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)