Rancho - North |
249 |
$241,518 |
161 |
Rio Rancho Central |
348 |
$176,728 |
162 |
Rio Rancho Northwest |
1 |
$150,000 |
To view recent and historical "Housing Permits" in Rio Rancho, CLICK HERE.
(Last updated 3/28/08)
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